Ludington, MI

Ludington, MI real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 4.0%/yr.

Rent growth

: 3.0%/yr.

Median cap rate

: 1.8%.

Median IRR

: 1.2%.

Median rental home value

: $370,600.

Median rental rate

: $896/mo.

Median property tax

: $2,334/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Ludington, MI →

Top listings right now

543 N Dennis Rd, Ludington, MI 49431 $180,000· 2 bd· 1 ba
6700 Lorne Dr, Pentwater, MI 49449 $225,000· 3 bd· 2 ba
6395 S Lakeshore Dr, Pentwater, MI 49449 $224,900· 1 bd· 1 ba
9322 80th Ave, Pentwater, MI 49449 $299,900· 3 bd· 2.5 ba
155 Skocelas Rd N, Manistee, MI 49660 $185,000· 3 bd· 1 ba
8207 N Hunters Ridge Dr, Irons, MI $174,900· 2 bd· 1 ba
301 Cypress St, Manistee, MI 49660 $179,000· 4 bd· 2 ba
615 E Melendy St, Ludington, MI 49431 $214,900· 3 bd· 2 ba
603 S George St, Ludington, MI 49431 $219,000· 2 bd· 1 ba
6383 S Lakeshore Dr, Pentwater, MI 49449 $267,000· 2 bd· 1.5 ba
8492 N Br Us 31 Rd, Pentwater, MI $299,900· 3 bd· 1.5 ba
310 W Court St, Ludington, MI 49431 $329,900· 4 bd· 2 ba
3631 W Chauvez Rd, Ludington, MI 49431 $345,000· 4 bd· 2 ba
210 5th Ave, Manistee, MI 49660 $399,000· 4 bd· 2 ba
5842 Caberfae Hwy, Manistee, MI 49660 $469,000· 4 bd· 2.5 ba
10694 N Mac Rd, Irons, MI 49644 $420,000· 3 bd· 1 ba
1424 Timber Ridge Dr, Manistee, MI 49660 $715,000· 4 bd· 2.5 ba

ZIP codes in Ludington, MI

Rental market data for every ZIP code in this micro area.