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Mancelona, MI
Full City Profile · Michigan · Kalkaska County County
3.3
/5.0
B
Good
1,496
Population
1,496/sq mi density
$50,430
Median Income
$24,947 per capita
$123,900
Home Value
$193,828 Zillow
$956
Median Rent
24.6% income on rent
43°F
Avg Temperature
270 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$50,430 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$123,900 home value, $956/mo rent
D
Education
1.6 / 5.0
7.4% bachelor's degree or higher
Housing Overview
Median Home Value
$123,900
56% below
US avg: $281,900
Median Rent
$956/mo
18% below
US avg: $1,163/mo
Homeownership Rate
68.2%
4% above US avg (65.4%)
Total Housing Units
712
Median year built: 1968
Home Value by Source
Census Median
$123,900
Zillow (ZHVI)
$193,828
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.2%
Owner-Occupied
31.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$956/mo
Affordability & Housing Stock
Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
68.2%
Complete Housing Data
Home Values
| Census Median Value | $123,900 |
| Zillow Home Value (ZHVI) | $193,828 |
Rent
| Census Median Rent | $956 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 68.2% |
| Renter-Occupied | 31.8% |
| Homeownership Rate | 68.2% |
| Total Housing Units | 712 |
| Median Year Built | 1968 |
| Rent Burden | 24.6% |