Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grattan area can be challenging. Home prices in Grattan are now at a median cost of $235,322, higher than the Michigan average of $196,062.
The average cost of rent is $874/mo in Grattan, primarily driven by the current value of real estate in the Grattan area. While nearly 24.76% of residents own their homes outright in Grattan, 16.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grattan is $8,747 per month. Households that rent pay about 9.99% of their income on rent here. Grattan's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Parnell, MI: higher priced homes
- Cooks Corners, MI: less expensive homes
- Cannonsburg, MI: higher priced homes
- Belding, MI: less expensive homes
- Evans, MI: equally priced homes
- Greenville, MI: less expensive homes
- Rockford, MI: higher priced homes
- Ada, MI: higher priced homes
- Gowen, MI: less expensive homes
- Lowell, MI: higher priced homes
Cities with Similar Populations
- Ney, OH: less expensive homes
- Rayville, MO: equally priced homes
- Raymond, OH: higher priced homes
- Ramsey, IN: less expensive homes
- Prospect, TN: less expensive homes
- Plainfield, NH: higher priced homes
- Pineville, WV: less expensive homes
- Pease, MN: equally priced homes
- Parshallville, MI: higher priced homes
- Oakland, MS: less expensive homes
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