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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 $196,200, lower than the Ohio average of $236,816.
The average cost of rent is $952/mo in Grand River, primarily driven by the current value of real estate in the Grand River area. In Grand River, 21.68% of households rent, and 24.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand River is $6,146 per month. Households that rent pay about 15.49% of their income on rent here. Grand River’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
- Fairport Harbor, OH: less expensive homes
- Painesville, OH: higher priced homes
- Mentor, OH: higher priced homes
- Mentor-on-the-Lake, OH: equally priced homes
- Painesville on the Lake, OH: less expensive homes
- Perry, OH: higher priced homes
- Kirtland Hills, OH: higher priced homes
- Willoughby, OH: higher priced homes
- Eastlake, OH: less expensive homes
- North Perry, OH: higher priced homes
Cities with Similar Populations
- Antiville, IN: less expensive homes
- Azalea, OR: higher priced homes
- Terryville, TX: equally priced homes
- Atwood, OK: less expensive homes
- Thida, AR: less expensive homes
- Astico, WI: higher priced homes
- Sylvester, WV: less expensive homes
- Argyle, MI: less expensive homes
- Argonne, WI: equally priced homes
- Tindall, MO: equally priced homes
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