Housing in Mackinac Island, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$486,978
Mackinac Island vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Mackinac Island is highlighted.
Median Home Value
96th%ilemost expensive$834,600show rank
Median Rent
68th%ilemost expensive rent$1,164show rank
Rent Burden
18th%ilehighest rent burden14.0%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$834,600
Median Rent
$1,164
Total Housing Units
833
Vacancy Rate
75.5%
Owner Occupied
48.5%
Renter Occupied
51.5%
Median Property Tax
$7,589
per year
Monthly Cost (w/ Mortgage)
$1,884
Housing Types
Single Family46.6%
Multi-Family51.3%
Mobile Home2.2%
The median home value in Mackinac Island, MI is $834,600. According to Zillow, the home value index for Mackinac Island is $486,978. The median rent is $1,164 per month (Census ACS). About 48.5% of housing units are owner-occupied. The median year homes were built is 1961. There are 833 total housing units.