Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grosse Pointe Park area can be challenging. Home prices in Grosse Pointe Park are now at a median cost of $412,309, higher than the Michigan average of $196,062.
The average cost of rent is $1,547/mo in Grosse Pointe Park, primarily driven by the current value of real estate in the Grosse Pointe Park area. While nearly 35.50% of residents own their homes outright in Grosse Pointe Park, 23.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grosse Pointe Park is $11,223 per month. Households that rent pay about 13.79% of their income on rent here. Grosse Pointe Park's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Grosse Pointe, MI: less expensive homes
- Grosse Pointe Farms, MI: equally priced homes
- Harper Woods, MI: less expensive homes
- Grosse Pointe Woods, MI: less expensive homes
- Village of Grosse Pointe Shores, MI: less expensive homes
- Eastpointe, MI: less expensive homes
- Hamtramck, MI: less expensive homes
- St. Clair Shores, MI: less expensive homes
- Center Line, MI: less expensive homes
- Roseville, MI: less expensive homes
Cities with Similar Populations
- Central, SC: less expensive homes
- Carthage, MS: less expensive homes
- Carver, MA: less expensive homes
- Cascades, VA: higher priced homes
- Castle Pines North, CO: higher priced homes
- Catoosa, OK: less expensive homes
- Cedar Hills, UT: higher priced homes
- Celebration, FL: higher priced homes
- Centerville, MA: equally priced homes
- Carroll, IA: less expensive homes
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