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
Grand Ave10242$354,8112,034 Sq.Ft.12/2/2024Grand Bluffs Ct943$596,4442,384 Sq.Ft.5/16/2025Grand Bluffs Dr944$724,4442,518 Sq.Ft.5/12/2023Grand Blvd4832$311,8941,288 Sq.Ft.2/24/2025Grand Chateau St7N/A1$255,400N/AN/AGrand Ct1233$318,7501,661 Sq.Ft.9/18/2019Grand Ridge Ct1134$334,4004,208 Sq.Ft.9/10/2020Grand Ridge Dr8N/AN/AN/A5,501 Sq.Ft.4/4/2023Grand River Ct643$729,5002,259 Sq.Ft.11/6/2020Grand River Dr16532$501,2381,838 Sq.Ft.11/15/2024Grandview Dr532$385,4001,651 Sq.Ft.6/16/2023Grand Woods Ct1232$402,8331,850 Sq.Ft.4/30/2024Granite St1233$400,4171,808 Sq.Ft.1/11/2024Grant St3341$213,2352,941 Sq.Ft.12/7/2020Grantwood Ave4132$295,4631,194 Sq.Ft.2/3/2025Grape Ave6432$282,3911,292 Sq.Ft.5/14/2025Gratiot St2731$304,1111,253 Sq.Ft.4/17/2025Greenacres Dr1831$267,5561,021 Sq.Ft.3/1/2022Greenboro Dr4132$322,3251,469 Sq.Ft.11/8/2024Greenbrier Ct942$572,2222,299 Sq.Ft.5/14/2025Greenbrier Dr8242$520,0132,107 Sq.Ft.5/21/2025Greenbrooke Dr15N/AN/AN/A29,857 Sq.Ft.12/15/2021Greenhill Ct544$825,2002,659 Sq.Ft.5/18/2020Greenings Ave2532$371,0401,274 Sq.Ft.2/14/2025Greenleaf Ct1332$351,2501,488 Sq.Ft.8/15/2016Green Pine Ct1332$381,7691,510 Sq.Ft.6/24/2024Greenridge Dr2432$473,1821,852 Sq.Ft.3/22/2024Green St5N/A1$212,4001,560 Sq.Ft.6/19/2024Greenstone Dr3633$540,3891,528 Sq.Ft.5/13/2024Greentree Dr944$776,1112,944 Sq.Ft.11/15/2022Greenway Dr3223$383,6561,460 Sq.Ft.3/18/2025Greenwich Rd1643$903,6882,936 Sq.Ft.8/1/2024Greenwood Ave4233$687,6672,039 Sq.Ft.5/6/2025Greenwood Forest Ct643$698,1672,431 Sq.Ft.9/15/2022Grenada Dr532$423,0001,757 Sq.Ft.1/30/2015Grenelefe Dr1943$712,5292,473 Sq.Ft.12/9/2024Gridley Ave2732$280,4071,078 Sq.Ft.4/7/2022Griggs St47731$281,5511,364 Sq.Ft.4/18/2025Griswold St14531$308,8681,319 Sq.Ft.5/28/2025Grooters St1N/AN/A$313,000N/A12/27/2018Gros Ventre Dr743$623,0002,578 Sq.Ft.9/7/2022Groton Rd1232$531,7501,672 Sq.Ft.4/18/2025Grouse Ct633$438,5001,500 Sq.Ft.6/26/2023Grove Bluff Ct933$461,4442,166 Sq.Ft.10/4/2021Grove Bluff Dr843$475,8751,824 Sq.Ft.3/31/2021Grove Ct833$413,1251,686 Sq.Ft.1/23/2024Grove Dr13933$406,3041,647 Sq.Ft.5/16/2025Grove Pl2N/AN/AN/A9,850 Sq.Ft.1/19/2015Grove St2332$245,1361,467 Sq.Ft.3/6/2025Grt - Fhsd1N/AN/AN/AN/AN/AGuild St2531$326,4171,399 Sq.Ft.7/30/2024Gunnink Dr2532$357,2001,465 Sq.Ft.4/25/2024Gunnison Ave5431$236,4911,501 Sq.Ft.5/14/2025Gunntree Ct444$845,0003,415 Sq.Ft.7/18/2016Hackley Dr941$333,4441,960 Sq.Ft.7/24/2020Hagen Dr7N/AN/AN/A59,721 Sq.Ft.12/4/2009Haifley Pl821$207,2501,206 Sq.Ft.2/3/2012Hailey Dr943$536,4441,821 Sq.Ft.11/4/2016Haines St4131$291,2441,246 Sq.Ft.11/27/2024Hake St132$248,0001,040 Sq.Ft.7/11/2012Halena St2132$317,7501,471 Sq.Ft.3/3/2025Halliday Ridge Dr643$781,1671,814 Sq.Ft.2/7/2023Hallmark Dr432$483,5001,755 Sq.Ft.10/31/2022Hall St58232$462,3003,670 Sq.Ft.5/28/2025Hamilton Ave13542$230,6291,959 Sq.Ft.5/8/2025Hamily Ct932$377,2221,369 Sq.Ft.1/5/2021Hampshire Blvd5243$667,0982,332 Sq.Ft.7/30/2024Hampton Ave3642$429,5711,803 Sq.Ft.10/18/2024Hampton Ct1732$283,2941,601 Sq.Ft.10/30/2023Hampton Downs Dr3632$340,4121,431 Sq.Ft.10/30/2023Hampton Dr3832$356,1051,368 Sq.Ft.3/7/2025Hampton Ln1N/AN/AN/A147,232 Sq.Ft.N/AHamstead Rd1931$309,8421,301 Sq.Ft.3/8/2024Hanchett Ave4121$250,175985 Sq.Ft.5/21/2025Hancock St3931$214,2371,295 Sq.Ft.3/7/2025Hanover St1131$234,3641,104 Sq.Ft.10/25/2023Hansen Ave4N/AN/AN/A21,145 Sq.Ft.10/7/2009Hansonia St342$413,0002,090 Sq.Ft.5/6/2025Haralson Ct2143$569,4292,184 Sq.Ft.7/30/2024Haras Ct1622$356,0631,144 Sq.Ft.12/15/2023Harbor View Dr2843$686,3212,645 Sq.Ft.1/30/2025Harding St9831$282,3621,203 Sq.Ft.4/15/2025Hardwick Dr1942$391,2112,552 Sq.Ft.12/22/2023Hardwick St1632$318,4381,416 Sq.Ft.4/11/2025Harlan Ave6331$275,3231,420 Sq.Ft.5/8/2025Harp St4832$294,0831,106 Sq.Ft.9/10/2024Hartford Ave622$361,5001,188 Sq.Ft.9/11/2009Harvester St1943$428,5261,899 Sq.Ft.9/9/2024Harvey St3N/AN/A$216,0005,223 Sq.Ft.N/AHastings St1142$424,6674,672 Sq.Ft.5/22/2025Hathaway Dr1233$773,0002,511 Sq.Ft.11/12/2024Haughey Ave11521$252,3511,057 Sq.Ft.12/13/2024Hawkchase Ct2743$795,7412,133 Sq.Ft.10/4/2024Hawk Ridge Ct3042$420,2591,835 Sq.Ft.12/23/2021Hawthorne St4032$364,6751,809 Sq.Ft.3/26/2025Hayden St3N/A1$201,000880 Sq.Ft.10/7/1998Hayes St2242$389,9381,806 Sq.Ft.9/26/2024Hayward Dr3142$509,7421,999 Sq.Ft.5/20/2025Haywood Dr2232$402,9091,785 Sq.Ft.11/12/2024Hazelnut Dr1732$354,5881,447 Sq.Ft.12/2/2022609 Windsor Ter SEGrand Rapids, MI 49503
Estimated Value $428,000
Living Area 2,530 SqFt
Beds 4
Baths 2
Year Built 1900
Property Type Single Family
Ownership Type Trust
APN 41-14-30-429-015
Neighborhood East Hills
School District Grand Rapids Public Schools
1044 California St NWGrand Rapids, MI 49504
Estimated Value $309,000
Living Area 1,620 SqFt
Beds 3
Baths 1.5
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 41-13-26-256-030
Neighborhood John Ball Park
School District Grand Rapids Public Schools
1125 Davis Ave NWGrand Rapids, MI 49504
Estimated Value $192,000
Living Area 1,200 SqFt
Beds 3
Baths 1
Year Built 1912
Property Type Single Family
Ownership Type Individual
APN 41-13-24-102-019
Neighborhood West Grand
School District Grand Rapids Public Schools
814 10th St NWGrand Rapids, MI 49504
Estimated Value $217,000
Living Area 1,136 SqFt
Beds 3
Baths 1
Year Built 1885
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-281-009
Neighborhood West Grand
School District Grand Rapids Public Schools
716 Fairview Ave NEGrand Rapids, MI 49503
Estimated Value $174,000
Living Area 980 SqFt
Beds 2
Baths 1
Year Built 1880
Property Type Single Family
Ownership Type Individual
APN 41-14-19-307-009
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
4 Union Ave NEGrand Rapids, MI 49503
Estimated Value $381,000
Living Area 1,824 SqFt
Beds 4
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-14-30-280-017
Neighborhood Midtown
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
854 Nagold St NWGrand Rapids, MI 49504
Estimated Value $226,000
Living Area 1,248 SqFt
Beds 4
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-13-23-436-004
Neighborhood West Grand
School District Grand Rapids Public Schools
27 Library St NE #301Grand Rapids, MI 49503
Estimated Value $501,000
Living Area 1,041 SqFt
Beds 1
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Corporate
APN 41-14-30-163-005
Neighborhood Heartside
School District Grand Rapids Public Schools
648 Prospect Ave NEGrand Rapids, MI 49503
Estimated Value $266,000
Living Area 1,450 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-14-19-335-001
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1222 Wieland Pl NWGrand Rapids, MI 49504
Estimated Value $198,000
Living Area 980 SqFt
Beds 4
Baths 1
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-13-383-023
Neighborhood West Grand
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
1048 3rd St NWGrand Rapids, MI 49504
Estimated Value $246,000
Living Area 1,477 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-13-23-452-015
Neighborhood West Grand
School District Grand Rapids Public Schools
1101 Alpine Ave NWGrand Rapids, MI 49504
Estimated Value $175,000
Living Area 890 SqFt
Beds 2
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Individual
APN 41-13-23-229-042
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
1101 Fremont Ave NWGrand Rapids, MI 49504
Estimated Value $232,000
Living Area 1,439 SqFt
Beds 2
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Individual
APN 41-13-23-227-023
Neighborhood West Grand
School District Grand Rapids Public Schools