Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the East Grand Rapids area can be challenging. Home prices in East Grand Rapids are now at a median cost of $403,419, higher than the Michigan average of $196,062.
The average cost of rent is $1,804/mo in East Grand Rapids, primarily driven by the current value of real estate in the East Grand Rapids area. While nearly 28.15% of residents own their homes outright in East Grand Rapids, 7.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Grand Rapids is $12,041 per month. Households that rent pay about 14.98% of their income on rent here. East Grand Rapids's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Grand Rapids, MI: less expensive homes
- Kentwood, MI: less expensive homes
- Wyoming, MI: less expensive homes
- Forest Hills, MI: equally priced homes
- Northview, MI: less expensive homes
- Ada, MI: less expensive homes
- Cutlerville, MI: less expensive homes
- Walker, MI: less expensive homes
- Comstock Park, MI: less expensive homes
- Grandville, MI: less expensive homes
Cities with Similar Populations
- Klahanie, WA: higher priced homes
- Russellville, KY: less expensive homes
- Roy, WA: equally priced homes
- Rossville, MD: less expensive homes
- Rodeo, CA: higher priced homes
- Rockwood, MI: less expensive homes
- Lanett, AL: less expensive homes
- Lakeland South, WA: equally priced homes
- Lake Stickney, WA: equally priced homes
- Lake Grove, NY: higher priced homes
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