Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Grand River

Learn about the people, housing, costs and businesses in Grand River, Iowa

Median Home$112,400
Median Rent$663/month
Population209
Leading IndustriesPublic Administration · Construction37% public administration
Home Value Growth⬆⬆⬆+28.4% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners68% of occupied units
NotableAffordable Market$112k median home · lower cost than 88% of the country
Grand River
IA

Frequently Asked Questions

What are today's mortgage rates in Grand River?

As of today, the 30-year fixed mortgage rate for Grand River is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Grand River
What is the median home price in Grand River?

The median home value in Grand River is $112k. The median monthly rent is $663. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grand River?

Home values in Grand River have increased 28.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Grand River?

Based on a typical all-in ownership cost of $766/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grand River is $53k/year.

Calculate your buying power
What industries drive the economy in Grand River?

The largest employment sectors in Grand River are public administration (37%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.