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These days, finding an affordable place to live in the Kentwood area can be challenging. Home prices in Kentwood are now at a median cost of $254,302, higher than the Michigan average of $250,415.
The average cost of rent is $1,397/mo in Kentwood, primarily driven by the current value of real estate in the Kentwood area. In Kentwood, 38.99% of households rent, and 39.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kentwood is $6,606 per month. Households that rent pay about 21.15% of their income on rent here. Kentwood’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cutlerville, MI: less expensive homes
- Dutton, MI: higher priced homes
- East Grand Rapids, MI: higher priced homes
- Wyoming, MI: less expensive homes
- Caledonia, MI: higher priced homes
- Grand Rapids, MI: higher priced homes
- Byron Center, MI: higher priced homes
- Forest Hills, MI: higher priced homes
- McCords, MI: higher priced homes
- Grandville, MI: higher priced homes
Cities with Similar Populations
- Glen Allen, VA: higher priced homes
- Diamond Bar, CA: higher priced homes
- Edmonds, WA: higher priced homes
- Fairfield, CT: higher priced homes
- Fond Du Lac, WI: less expensive homes
- Four Corners, FL: higher priced homes
- Friendswood, TX: higher priced homes
- Fuquay-Varina, NC: higher priced homes
- Gallatin, TN: higher priced homes
- Holladay, UT: higher priced homes
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