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

These days, finding an affordable place to live in the Keweenaw County area can be challenging. Home prices in Keweenaw County are now at a median cost of $155,177, lower than the Michigan average of $250,415.

The average cost of rent is $770/mo in Keweenaw County, primarily driven by the current value of real estate in the Keweenaw County area. In Keweenaw County, 9.34% of households rent, and 59.19% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Keweenaw County is $4,673 per month. Households that rent pay about 16.47% of their income on rent here. Keweenaw County’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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