Home prices
The median home in Alpena costs $74,600. In comparison to its surrounding areas it is approximately $31,233 (29%) lower.In comparison to the entire nation it is about $142,900 (65%) lower.
Rents
Alpena's median rent is $620 per month. This is approximately $81 (14%) higher in comparison to its surrounding areas.In comparison to the country as a whole it is approximately $442 (41%) lower.
Nearby places
Ossineke
Ossineke is about 10 miles south from Alpena. The real estate prices there are somewhat more expensive. The value of the median home in Ossineke is $88,900, which is $14,300 (16%) higher than Alpena. Rents there are a bit less expensive. Ossineke's median monthly rent is $520, which is $100 (19%) lower than Alpena.
Posen
Posen is about 15 miles northwest of Alpena. Its real estate prices are similar. The median home price in Posen is $76,400, which is $1,800 (2%) higher than Alpena. Rent there is significantly less expensive. The median monthly rent in Posen is $344, which is $276 (80%) lower than Alpena.
Hubbard Lake
Hubbard Lake is roughly 17 miles south of Alpena. The real estate prices there are substantially more expensive. The median home cost in Hubbard Lake is $237,500, which is $162,900 (68%) higher than Alpena. Its rents are a bit more expensive. The median rent in Hubbard Lake is $800 per month, which comes out to $180 (22%) higher than Alpena.
Hillman
Hillman is approximately 18 miles west from Alpena. Real estate prices there are somewhat more expensive. The median home in Hillman costs $83,000, which comes out to $8,400 (10%) higher than Alpena. Its rents are a little less expensive. The median monthly rent in Hillman is $541, which comes out to $79 (14%) lower than Alpena.
Lincoln
Lincoln is roughly 24 miles south from Alpena. Its real estate prices are fairly similar. The median home price in Lincoln is $76,200, which works out to $1,600 (2%) higher than Alpena. Rents there are a bit less expensive. The median monthly rent in Lincoln is $521, which is $99 (19%) lower than Alpena.
Rogers City
Rogers City is approximately 26 miles northwest from Alpena. The real estate prices there are fairly similar. The median home in Rogers City costs $73,000, which is $1,600 (2%) lower than Alpena. Rent there is a bit less expensive. In Rogers City the median monthly rent is $510, which works out to $110 (21%) lower than Alpena.