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Affordable
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These days, finding an affordable place to live in the Grand River area can be challenging. Home prices in Grand River are now at a median cost of $130,921, lower than the Iowa average of $226,062.
The average cost of rent is $1,009/mo in Grand River, primarily driven by the current value of real estate in the Grand River area. In Grand River, 15.57% of households rent, and 43.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand River is $4,757 per month. Households that rent pay about 21.22% of their income on rent here. Grand River’s most expensive areas are in the northeastern 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
- Beaconsfield, IA: higher priced homes
- Ellston, IA: higher priced homes
- Van Wert, IA: higher priced homes
- Decatur, IA: less expensive homes
- Decatur City, IA: less expensive homes
- Kellerton, IA: higher priced homes
- Murray, IA: higher priced homes
- Weldon, IA: higher priced homes
- Thayer, IA: higher priced homes
- Tingley, IA: higher priced homes
Cities with Similar Populations
- Yosemite National Park, CA: higher priced homes
- Badoura, MN: higher priced homes
- Ashland, SC: higher priced homes
- Argyle, FL: higher priced homes
- Annapolis, IL: equally priced homes
- Amalga, UT: higher priced homes
- Alvo, NE: higher priced homes
- Almena, KS: higher priced homes
- Almelund, MN: higher priced homes
- Allenport, PA: less expensive homes
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