A typical Onota home is worth roughly $331,000
What kind of housing town is Onota?
Read from the numbers below. The page puts what stands out first.
89% of Onota households own their home
Half of Onota’s homes were built before 1976.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Onota
Try your own numbers below.
That’s $60K short of a typical Onota home.
A two-bedroom rents for about $1,080 a month here, $1,000 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.
A two-bedroom rents for about $1,080
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Alger County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Onota vs. its neighbors
Onota is the priciest of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Onota | $331K* | — | $1,080 | $85,875 |
| Rock River | $214K* | — | $1,070 | $63,235 |
| Chocolay | $247K* | +6.5%† | $1,200 | $87,167 |
| Au Train | $241K | +11.8% | $1,120 | $64,015 |
| Skandia | $236K | +9% | $1,140 | $69,485 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Onota buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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.