Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alger Heights area can be challenging. Home prices in Alger Heights are now at a median cost of $165,308, lower than the Grand Rapids average of $221,016.
The average cost of rent is $970/mo in Alger Heights, primarily driven by the current value of real estate in the Alger Heights area. While nearly 28.72% of residents own their homes outright in Alger Heights, 19.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alger Heights is $5,999 per month. Households that rent pay about 16.16% of their income on rent here. Alger Heights's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- South East End, Grand Rapids, MI: equally priced homes
- Garfield Park, Grand Rapids, MI: less expensive homes
- Fuller Avenue, Grand Rapids, MI: equally priced homes
- Madison Area, Grand Rapids, MI: less expensive homes
- South East Community, Grand Rapids, MI: less expensive homes
- Millbrook, Grand Rapids, MI: equally priced homes
- Eastown, Grand Rapids, MI: higher priced homes
- Roosevelt Park, Grand Rapids, MI: less expensive homes
- East Hills, Grand Rapids, MI: higher priced homes
- Heritage Hill, Grand Rapids, MI: higher priced homes
Neighborhoods with Similar Populations
- River Dance at Steiner Ranch, Austin, TX: higher priced homes
- Urbanizacion Turabo Gdns, Caguas, PR: less expensive homes
- Cottage Park, Mobile, AL: higher priced homes
- Questa, Mountain House, CA: higher priced homes
- Prospect-Shields, Fort Collins, CO: higher priced homes
- Parcelas Nueva Vida, Ponce, PR: less expensive homes
- North End, Nashua, NH: higher priced homes
- Central, Helena, MT: higher priced homes
- Mt Ivy, Pomona, NY: higher priced homes
- Chabot Park, Oakland, CA: higher priced homes
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