States › Michigan › Manistee

Is Manistee, MI expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$84952% lower than U.S. average
💵 Families earn per year (2026)$65,293about $5,441/month · 25% lower than U.S. average
🔑 House price$164,10051% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 15.2 minutes.

How much money do I need?

To rent here comfortably, you should earn about $33,960 a year. That is $16 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

Yes. Rent here is cheaper than in most of Michigan. It is number 12 of 179 cities from cheapest to most expensive.

Manistee
$849
$1,229
$1,402
$1,297

How much do households earn in Manistee?

Under $25k
17.8%
$25k–50k
24.8%
$50k–100k
38.6%
$100k–150k
6.0%
$150k+
7.2%

Share of households by yearly income. 13.3% of households earn $100,000 or more.

Rent by apartment size in Manistee

SizeManisteeU.S. average
1 bedroom$540$1,324
2 bedrooms$932$1,509
3 bedrooms$999$1,698
4 bedrooms$954$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Manistee overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Manistee, so the Michigan figure is shown.

Taxes and bills in Manistee

🏛️ Property tax$2,082a year · 1.27% of home value · U.S. $3,119
⚡ Electric bill$100a month (typical) · U.S. $156

Life in Manistee

Commute to work15.2 minU.S.: 26.4 min
College degree23.1%U.S.: 35.7%
Own their home73.2%U.S.: 65.2%
Below poverty line16.8%U.S.: 12.5%
Unemployment6.7%U.S.: 5.2%

Is it cheaper to rent or buy in Manistee?

Renting is cheaper right now: about $290 a month less.

Renting
$849
Owning
$1,139

Owning assumes a typical $164,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,410 for the down payment.

Frequently asked questions

What is the average rent in Manistee, MI?

Renting in Manistee costs a median of about $849 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Manistee?

To keep rent under 30% of income, you need about $33,960 a year, or $16 an hour at a full-time job.

Is Manistee cheap or expensive?

Manistee is rated Cheap: rent takes 15.6% of the typical household income of $65,293. It ranks 12th cheapest of 179 Michigan cities we track.

How much are property taxes in Manistee?

The median homeowner in Manistee pays $2,082 a year in property taxes, about 1.27% of the median home value.

Is Manistee more expensive than the national average?

Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Manistee?

The median home value in Manistee is $164,100, about 2.5 times the typical yearly household income.

6,275 people live in Manistee. Numbers are typical (middle) values.