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These days, finding an affordable place to live in the Grenada area can be challenging. Home prices in Grenada are now at a median cost of $409,271, lower than the California average of $812,006.
The average cost of rent is $988/mo in Grenada, primarily driven by the current value of real estate in the Grenada area. In Grenada, 18.47% of households rent, and 53.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grenada is $6,545 per month. Households that rent pay about 15.10% of their income on rent here. Grenada’s most expensive areas are in the northwestern 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.
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Cities with Similar Populations
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