Home prices
The median home in Manistee Lake costs $117,600. In comparison to its nearby areas this is about $17,800 (17%) higher.It is approximately $99,900 (45%) lower in comparison to the rest of the country, and is approximately $32,800 (21%) lower compared to the city of Midland.
Rents
Manistee Lake's median rent is $848 per month. In comparison to nearby areas it is about $126 (17%) higher.It is approximately $214 (20%) lower compared to the entire country, and compared to the city of Midland it is approximately $60 (7%) higher.
Nearby places
Kalkaska
Kalkaska is about 7 miles southwest of Manistee Lake. Its housing prices are a lot less expensive. The median home value in Kalkaska is $83,700, which is $33,900 (40%) lower than Manistee Lake. Rent there is substantially less expensive. The median rent in Kalkaska is $609 per month, which comes out to $239 (39%) lower than Manistee Lake.
Mancelona
Mancelona is roughly 7 miles north from Manistee Lake. Its housing prices are a lot less expensive. Mancelona's median home cost is $75,400, which is $42,200 (55%) lower than Manistee Lake. Its rents are fairly similar. The median monthly rent in Mancelona is $843, which is very similar to Manistee Lake.
Rapid City
Rapid City is about 11 miles west from Manistee Lake. The real estate prices there are somewhat more expensive. The value of the median home in Rapid City is $138,400, which comes out to $20,800 (15%) higher than Manistee Lake. Rent there is a little less expensive. The median monthly rent in Rapid City is $729, which comes out to $119 (16%) lower than Manistee Lake.
Bellaire
Bellaire is about 14 miles northwest of Manistee Lake. The real estate prices there are somewhat less expensive. Bellaire's median home cost is $109,800, which is $7,800 (7%) lower than Manistee Lake. The rent there is substantially less expensive. In Bellaire the median monthly rent is $640, which works out to $208 (32%) lower than Manistee Lake.
South Boardman
South Boardman is approximately 14 miles southwest from Manistee Lake. Housing prices there are a bit less expensive. The value of the median home in South Boardman is $91,700, which is $25,900 (28%) lower than Manistee Lake. Its rents are a little less expensive. South Boardman's median monthly rent is $791, which comes out to $57 (7%) lower than Manistee Lake.