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These days, finding an affordable place to live in the Mackinaw area can be challenging. Home prices in Mackinaw are now at a median cost of $201,040, lower than the Illinois average of $300,242.
The average cost of rent is $901/mo in Mackinaw, primarily driven by the current value of real estate in the Mackinaw area. In Mackinaw, 15.82% of households rent, and 38.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mackinaw is $8,460 per month. Households that rent pay about 10.64% of their income on rent here. Mackinaw’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Deer Creek, IL: higher priced homes
- Minier, IL: less expensive homes
- Tremont, IL: higher priced homes
- Goodfield, IL: higher priced homes
- Danvers, IL: equally priced homes
- Morton, IL: higher priced homes
- Dillon, IL: higher priced homes
- Hopedale, IL: equally priced homes
- Congerville, IL: higher priced homes
- Stanford, IL: less expensive homes
Cities with Similar Populations
- Massac, KY: higher priced homes
- Beavercreek, OR: higher priced homes
- Sawmills, NC: higher priced homes
- Saukville, WI: higher priced homes
- Attica, MI: higher priced homes
- North Tazewell, VA: less expensive homes
- Contoocook, NH: higher priced homes
- Abbeville, AL: less expensive homes
- Ashland, PA: less expensive homes
- Houston, AK: higher priced homes
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