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Affordable
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These days, finding an affordable place to live in the Spring Grove area can be challenging. Home prices in Spring Grove are now at a median cost of $216,856, lower than the Michigan average of $250,415.
The average cost of rent is $703/mo in Spring Grove, primarily driven by the current value of real estate in the Spring Grove area. In Spring Grove, 14.62% of households rent, and 51.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Grove is $6,281 per month. Households that rent pay about 11.20% of their income on rent here. Spring Grove’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fennville, MI: equally priced homes
- Ganges, MI: higher priced homes
- Pearl, MI: equally priced homes
- Glenn, MI: equally priced homes
- New Richmond, MI: higher priced homes
- Douglas, MI: higher priced homes
- Saugatuck, MI: higher priced homes
- East Saugatuck, MI: higher priced homes
- Pullman, MI: less expensive homes
- Leisure, MI: equally priced homes
Cities with Similar Populations
- Yellow Dirt, GA: equally priced homes
- Winslow, TX: equally priced homes
- Lower Peach Tree, AL: less expensive homes
- Wisemantown, KY: less expensive homes
- Abiquiu, NM: higher priced homes
- Wolf Summit, WV: less expensive homes
- Yankeetown, FL: higher priced homes
- Little City, CT: higher priced homes
- Yanush, OK: less expensive homes
- Windyville, MO: equally priced homes
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