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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 $260,396, higher than the Michigan average of $250,415.
The average cost of rent is $1,384/mo in Grand Ledge, primarily driven by the current value of real estate in the Grand Ledge area. In Grand Ledge, 19.45% of households rent, and 35.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand Ledge is $7,713 per month. Households that rent pay about 17.94% of their income on rent here. Grand Ledge’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wacousta, MI: equally priced homes
- Waverly, MI: less expensive homes
- Eagle, MI: equally priced homes
- Needmore, MI: equally priced homes
- 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: higher priced homes
Cities with Similar Populations
- Bradley, IL: less expensive homes
- Burke Centre, VA: higher priced homes
- Brownsville, FL: higher 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: equally priced homes
- Bridgeview, IL: less expensive homes
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