Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grosse Ile area can be challenging. Home prices in Grosse Ile are now at a median cost of $347,010, higher than the Michigan average of $196,062.
The average cost of rent is $1,252/mo in Grosse Ile, primarily driven by the current value of real estate in the Grosse Ile area. While nearly 47.23% of residents own their homes outright in Grosse Ile, 9.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grosse Ile is $8,887 per month. Households that rent pay about 14.09% of their income on rent here. Grosse Ile's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Tuckahoe, NY: higher priced homes
- Trenton, FL: less expensive homes
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