Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Village of Grosse Pointe Shores area can be challenging. Home prices in Village of Grosse Pointe Shores are now at a median cost of $311,439, higher than the Michigan average of $196,062.
The average cost of rent is $1,144/mo in Village of Grosse Pointe Shores, primarily driven by the current value of real estate in the Village of Grosse Pointe Shores area. While nearly 54.24% of residents own their homes outright in Village of Grosse Pointe Shores, 34.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Village of Grosse Pointe Shores is $7,252 per month. Households that rent pay about 15.77% of their income on rent here. Village of Grosse Pointe Shores's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Grosse Pointe Woods, MI: equally priced homes
- Harper Woods, MI: less expensive homes
- Grosse Pointe Farms, MI: higher priced homes
- Grosse Pointe, MI: less expensive homes
- St. Clair Shores, MI: less expensive homes
- Eastpointe, MI: less expensive homes
- Grosse Pointe Park, MI: higher priced homes
- Roseville, MI: less expensive homes
- Fraser, MI: less expensive homes
- Center Line, MI: less expensive homes
Cities with Similar Populations
- Arcade, NY: less expensive homes
- Oakland City, IN: less expensive homes
- Naples, ME: less expensive homes
- Sale Creek, TN: less expensive homes
- Mayville, MI: less expensive homes
- St. George, KS: less expensive homes
- Laurel Lake, NJ: less expensive homes
- Trempealeau, WI: less expensive homes
- Lake Katrine, NY: less expensive homes
- Laguna Vista, TX: less expensive homes
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