| Grand Rapids, MI | |
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| State | Michigan |
| Population | 198,401 |
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Compared to the surrounding areas, Grand Rapids is a bit less expensive, and it is substantially less expensive compared to the entire country.
The median home cost in Grand Rapids is $143,400. Compared to nearby areas this is roughly $49,083 (25%) lower.It is about $74,100 (34%) lower compared to the nation as a whole.
The median rent in Grand Rapids is $925 a month. Compared to its nearby areas it is about $62 (6%) lower.It is approximately $137 (12%) lower in comparison to the entire nation.
East Grand Rapids is Grand Rapids's neighbor to the southeast. Housing prices there are substantially more expensive. The median home price in East Grand Rapids is $374,000, which is $230,600 (61%) higher than Grand Rapids. Rent there is a lot more expensive. In East Grand Rapids the median rent is $1,511 per month, which is $586 (38%) higher than Grand Rapids.
Walker is Grand Rapids's neighbor to the west. Real estate prices there are somewhat more expensive. The median home cost in Walker is $174,700, which comes out to $31,300 (17%) higher than Grand Rapids. Its rents are somewhat less expensive. In Walker the median rent is $850 per month, which is $75 (8%) lower than Grand Rapids.
Wyoming is Grand Rapids's neighbor to the southwest. The real estate prices there are a little less expensive. The median home in Wyoming is valued at $127,700, which is $15,700 (12%) lower than Grand Rapids. Rent there is somewhat less expensive. Wyoming's median rent is $871 a month, which is $54 (6%) lower than Grand Rapids.
Kentwood is Grand Rapids's neighbor to the southeast. Real estate prices there are a little more expensive. The median home in Kentwood is valued at $158,700, which is $15,300 (9%) higher than Grand Rapids. The rent there is pretty similar. Kentwood's median rent is $899 a month, which is $26 (2%) lower than Grand Rapids.
Northview is Grand Rapids's neighbor to the northeast. The housing prices there are somewhat more expensive. The median home in Northview is valued at $167,700, which is $24,300 (14%) higher than Grand Rapids. Its rents are fairly similar. The median rent in Northview is $969 a month, which is $44 (4%) higher than Grand Rapids.
Comstock Park is approximately 5 miles north of Grand Rapids. Its housing prices are somewhat more expensive. Comstock Park's median home price is $152,100, which comes out to $8,700 (5%) higher than Grand Rapids. Rents there are a bit less expensive. In Comstock Park the median monthly rent is $821, which comes out to $104 (12%) lower than Grand Rapids.