Home Price Key
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These days, finding an affordable place to live in the Manitou Beach area can be challenging. Home prices in Manitou Beach are now at a median cost of $202,015, higher than the Michigan average of $196,062.
The average cost of rent is $671/mo in Manitou Beach, primarily driven by the current value of real estate in the Manitou Beach area. While nearly 38.03% of residents own their homes outright in Manitou Beach, 9.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manitou Beach is $6,323 per month. Households that rent pay about 10.61% of their income on rent here. Manitou Beach's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Somerset, MI: equally priced homes
- Clayton, MI: less expensive homes
- Brooklyn, MI: equally priced homes
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Cities with Similar Populations
- Random Lake, WI: equally priced homes
- Lester Prairie, MN: equally priced homes
- Amboy, WA: higher priced homes
- Madelia, MN: less expensive homes
- McComb, OH: less expensive homes
- New Britain, PA: higher priced homes
- Northville, NY: equally priced homes
- Pantego, TX: higher priced homes
- Pentwater, MI: higher priced homes
- Pleasant Valley, MO: less expensive homes
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