Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Manistee area can be challenging. Home prices in Manistee are now at a median cost of $153,366, lower than the Michigan average of $196,062.
The average cost of rent is $782/mo in Manistee, primarily driven by the current value of real estate in the Manistee area. While nearly 50.57% of residents own their homes outright in Manistee, 17.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manistee is $4,788 per month. Households that rent pay about 16.34% of their income on rent here. Manistee's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Eastlake, MI: less expensive homes
- Parkdale, MI: less expensive homes
- Newland, MI: higher priced homes
- Oak Hill, MI: higher priced homes
- Stronach, MI: equally priced homes
- Filer City, MI: higher priced homes
- Harrison Beach, MI: less expensive homes
- Red Park, MI: higher priced homes
- Norwalk, MI: higher priced homes
- Onekama, MI: higher priced homes
Cities with Similar Populations
- Washington, NJ: higher priced homes
- Chelsea, AL: higher priced homes
- Chelsea, MI: higher priced homes
- Cheraw, SC: less expensive homes
- Chester, NY: higher priced homes
- Cheval, FL: higher priced homes
- Chipley, FL: less expensive homes
- Church Point, LA: less expensive homes
- Waseca, MN: equally priced homes
- Cheboygan, MI: equally priced homes
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