Home prices
The median home value in Grand Marais is $195,000. It is about $91,520 (88%) higher in comparison to its nearby areas.It is roughly $22,500 (10%) lower compared to the rest of the nation, and is approximately $87,300 (81%) higher compared to the city of Ashland.
Rents
In Grand Marais the median rent is $702 a month. This is roughly $67 (10%) higher in comparison to nearby areas.Compared to the rest of the country it is approximately $360 (33%) lower, and is roughly $33 (4%) higher in comparison to the city of Ashland.
Nearby places
Silver Bay
Silver Bay is approximately 46 miles southwest of Grand Marais. Real estate prices there are a lot less expensive. The median home in Silver Bay costs $95,300, which comes out to $99,700 (104%) lower than Grand Marais. Its rents are somewhat more expensive. The median monthly rent in Silver Bay is $777, which comes out to $75 (9%) higher than Grand Marais.
Bayfield
Bayfield is approximately 59 miles south from Grand Marais. The real estate prices there are somewhat less expensive. The median home in Bayfield is valued at $172,700, which is $22,300 (12%) lower than Grand Marais. Its rents are a little less expensive. Bayfield's median monthly rent is $668, which is $34 (5%) lower than Grand Marais.
Ontonagon
Ontonagon is approximately 67 miles southeast of Grand Marais. Real estate prices there are a lot less expensive. Ontonagon's median home value is $63,700, which is $131,300 (206%) lower than Grand Marais. Rent there is substantially less expensive. In Ontonagon the median rent is $496 per month, which comes out to $206 (41%) lower than Grand Marais.
White Pine
White Pine is roughly 68 miles southeast from Grand Marais. Its housing prices are substantially less expensive. The median home in White Pine costs $43,100, which works out to $151,900 (352%) lower than Grand Marais. Its rents are a bit less expensive. White Pine's median monthly rent is $575, which is $127 (22%) lower than Grand Marais.
Washburn
Washburn is approximately 68 miles south from Grand Marais. Real estate prices there are substantially less expensive. The value of the median home in Washburn is $142,600, which is $52,400 (36%) lower than Grand Marais. Rents there are a little less expensive. The median monthly rent in Washburn is $658, which is $44 (6%) lower than Grand Marais.
