Home prices
The median home value in St. Ignace is $113,300. Compared to other places in this area this is about $49,500 (30%) lower.It is roughly $104,200 (47%) lower compared to the entire nation, and is about $20,800 (22%) higher in comparison to the city of Sault Ste. Marie.
Rents
The median monthly rent in St. Ignace is $605. It is approximately $70 (10%) lower compared to its surrounding areas.It is approximately $457 (43%) lower compared to the entire country, and is approximately $93 (13%) lower compared to the city of Sault Ste. Marie.
Nearby places
Mackinac Island
Mackinac Island is approximately 4 miles east of St. Ignace. The housing prices there are significantly more expensive. The median home in Mackinac Island is valued at $373,300, which is $260,000 (69%) higher than St. Ignace. Rents there are pretty similar. In Mackinac Island the median monthly rent is $595, which is $10 (1%) lower than St. Ignace.
Mackinaw City
Mackinaw City is roughly 5 miles south from St. Ignace. The housing prices there are a little more expensive. Mackinaw City's median home cost is $151,600, which comes out to $38,300 (25%) higher than St. Ignace. Rents there are a bit more expensive. In Mackinaw City the median rent is $686 a month, which is $81 (11%) higher than St. Ignace.
Carp Lake
Carp Lake is about 11 miles south of St. Ignace. Real estate prices there are somewhat more expensive. The median home in Carp Lake is valued at $122,500, which works out to $9,200 (7%) higher than St. Ignace. Its rents are a little less expensive. The median rent in Carp Lake is $525 per month, which is $80 (15%) lower than St. Ignace.
Cheboygan
Cheboygan is roughly 17 miles southeast from St. Ignace. Its housing prices are a lot less expensive. Cheboygan's median home cost is $80,600, which is $32,700 (40%) lower than St. Ignace. Its rents are a bit more expensive. In Cheboygan the median rent is $719 per month, which works out to $114 (15%) higher than St. Ignace.
Pellston
Pellston is approximately 19 miles south from St. Ignace. Housing prices there are a little less expensive. The median home in Pellston is valued at $86,000, which works out to $27,300 (31%) lower than St. Ignace. Rents there are a bit more expensive. Pellston's median rent is $850 per month, which works out to $245 (28%) higher than St. Ignace.