Much like its surrounding areas, it's significantly less expensive compared to the entire country. Compared to the city of Grand Rapids however, it's a bit less expensive.
Home prices
The median home value in Watervliet is $99,400. Compared to its surrounding areas it is is very similar.It is roughly $118,100 (54%) lower in comparison to the rest of the country, and it is approximately $44,000 (30%) lower compared to the city of Grand Rapids.
Rents
In Watervliet the median rent is $702 per month. In comparison to its nearby areas it is about $10 (1%) higher.Compared to the entire country it is roughly $360 (33%) lower, and in comparison to the city of Grand Rapids is approximately $223 (24%) lower.
Nearby places
Paw Paw Lake
Paw Paw Lake is Watervliet's neighbor to the northwest. Its real estate prices are a little more expensive. Paw Paw Lake's median home cost is $126,200, which works out to $26,800 (21%) higher than Watervliet. Rents there are similar. Paw Paw Lake's median rent is $736 per month, which works out to $34 (4%) higher than Watervliet.
Coloma
Coloma is approximately 2 miles west of Watervliet. Its housing prices are somewhat more expensive. The median home in Coloma costs $106,100, which comes out to $6,700 (6%) higher than Watervliet. Rents there are a little more expensive. Coloma's median monthly rent is $781, which is $79 (10%) higher than Watervliet.
Hartford
Hartford is about 4 miles east from Watervliet. The real estate prices there are a lot less expensive. The median home in Hartford costs $69,600, which comes out to $29,800 (42%) lower than Watervliet. Rents there are fairly similar. The median monthly rent in Hartford is $671, which is $31 (4%) lower than Watervliet.
Lake Michigan Beach
Lake Michigan Beach is roughly 5 miles west from Watervliet. Its housing prices are a bit more expensive. Lake Michigan Beach's median home cost is $139,400, which works out to $40,000 (28%) higher than Watervliet. Rent there is somewhat less expensive. In Lake Michigan Beach the median rent is $614 a month, which works out to $88 (14%) lower than Watervliet.
Benton Heights
Benton Heights is about 8 miles southwest from Watervliet. The real estate prices there are a lot less expensive. The median home cost in Benton Heights is $53,800, which comes out to $45,600 (84%) lower than Watervliet. Its rents are somewhat less expensive. In Benton Heights the median rent is $659 per month, which works out to $43 (6%) lower than Watervliet.