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East Grand Rapids, MI

Full City Profile · Michigan · Ionia County County

4.0 /5.0
A Great
11,394 Population 3,889/sq mi density
$168,487 Median Income $73,756 per capita
$488,500 Home Value $648,391 Zillow
$1,845 Median Rent 25.3% income on rent
48°F Avg Temperature 260 sunny days/yr
33 Violent Crime/100K 822 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$168,487 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$488,500 home value, $1,845/mo rent
F
Safety
1.0 / 5.0
33 violent crimes/100K
A+
Education
5.0 / 5.0
82.6% bachelor's degree or higher

Housing Overview

Median Home Value
$488,500
73% above
US avg: $281,900
Median Rent
$1,845/mo
59% above
US avg: $1,163/mo
Homeownership Rate
94.3%
44% above US avg (65.4%)
Total Housing Units
3,893
Median year built: 1955

Home Value by Source

Census Median
$488,500
Zillow (ZHVI)
$648,391
Median Sale Price
$707,500
Median List Price
$889,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.3%
Owner-Occupied
5.7%
Renter-Occupied
94%
6%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $1,845/mo

Market Indicators (Redfin)

Median Days on Market
12 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$309
Active Inventory
28
homes for sale

Affordability & Housing Stock

Rent Burden
25.3%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
94.3%

Complete Housing Data

Home Values

Census Median Value$488,500
Zillow Home Value (ZHVI)$648,391
Median Sale Price$707,500
Median List Price$889,000
Price Per Sq Ft$309

Rent

Census Median Rent$1,845
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market12
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold6
Active Inventory28
Price Per Sq Ft$309

Ownership & Stock

Owner-Occupied94.3%
Renter-Occupied5.7%
Homeownership Rate94.3%
Total Housing Units3,893
Median Year Built1955
Rent Burden25.3%