Onaway, located in Presque Isle County, Michigan, is a small town that boasts a blend of rural charm and access to beautiful natural landscapes. With its friendly community, outdoor recreational opportunities, and a peaceful living environment, Onaway presents an attractive destination for families, retirees, and anyone seeking tranquility. This article delves into the best residential areas in Onaway, shedding light on their characteristics, housing options, and average prices.
Table of Contents
Downtown Onaway

(Image for illustration purposes only.)
Downtown Onaway serves as the main hub of the community, offering a range of local shops, restaurants, and community services. This area is ideal for those who appreciate a vibrant community atmosphere with easy access to amenities.
Characteristics of the Downtown Onaway
* Culture: Historical buildings, local events, and farmers' markets
* Transportation: Walkable area with local bus services
* Services: Grocery stores, banks, pharmacies, and parks
* Environment: Lively yet friendly small-town vibe
Housing Options in the Downtown Onaway
Single-family homes, Townhouses
Average Home Prices in the Downtown Onaway
* Buying: $100,000 – $160,000
* Renting: $750 – $1,200/month
Onaway Lake Area

(Image for illustration purposes only.)
The Onaway Lake area is perfect for those who love water activities and scenic views. Many homes here offer direct access to the lake and stunning waterfront vistas. This area attracts outdoor enthusiasts and families seeking a retreat-like atmosphere.
Characteristics of the Onaway Lake Area
* Culture: Water sports, fishing, and seasonal events
* Transportation: Car recommended, with some walkable areas
* Services: Basic amenities, close to nature trails and recreation facilities
* Environment: Relaxed and recreational
Housing Options in the Onaway Lake Area
Lakefront cottages, Single-family homes
Average Home Prices in the Onaway Lake Area
* Buying: $150,000 – $250,000
* Renting: $1,000 – $1,500/month
North Onaway

(Image for illustration purposes only.)
North Onaway is characterized by its serene woods and proximity to nature preserves. It's an excellent choice for those looking for a quiet, private living experience surrounded by nature.
Characteristics of the North Onaway
* Culture: Outdoor recreation and wildlife watching
* Transportation: Car necessary, remote living
* Services: Limited, mainly self-sufficient options
* Environment: Peaceful and secluded
Housing Options in the North Onaway
Cabins, Single-family homes on larger lots
Average Home Prices in the North Onaway
* Buying: $90,000 – $140,000
* Renting: $700 – $1,000/month
South Onaway

(Image for illustration purposes only.)
South Onaway offers a blend of residential and rural living, featuring larger plots and proximity to agricultural areas. This neighborhood is ideal for those who appreciate a bit of land and a slower pace of life.
Characteristics of the South Onaway
* Culture: Community gardens and local farming
* Transportation: Car recommended, limited public transport
* Services: Basic amenities, farmers' markets nearby
* Environment: Rural and community-oriented
Housing Options in the South Onaway
Single-family homes, Farms
Average Home Prices in the South Onaway
* Buying: $85,000 – $130,000
* Renting: $650 – $900/month
Rural Atwood Area

(Image for illustration purposes only.)
The Rural Atwood area promotes a rustic lifestyle while still being close to Onaway. It features beautiful natural scenery and spacious properties, attracting those who treasure privacy and outdoor exploration.
Characteristics of the Rural Atwood Area
* Culture: Nature-focused lifestyle and community events
* Transportation: Car essential, some dirt roads
* Services: Limited; self-sufficiency encouraged
* Environment: Quiet with an emphasis on nature
Housing Options in the Rural Atwood Area
Large lots, Custom-built homes, Farms
Average Home Prices in the Rural Atwood Area
* Buying: $95,000 – $150,000
* Renting: $800 – $1,100/month
Thunder Bay River Area

(Image for illustration purposes only.)
The Thunder Bay River Area is a lovely neighborhood that provides picturesque views and various outdoor activities like fishing and kayaking. This area is perfect for families and individuals who enjoy an active lifestyle surrounded by water and greenery.
Characteristics of the Thunder Bay River Area
* Culture: Fishing, boating, and community festivals
* Transportation: Car recommended, though it's walkable
* Services: Proximity to parks, recreational centers
* Environment: Community-focused and vibrant
Housing Options in the Thunder Bay River Area
Riverside homes, Single-family houses
Average Home Prices in the Thunder Bay River Area
* Buying: $120,000 – $180,000
* Renting: $900 – $1,300/month
Frequently Asked Questions About the Best Residential Areas in Onaway:
The best residential areas in Onaway include Downtown Onaway, Onaway Lake Area, North Onaway, South Onaway, Rural Atwood Area, and Thunder Bay River Area.
South Onaway and North Onaway typically offer the most affordable housing options.
The Downtown Onaway and Thunder Bay River Area are ideal for families due to their community services and recreational facilities.
Onaway Lake Area, Thunder Bay River Area, and North Onaway are excellent for outdoor enthusiasts.
Yes, there are several opportunities for newly built homes primarily in the Downtown Onaway and Onaway Lake Area.
Single-family homes, cottages, and larger rural residences are the most common housing types.
Home prices in Onaway typically range from $85,000 to $250,000, depending on the neighborhood and proximity to amenities.
Public transportation is limited in Onaway; therefore, having a car is highly recommended for most residents.
Downtown Onaway has the most vibrant community atmosphere, with local events and social gatherings.
Residents can find essential services such as grocery stores, banks, pharmacies, and recreational facilities mainly in Downtown Onaway.
Conclusion on the Best Residential Areas in Onaway:
Onaway offers a diverse range of residential neighborhoods, each with its unique characteristics and lifestyle benefits. Whether you prefer the convenience of Downtown Onaway, the lakefront beauty of Onaway Lake Area, the tranquility of North Onaway, or the rustic charm of the Rural Atwood Area, there is a suitable option for everyone. Families, retirees, and outdoor enthusiasts will find appealing homes that cater to their needs. With its friendly community and access to natural beauty, Onaway is a hidden gem for those seeking a peaceful place to call home.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.