A+
46%
Med. Home Val. NAT. AVG.
2%
Rent NAT. AVG.
28%
Owner Occ. NAT. AVG.

Madison Area Housing Information

IndexMadison AreaGrand RapidsMichigan
Median home price$98,940$156,500$127,800
Median rent asked$929$947$799
Avg. people per household3.12.52.5
Owner occupied households45.7%55.0%70.8%
Renter occupied households54.3%45.0%29.2%
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Housing Quick Facts

  • The median home price in Madison Area is 46% lower than the national average.
  • The median rent asked in Madison Area is 2% lower than the national average.
  • The average number of people per household in Madison Area is 17% higher than the national average.
  • The number of owner occupied households in Madison Area is 28% lower than the national average.
  • The number of renter occupied households in Madison Area is 49% higher than the national average.

Most Affordable Places to Live in and Around Madison Area

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Sparta, MI4,390$134,00027%
      Wyoming, MI75,999$135,50027%
      Coopersville, MI4,388$145,20021%
      Cutlerville, MI17,988$155,30016%
      Hudsonville, MI7,353$160,90013%
      Grand Rapids, MI199,417$156,50015%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Glendale, CA199,357$821,500345%
      Aurora, IL199,326$194,1005%
      Amarillo, TX199,225$138,90025%
      Huntington Beach, CA199,778$803,400335%
      Montgomery, AL199,054$121,10034%
      Grand Rapids, MI199,417$156,50015%
      Source: The Madison Area, Grand Rapids, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).