Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.
And while every neighbhorhood in Grand Rapids might be more expensive than living in rural Michigan, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Grand Rapids neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Grand Rapids are the cheapest.
What’s the cheapest neighborhood to live in Grand Rapids for 2020? According to the most recent census data, Cherry Run looks to be the cheaptest Grand Rapids neighborhood to live in.
At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Grand Rapids. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Grand Rapids that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Grand Rapids.
Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Michigan reading, check out:
- Best Places To Live In Michigan
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- Cheapest Cities To Live In America
- Cheapest States To Live In America
How We Determined The Cheapest Grand Rapids Hoods In 2020
In order to rank the cheapest places to live in Grand Rapids, we had to determine what criteria defines “cheap”.
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 31 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the “Cheapest City Neighborhood In Grand Rapids.” We’re lookin’ at you, Cherry Run.
Read on below to learn more about what it’s like to live in the cheapest places Grand Rapids. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
The 10 Cheapest Neighborhoods To Live In Grand Rapids For 2020
The median income in Cherry Run comes in at $66,020 and the median home value is $137,000 for 2020.
The median income in Fuller Avenue comes in at $42,868 and the median home value is $103,225 for 2020.
The median income in Westside Connection comes in at $56,785 and the median home value is $131,722 for 2020.
The median income in Alger Heights comes in at $49,986 and the median home value is $103,900 for 2020.
The median income in Millbrook comes in at $47,338 and the median home value is $115,040 for 2020.
The median income in Roosevelt Park comes in at $30,715 and the median home value is $55,380 for 2020.
The median income in Midtown comes in at $47,443 and the median home value is $96,925 for 2020.
The median income in Garfield Park comes in at $35,081 and the median home value is $69,967 for 2020.
The median income in Fulton Heights comes in at $61,838 and the median home value is $136,800 for 2020.
The median income in Creston comes in at $48,193 and the median home value is $110,833 for 2020.
Summing Up The Cheapest Places In Grand Rapids
If you’re measuring the neighborhoods in Grand Rapids where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Grand Rapids aren’t all cheap. Heartside takes the title of the most expensive neighborhood to live in Grand Rapids.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Michigan reading, check out:
- Cheapest Places To Live In Michigan
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- Richest Cities In Michigan
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- Worst Places To Live In Michigan
Detailed List Of The Cheapest Neighborhoods To Live In Grand Rapids For 2020
|Rank||Neighborhood||Cost Of Living Index|
|16||South East End||87|
|17||John Ball Park||88|
|18||South East Community||84|
|23||Norteast Citizens Action||94|