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Housing in Onekama

A typical Onekama home is worth roughly $185,000

Typical home value
$185K
MI $266K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$1,536
MI $2,904

What kind of housing town is Onekama?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Onekama

Try your own numbers below.

You could afford about
$271,000
Typical Onekama home $185K

That covers a typical Onekama home, with $86K to spare.

The typical home, each month
$1,170
Loan $920Tax $190Insurance $50

A two-bedroom rents for about $970 a month here, $200 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Michigan typical property tax (1.25% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

94% of Onekama households own their home

Half of Onekama’s homes were built before 1959.

Owners and renters
Own 94%Rent 6%

Michigan: 73% own.

1959
typical home built · MI 1972
$1,536
median property tax bill · MI $2,904
32%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $488, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$740
2 bedrooms$970
3 bedrooms$1,240
4 bedrooms$1,290
6%
of households rent · MI 27%
7
renter households
$488
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Manistee County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Onekama buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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