Home Price Key
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Expensive
These days, finding an affordable place to live in the Grand Ledge area can be challenging. Home prices in Grand Ledge are now at a median cost of $198,766, higher than the Michigan average of $196,062.
The average cost of rent is $1,038/mo in Grand Ledge, primarily driven by the current value of real estate in the Grand Ledge area. While nearly 35.19% of residents own their homes outright in Grand Ledge, 20.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grand Ledge is $6,769 per month. Households that rent pay about 15.34% of their income on rent here. Grand Ledge's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Wacousta, MI: equally priced homes
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- Potterville, MI: less expensive homes
- Dimondale, MI: equally priced homes
- Mulliken, MI: less expensive homes
- Lansing, MI: less expensive homes
- West Windsor, MI: equally priced homes
- South Riley, MI: equally priced homes
Cities with Similar Populations
- Bradley, IL: less expensive homes
- Burke Centre, VA: higher priced homes
- Brownsville, FL: equally priced homes
- Broussard, LA: higher priced homes
- Brookshire, TX: higher priced homes
- Brooklyn Park, MD: equally priced homes
- Brockport, NY: less expensive homes
- Brock Hall, MD: higher priced homes
- Bridgeville, PA: higher priced homes
- Bridgeview, IL: less expensive homes
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