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.5/23/2025College Ave70332$350,4392,373 Sq.Ft.5/23/2025Division Ave88131$257,8207,191 Sq.Ft.5/22/2025Eastern Ave1,06532$294,4175,251 Sq.Ft.5/28/2025Fuller Ave69231$287,0972,307 Sq.Ft.5/23/2025Lafayette Ave63332$304,7562,176 Sq.Ft.5/20/2025Leonard St1,00332$346,7993,569 Sq.Ft.5/28/2025Madison 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
Crossridge Dr843$750,8752,304 Sq.Ft.3/29/2024Crosswinds Ct1732$353,4711,329 Sq.Ft.6/20/2024Crosswinds Dr2532$375,5001,861 Sq.Ft.2/14/2025Croswell Ave2933$815,0912,428 Sq.Ft.12/10/2024Crownknoll Ct334$458,0002,749 Sq.Ft.6/10/2024Crown St4331$234,8051,685 Sq.Ft.11/22/2024Crownview Ct1243$464,2502,353 Sq.Ft.10/29/2024Crystal Waters Ln7433$681,0272,760 Sq.Ft.3/24/2025Culpepper Ct732$362,5711,493 Sq.Ft.10/2/2018Culpepper Dr1832$356,2221,328 Sq.Ft.5/24/2024Cummings Ave12332$334,6521,769 Sq.Ft.9/20/2024Cummings Ct1633$426,3751,819 Sq.Ft.5/7/2025Curticewood Dr1643$487,6881,640 Sq.Ft.11/30/2023Curtis St3531$256,1141,439 Sq.Ft.12/13/2024Curvebrook St30N/A1$206,467N/AN/ACurve St1941$182,8461,161 Sq.Ft.7/10/2024Curwood Ave9532$331,9571,492 Sq.Ft.4/18/2025Curwood Ct732$319,8571,464 Sq.Ft.3/3/2025Cusick Pl631$194,833800 Sq.Ft.6/1/2022Cutler Park Dr431$259,6671,147 Sq.Ft.12/20/2016Cutler St6732$207,7091,437 Sq.Ft.1/10/2024Cutter Pkwy2532$347,4001,309 Sq.Ft.7/31/2024Cypress Trail Ct244$821,5002,526 Sq.Ft.8/28/2009Cypress Trail Dr1643$760,6252,332 Sq.Ft.5/5/2023Dade St3N/AN/A$277,000N/A4/14/2006Daffodil Dr843$737,1432,345 Sq.Ft.11/8/2024Dakota Dr1833$362,6671,838 Sq.Ft.7/12/2022Dale Ct942$368,3331,823 Sq.Ft.4/16/2025Dale St6332$272,7901,503 Sq.Ft.2/20/2025Daling Ct1432$377,0001,468 Sq.Ft.2/10/2025Dallas Ave3731$216,8571,409 Sq.Ft.5/30/2025Danbury Dr742$509,0001,992 Sq.Ft.3/5/2021Danby Ln1243$727,2502,607 Sq.Ft.10/18/2024Daniel St7421$259,386933 Sq.Ft.4/11/2025Danube Ln1132$335,4551,682 Sq.Ft.7/8/2019Danvers Ct5N/AN/AN/A34,720 Sq.Ft.6/17/2021Danvers Dr14N/AN/AN/A32,682 Sq.Ft.7/13/2011Darby Ave655$2,914,0005,688 Sq.Ft.6/1/2021Dartmouth St1331$302,7691,255 Sq.Ft.9/28/2021Darwin Ave9031$202,9661,313 Sq.Ft.2/7/2025Daventry Ct932$331,5561,481 Sq.Ft.3/25/2025Davis Ave14032$257,4621,669 Sq.Ft.5/14/2025Dawes Ave7532$313,1531,490 Sq.Ft.5/12/2025Dawes Ct1953$345,6671,881 Sq.Ft.4/4/2024Dawn St432$353,2502,228 Sq.Ft.6/21/2019Dawson Ave3331$255,697940 Sq.Ft.11/22/2024Day Ave2931$247,7241,081 Sq.Ft.9/13/2024Dayenu Dr765$1,160,5004,931 Sq.Ft.11/7/2012Daylily Dr843$571,5711,860 Sq.Ft.11/8/2021Daylor Dr3532$293,3823,141 Sq.Ft.3/12/2024Dayton St9232$252,0781,494 Sq.Ft.10/4/2024Dean Lake Ave12632$349,1141,893 Sq.Ft.4/17/2025Dean St10631$258,5001,214 Sq.Ft.12/10/2024Deaver Dr232$407,0002,049 Sq.Ft.4/16/2019Debaar Dr23N/A1$200,000N/AN/ADe Blaay Ct5732$371,4211,405 Sq.Ft.7/19/2024De Blaay Dr1032$344,9001,285 Sq.Ft.5/11/2017De Blaay Ln332$390,6671,403 Sq.Ft.9/4/2018Deena Dr1843$578,8331,972 Sq.Ft.11/13/2024Deerfield Ct1454$822,7142,869 Sq.Ft.3/25/2024Deerfield Dr1443$435,1431,827 Sq.Ft.9/17/2019Deer Hollow Dr832$353,8751,331 Sq.Ft.12/12/2023Deer Hvn344$1,190,3333,032 Sq.Ft.6/7/2019Deer Trail Dr1843$534,7062,600 Sq.Ft.8/19/2022Delange Dr2032$525,4002,053 Sq.Ft.3/22/2024Delaware St12232$208,0271,409 Sq.Ft.5/9/2025Del Cano Dr3342$418,4241,398 Sq.Ft.10/13/2023Deli Ct1432$367,5001,470 Sq.Ft.9/18/2024Deli Dr1632$362,9381,429 Sq.Ft.5/15/2023Dellbrook Ct1033$391,6001,480 Sq.Ft.12/16/2020Deloney Ave2931$228,7141,396 Sq.Ft.12/16/2024Delray Ave832$287,3751,196 Sq.Ft.10/11/2023Deming St4631$303,5431,351 Sq.Ft.9/10/2024Denali Woods Dr243$884,0002,193 Sq.Ft.10/1/2015Denham Ct644$948,1673,571 Sq.Ft.11/23/2022Denison Dr1143$818,8182,533 Sq.Ft.7/11/2014Dennis Ave1541$283,3571,454 Sq.Ft.11/15/2022Deposit Dr4N/AN/AN/A50,414 Sq.Ft.7/30/2010Depot Way1532$372,6001,475 Sq.Ft.5/28/2025Derby Dr3531$310,6571,322 Sq.Ft.3/10/2025Derbyshire St3532$323,4242,420 Sq.Ft.5/23/2025Detroit St1932$212,4741,794 Sq.Ft.11/19/2024Devon Dr1832$407,7221,647 Sq.Ft.4/2/2025Devonshire Dr2232$346,0451,558 Sq.Ft.5/28/2024Devonwood Dr822$362,2501,373 Sq.Ft.6/24/2024Devonwood Hls6122$171,902804 Sq.Ft.11/22/2024Devonwood Ln447$3,475,7507,904 Sq.Ft.12/13/2019Dewberry Ct1632$368,4676,602 Sq.Ft.5/17/2021Dewberry Dr1322$354,4621,438 Sq.Ft.8/22/2022Dewberry Pl1N/AN/AN/AN/AN/ADewey Ave4N/AN/AN/A8,370 Sq.Ft.9/30/2014Dewitt St1N/AN/A$282,000N/A8/17/2018Diamond Ave41231$283,8251,562 Sq.Ft.5/23/2025Diamond Ct3032$273,9671,191 Sq.Ft.4/30/2025Diamond Pl441$301,5001,234 Sq.Ft.5/23/2025Diane St3132$310,3871,282 Sq.Ft.9/20/2024Di Carlo Dr343$597,0002,515 Sq.Ft.6/30/2020Dick Ave2131$294,4291,251 Sq.Ft.12/5/2024Dickinson St34331$221,8531,332 Sq.Ft.5/19/2025Discovery Dr6943$426,0141,901 Sq.Ft.5/30/2025417 Leonard St NEGrand Rapids, MI 49503
Estimated Value $264,000
Living Area 1,581 SqFt
Beds 4
Baths 1.5
Year Built 1928
Property Type Single Family
Ownership Type Corporate
APN 41-14-18-462-019
Neighborhood Creston
School District Grand Rapids Public Schools
716 Harlan Ave NEGrand Rapids, MI 49503
Estimated Value $226,000
Living Area 1,064 SqFt
Beds 2
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Individual
APN 41-14-19-432-008
Neighborhood Highland Park
School District Grand Rapids Public Schools
848 Dayton St SWGrand Rapids, MI 49504
Estimated Value $205,000
Living Area 974 SqFt
Beds 3
Baths 1
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-26-440-004
Neighborhood John Ball Park
School District Grand Rapids Public Schools
332 Coldbrook St NEGrand Rapids, MI 49503
Estimated Value $183,000
Living Area 970 SqFt
Beds 2
Baths 1
Year Built 1949
Property Type Single Family
Ownership Type Individual
APN 41-14-19-130-009
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
740 Jackson St NWGrand Rapids, MI 49504
Estimated Value $202,000
Living Area 825 SqFt
Beds 2
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-13-25-113-007
Neighborhood John Ball Park
School District Grand Rapids Public Schools
560 Pine Ave NWGrand Rapids, MI 49504
Estimated Value $230,000
Living Area 1,232 SqFt
Beds 3
Baths 1
Year Built 1880
Property Type Single Family
Ownership Type Individual
APN 41-13-23-453-004
Neighborhood West Grand
School District Grand Rapids Public Schools
248 Prospect Ave SEGrand Rapids, MI 49503
Estimated Value $350,000
Living Area 1,715 SqFt
Beds 2
Baths 1.5
Year Built 1885
Property Type Single Family
Ownership Type Individual
APN 41-14-30-381-075
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
49 Monroe Center St NW #7Grand Rapids, MI 49503
Estimated Value $613,000
Living Area 1,387 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Condominium
Ownership Type Corporate
APN 41-13-25-294-031
Neighborhood Downtown
School District Grand Rapids Public Schools
1250 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $277,000
Living Area 1,295 SqFt
Beds 4
Baths 2
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 41-13-13-359-002
Neighborhood West Grand
School District Grand Rapids Public Schools
619 Fairview Ave NE #2Grand Rapids, MI 49503
Estimated Value $486,000
Living Area 1,155 SqFt
Beds 2
Baths 3
Year Built 2018
Property Type Condominium
Ownership Type Trust
APN 41-14-19-316-012
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
940 Monroe Ave NW #124Grand Rapids, MI 49503
Estimated Value $262,000
Living Area 691 SqFt
Beds 1
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-030
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
460 Fulton St E #2Grand Rapids, MI 49503
Estimated Value $211,000
Living Area 735 SqFt
Beds 1
Baths 1
Year Built 1970
Property Type Condominium
Ownership Type Individual
APN 41-14-30-410-003
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
145 National Ave NWGrand Rapids, MI 49504
Estimated Value $219,000
Living Area 1,105 SqFt
Beds 3
Baths 1.5
Year Built 1915
Property Type Single Family
Ownership Type Individual
APN 41-13-25-151-016
Neighborhood John Ball Park
School District Grand Rapids Public Schools
241 Madison Ave SEGrand Rapids, MI 49503
Estimated Value $800,000
Living Area 4,036 SqFt
Beds 5
Baths 3.5
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-381-037
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
310 Eastern Ave NEGrand Rapids, MI 49503
Estimated Value $256,000
Living Area 1,134 SqFt
Beds 3
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Corporate
APN 41-14-29-103-016
Neighborhood Midtown
School District Grand Rapids Public Schools
608 Clancy Ave NEGrand Rapids, MI 49503
Estimated Value $222,000
Living Area 1,576 SqFt
Beds 2
Baths 2
Year Built 1875
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-333-012
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools