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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 $245,062, lower than the Michigan average of $250,415.
The average cost of rent is $971/mo in Manitou Beach, primarily driven by the current value of real estate in the Manitou Beach area. In Manitou Beach, 6.59% of households rent, and 37.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Manitou Beach is $7,155 per month. Households that rent pay about 13.57% of their income on rent here. Manitou Beach’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Addison, MI: less expensive homes
- Cambridge Junction, MI: higher priced homes
- Rollin, MI: less expensive homes
- Rome Center, MI: equally priced homes
- Cement City, MI: less expensive homes
- Onsted, MI: higher priced homes
- Somerset, MI: higher priced homes
- Clayton, MI: less expensive homes
- Brooklyn, MI: higher priced homes
- Somerset Center, MI: equally priced homes
Cities with Similar Populations
- Random Lake, WI: higher priced homes
- Lester Prairie, MN: higher 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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