Home prices
The median home cost in Ontonagon is $63,700. Compared to other places in this area this is roughly $10,580 (14%) lower.It is approximately $153,800 (70%) lower compared to the rest of the country, and in comparison to the city of Houghton is approximately $91,900 (59%) lower.
Rents
Ontonagon's median rent is $496 per month. This is approximately $53 (9%) lower in comparison to other places in this area.Compared to the United States as a whole it is about $566 (53%) lower, and it is approximately $169 (25%) lower in comparison to the city of Houghton.
Nearby places
White Pine
White Pine is about 13 miles southwest of Ontonagon. Housing prices there are substantially less expensive. The median home in White Pine is valued at $43,100, which works out to $20,600 (47%) lower than Ontonagon. Rents there are somewhat more expensive. White Pine's median rent is $575 per month, which comes out to $79 (13%) higher than Ontonagon.
South Range
South Range is about 29 miles northeast from Ontonagon. Its housing prices are a bit more expensive. The median home in South Range is valued at $74,000, which comes out to $10,300 (13%) higher than Ontonagon. Rent there is somewhat more expensive. In South Range the median rent is $556 a month, which is $60 (10%) higher than Ontonagon.
Hancock
Hancock is roughly 32 miles northeast from Ontonagon. The real estate prices there are a lot more expensive. The price of the median home in Hancock is $110,200, which is $46,500 (42%) higher than Ontonagon. Rents there are a little more expensive. The median rent in Hancock is $580 a month, which comes out to $84 (14%) higher than Ontonagon.
Baraga
Baraga is roughly 32 miles east from Ontonagon. Real estate prices there are a little more expensive. The median home cost in Baraga is $87,200, which comes out to $23,500 (26%) higher than Ontonagon. Rent there is similar. Baraga's median monthly rent is $481, which comes out to $15 (3%) lower than Ontonagon.
Wakefield
Wakefield is approximately 34 miles southwest from Ontonagon. Housing prices there are a bit less expensive. The median home in Wakefield costs $56,900, which is $6,800 (11%) lower than Ontonagon. Rents there are a little more expensive. Wakefield's median rent is $552 per month, which works out to $56 (10%) higher than Ontonagon.