Cost of Living in Ontonagon County, Michigan

$571/mo
Median Monthly Rent
$101,000
Median Home Value
35% below state averageUnaffordable

At a Glance

Median Monthly Rent
$571/mo
35% below state average
Median Home Value
$101,000
64% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Ontonagon County Compares

Median monthly rent comparison

Ontonagon County$571/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$571/mo
Median Gross Rent
$101,000
Median Home Value
$570/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Ontonagon County, Michigan

Ontonagon offers rare housing affordability bargain

Ontonagon County's 13.2% rent-to-income ratio ranks among the nation's most affordable housing markets, well below the typical U.S. threshold of 30%. At just $571 per month for median rent, Ontonagon delivers exceptional value—though median incomes of $51,844 remain 31% lower than the national average.

Michigan's most affordable rental market

Ontonagon's 13.2% rent-to-income ratio significantly undercuts Michigan's state average of 16.3%, making it one of the state's best deals for renters. The county's median rent of $571 is the lowest among these eight northern Michigan counties.

Ontonagon beats all surrounding counties on rent

At $571 monthly, Ontonagon's median rent is sharply lower than Presque Isle ($625), Oscoda ($675), Osceola ($764), and Ogemaw ($828). Combined with a 13.2% rent burden, Ontonagon offers the strongest rental affordability in the region.

Rent and ownership both remarkably affordable

Monthly gross rent of $571 and median owner costs of $570 each consume just 13% of household income, leaving substantial room in family budgets. This near-parity between rent and ownership costs gives households genuine choice without financial strain.

Ontonagon: affordability meets small-town charm

Remote workers or retirees relocating to Michigan's Upper Peninsula should seriously consider Ontonagon—housing costs are the region's lowest, though job opportunities may be limited. Compare local employment prospects against this rare affordability advantage before deciding.

Affordability Calculator

See how your income compares to housing costs in Ontonagon County

$

Rent Burden

13.2%

of gross income

Max Housing (28% Rule)

$1,210

per month

Owner Cost Burden

13.2%

of gross income

You can likely afford the median home in Ontonagon County

Median home value is $101,000. Estimated monthly cost: $806 vs. your max of $1,210.

Rent Affordability Guide

Your rent-to-income ratio13.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Ontonagon County, Michigan?
Ontonagon County, Michigan has a median monthly rent of $571/mo and a median home value of $101,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Ontonagon County?
The median gross rent in Ontonagon County is $571/mo. This is 35% below state average for Michigan.
Is Ontonagon County affordable?
Ontonagon County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ontonagon County's rent compare to the state average?
Ontonagon County's median rent of $571/mo is 35% below state average of $873/mo for Michigan.
What is the median home value in Ontonagon County?
The median home value in Ontonagon County, Michigan is $101,000. This is 64% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.