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These days, finding an affordable place to live in the Grand Beach area can be challenging. Home prices in Grand Beach are now at a median cost of $752,900, higher than the Michigan average of $250,415.
The average cost of rent is $1,056/mo in Grand Beach, primarily driven by the current value of real estate in the Grand Beach area. In Grand Beach, 7.51% of households rent, and 49.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand Beach is $8,924 per month. Households that rent pay about 11.83% of their income on rent here. Grand Beach’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Michiana, MI: equally priced homes
- Michiana Shores, IN: less expensive homes
- New Buffalo, MI: less expensive homes
- Long Beach, IN: less expensive homes
- Pottawattamie Park, IN: less expensive homes
- Union Pier, MI: less expensive homes
- Trail Creek, IN: less expensive homes
- Tee Lake, IN: less expensive homes
- Michigan City, IN: less expensive homes
- Waterford, IN: less expensive homes
Cities with Similar Populations
- Fires Creek, NC: less expensive homes
- Vance, MO: less expensive homes
- Valley Ford, CA: higher priced homes
- Valeria, KY: less expensive homes
- Valeda, KS: less expensive homes
- Uva, WY: less expensive homes
- Forbes, MN: less expensive homes
- Flowell, UT: less expensive homes
- Flint, GA: less expensive homes
- Fish Haven, ID: less expensive homes
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