Home prices
The median home in Onaway is valued at $42,600. This is approximately $60,340 (58%) lower in comparison to the surrounding areas.In comparison to the US as a whole it is roughly $174,900 (80%) lower, and is approximately $49,900 (53%) lower in comparison to the city of Sault Ste. Marie.
Rents
In Onaway the median monthly rent is $525. This is approximately $107 (16%) lower compared to its surrounding areas.It is approximately $537 (50%) lower in comparison to the US as a whole, and in comparison to the city of Sault Ste. Marie is approximately $173 (24%) lower.
Nearby places
Wolverine
Wolverine is approximately 16 miles west from Onaway. Its real estate prices are substantially more expensive. The price of the median home in Wolverine is $106,300, which comes out to $63,700 (59%) higher than Onaway. Its rents are a bit more expensive. In Wolverine the median monthly rent is $636, which comes out to $111 (17%) higher than Onaway.
Indian River
Indian River is roughly 16 miles west of Onaway. The real estate prices there are significantly more expensive. The median home in Indian River costs $176,900, which is $134,300 (75%) higher than Onaway. Its rents are a bit more expensive. In Indian River the median monthly rent is $646, which is $121 (18%) higher than Onaway.
Rogers City
Rogers City is about 17 miles east from Onaway. The real estate prices there are a lot more expensive. The median home in Rogers City costs $73,000, which is $30,400 (41%) higher than Onaway. The rent there is pretty similar. Rogers City's median monthly rent is $510, which comes out to $15 (2%) lower than Onaway.
Cheboygan
Cheboygan is approximately 20 miles northwest from Onaway. Housing prices there are significantly more expensive. The median home in Cheboygan costs $80,600, which comes out to $38,000 (47%) higher than Onaway. Rents there are a little more expensive. Cheboygan's median monthly rent is $719, which comes out to $194 (26%) higher than Onaway.
Vanderbilt
Vanderbilt is about 22 miles southwest from Onaway. Real estate prices there are a lot more expensive. The cost of the median home in Vanderbilt is $77,900, which works out to $35,300 (45%) higher than Onaway. Rent there is a little more expensive. In Vanderbilt the median rent is $650 a month, which is $125 (19%) higher than Onaway.