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Grand Rapids, Michigan Home Values and Rental Rates

Grand Rapids, Michigan Home Values and Rental Rates


2012 Homeowner Statistics and Home Values Grand Rapids, MI Michigan United States
Owner Occupied Units 39,731 2,762,765 76,294,472
Owner Households, With Mortgage Any 72.96% 67.67% 69.5%
Owner Households, With No Mortgage 27.04% 32.33% 30.5%
Housing, Median Value Owner Households $127,024 $142,514 $191,717
Home Valued at Less than $10,000 0.36% 1.77% 1.33%
Home Valued at $10,000-$14,999 0.25% 1.17% 0.93%
Home Valued at $15,000-$19,999 0.62% 1.01% 0.84%
Home Valued at $20,000-$24,999 0.54% 1.03% 0.85%
Home Valued at $25,000-$29,999 0.32% 0.86% 0.79%
Home Valued at $30,000-$34,999 0.77% 1.25% 0.92%
Home Valued at $35,000-$39,999 0.81% 0.88% 0.72%
Home Valued at $40,000-$49,999 1.73% 2.3% 1.76%
Home Valued at $50,000-$59,999 2.09% 2.98% 2.13%
Home Valued at $60,000-$69,999 3.45% 3.56% 2.46%
Home Valued at $70,000-$79,999 5.4% 4.07% 2.9%
Home Valued at $80,000-$89,999 7.76% 5.19% 3.46%
Home Valued at $90,000-$99,999 7.45% 4.6% 3.2%
Home Valued at $100,000-$124,999 22.55% 12.31% 7.92%
Home Valued at $125,000-$149,999 18.1% 10% 7.08%
Home Valued at $150,000-$174,999 11.26% 11.83% 8.65%
Home Valued at $175,000-$199,999 5.26% 7.14% 6.07%
Home Valued at $200,000-$249,999 5.41% 10.02% 10.69%
Home Valued at $250,000-$299,999 3.05% 5.99% 8.07%
Home Valued at $300,000-$399,999 1.63% 6.27% 10.91%
Home Valued at $400,000-$499,999 0.54% 2.39% 6.1%
Home Valued at $500,000-$749,999 0.34% 2% 7.2%
Home Valued at $750,000-$999,999 0.08% 0.64% 2.6%
Home Valued at More than $1,000,000 0.24% 0.72% 2.43%
2012 Housing Rental Rates Grand Rapids, MI Michigan United States
Rental Occupied Units 32,953 1,099,738 41,730,955
Median Rent $624 $622 $730
Housing Rent less than $250 9.4% 7.34% 6.36%
Housing Rent $250-$499 15.17% 20.09% 16.47%
Housing Rent $500-$749 47.65% 40.1% 26.42%
Housing Rent $750-$999 16.73% 17.02% 19.5%
Housing Rent $1,000-$1,249 4% 4.62% 10.88%
Housing Rent $1,250-$1,499 2.33% 1.77% 5.89%
Housing Rent $1,500-$1,999 1.28% 1.76% 5.6%
Housing Rent $2,000+ 0.35% 1.32% 3.23%
No Cash Rent 3.09% 5.96% 5.66%

Information is deemed reliable but not guaranteed. Demographic Information FAQ



Grand Rapids, Michigan Demographics Summary