Home prices
The median home price in Grand Tower is $36,700. In comparison to its surrounding areas this is approximately $49,880 (57%) lower.In comparison to the country as a whole it is approximately $180,800 (83%) lower, and compared to the city of St. Louis it is roughly $102,000 (73%) lower.
Rents
The median rent in Grand Tower is $618 per month. It is roughly $128 (17%) lower in comparison to the surrounding areas.In comparison to the country as a whole it is about $444 (41%) lower, and is about $210 (25%) lower in comparison to the city of St. Louis.
Nearby places
Altenburg
Altenburg is roughly 4 miles west from Grand Tower. The housing prices there are substantially more expensive. The price of the median home in Altenburg is $100,000, which comes out to $63,300 (63%) higher than Grand Tower. The rent there is pretty similar. In Altenburg the median monthly rent is $638, which comes out to $20 (3%) higher than Grand Tower.
Frohna
Frohna is about 5 miles west from Grand Tower. Housing prices there are a lot more expensive. The price of the median home in Frohna is $139,400, which is $102,700 (73%) higher than Grand Tower. The rent there is somewhat more expensive. Frohna's median monthly rent is $738, which comes out to $120 (16%) higher than Grand Tower.
Gorham
Gorham is approximately 5 miles north from Grand Tower. Real estate prices there are a little less expensive. Gorham's median home price is $28,000, which comes out to $8,700 (31%) lower than Grand Tower. Its rents are a bit less expensive. In Gorham the median monthly rent is $470, which works out to $148 (31%) lower than Grand Tower.
Old Appleton
Old Appleton is roughly 10 miles west of Grand Tower. The real estate prices there are significantly more expensive. The median home in Old Appleton is valued at $95,000, which comes out to $58,300 (61%) higher than Grand Tower. Its rents are a lot more expensive. In Old Appleton the median monthly rent is $1,292, which comes out to $674 (52%) higher than Grand Tower.
Murphysboro
Murphysboro is about 12 miles northeast from Grand Tower. Its real estate prices are substantially more expensive. The median home in Murphysboro costs $70,500, which works out to $33,800 (47%) higher than Grand Tower. Rents there are similar. In Murphysboro the median rent is $594 per month, which is $24 (4%) lower than Grand Tower.