The Most Affordable Neighborhoods in Grass Lake, MI by Home Value

 

Grass Lake, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Grass Lake area can be challenging. Home prices in Grass Lake are now at a median cost of $306,612, higher than the Michigan average of $250,415.

The average cost of rent is $1,164/mo in Grass Lake, primarily driven by the current value of real estate in the Grass Lake area. In Grass Lake, 8.76% of households rent, and 42.24% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Grass Lake is $8,388 per month. Households that rent pay about 13.87% of their income on rent here. Grass Lake’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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