Compared to national averages, Grand Rapids has a significantly lower cost of living, with a median home price around $290,000. Investors will find this affordability extending to rent, offering promising returns for landlords. The average rent in Grand Rapids sits comfortably above $1,400, which means healthy rental yields and consistent cash flow.
Major players in healthcare, education, and automotive manufacturing like Spectrum Health and Steelcase call this city home, fostering consistent job growth and a reliable demand for housing. The city prioritizes innovation and entrepreneurship, further diversifying the economy and positioning itself for long-term prosperity.
Grand Rapids isn't a static landscape. Vibrant neighborhoods like Downtown and Midtown are undergoing exciting transformations, attracting young professionals and families with cutting-edge restaurants, craft breweries, and art galleries. Established areas like East Hills and Creston offer charming historic homes and strong community vibes. This diversity caters to a range of demographics and investment strategies, ensuring something for everyone, especially real estate investors.
Popular Streets in Grand Rapids, Michigan
Burton St70332$340,8533,825 Sq.Ft.6/13/2025College Ave70332$350,4392,373 Sq.Ft.6/13/2025Division Ave88131$257,8207,191 Sq.Ft.5/27/2025Eastern Ave1,06532$294,4175,229 Sq.Ft.5/28/2025Fuller Ave69231$287,0972,307 Sq.Ft.6/18/2025Lafayette Ave63332$304,7562,176 Sq.Ft.5/20/2025Leonard St1,00332$346,7993,569 Sq.Ft.6/13/2025Madison Ave74132$343,1762,974 Sq.Ft.5/15/2025Paris Ave67432$343,0919,395 Sq.Ft.5/23/2025Union Ave68332$340,8892,028 Sq.Ft.5/28/2025All Streets in Grand Rapids, Michigan
1st Ave18N/AN/AN/A28,073 Sq.Ft.9/29/20161st Ct2N/AN/AN/A37,456 Sq.Ft.12/20/20231st St5542$245,2006,753 Sq.Ft.5/8/20252nd Ave5232$397,1842,465 Sq.Ft.9/17/20242nd St6631$249,2591,522 Sq.Ft.5/1/20253 Mile Rd56832$366,2718,977 Sq.Ft.6/4/20253rd Ave2932$393,7225,292 Sq.Ft.10/29/20243rd St11032$241,3301,861 Sq.Ft.3/28/20254 Mile Rd51032$447,0375,219 Sq.Ft.6/6/20254th Ave732$285,2861,630 Sq.Ft.1/11/20224th St23832$279,9291,609 Sq.Ft.3/27/20255 Mile Rd9932$509,6622,168 Sq.Ft.4/14/20255 Nw Third St1N/AN/AN/AN/AN/A5th St11132$261,7583,664 Sq.Ft.4/9/20256 Mile Rd1632$483,9231,888 Sq.Ft.9/20/20246th St9732$284,1334,169 Sq.Ft.5/30/20257 Mile Rd2332$445,5261,404 Sq.Ft.6/21/20247th St22732$324,2672,320 Sq.Ft.5/16/20258 Mile Rd5042$509,8211,939 Sq.Ft.11/30/20238th Ave27032$384,6191,556 Sq.Ft.5/30/20258th St9031$303,9321,291 Sq.Ft.3/27/20259 Mile Rd1532$604,8002,001 Sq.Ft.12/10/20219th St4132$243,0001,625 Sq.Ft.1/8/202510th Ave2932$379,7241,548 Sq.Ft.2/14/202510th St8731$271,0691,359 Sq.Ft.3/22/202411th St8342$245,8782,155 Sq.Ft.3/21/202512th Ave4031$335,2111,569 Sq.Ft.2/21/202512th St3931$235,9471,485 Sq.Ft.2/21/202514th Ave11632$432,8281,653 Sq.Ft.5/19/202520th Ave1832$567,5831,552 Sq.Ft.10/28/202426th Ave5432$505,5381,969 Sq.Ft.2/26/202528th St46141$268,00029,547 Sq.Ft.1/30/202528th Street Ct9N/AN/AN/A49,783 Sq.Ft.11/21/201129th St72N/A2N/A21,825 Sq.Ft.3/26/202530th St1N/AN/AN/AN/AN/A32nd St27831$287,17210,576 Sq.Ft.6/20/202533rd St6253$332,83724,265 Sq.Ft.7/31/202434th St4421$209,628882 Sq.Ft.4/12/202435th St3231$239,469981 Sq.Ft.2/27/202536th St19831$290,03934,341 Sq.Ft.5/16/202537th St1N/AN/AN/A34,960 Sq.Ft.7/11/201739th St1721$231,1542,235 Sq.Ft.10/4/202340th St9931$227,83725,931 Sq.Ft.10/18/202441st St6421$228,1902,313 Sq.Ft.3/18/202542nd St4N/A1N/A90,000 Sq.Ft.9/2/201643rd St13521$232,6561,357 Sq.Ft.6/13/202544th St33932$301,22224,024 Sq.Ft.3/26/202547th St2531$239,6801,203 Sq.Ft.4/22/202248th St18632$299,3022,220 Sq.Ft.1/17/202550th St4732$240,42130,886 Sq.Ft.9/30/202451st St1032$295,1001,153 Sq.Ft.12/5/202452nd St34332$346,65910,789 Sq.Ft.5/27/202554th St6832$307,44411,689 Sq.Ft.5/15/202555th Ct932$322,7781,274 Sq.Ft.9/27/202455th St831$278,6251,142 Sq.Ft.2/5/202556th St7332$313,4673,193 Sq.Ft.4/11/202558th St6431$248,5561,084 Sq.Ft.4/21/202559th St4332$322,5811,551 Sq.Ft.1/17/202560th St29632$364,2869,601 Sq.Ft.5/16/202561st St3632$288,2291,370 Sq.Ft.6/6/202466th St3331$290,8132,863 Sq.Ft.6/4/202567 Ave1N/AN/AN/AN/AN/A68th St17632$309,1485,714 Sq.Ft.3/7/202570th St1532$327,6001,450 Sq.Ft.4/6/202171st St1431$248,8571,143 Sq.Ft.3/3/202072nd St8132$338,5511,509 Sq.Ft.5/16/202573rd St1032$381,5001,608 Sq.Ft.5/31/202476th St6431$299,2921,968 Sq.Ft.12/5/202477th St4N/A1N/AN/A11/14/200379th St5832$346,6961,529 Sq.Ft.6/24/202484th St1N/AN/AN/AN/AN/AAbbeydale Ct644$708,8332,101 Sq.Ft.4/26/2019Abbeydale Dr1154$805,9092,601 Sq.Ft.5/16/2024Abbie St7221$215,257928 Sq.Ft.6/10/2025Abbington Dr11722$216,325967 Sq.Ft.6/13/2025Aberdeen St19131$304,6911,229 Sq.Ft.5/30/2025Abigail St1432$331,6431,258 Sq.Ft.9/11/2024Abington Dr1532$299,8001,108 Sq.Ft.5/19/2025Abney Ave442$357,7502,019 Sq.Ft.3/17/2020Acacia Dr3532$451,7271,970 Sq.Ft.10/24/2023Academy Dr3932$398,7891,635 Sq.Ft.11/15/2024Acorn Ridge Ct263$919,5004,077 Sq.Ft.9/30/2020Acorn Valley Dr234$3,055,0005,405 Sq.Ft.N/AAcquest Ave2N/AN/AN/A33,032 Sq.Ft.9/16/2013Acropolis Dr3222$239,8441,170 Sq.Ft.9/16/2023Acton Rd631$325,8331,297 Sq.Ft.8/3/2022Adair Ave5N/AN/A$292,400N/A3/19/2019Adams St19931$258,7021,454 Sq.Ft.5/27/2025Ada Place Dr3733$293,7501,382 Sq.Ft.12/4/2024Ada Valley Dr8N/A2N/A2,425 Sq.Ft.N/AA Devonwood Hills Dr2911$153,966658 Sq.Ft.6/5/2025Adrian Ave742$305,5711,476 Sq.Ft.8/8/2023Air Cargo Dr3N/AN/AN/A48,334 Sq.Ft.N/AAirlane Dr5N/AN/AN/A119,033 Sq.Ft.10/7/2010Airview St1821$227,778899 Sq.Ft.2/17/2025Airway St5532$336,4441,720 Sq.Ft.4/18/2025Airwest Dr15N/AN/AN/A34,791 Sq.Ft.6/12/2015A I S Dr1N/AN/AN/A26,521 Sq.Ft.7/24/1997Alabama Ave3N/A2$974,00020,194 Sq.Ft.12/5/2023Albany St10N/AN/AN/A1,887 Sq.Ft.N/A1036 Lafayette Ave NEGrand Rapids, MI 49503
Estimated Value $234,000
Living Area 2,240 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Multiple
APN 41-14-19-129-006
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1024 Hamilton Ave NWGrand Rapids, MI 49504
Estimated Value $192,000
Living Area 857 SqFt
Beds 2
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Individual
APN 41-13-24-129-061
Neighborhood West Grand
School District Grand Rapids Public Schools
940 Monroe Ave NW #101Grand Rapids, MI 49503
Estimated Value $493,000
Living Area 1,515 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-019
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
45 College Ave NEGrand Rapids, MI 49503
Estimated Value $694,000
Living Area 4,490 SqFt
Beds 7
Baths 5
Year Built 1890
Property Type Single Family
Ownership Type Related
APN 41-14-30-253-030
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
45 Campau Cir NWGrand Rapids, MI 49503
Estimated Value $354,000
Living Area 967 SqFt
Beds 2
Baths 1
Year Built 1990
Property Type Condominium
Ownership Type Individual
APN 41-13-25-264-108
Neighborhood Downtown
School District Grand Rapids Public Schools
618 Innes St NEGrand Rapids, MI 49503
Estimated Value $387,000
Living Area 1,768 SqFt
Beds 3
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Individual
APN 41-14-30-231-005
Neighborhood Midtown
School District Grand Rapids Public Schools
835 Davis Ave NWGrand Rapids, MI 49504
Estimated Value $251,000
Living Area 1,843 SqFt
Beds 4
Baths 2
Year Built 1875
Property Type Single Family
Ownership Type Corporate
APN 41-13-24-156-018
Neighborhood West Grand
School District Grand Rapids Public Schools
629 Lafayette Ave NEGrand Rapids, MI 49503
Estimated Value $203,000
Living Area 1,214 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-333-025
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
940 Monroe Ave NW #555Grand Rapids, MI 49503
Estimated Value $395,000
Living Area 1,056 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-215
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1051 Alpine Ave NWGrand Rapids, MI 49504
Estimated Value $245,000
Living Area 2,112 SqFt
Beds 4
Baths 2
Year Built 1902
Property Type Single Family
Ownership Type Individual
APN 41-13-23-233-020
Neighborhood West Grand
School District Grand Rapids Public Schools
1106 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $216,000
Living Area 1,089 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-13-24-107-009
Neighborhood West Grand
School District Grand Rapids Public Schools
943 4th St NWGrand Rapids, MI 49504
Estimated Value $230,000
Living Area 999 SqFt
Beds 2
Baths 1
Year Built 1957
Property Type Single Family
Ownership Type Individual
APN 41-13-23-410-016
Neighborhood West Grand
School District Grand Rapids Public Schools
512 Lyon St NE #2Grand Rapids, MI 49503
Estimated Value $361,000
Living Area 770 SqFt
Beds 1
Baths 1
Year Built 1919
Property Type Condominium
Ownership Type Multiple
APN 41-14-30-257-007
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
628 Innes St NEGrand Rapids, MI 49503
Estimated Value $272,000
Living Area 802 SqFt
Beds 2
Baths 1
Year Built 1880
Property Type Single Family
Ownership Type Individual
APN 41-14-30-231-007
Neighborhood Midtown
School District Grand Rapids Public Schools
545 Fountain St NEGrand Rapids, MI 49503
Estimated Value $564,000
Living Area 2,749 SqFt
Beds 4
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-252-049
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
335 Bridge St NW #607Grand Rapids, MI 49504
Estimated Value $519,000
Living Area 1,436 SqFt
Beds 2
Baths 2
Year Built 2007
Property Type Condominium
Ownership Type Related
APN 41-13-24-453-192
Neighborhood John Ball Park
School District Grand Rapids Public Schools