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
Edsel St3232$334,2501,477 Sq.Ft.8/16/2023Edward Ave3831$259,3421,238 Sq.Ft.4/23/2025Effie Pl2221$225,318938 Sq.Ft.2/14/2025Effingham Dr2842$389,1071,974 Sq.Ft.7/24/2024Ekhart St721$283,00011,686 Sq.Ft.6/1/2022El Camino Dr1132$390,2731,909 Sq.Ft.2/20/2025El Centro Blvd1532$795,8001,769 Sq.Ft.10/10/2022Eldee Dr17N/A1$222,294N/AN/AElderberry Ct2733$418,4441,669 Sq.Ft.5/1/2024Elderberry Dr632$413,3331,785 Sq.Ft.7/15/2016Elderwood Ct732$347,7141,313 Sq.Ft.6/6/2017Elderwood Dr3132$344,3551,382 Sq.Ft.5/15/2025Eldon St3232$301,0651,366 Sq.Ft.7/14/2023El Dorado Dr3232$666,6561,877 Sq.Ft.9/12/2022Eleanor St10031$298,6121,263 Sq.Ft.5/2/2025Elinor Ln854$624,5003,002 Sq.Ft.2/4/2025Elizabeth Ave4942$232,3005,993 Sq.Ft.8/2/2024Ellington Rd1043$578,4002,095 Sq.Ft.8/23/2024Elliott St19531$281,7671,350 Sq.Ft.5/30/2025Ellora Ct832$333,3751,457 Sq.Ft.7/13/2018Ellora Dr432$345,2501,419 Sq.Ft.9/19/2022Ellsmere St8431$306,3931,236 Sq.Ft.4/24/2025Ellsworth Ave4N/AN/AN/A7,594 Sq.Ft.10/15/1998Elmdale St7232$324,7541,618 Sq.Ft.3/7/2025Elmer Dr3331$307,2121,227 Sq.Ft.5/30/2025Elmgrove Ct431$219,500936 Sq.Ft.10/19/2018Elmhurst Dr1632$449,7501,535 Sq.Ft.2/27/2025Elmridge Dr5932$472,6144,710 Sq.Ft.6/16/2023Elm St6531$202,7541,340 Sq.Ft.2/27/2025Elmwood Dr9843$744,5102,207 Sq.Ft.5/21/2025Elmwood St9731$265,8561,299 Sq.Ft.4/8/2025Elwell St4421$229,143925 Sq.Ft.5/16/2025Embassy Dr28N/A1N/A3,682 Sq.Ft.4/17/2023Embro Dr1442$347,5001,620 Sq.Ft.6/9/2023Emerald Ave25831$282,3831,640 Sq.Ft.6/2/2025Emerald Lake Dr932$363,7501,731 Sq.Ft.5/24/2023Emerson Ave6931$288,5511,219 Sq.Ft.3/21/2025Emperor St1841$224,5561,951 Sq.Ft.3/31/2021Empire Dr932$400,2221,460 Sq.Ft.9/11/2020Enclave Ct2722$686,4441,576 Sq.Ft.4/18/2025Endicott Ave722$336,8571,216 Sq.Ft.12/2/2024Englehurst Ave1931$255,2111,086 Sq.Ft.11/8/2024Engleside Dr3132$347,5481,523 Sq.Ft.4/30/2025Englewood Ave1453$493,6672,508 Sq.Ft.9/17/2021Englewood Dr5732$465,3331,614 Sq.Ft.11/22/2024English Hills Dr2733$357,9631,210 Sq.Ft.6/21/2024English Ridge Ct1233$373,5831,281 Sq.Ft.6/30/2023English Ridge Dr833$389,2501,358 Sq.Ft.7/25/2023Enterprise St2N/A4N/A6,372 Sq.Ft.4/10/2023Eola St3831$246,6671,374 Sq.Ft.9/4/2024Escott Ave4331$269,5351,174 Sq.Ft.12/4/2023Essex St1132$299,4551,383 Sq.Ft.9/21/2022Estelle Dr3232$447,9381,307 Sq.Ft.3/11/2025Ethel Ave7142$363,5881,779 Sq.Ft.2/18/2025Eton St321$223,6671,251 Sq.Ft.6/23/2015Euclid Ave1832$224,2781,474 Sq.Ft.7/28/2023Eugene St3N/AN/AN/A25,929 Sq.Ft.4/14/2016Eureka Ave2942$350,5521,899 Sq.Ft.4/15/2024Evansdale Dr232$307,0001,435 Sq.Ft.11/11/2008Evans St642$349,1671,770 Sq.Ft.12/6/2024Evelyn St5631$282,3451,112 Sq.Ft.5/28/2025Eventide Dr2432$377,8331,593 Sq.Ft.4/23/2025Everest Ave1832$352,7061,817 Sq.Ft.4/4/2025Everglade Dr5931$301,4921,322 Sq.Ft.3/7/2025Evergreen Dr17N/AN/A$512,00015,674 Sq.Ft.1/10/2025Evergreen St10531$244,9022,419 Sq.Ft.5/2/2025Evernia Ave741$280,1431,295 Sq.Ft.12/23/2024Evert St942$293,1111,143 Sq.Ft.9/28/2023Ewing Ave932$202,1671,295 Sq.Ft.7/20/2023Exchange St2831$223,3571,069 Sq.Ft.12/12/2024Executive Pkwy8N/AN/AN/A47,612 Sq.Ft.9/16/2020Exeter Rd643$609,8331,935 Sq.Ft.6/28/2024Expressway Ct4N/AN/AN/A81,646 Sq.Ft.4/23/2013Expressway Dr15N/AN/AN/A48,806 Sq.Ft.10/30/2017Fairbanks St2341$267,5911,524 Sq.Ft.1/31/2025Faircrest Ave5331$301,1021,213 Sq.Ft.4/23/2025Fairfield Ave11631$309,7481,304 Sq.Ft.5/27/2025Fairlane Ave1132$323,9091,303 Sq.Ft.1/14/2022Fairmount St4842$351,1041,858 Sq.Ft.3/6/2025Fair St2331$204,8954,075 Sq.Ft.1/10/2025Fairview Ave11932$431,1391,951 Sq.Ft.5/19/2025Fairway Dr2432$315,3331,395 Sq.Ft.10/8/2024Falcon Bluff Ct843$662,3752,345 Sq.Ft.6/15/2020Falcon Crest Ct1033$334,9001,076 Sq.Ft.8/28/2024Falcon Crest Dr2443$646,8752,294 Sq.Ft.12/28/2022Falcon Pointe Dr6022$286,583996 Sq.Ft.5/9/2025Falcon Ridge Ct1044$660,4002,310 Sq.Ft.8/3/2023Falcon View Ave9N/AN/AN/A17,230 Sq.Ft.8/10/2007Falcon Woods Dr2122$321,4291,098 Sq.Ft.4/23/2025Fallingbrook Dr2632$327,5381,374 Sq.Ft.6/13/2024Falling Leaf Dr4533$424,6441,778 Sq.Ft.2/21/2025Far Hill Dr2242$467,4551,687 Sq.Ft.12/26/2024Farm Ct843$540,8752,256 Sq.Ft.2/21/2024Farms End Dr544$1,067,4003,550 Sq.Ft.5/2/2019Farmview Ln543$442,4002,136 Sq.Ft.1/24/2014Farnham St5531$242,5821,014 Sq.Ft.5/1/2025Farnsworth Ave2332$387,1301,484 Sq.Ft.5/20/2024Farnsworth Dr643$574,1672,292 Sq.Ft.2/26/2018Fawnwood Ct1032$357,5001,452 Sq.Ft.4/10/2024Fawnwood Dr5532$356,3821,492 Sq.Ft.6/7/2024750 Grand Ave NEGrand Rapids, MI 49503
Estimated Value $250,000
Living Area 1,663 SqFt
Beds 3
Baths 1.5
Year Built 1948
Property Type Single Family
Ownership Type Individual
APN 41-14-19-431-002
Neighborhood Highland Park
School District Grand Rapids Public Schools
27 Library St NE #902Grand Rapids, MI 49503
Estimated Value $1,217,000
Living Area 3,861 SqFt
Beds 4
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Individual
APN 41-14-30-163-039
Neighborhood Heartside
School District Grand Rapids Public Schools
1342 Buffalo Ave NEGrand Rapids, MI 49505
Estimated Value $248,000
Living Area 1,425 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Corporate
APN 41-14-18-377-008
Neighborhood Creston
School District Grand Rapids Public Schools
231 Straight Ave SWGrand Rapids, MI 49504
Estimated Value $193,000
Living Area 982 SqFt
Beds 2
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-13-26-483-023
Neighborhood John Ball Park
School District Grand Rapids Public Schools
918 Watson St SWGrand Rapids, MI 49504
Estimated Value $268,000
Living Area 1,560 SqFt
Beds 3
Baths 3
Year Built 1895
Property Type Single Family
Ownership Type Individual
APN 41-13-26-435-002
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
418 Shirley St NEGrand Rapids, MI 49503
Estimated Value $137,000
Living Area 935 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 41-14-19-255-004
Neighborhood Belknap Lookout
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
430 Union Ave NE #206Grand Rapids, MI 49503
Estimated Value $303,000
Living Area 1,014 SqFt
Beds 2
Baths 2
Year Built 2007
Property Type Condominium
Ownership Type Individual
APN 41-14-19-484-016
Neighborhood Midtown
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
27 Library St NE #503Grand Rapids, MI 49503
Estimated Value $408,000
Living Area 856 SqFt
Beds 1
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Corporate
APN 41-14-30-163-019
Neighborhood Heartside
School District Grand Rapids Public Schools
505 Cherry St SE #314Grand Rapids, MI 49503
Estimated Value $147,000
Living Area 369 SqFt
Beds 1
Baths 1
Year Built 1949
Property Type Condominium
Ownership Type Individual
APN 41-14-30-408-038
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
940 Monroe Ave NW #202Grand Rapids, MI 49503
Estimated Value $340,000
Living Area 1,088 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-057
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
917 Fulton St WGrand Rapids, MI 49504
Estimated Value $209,000
Living Area 1,274 SqFt
Beds 2
Baths 1
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 41-13-26-283-006
Neighborhood John Ball Park
School District Grand Rapids Public Schools
1028 Lake Michigan Dr NWGrand Rapids, MI 49504
Estimated Value $241,000
Living Area 1,290 SqFt
Beds 3
Baths 1
Year Built 1951
Property Type Single Family
Ownership Type Individual
APN 41-13-26-254-007
Neighborhood John Ball Park
School District Grand Rapids Public Schools
1035 Sibley St NWGrand Rapids, MI 49504
Estimated Value $342,000
Living Area 2,724 SqFt
Beds 8
Baths 3
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 41-13-26-208-013
Neighborhood John Ball Park
School District Grand Rapids Public Schools