Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ontonagon area can be challenging. Home prices in Ontonagon are now at a median cost of $63,732, lower than the Michigan average of $196,062.
The average cost of rent is $569/mo in Ontonagon, primarily driven by the current value of real estate in the Ontonagon area. While nearly 67.31% of residents own their homes outright in Ontonagon, 11.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ontonagon is $3,862 per month. Households that rent pay about 14.73% of their income on rent here. Ontonagon's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Rockland, MI: equally priced homes
- Greenland, MI: higher priced homes
- Silver City, MI: equally priced homes
- White Pine, MI: equally priced homes
- Mass City, MI: higher priced homes
- Wainola, MI: higher priced homes
- Winona, MI: higher priced homes
- Nisula, MI: higher priced homes
- Topaz, MI: higher priced homes
- North Paynesville, MI: higher priced homes
Cities with Similar Populations
- Stratford, TX: higher priced homes
- Hope, MI: higher priced homes
- Hoyt Lakes, MN: equally priced homes
- Jetersville, VA: higher priced homes
- Kewadin, MI: higher priced homes
- Milford Center, OH: higher priced homes
- Millry, AL: higher priced homes
- Mossyrock, WA: higher priced homes
- Scotts Mills, OR: higher priced homes
- Shelby, MS: higher priced homes
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