City Report · MI

Grosse Pointe Park

Pop. 11,319·55th most expensive in Michigan·Rental market data updated monthly for Grosse Pointe Park, MI
Median rent (all units)
$1,458/mo
Year-over-Year
Stable
Month-over-Month
-3.7%
vs US Median
-$507
Falling (Monthly)
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Most AffordableMost Expensive
Grosse Pointe Park · $1,458
More affordable than 78% of US cities · National median $1,965/mo
Affordability
14% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,458/mo, rent takes about 14% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$58,000/yr
Local median income
$124,111/yr
Based on the 30%-of-income rule using Grosse Pointe Park's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,370
2 BR
$1,730
3 BR
$2,120
4 BR+
$2,290
Research median
$1,730/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$17,496/yr
At $1,458/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -3.7% MoM), not inventory.
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Demographics

Who lives here

Grosse Pointe Park, MI is majority owner-occupied, has a large retiree population, has a median income above the national average, 73.3% of residents hold a bachelor's degree or higher.

Population
11,319
Median income
$124,111
Median age
41.4
Renters
25.6%
Age distribution
21.3%
19.3%
25.6%
13.7%
20.1%
Under 1821.3%
18–3419.3%
35–5425.6%
55–6413.7%
65+20.1%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
82.6%
White82.6%
Black5.4%
Hispanic3%
Asian3.9%
Other5.1%
Education (25+)
15.4%
73.3%
No HS diploma3.2%
HS diploma8.1%
Some college15.4%
Bachelor's+73.3%
Housing tenure
74.4%
25.6%
Owner74.4%
Renter25.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Grosse Pointe Park, MI has changed in 5 years

Income
$123,859 → $124,111
up 0.2%
Population
11,529 → 11,319
down 1.8%
Renter share
26% → 25.6%
-0.4 pts
Bachelor's+
71.2% → 73.3%
+2.1 pts
Median age
42.2 → 41.4
-0.8 yrs

On the earnings side, the typical household in Grosse Pointe Park, MI now reports about $124,111, up from $123,859 in 2021. Census counts show Grosse Pointe Park, MI losing about 210 residents over the five-year window, down 1.8% on net. Bachelor's-degree-or-higher attainment moved from 71.2% to 73.3% across the same window.

Community

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View Grosse Pointe Park rent history (2015–2026) →
Salary vs rent

Can you afford rent in Grosse Pointe Park on your salary?

At $1,458/mo, how Grosse Pointe Park rent compares to typical pay (30% rule).

By apartment size

Grosse Pointe Park rent by bedroom count

Median rent for each apartment size in Grosse Pointe Park. Click any size for full breakdown.

Local insights

Tips for renters in Grosse Pointe Park

About renting in Grosse Pointe Park, MI

Last updated: July 20, 2026

The median rent in Grosse Pointe Park is $1,458/mo as of July 2026. A studio apartment averages $1,240/mo while a 2-bedroom runs $1,730/mo. One-bedroom apartments average $1,370/mo and 3-bedroom units go for $2,120/mo.

At 14% of local median household income ($124,111/yr), Grosse Pointe Park ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Grosse Pointe Park an affordable city for renters?

Grosse Pointe Park is considered very affordable for renters. At $1,458/mo, rent takes approximately 14% of the local median household income ($124,111/yr). The standard benchmark is 30%. Grosse Pointe Park falls comfortably within that range.

How much income do you need to rent in Grosse Pointe Park?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,458/mo in Grosse Pointe Park. The local median household income is $124,111/yr, meaning the typical Grosse Pointe Park household meets that threshold.

Is rent going up or down in Grosse Pointe Park?

Rent in Grosse Pointe Park has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Grosse Pointe Park rent compare to other cities in Michigan?

Grosse Pointe Park is middle-of-the-pack for Michigan for rent, ranking #55 out of 95 tracked cities at $1,458/mo.

Which nearby cities are cheaper to rent in than Grosse Pointe Park?

Several nearby cities have lower median rents than Grosse Pointe Park ($1,458/mo): Roseville ($1,313/mo), Warren ($1,337/mo), Eastpointe ($1,408/mo).

What percentage of Grosse Pointe Park residents rent vs. own?

According to Census data, approximately 25.6% of Grosse Pointe Park households are renters, while 74.4% are owner-occupied. Grosse Pointe Park leans toward homeownership, which can mean a smaller rental inventory.

How does Grosse Pointe Park rent compare to the national average?

Grosse Pointe Park's median rent of $1,458/mo is $507 (26%) below the US national median of $1,965/mo. Within Michigan, it ranks #55 out of 95 tracked cities.
Income Affordability
14%
VERY AFFORDABLE

At $1,458/mo, rent takes ~14% of Grosse Pointe Park's median household income ($124,111/yr). The standard benchmark is 30%.

Grosse Pointe Park 14%Benchmark 30%
State income tax4.25%
Run the Grosse Pointe Park affordability calculator →
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Neighborhoods

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Schools nearby

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