The Most Affordable Neighborhoods in Alpena County, MI by Home Value

 

Alpena County, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Alpena County area can be challenging. Home prices in Alpena County are now at a median cost of $120,765, lower than the Michigan average of $196,062.

The average cost of rent is $680/mo in Alpena County, primarily driven by the current value of real estate in the Alpena County area. While nearly 50.07% of residents own their homes outright in Alpena County, 18.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alpena County is $3,861 per month. Households that rent pay about 17.61% of their income on rent here. Alpena County's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the county.


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