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market report · 49721
Cheboygan, MI · 49721
47 active listings$239,900 median ask$2,220 est. rent0.9% price/rent
$239,900
Median list price
$2,220/mo
Estimated rent
0.9%
Price / rent ratio
47
Listings
FHFA home price index · 2016–2025
117.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.38
Median rent / sqft
29 comps
$194.58
Median sold / sqft
29 comps
—
Walkability
6.0%
Area unemployment
BLS LAUS
Median household income $61,174 · median home value $172,200 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 89).
top deals · highest rent-to-price
80 Woodland Ct, Cheboygan, MI 49721
Cheboygan, MI
$65,000$2,084/mo3.2%
10660 Townline Rd, Cheboygan, MI 49721
Cheboygan, MI
$130,000$2,067/mo1.6%
208 S Bailey St, Cheboygan, MI 49721
Cheboygan, MI
$159,900$2,239/mo1.4%
619 S Cuyler St, Cheboygan, MI 49721
Cheboygan, MI
$154,900$2,090/mo1.3%
1805 E State St, Cheboygan, MI 49721
Cheboygan, MI
$195,000$2,334/mo1.2%
3748 Campbell Rd, Cheboygan, MI 49721
Cheboygan, MI
$185,000$2,149/mo1.2%