Land and home values in Cheboygan County, Michigan
Cheboygan County (rural) covers 715 square miles and 10 census tracts. Residential land is about $23.90 per sq ft at the county median, from $4.58 in its most rural tracts to $34.60 in its most valuable. The typical home is worth about $279,000 and a 2-bedroom rents for about $1,100 a month, as of October 12, 2026.
Open on the satellite mapAll of MichiganCounty values
| Land: residential | $23.90 | per sq ft |
| Land: residential | $1.04M | per acre |
| Land: quarter-acre lot | $260,271 | 10,890 sq ft |
| Land: farmland | $4,270 | per acre |
| Home: typical (median) | $279,000 | value |
| Home: entry-level | $175,000 | lower quartile |
| Home: upper-end | $421,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $840 | per month |
| Rent: 2-bedroom | $1,100 | per month |
| Rent: 3-bedroom | $1,320 | per month |
| Rent: 4-bedroom | $1,480 | per month |
| Gross yield, 2-bed | 4.7% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Small town | 1 | $4.58 | $174,000 | $1,020 |
| Rural | 8 | $24.30 | $279,000 | $1,140 |
| Farmland | 1 | $21.80 | $188,000 | $1,040 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Royal Beach | Subdivision | $29.60 | $382,000 |
| Lake Shore Drive | Subdivision | $29.30 | $383,000 |
| Veery Point | Subdivision | $29.10 | $342,000 |
| Royal Oak Beach | Subdivision | $29.00 | $370,000 |
| Topinabee Apartments | Subdivision | $28.70 | $376,000 |
| Liberty Point | Subdivision | $28.30 | $355,000 |
| Giauque Beach Association | Subdivision | $26.30 | $350,000 |
| Mullett View | Subdivision | $24.10 | $280,000 |
Questions people ask
How much is land worth in Cheboygan County, MI?
Residential land in Cheboygan County, MI is about $23.90 per square foot, or $1.04M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $260,271. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Cheboygan County, MI?
The typical (median) home in Cheboygan County, MI is worth about $279,000, with entry-level homes around $175,000 and upper-end homes around $421,000, as of October 2026.
How much is rent in Cheboygan County, MI?
A 2-bedroom rents for about $1,100 a month in Cheboygan County, MI, a 1-bedroom about $840 and a 3-bedroom about $1,320 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Cheboygan County, MI?
Farmland averages about $4,270 an acre in Cheboygan County, MI (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.