Home prices
Grand Rapids's median home value is $122,200. This is approximately $6,780 (5%) higher in comparison to nearby areas.In comparison to the nation as a whole it is about $95,300 (43%) lower, and compared to the city of Detroit is about $73,000 (148%) higher.
Rents
The median monthly rent in Grand Rapids is $718. This is roughly $91 (11%) lower in comparison to its nearby areas.In comparison to the nation as a whole it is roughly $344 (32%) lower, and in comparison to the city of Detroit is roughly $106 (12%) lower.
Nearby places
McClure
McClure is about 4 miles southwest of Grand Rapids. The housing prices there are a lot less expensive. The median home value in McClure is $73,900, which works out to $48,300 (65%) lower than Grand Rapids. The rent there is somewhat less expensive. McClure's median rent is $637 per month, which is $81 (12%) lower than Grand Rapids.
Weston
Weston is roughly 5 miles southeast of Grand Rapids. Housing prices there are a lot less expensive. The median home price in Weston is $89,700, which comes out to $32,500 (36%) lower than Grand Rapids. The rent there is a little more expensive. The median rent in Weston is $786 per month, which is $68 (8%) higher than Grand Rapids.
Tontogany
Tontogany is approximately 5 miles east from Grand Rapids. Real estate prices there are pretty similar. The value of the median home in Tontogany is $126,000, which is $3,800 (3%) higher than Grand Rapids. Its rents are a bit more expensive. Tontogany's median monthly rent is $943, which is $225 (23%) higher than Grand Rapids.
Liberty Center
Liberty Center is approximately 6 miles west from Grand Rapids. Its housing prices are a little less expensive. Liberty Center's median home cost is $107,200, which works out to $15,000 (13%) lower than Grand Rapids. The rent there is a bit more expensive. Liberty Center's median monthly rent is $760, which comes out to $42 (5%) higher than Grand Rapids.
Haskins
Haskins is roughly 8 miles northeast of Grand Rapids. Housing prices there are substantially more expensive. The median home in Haskins is valued at $180,300, which works out to $58,100 (32%) higher than Grand Rapids. The rent there is a bit more expensive. In Haskins the median rent is $919 a month, which is $201 (21%) higher than Grand Rapids.
