The Most Affordable Neighborhoods in South East End, Grand Rapids, MI by Home Value

 

South East End, Grand Rapids, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South East End area can be challenging. Home prices in South East End are now at a median cost of $162,393, lower than the Grand Rapids average of $221,016.

The average cost of rent is $875/mo in South East End, primarily driven by the current value of real estate in the South East End area. While nearly 25.14% of residents own their homes outright in South East End, 25.05% rent.

Housing affordability isn’t just about home prices, though. The average household income in South East End is $4,955 per month. Households that rent pay about 17.65% of their income on rent here. South East End's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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