Much like its surrounding areas, it is significantly less expensive compared to the entire nation. Compared to the city of Grand Rapids, it's a lot less expensive.
Home prices
The median home in Morley costs $79,500. It is roughly $1,120 (1%) higher compared to its nearby areas.It is about $138,000 (63%) lower compared to the nation as a whole, and is about $63,900 (44%) lower compared to the city of Grand Rapids.
Rents
In Morley the median monthly rent is $682. This is approximately $56 (8%) higher compared to the surrounding areas.In comparison to the rest of the nation it is roughly $380 (35%) lower, and compared to the city of Grand Rapids is about $243 (26%) lower.
Nearby places
Howard City
Howard City is about 6 miles south of Morley. Its real estate prices are fairly similar. The median home cost in Howard City is $81,000, which works out to $1,500 (1%) higher than Morley. Rents there are pretty similar. The median monthly rent in Howard City is $669, which is $13 (1%) lower than Morley.
Lakeview
Lakeview is approximately 7 miles southeast from Morley. Housing prices there are a little more expensive. The value of the median home in Lakeview is $85,200, which is $5,700 (6%) higher than Morley. Rent there is a lot less expensive. In Lakeview the median rent is $471 per month, which works out to $211 (44%) lower than Morley.
Pierson
Pierson is approximately 11 miles south of Morley. Housing prices there are a little less expensive. The median home cost in Pierson is $65,800, which comes out to $13,700 (20%) lower than Morley. Its rents are a little more expensive. In Pierson the median rent is $760 a month, which is $78 (10%) higher than Morley.
Mecosta
Mecosta is roughly 12 miles northeast of Morley. Housing prices there are somewhat less expensive. The value of the median home in Mecosta is $63,100, which works out to $16,400 (25%) lower than Morley. Rents there are a bit more expensive. In Mecosta the median monthly rent is $767, which works out to $85 (11%) higher than Morley.
Sand Lake
Sand Lake is roughly 13 miles south from Morley. The real estate prices there are a bit more expensive. Sand Lake's median home cost is $96,800, which works out to $17,300 (17%) higher than Morley. Rent there is substantially less expensive. Sand Lake's median rent is $463 per month, which is $219 (47%) lower than Morley.