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Alpena, MI

Full City Profile · Michigan · Presque Isle County County

2.8 /5.0
C+ Fair
10,178 Population 1,246/sq mi density
$47,604 Median Income $32,430 per capita
$110,400 Home Value $183,620 Zillow
$599 Median Rent 28.7% income on rent
44°F Avg Temperature 270 sunny days/yr
586 Violent Crime/100K 1,606 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$47,604 median income, 4.9% unemployment
A+
Affordability
5.0 / 5.0
$110,400 home value, $599/mo rent
F
Safety
1.0 / 5.0
586 violent crimes/100K (54% above avg)
C
Education
2.2 / 5.0
15.2% bachelor's degree or higher

Housing Overview

Median Home Value
$110,400
61% below
US avg: $281,900
Median Rent
$599/mo
48% below
US avg: $1,163/mo
Homeownership Rate
65.1%
0% below US avg (65.4%)
Total Housing Units
5,446
Median year built: 1954

Home Value by Source

Census Median
$110,400
Zillow (ZHVI)
$183,620
Median Sale Price
$77,500
Median List Price
$267,480
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.1%
Owner-Occupied
34.9%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$689/mo
1 Bedroom
$767/mo
2 Bedroom
$973/mo
3 Bedroom
$1,212/mo
4 Bedroom
$1,632/mo
Census median rent: $599/mo

Market Indicators (Redfin)

Median Days on Market
125 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
3
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$36
Active Inventory
19
homes for sale

Affordability & Housing Stock

Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
65.1%

Complete Housing Data

Home Values

Census Median Value$110,400
Zillow Home Value (ZHVI)$183,620
Median Sale Price$77,500
Median List Price$267,480
Price Per Sq Ft$36

Rent

Census Median Rent$599
FMR Studio$689
FMR 1-Bedroom$767
FMR 2-Bedroom$973
FMR 3-Bedroom$1,212
FMR 4-Bedroom$1,632

Market

Days on Market125
Sale-to-List Ratio0.8%
Price Drops21.1%
Homes Sold3
Active Inventory19
Price Per Sq Ft$36

Ownership & Stock

Owner-Occupied65.1%
Renter-Occupied34.9%
Homeownership Rate65.1%
Total Housing Units5,446
Median Year Built1954
Rent Burden28.7%