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.
How much do households earn in Manistee?
Share of households by yearly income. 13.3% of households earn $100,000 or more.
Rent by apartment size in Manistee
| Size | Manistee | U.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).
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
Life in Manistee
Is it cheaper to rent or buy in Manistee?
Renting is cheaper right now: about $290 a month less.
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.