Median home value: $408K (+5.3% YoY). Rent: $1,841/mo. Price-to-rent: 18.5x. Part of Grand Rapids-Kentwood, MI.
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Basic Zillow data only. For stress scores, AI analysis, and trends, Grand Rapids-Kentwood, MI metro page.
Home Value$408,167
+5.3%
Rent$1,841/mo
AFFORDABILITYRenting $774/mo cheaper ($1,841 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Spring Lake.
$81,633 on $408,167
Out of reach — 41.8% of income
Need $112,071/yr to afford.
PITI$2,615
P/I41.8%
Afford$273K
Gap-$135K
P&I $1,958Tax $524Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing