Affordable
Expensive
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These days, finding an affordable place to live in the Downtown Grand Forks area can be challenging. Home prices in Downtown Grand Forks are now at a median cost of $197,332, lower than the Grand Forks average of $283,705.
The average cost of rent is $835/mo in Downtown Grand Forks, primarily driven by the current value of real estate in the Downtown Grand Forks area. In Downtown Grand Forks, 56.51% of households rent, and 42.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Grand Forks is $4,323 per month. Households that rent pay about 19.32% of their income on rent here. Downtown Grand Forks’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
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Neighborhoods with Similar Populations
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- Bluemound Heights, Milwaukee, WI: equally priced homes
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- Coquina Key, St. Petersburg, FL: higher priced homes
- Downtown Conneaut, Conneaut, OH: less expensive homes
- Fairview, Charlotte, NC: higher priced homes
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- Westland Terrace, Pine Hills, FL: higher priced homes
- Westbury, Lehi, UT: higher priced homes
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