Grand Ledge, MI Real Estate

According to census data in the year 2000 there were 3,405 housing units in Grand Ledge. This represents a 7.5% growth from 3,168 in 1990.

Of those housing units, 3,401 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.

Homeownership rate in Grand Ledge is about 66.2%. Grand Ledge's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Grand Ledge were built after 1967.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom13.20%
Two Bedrooms30.20%
Three Bedrooms39.30%
Four Bedrooms14.70%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1959
Median Value of occupied units$105,500
Median Price asked for vacant units$92,300

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1972
Median Monthly Rent asked for vacant units$500

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage5.10%
Home Equity Loan13.20%
Simple Mortgage59.50%
Debt Free21.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%