Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grosse Pointe area can be challenging. Home prices in Grosse Pointe are now at a median cost of $282,001, higher than the Michigan average of $196,062.
The average cost of rent is $1,684/mo in Grosse Pointe, primarily driven by the current value of real estate in the Grosse Pointe area. While nearly 44.38% of residents own their homes outright in Grosse Pointe, 20.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grosse Pointe is $8,368 per month. Households that rent pay about 20.12% of their income on rent here. Grosse Pointe's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Grosse Pointe Farms, MI: higher priced homes
- Grosse Pointe Park, MI: higher priced homes
- Harper Woods, MI: less expensive homes
- Grosse Pointe Woods, MI: equally priced homes
- Village of Grosse Pointe Shores, MI: higher priced homes
- Eastpointe, MI: less expensive homes
- St. Clair Shores, MI: less expensive homes
- Roseville, MI: less expensive homes
- Hamtramck, MI: less expensive homes
- Center Line, MI: less expensive homes
Cities with Similar Populations
- St. Augustine Shores, FL: equally priced homes
- Castroville, CA: higher priced homes
- Catlettsburg, KY: less expensive homes
- Catskill, NY: less expensive homes
- Central Valley, NY: higher priced homes
- Centreville, MD: higher priced homes
- Chandler, TX: less expensive homes
- Charles City, IA: less expensive homes
- Springville, AL: less expensive homes
- Spruce Pine, NC: less expensive homes
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