Bear Lake, Manistee County, MI

Median Home Price Price

$280,326 $280.3K

Median Monthly Rent Rent

$1,185 $1.2K

20.0x

Market Snapshot

Bear Lake, Manistee County, MI is a city market with a median home price of $280,326, a median monthly rent of $1,185, a GRM of 20.0x, and a price-to-rent ratio of 19.7.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

02 Copemish, Manistee County, MI
Nearby alternative Lower GRM Lower price Higher rent Rent momentum
High confidence
Price $217.7K
Rent $1.4K
GRM 13.0x
Explore the data
Region Show
Kaleva
$203K $1.2K 14.0x
Copemish
$218K $1.4K 13.0x
Manistee
$233K $948 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Cornell, Delta County, MI Explore deeper
$181K $887 17.0x
Millington, Tuscola County, MI
$204K $1.2K 14.0x
Clare, Clare County, MI
$198K $1.0K 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Glandorf, Putnam County, OH
$277K $956 24.0x
Boyd, Chippewa County, WI
$208K $1.3K 13.0x
Spirit Lake, Kootenai County, ID
$552K $1.4K 32.0x

Home prices

Monthly rent

GRM = home price / annual rent

Bear Lake

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Benchmark comparison

Compare Bear Lake, MI to another market.

Compare to Kaleva, MI
Bear Lake, MI
Kaleva, MI
Delta
Median rent
$1,185
N/A
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Median price
$280,326
N/A
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YoY change
+$100
N/A
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Price-to-rent
19.7x
Data unavailable
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Key takeaways

  • Bear Lake, Manistee County, MI has a higher-grm screening profile: At 20.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $100 year over year.
  • Next discovery step: compare Kaleva, Manistee County, MI from the Same county set.