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Munising, MI Home Values and Rents
The typical home value in Munising is $208,575, 368th highest of 442 cities and towns in Michigan. Median rent is $706 a month.
- Typical home value
- $208,575
- 368th of 442 in MI
- Median rent
- $706/mo
- ACS 2020-2024
- Price change, 1 year
- +3.4%
- Sep 2026
- Homeownership
- 68.4%
- MI: 73.2%
Typical home value in Munising
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Munising |
|---|---|
| Sep 2026 | $208,575 |
| Dec 2025 | $208,874 |
| Dec 2024 | $202,375 |
| Dec 2023 | $198,496 |
| Dec 2022 | $203,617 |
| Dec 2021 | $188,069 |
| Dec 2020 | $178,589 |
| Dec 2019 | $156,992 |
| Dec 2018 | $162,030 |
| Dec 2017 | $152,810 |
| Dec 2016 | $150,866 |
| Dec 2015 | $149,440 |
| Dec 2014 | $142,301 |
Over five years, Munising prices changed +11.6%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Alger County, MI
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $759 | 0.0% |
| 1 bedroom | $813 | -0.5% |
| 2 bedrooms | $1,064 | -0.7% |
| 3 bedrooms | $1,268 | -1.3% |
| 4 bedrooms | $1,496 | +5.4% |
Frequently asked questions
- What is the typical home value in Munising, MI?
- The typical home value in Munising is $208,575 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Munising?
- The median rent in Munising is $706 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,064.
- Are home prices going up in Munising?
- The typical home value in Munising changed +3.4% over one year and +11.6% over five years, as of Sep 2026.
- How does Munising compare with the rest of Michigan?
- Munising has the 368th highest median home value of 442 cities and towns with 1,000+ residents in Michigan.