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City · 8,326 residents · Menominee County, Michigan

Menominee , Michigan

In Menominee, a typical home is worth $104,400 and typical rent is $735 a month. Compared with all of Menominee County, the typical home value is 31% lower, typical household income is 12% lower, and the share of households that own their home is 12 points lower.

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  • Typical home value

    $104,400

    31% below the county

    55% below Michigan

    • Menominee
    • County
    • Michigan

  • Typical rent

    $735a month

    6% above the county

    35% below Michigan

    • Menominee
    • County
    • Michigan

  • Typical household income

    $49,432a year

    12% below the county

    32% below Michigan

    • Menominee
    • County
    • Michigan

  • Households that own their home

    69%

    12 points below the county

    4 points below Michigan

    • Menominee
    • County
    • Michigan

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$177,824
3.1% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Menominee is in Menominee County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Menominee County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Menominee apart

What this place has that others do not, from public data, most unusual first.

  1. Menominee has the 7th lowest typical rent of the 175 cities in Michigan with more than 5,000 people ($735).

  2. The typical home in Menominee is worth $104,400, 31% less than in Menominee County as a whole ($151,800).

  3. 69% of households in Menominee own their home, against 81% in Menominee County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Menominee

What homes there are in Menominee, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Menominee, but it weighs less than in Menominee County: 69% against 81%.

Year built

In Menominee, half of the homes were built before 1953; in Menominee County, before 1970.

Homes in Menominee are smaller: 55% have 3 bedrooms or more; in Menominee County, 62%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,072 a month

Menominee County: $1,163 a month

Without a mortgage

$451 a month

Menominee County: $436 a month

Owners with a mortgage

51%

Menominee County: 47%

Owning costs less in Menominee: with a mortgage, the typical cost is $1,072 a month; in Menominee County, $1,163. Without one, $451.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Menominee rose 35%; in Menominee County, it rose 49%.

Since 2015–2019, the typical rent in Menominee rose 28%, more than in Menominee County (20%).

To compare: typical income in Menominee rose 28%; the home, +35%; the rent, +28%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMenomineeMenominee CountyMichiganUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimateUnreliable estimate1.6%3.4%
People per household 2.082.212.422.53
Drive alone 76%79%74%69%
Carpool 8%8%8%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike 8%4%2%3%
Work from home 8%8%14%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.08 on average, against 2.21 in Menominee County.

More people walk or bike to work in Menominee: 8%, against 4% in Menominee County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Menominee?

A typical home is within reach of the typical income

We start with a typical home in Menominee, worth $104,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 23% of the typical household income in Menominee, which is $49,432 a year.

The calculator's FHA and conventional loan limits are those of all of Menominee County.

Your numbers

Local data
$

Starts at the typical home value in Menominee. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $3,654 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$931

at 7.18% · 30 years

Loan amount
$102,509
Total interest
$147,486
Paid off in
November 2056

Includes $1,763 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,153 a month

    Your payment · 23%

  • Tight

    $1,153 to $1,483 a month

  • Hard

    more than $1,483 a month

Compared with the typical household income in Menominee ($49,432 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$931
Principal & interest$694
Property tax$147
Home insurance$44
FHA mortgage insurance (MIP)$46

You need at least $3,654 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Menominee and Menominee County

Menominee is in Menominee County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Menominee's own numbers

Typical home value
$104,400
Typical monthly rent
$735
Typical yearly household income
$49,432
Households that own their home
69%
Effective property tax rate
1.69%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Menominee County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,014
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
8.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Menominee County.

Everything about Menominee County

Buying

Buying a home in Menominee

A typical home in Menominee is worth $104,400: 31% below the county and 55% below Michigan. With the typical household income in Menominee ($49,432 a year), a typical home costs 2.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Menominee 2.1 years
  • County 2.7 years
  • Michigan 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Menominee County

According to FHFA’s house price index, home prices in Menominee County rose 89% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Menominee County.

Period County Michigan U.S.
Last year (2025) +4.3% +4.7% +2.9%
5 years (2020–2025) +61% +52% +47%
10 years (2015–2025) +89% +97% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Menominee next to Menominee County, Michigan and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Menominee $104,400
  • County $151,800
  • Michigan $231,600
  • United States $332,700
Typical monthly rent
  • Menominee $735
  • County $692
  • Michigan $1,129
  • United States $1,413
Typical yearly household income
  • Menominee $49,432
  • County $56,435
  • Michigan $72,875
  • United States $80,734
See the full table
Menominee next to Menominee County and Michigan
Measure Menominee Menominee County Michigan U.S.
Typical home value $104,400 $151,800 $231,600 $332,700
Typical monthly rent $735 $692 $1,129 $1,413
Typical yearly household income $49,432 $56,435 $72,875 $80,734
Households that own their home 69% 81% 73% 65%
Typical yearly property tax $1,768 $1,537 $2,904 $3,119
Effective property tax rate 1.69% 1.01% 1.25% 0.94%
Renters with high rent for their income 53% 46% 50% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Menominee County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Menominee

For a typical $104,400 home in Menominee, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Menominee's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $931a month

    Least cash to close
    Down payment
    $3,654
    Cash to close
    $6,786
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $46

  • Conventional, 5% down $912a month

    Down payment
    $5,220
    Cash to close
    $8,352
    Rate
    7.18%
    Mortgage insurance
    PMI · $50

  • Conventional, 20% down, no PMI $756a month

    Down payment
    $20,880
    Cash to close
    $24,012
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $853a month

    Down payment
    $15,660
    Cash to close
    $18,792
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Menominee and for Menominee County.

Property tax

Effective rate in Menominee

1.69%of the home’s value each year

$1,768 a year for the typical owner in Menominee.

  • Menominee 1.69%
  • County 1.01%
  • Michigan 1.25%

What Michigan publishes Principal Residence Exemption (PRE) from school operating tax (Michigan Legislature (Michigan Compiled Laws))

Exemptions and deadlines in Michigan

Flood risk in Menominee County

FEMA does not publish these numbers by city: they are for all of Menominee County.

Homes in the high-risk zone
8.9%
1,075
Of those, with NFIP insurance
3.6%
County Michigan U.S.
Homes in the high-risk zone 8.9% 1.6% 3.5%
Of those, with NFIP insurance 3.6% 18% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Menominee

Typical rent in Menominee is $735 a month: 6% above the county. In Menominee, 53% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Menominee County, by unit size. To pay the 2-bedroom one ($1,014 a month) without spending more than 30% of your income, you would need to earn $19.50 an hour working full time.

HUD fair market rent for all of Menominee County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $745 $14.33 $29,800
1 bedroom $817 $15.71 $32,680
2 bedrooms $1,014 $19.50 $40,560
3 bedrooms $1,404 $27.00 $56,160
4 bedrooms $1,426 $27.42 $57,040

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Menominee

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Menominee is in ZIP code 49858.

For 2 bedrooms it is $1,030: $16 more than the fair market rent for Menominee County ($1,014).

  • 49858 $1,030$1,430

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Menominee when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Menominee

HUD lists 5 buildings with rents for lower incomes in Menominee. These are the largest.

  • Bridge View Apts 1801 8th Ave, Menominee 49858 142 homes, 127 low-income · Run by Menominee Housing Commission · Average payment: $425 a month · Average wait: 5 months (906) 863-8717
  • Hay Creek Apts 1110 38th Ave, Menominee 49858 80 low-income homes · For older adults (906) 863-8903
  • Interfaith Manor 1220 9th Ave, Menominee 49858 51 low-income homes · For older adults (906) 863-2211
  • Northland New Hope Heights 1520 46th Ave, Menominee 49858 18 low-income homes · For older adults (906) 864-2168
  • Lloyd House 927 1st St, Menominee 49858 42 homes · In service since 2013 · For older adults, people with disabilities, families, people experiencing homelessness

See all 9 buildings in Menominee County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Menominee

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Menominee County. The nearest ones are below; many serve by phone or online.

A grandmother smiles, seated at home.

HUD counseling is free or low-cost

Assistance programs in Menominee

No down payment, repair or rent-help program on our list is for Menominee or Menominee County. The ones below are statewide in Michigan: they work in Menominee the same as in the rest of the state.

Which programs do I qualify for? All programs in Michigan

  • MI 10K DPA Loan

    Statewide in Michigan

    Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it. Offered by Michigan State Housing Development Authority (MSHDA).

    Deferred

    See the program Official page

  • Mortgage Credit Certificate (MCC)

    Statewide in Michigan

    Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy. Offered by Michigan State Housing Development Authority (MSHDA).

    Tax credit

    See the program Official page

Housing counselors near Menominee

The HUD-approved agencies closest to the center of Menominee, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Legal Services of Northern Michigan, Inc.

    504 Ludington St, Escanaba · 51 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    906-786-2303-3

  • Northwest Michigan Community Action Agency, Inc

    3963 3 Mile Rd N, Traverse City · 104 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 9 more
    (231) 947-3780

  • Northwest Michigan Communty Action Agency , Inc

    1640 Marty Paul St, Cadillac · 123 miles away

    Also serves in American Sign Language (ASL).

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 9 more
    (231) 947-3780

All counseling agencies in Michigan

Help in Spanish near Menominee

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Menominee

HUD’s record names them for Menominee or Menominee County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Menominee Housing Commission Public housing and Section 8 vouchers (906) 863-8717

One other authority has an office in Menominee County: see the list Source: HUD

Cities

Nearby cities

The cities closest to Menominee, with the typical home value.

Everything about Menominee County Housing in Michigan

Neighboring counties

If Menominee County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Menominee.

All guides
A smiling girl holds up a small mushroom she found on a forest outing.

Questions

Housing questions about Menominee

Short answers with the numbers for Menominee and all of Menominee County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Menominee?

The typical home value in Menominee is $104,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Menominee County it is $151,800.

How much does it cost to rent in Menominee?

Typical rent in Menominee is $735 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Menominee County is $1,014.

What is the FHA loan limit in Menominee?

Menominee uses the FHA limit for all of Menominee County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Menominee?

The typical homeowner in Menominee pays $1,768 a year, according to the U.S. Census Bureau. That is 1.69% of the home’s value; in Menominee County, the rate is 1.01%.

Where can I find free help to buy or rent in Menominee?

We found no HUD-approved counseling agencies with an office in Menominee County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).