Home

East Grand Rapids, MI Real Estate


According to census data in the year 2000 there were 3,935 housing units in East Grand Rapids. This represents a 0.9% growth from 3,900 in 1990.

Of those housing units, 3,935 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in East Grand Rapids is about 93.8%. East Grand Rapids's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.81 people.

The majority of houses, apartments or condos in East Grand Rapids were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom1.80%
Two Bedrooms11.20%
Three Bedrooms42.10%
Four Bedrooms35.90%
Five Bedrooms or more8.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1952
Median Value of occupied units$205,600
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1949
Median Monthly Rent asked for vacant units$1,625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage8.50%
Home Equity Loan15.40%
Simple Mortgage52.30%
Debt Free23%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%