Much like other places in this area, it's a lot less expensive compared to the country as a whole. However it is somewhat less expensive compared to the city of Grand Rapids.
Home prices
The median home in Ionia is valued at $97,600. This is about $1,980 (2%) higher in comparison to the surrounding areas.It is about $119,900 (55%) lower in comparison to the rest of the country, and is approximately $45,800 (31%) lower in comparison to the city of Grand Rapids.
Rents
The median monthly rent in Ionia is $813. Compared to nearby areas it is roughly $181 (28%) higher.Compared to the rest of the nation it is about $249 (23%) lower, and compared to the city of Grand Rapids is roughly $112 (12%) lower.
Nearby places
Lyons
Lyons is roughly 5 miles east of Ionia. The real estate prices there are significantly less expensive. The median home in Lyons costs $68,900, which works out to $28,700 (41%) lower than Ionia. Rent there is somewhat less expensive. In Lyons the median monthly rent is $753, which works out to $60 (7%) lower than Ionia.
Muir
Muir is about 6 miles east of Ionia. Real estate prices there are substantially less expensive. The median home price in Muir is $60,600, which is $37,000 (61%) lower than Ionia. The rent there is a lot less expensive. The median rent in Muir is $420 per month, which is $393 (93%) lower than Ionia.
Saranac
Saranac is roughly 6 miles southwest of Ionia. Real estate prices there are somewhat more expensive. Saranac's median home price is $109,200, which works out to $11,600 (10%) higher than Ionia. Rent there is substantially less expensive. Saranac's median monthly rent is $460, which works out to $353 (76%) lower than Ionia.
Pewamo
Pewamo is about 9 miles east from Ionia. Housing prices there are somewhat more expensive. The median home in Pewamo is valued at $114,700, which works out to $17,100 (14%) higher than Ionia. Its rents are a lot less expensive. The median monthly rent in Pewamo is $604, which works out to $209 (34%) lower than Ionia.
Portland
Portland is roughly 10 miles southeast from Ionia. Real estate prices there are a little more expensive. Portland's median home cost is $124,700, which is $27,100 (21%) higher than Ionia. Rents there are a little more expensive. The median monthly rent in Portland is $925, which comes out to $112 (12%) higher than Ionia.