2026 Affordability Data
Most Affordable Neighborhoods in Grand Rapids - 2026 Data
The median home value in Grand Rapids is $200,000, 29% below nat'l avg. Median rent is $1,354/month. With an affordability index of 39, Grand Rapids is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Grand Rapids, MI area.
Key Takeaways: Affordability in Grand Rapids
- 1The most affordable neighborhood in Grand Rapids is Dearborn Heights, with a median home value of $161,200.
- 2Grand Rapids's median home value is $200,000, 29% below nat'l avg (national: $281,900).
- 3Grand Rapids's affordability index is 39 (baseline 100), making it less affordable than the national average.
- 4Median rent in Grand Rapids is $1,354/month, 16% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Grand Rapids to find the most affordable areas based on home values, rent, and affordability index.
Grand Rapids Affordability Overview
Median Home Value
$200,000
29% below nat'l avg
Median Rent
$1,354/mo
16% above nat'l avg
Median Income
$47,940
36% below nat'l avg
Affordability Index
39
61% below nat'l avg
Most Affordable Neighborhoods in Grand Rapids (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Dearborn HeightsMI | $161,200 |
| 2 | TaylorMI | $132,300 |
| 3 | BirminghamMI | $679,700 |
| 4 | Sault Ste. MarieMI | $114,700 |
| 5 | KalamazooMI | $152,700 |
| 6 | MelvindaleMI | $95,900 |
| 7 | Hazel ParkMI | $129,300 |
| 8 | LansingMI | $112,200 |
| 9 | Harper WoodsMI | $134,900 |
| 10 | LivoniaMI | $249,000 |
| 11 | WyomingMI | $180,300 |
| 12 | Garden CityMI | $152,800 |
| 13 | WarrenMI | $169,300 |
| 14 | Sterling HeightsMI | $243,400 |
| 15 | EscanabaMI | $104,200 |
Detailed Neighborhood Profiles
Home Value: $161,200
Rent: $870/mo
Affordability: 188
Population: 62,474
Walk Score: 0/100
Home Value: $132,300
Rent: $870/mo
Affordability: 188
Population: 62,937
Walk Score: 0/100
Home Value: $679,700
Rent: $870/mo
Affordability: 188
Population: 21,738
Walk Score: 0/100
4
Home Value: $114,700
Rent: $870/mo
Affordability: 188
Population: 13,409
Walk Score: 0/100
5
Home Value: $152,700
Rent: $870/mo
Affordability: 188
Population: 73,342
Walk Score: 0/100
6
Home Value: $95,900
Rent: $870/mo
Affordability: 188
Population: 12,639
Walk Score: 0/100
7
Home Value: $129,300
Rent: $870/mo
Affordability: 188
Population: 15,065
Walk Score: 0/100
8
Home Value: $112,200
Rent: $870/mo
Affordability: 188
Population: 112,986
Walk Score: 0/100
9
Home Value: $134,900
Rent: $870/mo
Affordability: 188
Population: 15,296
Walk Score: 0/100
10
Home Value: $249,000
Rent: $870/mo
Affordability: 188
Population: 94,928
Walk Score: 0/100
11
Home Value: $180,300
Rent: $870/mo
Affordability: 188
Population: 76,732
Walk Score: 0/100
12
Home Value: $152,800
Rent: $870/mo
Affordability: 188
Population: 27,203
Walk Score: 0/100
13
Home Value: $169,300
Rent: $870/mo
Affordability: 188
Population: 138,588
Walk Score: 0/100
14
Home Value: $243,400
Rent: $870/mo
Affordability: 188
Population: 133,744
Walk Score: 0/100
15
Home Value: $104,200
Rent: $870/mo
Affordability: 188
Population: 12,403
Walk Score: 0/100
Frequently Asked Questions About Affordability in Grand Rapids
What is the most affordable neighborhood in Grand Rapids, MI?▾
Based on 2026 data, Dearborn Heights is the most affordable neighborhood in Grand Rapids with a median home value of $161,200. Kurby analyzed 15 neighborhoods in the Grand Rapids area to compile these rankings.
What is the median home price in Grand Rapids, MI?▾
The median home price in Grand Rapids is $200,000, which is 29% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Grand Rapids affordable compared to the national average?▾
Grand Rapids has an affordability index of 39, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Grand Rapids, MI?▾
The median monthly rent in Grand Rapids is $1,354. This is 16% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Grand Rapids?▾
The median household income in Grand Rapids is $47,940 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Grand Rapids are below the national average home price?▾
14 out of 15 ranked neighborhoods in Grand Rapids have a median home value below the national average of $281,900. The most affordable is Dearborn Heights at $161,200 (Source: Kurby, 2026).