Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Garfield Park area can be challenging. Home prices in Garfield Park are now at a median cost of $121,971, lower than the Grand Rapids average of $221,016.
The average cost of rent is $998/mo in Garfield Park, primarily driven by the current value of real estate in the Garfield Park area. While nearly 45.91% of residents own their homes outright in Garfield Park, 36.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Garfield Park is $4,667 per month. Households that rent pay about 21.39% of their income on rent here. Garfield Park's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Madison Area, Grand Rapids, MI: equally priced homes
- Alger Heights, Grand Rapids, MI: higher priced homes
- South East Community, Grand Rapids, MI: less expensive homes
- Roosevelt Park, Grand Rapids, MI: less expensive homes
- Fuller Avenue, Grand Rapids, MI: higher priced homes
- South East End, Grand Rapids, MI: higher priced homes
- Heritage Hill, Grand Rapids, MI: higher priced homes
- Heartside-Downtown, Grand Rapids, MI: higher priced homes
- East Hills, Grand Rapids, MI: higher priced homes
- Eastown, Grand Rapids, MI: higher priced homes
Neighborhoods with Similar Populations
- Koreatown, Palisades Park, NJ: higher priced homes
- Pacific Heights, San Francisco, CA: higher priced homes
- Original Town, Carrollton, TX: higher priced homes
- Northwest Yonkers, Yonkers, NY: higher priced homes
- North Creek, Bothell, WA: higher priced homes
- Montavilla, Portland, OR: higher priced homes
- Merrifield, Fairfax, VA: higher priced homes
- Manayunk, Philadelphia, PA: higher priced homes
- Macdonald Ranch, Henderson, NV: higher priced homes
- Lower Vailsburg, Newark, NJ: higher priced homes
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