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
Fay Ave1521$283,8001,129 Sq.Ft.9/11/2023F Devonwood Hills Dr3022$174,033839 Sq.Ft.4/25/2025Feakin Ave121$128,000753 Sq.Ft.9/15/2021Feathery Ct1044$987,5002,898 Sq.Ft.4/3/2019Fendale Ct442$353,0001,689 Sq.Ft.8/31/2018Fendale St2631$294,1151,191 Sq.Ft.3/5/2025Fennessey St5932$398,3152,088 Sq.Ft.4/1/2025Fennessy Dr3N/AN/AN/AN/AN/AFenwick St1031$317,9001,291 Sq.Ft.3/28/2025Fenwood St1942$342,3161,388 Sq.Ft.9/15/2023Fernando St2431$221,1251,194 Sq.Ft.12/31/2024Ferndale Ave7432$291,5001,228 Sq.Ft.7/23/2024Fern Pl3N/A1$239,3331,025 Sq.Ft.6/27/1997Fernridge Ave1332$457,8461,462 Sq.Ft.3/31/2022Ferris St6431$274,1091,179 Sq.Ft.10/17/2024Fescue Dr48N/A1$215,378N/AN/AFilkins Dr2132$354,7141,404 Sq.Ft.10/11/2024Fingers Dr1233$464,8332,221 Sq.Ft.5/2/2023Finney Ave682N/A2,014 Sq.Ft.4/21/2015Finsbury Ln1631$312,4381,380 Sq.Ft.8/12/2024Firefly Dr2743$618,4072,500 Sq.Ft.12/13/2023Fire Ridge Ct144$928,0003,098 Sq.Ft.11/15/2017Fire Ridge Dr554$797,0002,636 Sq.Ft.12/4/2006Fireside Dr19N/A1$208,083N/AN/AFirethorn Ct933$451,7781,573 Sq.Ft.9/5/2024Fisher Ave3N/AN/AN/A2,586 Sq.Ft.12/22/2014Fisk Rd4832$477,4171,770 Sq.Ft.5/17/2025Fisk St1331$219,4556,141 Sq.Ft.3/14/2025Fitch Pl842$355,2501,773 Sq.Ft.9/11/2020Fitzhugh Ave7132$313,6611,549 Sq.Ft.3/14/2025Flat St3431$267,0591,333 Sq.Ft.4/4/2025Fletcher Dr1833$714,0003,028 Sq.Ft.9/15/2022Flint Ct2N/AN/AN/AN/A10/4/2004Floral Ave3842$921,2372,363 Sq.Ft.5/16/2025Florence St931$246,6251,279 Sq.Ft.1/23/2025Florida Ave2231$239,0001,141 Sq.Ft.10/18/2024Florlen Ave843$492,1251,728 Sq.Ft.11/19/2020Flowers Crossing Dr3054$1,310,0333,512 Sq.Ft.9/13/2024Flowers Mill Ct944$1,186,7784,407 Sq.Ft.8/6/2024Flowers Mill Dr3054$1,079,3003,056 Sq.Ft.1/17/2025Floyd St6021$222,339938 Sq.Ft.3/31/2025Flying Eagle Dr3432$293,1761,017 Sq.Ft.5/14/2025Fokal Dr845$967,6674,506 Sq.Ft.1/3/2023Fontenelle St5331$263,4911,171 Sq.Ft.3/31/2025Ford Ave1331$243,5381,296 Sq.Ft.10/7/2024Foremost Dr3N/AN/AN/A28,039 Sq.Ft.3/6/2013Forest Bluff Dr2832$456,2861,383 Sq.Ft.7/11/2024Forest Creek Ct2N/AN/AN/A96,615 Sq.Ft.2/29/2012Forest Creek Dr1N/AN/AN/A86,688 Sq.Ft.2/29/2012Forest Dr632$492,0002,049 Sq.Ft.10/16/2020Forest Hill Ave16032$439,1094,622 Sq.Ft.5/23/2025Forest Hill Ct953$606,6672,618 Sq.Ft.6/18/2021Forest Hollow Ct842$425,3751,891 Sq.Ft.8/26/2022Forest Lake Ct832$438,3751,502 Sq.Ft.5/21/2025Forest Lake Dr3632$464,4171,566 Sq.Ft.9/27/2024Forest Meadows Ct1143$583,0912,351 Sq.Ft.7/29/2022Forest Meadows Dr943$534,3332,278 Sq.Ft.10/17/2018Forest Shores Dr1833$742,0562,651 Sq.Ft.6/3/2025Forestside Ct443$558,5002,401 Sq.Ft.2/11/2022Forest Valley Ct743$570,8572,487 Sq.Ft.10/19/2020Forest Valley Dr3143$642,9332,286 Sq.Ft.1/18/2024Forest View Ave3N/AN/A$323,333N/A4/1/2014Forland Ct1043$597,7002,245 Sq.Ft.12/20/2019Forrest Ave2632$243,5771,389 Sq.Ft.3/24/2025Forrester St5032$357,3401,749 Sq.Ft.5/28/2025Forrest Ridge Ave12N/AN/A$326,286N/A3/26/2015Forsythia Ave2043$468,0501,884 Sq.Ft.8/30/2022Foster Ave10031$334,6901,351 Sq.Ft.10/2/2023Foster Ct1121$269,4551,062 Sq.Ft.2/7/2025Fountain St14842$439,9632,729 Sq.Ft.5/8/2025Foxboro Ct832$386,8751,734 Sq.Ft.10/27/2023Foxchase Ln1042$457,2001,999 Sq.Ft.9/27/2019Fox Ct332$491,3331,498 Sq.Ft.4/25/2023Foxglove Ct1255$1,306,5834,509 Sq.Ft.2/25/2022Foxglove Dr954$1,194,2223,774 Sq.Ft.4/15/2019Foxridge Dr1732$381,3531,381 Sq.Ft.2/25/2025Fox St5231$185,2551,031 Sq.Ft.5/22/2025Francis Ave24731$232,0581,445 Sq.Ft.5/20/2025Franklin St543$829,8002,311 Sq.Ft.6/29/2018Fransman Pl831$189,7142,038 Sq.Ft.3/13/2023Frederick Ave5031$254,4601,137 Sq.Ft.5/27/2025Frederick Dr1244$2,072,8333,343 Sq.Ft.8/1/2024Freedom St2831$242,0361,114 Sq.Ft.5/23/2025Freeman Ave24N/A1N/A56,007 Sq.Ft.12/7/2017Freeton Dr1031$105,6001,560 Sq.Ft.N/AFremont Ave22631$255,6291,463 Sq.Ft.3/28/2025Freyling Pl1042$262,2221,365 Sq.Ft.7/15/2022Friesian Ct2743$553,5192,274 Sq.Ft.1/9/2025Frontage Rd2N/AN/AN/AN/A2/8/2012Front Ave73N/A1$229,25020,848 Sq.Ft.12/7/2021Frontenac St2831$220,1111,083 Sq.Ft.12/13/2022Frost Ave1032$397,7781,463 Sq.Ft.8/23/2024Fruitland Ave631$283,3331,092 Sq.Ft.1/19/2024Fruit Ridge Ave12132$493,65824,013 Sq.Ft.5/19/2025Fruit St533$544,4001,440 Sq.Ft.3/16/2021Fruitwood Ct443$372,5001,876 Sq.Ft.8/1/2018Fruitwood Dr3632$348,2781,474 Sq.Ft.10/29/2024Fuller Ave69231$287,0972,307 Sq.Ft.5/23/2025Fuller Ct632$313,1671,340 Sq.Ft.6/1/2022Fullerton Ct1142$371,6361,692 Sq.Ft.11/6/2024435 Hopson St NEGrand Rapids, MI 49503
Estimated Value $249,000
Living Area 1,305 SqFt
Beds 3
Baths 1
Year Built 1883
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-255-019
Neighborhood Belknap Lookout
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
16 Ionia Ave SW #7Grand Rapids, MI 49503
Estimated Value $319,000
Living Area 942 SqFt
Beds 2
Baths 1
Year Built 1885
Property Type Condominium
Ownership Type Individual
APN 41-13-25-440-007
Neighborhood Heartside
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
600 Broadway Ave NW #605Grand Rapids, MI 49504
Estimated Value $452,000
Living Area 1,909 SqFt
Beds 2
Baths 1
Year Built 1900
Property Type Condominium
Ownership Type Individual
APN 41-13-24-335-144
Neighborhood West Grand
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
621 Fountain St NEGrand Rapids, MI 49503
Estimated Value $389,000
Living Area 2,498 SqFt
Beds 4
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-276-016
Neighborhood Midtown
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
121 Logan St SEGrand Rapids, MI 49503
Estimated Value $516,000
Living Area 1,548 SqFt
Beds 3
Baths 2.5
Year Built 2016
Property Type Condominium
Ownership Type Individual
APN 41-14-31-111-008
Neighborhood Southeast Community / SECA
School District Grand Rapids Public Schools
864 11th St NWGrand Rapids, MI 49504
Estimated Value $250,000
Living Area 1,668 SqFt
Beds 3
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 41-13-23-277-003
Neighborhood West Grand
School District Grand Rapids Public Schools
808 6th St NWGrand Rapids, MI 49504
Estimated Value $260,000
Living Area 1,380 SqFt
Beds 2
Baths 1.5
Year Built 1917
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-431-006
Neighborhood West Grand
School District Grand Rapids Public Schools
509 Coit Ave NEGrand Rapids, MI 49503
Estimated Value $297,000
Living Area 1,387 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 41-14-19-355-015
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
615 Fairview Ave NE #2Grand Rapids, MI 49503
Estimated Value $426,000
Living Area 1,247 SqFt
Beds 2
Baths 2.5
Year Built 2017
Property Type Condominium
Ownership Type Individual
APN 41-14-19-316-009
Neighborhood Belknap Lookout
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
900 4th St NWGrand Rapids, MI 49504
Estimated Value $271,000
Living Area 2,030 SqFt
Beds 5
Baths 2
Year Built 1880
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-437-010
Neighborhood West Grand
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