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

 

Cheboygan County, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cheboygan County area can be challenging. Home prices in Cheboygan County are now at a median cost of $156,755, lower than the Michigan average of $196,062.

The average cost of rent is $758/mo in Cheboygan County, primarily driven by the current value of real estate in the Cheboygan County area. While nearly 50.28% of residents own their homes outright in Cheboygan County, 14.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cheboygan County is $4,662 per month. Households that rent pay about 16.26% of their income on rent here. Cheboygan County's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the county.


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