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Market MapMichiganManistee

Manistee County

MichiganPopulation: 25,058
69
/100
Buy
#166 of 1,000 counties
#32 in Michigan (83 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated July 8, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$264,589
Median Home Price
15% above national median
$15,987/mo
Est. Rent
Based on regional data
6.04%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
69/100
69
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
79/100

Based on 10.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
73/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Strong price appreciation (+10.3% YoY)
  • +Affordable relative to local incomes

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -Limited rent data (estimates used)

Economic Indicators

Population
25,058
Median Income
—
Data pending
Unemployment Rate
—
Data pending
Price-to-Income
—
Data pending

Who this market fits

Best for
  • +Appreciation buyers: YoY growth is meaningfully above the long-run average
Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
LenaweeMI
71$229,347Est. pending—BuyView
InghamMI
71$216,048$1,3037.24%BuyView
CurrentManisteeMI
69$264,589Est. pending—Buy
ShiawasseeMI
68$201,542$1,0396.19%BuyView
MacombMI
68$261,061$1,3886.38%BuyView
LivingstonMI
67$383,343$2,0256.34%BuyView

The Bottom Line

BuyManistee offers solid investment potential with positive cash flow at typical financing.

Manistee County in Michigan scores 69/100, ranking #166 of 1,000 US counties (top 21%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

Markets like Manistee with stronger cash flow

  • Ingham County for cash-flow rentals
  • Macomb County for cash-flow rentals
  • Livingston County for cash-flow rentals

Cheaper alternatives to Manistee

  • Shiawassee County, lower entry price
  • Ingham County, lower entry price
  • Lenawee County, lower entry price

Head-to-head comparisons

  • Manistee vs Shiawassee for rentals
  • Manistee vs Macomb for rentals
  • Manistee vs Lenawee for rentals
All counties in Michigan →

Rent vs buy in Michigan cities

Rent vs buy in Detroit, MIMedian $172,107 · rent $1,375/moRent vs buy in Grand Rapids, MIMedian $335,851 · rent $1,746/moRent vs buy in Warren, MIMedian $261,061 · rent $1,388/moRent vs buy in Sterling Heights, MIMedian $261,061 · rent $1,388/moRent vs buy in Ann Arbor, MIMedian $399,990 · rent $2,165/moAll Michigan citiesFull rent-vs-buy directory for the state

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