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These days, finding an affordable place to live in the Grinnell area can be challenging. Home prices in Grinnell are now at a median cost of $173,100, lower than the Illinois average of $300,242.
The average cost of rent is $736/mo in Grinnell, primarily driven by the current value of real estate in the Grinnell area. In Grinnell, 0.00% of households rent, and 62.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grinnell is $7,493 per month. Households that rent pay about 9.82% of their income on rent here. Grinnell’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
- Belknap, IL: less expensive homes
- Mermet, IL: less expensive homes
- New Columbia, IL: equally priced homes
- Crossroads, IL: less expensive homes
- Hillerman, IL: less expensive homes
- Karnak, IL: less expensive homes
- Ganntown, IL: less expensive homes
- Grantsburg, IL: less expensive homes
- Joppa, IL: less expensive homes
- Round Knob, IL: equally priced homes
Cities with Similar Populations
- Laneheart, MS: less expensive homes
- Spanish Fort, MS: less expensive homes
- Spalding Tract, CA: higher priced homes
- South Wareham, MA: higher priced homes
- South Bay, NY: less expensive homes
- Somerset, LA: less expensive homes
- Sofia, NM: equally priced homes
- Sodom, WV: less expensive homes
- Lingo, NM: less expensive homes
- Laurel Ridge, LA: less expensive homes
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