Housing in Benzie County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Benzie County averages $1,026/month for a 2‑bedroom in 2024, compared to the Michigan median of $1,129 and the national median of $1,413. Local renters spend approximately 29% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Benzie County FMR Area are $982 for a studio, $1,017 for 1‑bedroom, $1,329 for 2‑bedroom, $1,722 for 3‑bedroom, and $1,868 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $303 increase for a 2-bedroom in Benzie County shows a 30% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Benzie County was 5.3% in 2024, compared to Michigan at 4.7% and the national rate of 4.0%.

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Towns near Frankfort

City
County
State
Miles
Grand Traverse
MI
0.0
Grand Traverse
MI
3.9
Grand Traverse
MI
6.8
Grand Traverse
MI
8.1
Benzie
MI
9.0
Grand Traverse
MI
11.0
Grand Traverse
MI
11.3
Leelanau
MI
13.3
Grand Traverse
MI
14.0
Leelanau
MI
15.2
Benzie
MI
16.6
Benzie
MI
17.7
Benzie
MI
17.9
Leelanau
MI
17.9
Leelanau
MI
18.8
Leelanau
MI
19.7
Grand Traverse
MI
20.3
Leelanau
MI
20.3
Benzie
MI
21.7
Grand Traverse
MI
22.4
Leelanau
MI
26.0
Benzie
MI
27.1
Benzie
MI
27.2
Leelanau
MI
29.3
Leelanau
MI
30.7

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