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These days, finding an affordable place to live in the St. Ignace area can be challenging. Home prices in St. Ignace are now at a median cost of $129,592, lower than the Michigan average of $196,062.
The average cost of rent is $669/mo in St. Ignace, primarily driven by the current value of real estate in the St. Ignace area. While nearly 50.34% of residents own their homes outright in St. Ignace, 30.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in St. Ignace is $4,813 per month. Households that rent pay about 13.90% of their income on rent here. St. Ignace's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Gros Cap, MI: higher priced homes
- Mackinac Island, MI: higher priced homes
- Mackinaw City, MI: higher priced homes
- Moran, MI: less expensive homes
- Carp Lake, MI: higher priced homes
- Pointe Aux Pins, MI: higher priced homes
- Hessel, MI: equally priced homes
- Levering, MI: higher priced homes
- Point Nipigon, MI: higher priced homes
- Brevort, MI: equally priced homes
Cities with Similar Populations
- Byron, MI: higher priced homes
- Blakeslee, PA: higher priced homes
- Camden, AL: less expensive homes
- Catlett, VA: higher priced homes
- Chester, CT: higher priced homes
- Cloverdale, VA: higher priced homes
- Port Vue, PA: less expensive homes
- Grant, MN: higher priced homes
- Tonkawa, OK: less expensive homes
- Nanty-Glo, PA: less expensive homes
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