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Grand Rapids, OH

Full City Profile · Ohio · Wood County County

3.4 /5.0
B Good
985 Population 1,119/sq mi density
$73,125 Median Income $33,223 per capita
$159,800 Home Value $242,125 Zillow
$903 Median Rent 23.3% income on rent
51°F Avg Temperature 275 sunny days/yr
68 Violent Crime/100K 500 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$73,125 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$159,800 home value, $903/mo rent
F
Safety
1.0 / 5.0
68 violent crimes/100K
B
Education
3.3 / 5.0
28.4% bachelor's degree or higher

Housing Overview

Median Home Value
$159,800
43% below
US avg: $281,900
Median Rent
$903/mo
22% below
US avg: $1,163/mo
Homeownership Rate
70.6%
8% above US avg (65.4%)
Total Housing Units
463
Median year built: 1946

Home Value by Source

Census Median
$159,800
Zillow (ZHVI)
$242,125
Median Sale Price
$337,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.6%
Owner-Occupied
29.4%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $903/mo

Market Indicators (Redfin)

Median Days on Market
298 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$145
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
23.3%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1946
Average age of housing stock: 80 years
Homeownership Rate
70.6%

Complete Housing Data

Home Values

Census Median Value$159,800
Zillow Home Value (ZHVI)$242,125
Median Sale Price$337,500
Price Per Sq Ft$145

Rent

Census Median Rent$903
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market298
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory3
Price Per Sq Ft$145

Ownership & Stock

Owner-Occupied70.6%
Renter-Occupied29.4%
Homeownership Rate70.6%
Total Housing Units463
Median Year Built1946
Rent Burden23.3%