$1,600
Total Monthly Price
- 4 Beds
- 2 Baths
- 2,450 Sq Ft
- House for Rent
4504 N Lakeshore Dr, Ludington, MI 49431
Fully furnished home available October through April. Utilities are responsibility of the tenant. We pay for internet and garbage
Frequently Asked Questions
How much does it cost to rent a home in Ludington, MI?
The median rent for a home in Ludington, MI is $1,175 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Ludington, MI?
To comfortably afford the median rent in Ludington, MI, a household needs to earn roughly $47,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,175 per month in Ludington, MI, renters typically need to show $3,525 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Ludington, MI?
In Ludington, MI, the price-to-rent ratio is 22.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
