Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grandale area can be challenging. Home prices in Grandale are now at a median cost of $45,198, lower than the Detroit average of $215,900.
The average cost of rent is $839/mo in Grandale, primarily driven by the current value of real estate in the Grandale area. While nearly 76.07% of residents own their homes outright in Grandale, 53.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grandale is $3,030 per month. Households that rent pay about 27.68% of their income on rent here. Grandale's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Fishkorn, Detroit, MI: less expensive homes
- Garden View, Detroit, MI: equally priced homes
- Franklin Park, Detroit, MI: higher priced homes
- Schoolcraft Southfield, Detroit, MI: higher priced homes
- Weatherby, Detroit, MI: equally priced homes
- Warrendale, Detroit, MI: less expensive homes
- Grandmont-Rosedale, Detroit, MI: higher priced homes
- Aviation, Detroit, MI: higher priced homes
- MacKenzie, Detroit, MI: equally priced homes
- Barton-McFarland, Detroit, MI: equally priced homes
Neighborhoods with Similar Populations
- Sunshine Gardens, South San Francisco, CA: higher priced homes
- Elyria Swansea, Denver, CO: higher priced homes
- Fairmeadow, Palo Alto, CA: higher priced homes
- Fairmont Park, Des Moines, IA: higher priced homes
- Firthtown, Phillipsburg, NJ: higher priced homes
- Five Points, Great Lakes, IL: higher priced homes
- Hagginwood, Sacramento, CA: higher priced homes
- Heller Park, Tulsa, OK: higher priced homes
- Hickory Grove, Charlotte, NC: higher priced homes
- Penrose, St. Louis, MO: higher priced homes
All Local Stats
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