Home prices
Grand Rapids's median home value is $151,300. It is approximately $13,780 (10%) higher compared to its surrounding areas.In comparison to the US as a whole it is roughly $66,200 (30%) lower, and compared to the city of Bemidji is about $11,400 (8%) higher.
Rents
Grand Rapids's median monthly rent is $670. Compared to other places in this area this is approximately $67 (9%) lower.In comparison to the rest of the country it is roughly $392 (36%) lower, and it is approximately $117 (14%) lower in comparison to the city of Bemidji.
Nearby places
La Prairie
La Prairie is Grand Rapids's neighbor to the east. Housing prices there are fairly similar. The median home in La Prairie costs $146,000, which comes out to $5,300 (3%) lower than Grand Rapids. Its rents are a bit less expensive. The median rent in La Prairie is $636 a month, which comes out to $34 (5%) lower than Grand Rapids.
Coleraine
Coleraine is Grand Rapids's neighbor to the northeast. Its real estate prices are somewhat less expensive. The median home in Coleraine is valued at $138,600, which is $12,700 (9%) lower than Grand Rapids. Rent there is a little more expensive. In Coleraine the median monthly rent is $715, which is $45 (6%) higher than Grand Rapids.
Cohasset
Cohasset is Grand Rapids's neighbor to the west. Its real estate prices are somewhat more expensive. The median home value in Cohasset is $216,600, which works out to $65,300 (30%) higher than Grand Rapids. Rent there is somewhat more expensive. The median monthly rent in Cohasset is $823, which comes out to $153 (18%) higher than Grand Rapids.
Bovey
Bovey is approximately 6 miles northeast of Grand Rapids. The real estate prices there are significantly less expensive. Bovey's median home value is $87,800, which is $63,500 (72%) lower than Grand Rapids. Rents there are a little more expensive. Bovey's median monthly rent is $807, which is $137 (16%) higher than Grand Rapids.
Taconite
Taconite is approximately 8 miles northeast of Grand Rapids. The housing prices there are a lot less expensive. The median home in Taconite costs $98,600, which is $52,700 (53%) lower than Grand Rapids. Its rents are pretty similar. Taconite's median monthly rent is $702, which is $32 (4%) higher than Grand Rapids.
