Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mackinaw City area can be challenging. Home prices in Mackinaw City are now at a median cost of $173,139, lower than the Michigan average of $196,062.
The average cost of rent is $690/mo in Mackinaw City, primarily driven by the current value of real estate in the Mackinaw City area. While nearly 60.10% of residents own their homes outright in Mackinaw City, 18.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mackinaw City is $4,451 per month. Households that rent pay about 15.50% of their income on rent here. Mackinaw City's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Carp Lake, MI: less expensive homes
- St. Ignace, MI: less expensive homes
- Mackinac Island, MI: higher priced homes
- Gros Cap, MI: equally priced homes
- Levering, MI: equally priced homes
- Point Nipigon, MI: less expensive homes
- Weadock, MI: equally priced homes
- Pointe Aux Pins, MI: equally priced homes
- Van, MI: less expensive homes
- Mullett Lake, MI: less expensive homes
Cities with Similar Populations
- Palo Alto, PA: less expensive homes
- Naplate, IL: equally priced homes
- Napoleon, ND: less expensive homes
- Negreet, LA: equally priced homes
- New Lisbon, IN: less expensive homes
- New Martinsburg, OH: equally priced homes
- New Salem, MA: higher priced homes
- Newcomb, NM: less expensive homes
- Newton, WI: higher priced homes
- Novelty, WA: higher priced homes
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