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
Hazeltine Rd3N/AN/A$2,142,667N/AN/AHazen St12531$247,0001,062 Sq.Ft.3/14/2025Hearthstone Dr923$361,0001,581 Sq.Ft.9/26/2024Heathcliff St1732$389,3531,741 Sq.Ft.10/21/2022Heath Dr733$492,5712,254 Sq.Ft.3/17/2017Heather Ct333$677,6672,157 Sq.Ft.8/31/2018Heather Ln943$508,2862,317 Sq.Ft.8/9/2019Heather St2042$608,9001,983 Sq.Ft.8/15/2022Heathfield Dr333$611,3332,480 Sq.Ft.8/23/2022Heathmoor Ct1033$517,5001,835 Sq.Ft.6/12/2023Heathwood Dr5843$474,4312,086 Sq.Ft.4/4/2025Helen St2232$297,5911,498 Sq.Ft.4/25/2025Hendershot Ave3032$423,00028,497 Sq.Ft.11/16/2023Henry Ave11242$314,3081,980 Sq.Ft.5/20/2025Herbert St1631$254,1881,161 Sq.Ft.8/5/2022Heritage Commons St3532$267,0001,270 Sq.Ft.3/7/2025Hermitage St4041$302,2001,599 Sq.Ft.2/18/2025Heron Dr4N/A2N/A80,283 Sq.Ft.N/AHeron Dr Road St1N/AN/AN/AN/AN/AHeron Dr Snr1N/AN/AN/AN/AN/AHerrick Ave12131$267,8601,123 Sq.Ft.1/14/2025Hersman St1343$518,0002,064 Sq.Ft.9/20/2023Hester Pl1N/AN/A$185,000N/A8/16/2007Heyboer Ave1931$286,9471,457 Sq.Ft.2/28/2025Hiaschutter Pl631$204,0001,194 Sq.Ft.12/11/2020Hiawatha Dr2632$360,8081,581 Sq.Ft.5/27/2025Hickory Ave2231$286,6361,265 Sq.Ft.4/10/2025Hickory Hill Ct1832$364,3891,388 Sq.Ft.10/16/2024Hickorywood Ln1143$554,5452,595 Sq.Ft.6/30/2022Hidden Hills Ave3443$528,4122,058 Sq.Ft.7/31/2024Hidden Hills Ct943$532,2222,126 Sq.Ft.9/8/2022Hidden Lake Ct544$743,2002,194 Sq.Ft.6/3/2013Hidden Lake Ln1143$877,9092,908 Sq.Ft.5/16/2024Hidden Meadow Ln542$446,600919 Sq.Ft.6/23/2017Hidden Oak Ct1433$469,7861,474 Sq.Ft.8/14/2023Hidden Ridge Dr1144$891,5452,914 Sq.Ft.3/29/2022Hidden Spring Trl443$604,0002,484 Sq.Ft.12/14/2007Hidden Valley Dr1N/AN/AN/A158,240 Sq.Ft.N/AHighbluff Dr2732$418,6671,694 Sq.Ft.10/30/2023Highgate St4533$401,4291,960 Sq.Ft.6/2/2025Highlander Dr2842$354,1071,565 Sq.Ft.11/22/2024Highland St7231$205,4651,406 Sq.Ft.4/15/2025Highland View Cir3932$270,0511,113 Sq.Ft.8/28/2024Highland View Dr432$272,7501,095 Sq.Ft.5/7/2025High Point Dr1233$340,2501,186 Sq.Ft.10/30/2023Highridge Hills Ln3723$509,2971,593 Sq.Ft.10/25/2024Highridge Ln4923$438,9391,295 Sq.Ft.12/3/2024High St4731$204,6171,337 Sq.Ft.4/30/2025Hillandale Dr2322$314,1741,097 Sq.Ft.5/5/2025Hill Ave1032$380,2001,931 Sq.Ft.7/30/2024Hillburn Ave6022$280,4231,366 Sq.Ft.2/28/2025Hillcrest Ave7231$285,2081,228 Sq.Ft.5/28/2025Hillcroft Ave9221$232,7271,920 Sq.Ft.4/29/2025Hillmount St3631$312,0831,346 Sq.Ft.4/21/2025Hillsboro Ave8043$741,8882,508 Sq.Ft.9/25/2023Hills Ct9N/AN/AN/A5,195 Sq.Ft.3/31/2015Hillsdale Ave5632$281,7271,211 Sq.Ft.10/4/2024Hillside Dr3031$331,3643,707 Sq.Ft.10/8/2024Hillside Farms Estates Dr1044$1,030,5002,635 Sq.Ft.11/1/2023Hillview Ave1832$427,2221,634 Sq.Ft.8/25/2023Hillwood Ct942$354,7781,641 Sq.Ft.7/31/2024Himes St6421$223,0331,675 Sq.Ft.7/9/2024Hoag Ave6232$495,2361,866 Sq.Ft.5/30/2025Hobart St2732$365,1851,764 Sq.Ft.5/31/2024Hodenpyl Rd2032$562,7001,587 Sq.Ft.3/17/2025Hoehn St1231$281,3331,056 Sq.Ft.6/9/2023Hogadone Ave3031$224,4331,372 Sq.Ft.11/18/2024Hogan St4941$204,6731,400 Sq.Ft.3/28/2025Holborn Dr632$335,5001,290 Sq.Ft.4/8/2024Holden Ave4N/AN/AN/AN/A10/20/2016Holland Ave2331$263,5451,355 Sq.Ft.11/15/2021Hollis Dr2632$319,3461,267 Sq.Ft.5/21/2024Hollister Ave4432$381,4321,851 Sq.Ft.7/8/2024Holly Park Ave16N/A1$237,750N/AN/AHolly St6431$230,607962 Sq.Ft.4/30/2025Hollywood St13231$263,4351,050 Sq.Ft.2/7/2025Holmdene Ave932$403,5561,264 Sq.Ft.1/30/2024Holmdene Blvd7231$359,5421,385 Sq.Ft.5/28/2025Holtman Ct433$747,2502,248 Sq.Ft.8/27/2021Holtman Dr4943$570,9792,750 Sq.Ft.3/10/2022Holton Ave4N/AN/AN/AN/AN/AHolton Ct4N/AN/A$1,095,00032,866 Sq.Ft.1/8/2024Holyoke Dr4032$358,4001,694 Sq.Ft.9/29/2023Homer St431$327,7501,271 Sq.Ft.7/8/2022Home St2642$237,1251,706 Sq.Ft.4/4/2024Honeoye St3531$238,9411,100 Sq.Ft.4/9/2025Honey Creek Ave2N/AN/AN/AN/AN/AHoneysuckle Hill Ct1343$726,6152,528 Sq.Ft.6/7/2024Hoogewind Dr543$509,8001,751 Sq.Ft.3/11/2022Hoover St1231$299,7501,475 Sq.Ft.10/9/2024Hope St5332$379,4531,599 Sq.Ft.9/26/2024Hopson St3431$241,7351,246 Sq.Ft.7/11/2024Hordyk St11N/AN/A$412,182N/A6/10/2022Horizon Dr6N/AN/AN/A30,476 Sq.Ft.6/13/2013Horton Ave25031$220,4631,423 Sq.Ft.5/30/2025Houseman Ave27931$287,8151,389 Sq.Ft.5/27/2025Hovey St10542$258,5961,622 Sq.Ft.5/13/2025Howard St4831$209,4681,408 Sq.Ft.5/14/2025Hoyle Ave731$247,8571,220 Sq.Ft.3/26/2025Hoyt St9131$292,9892,006 Sq.Ft.5/9/2025848 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
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
11 Trowbridge St NEGrand Rapids, MI 49503
Estimated Value $327,000
Living Area 1,595 SqFt
Beds 3
Baths 1
Year Built 1911
Property Type Single Family
Ownership Type Multiple
APN 41-14-19-311-013
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
506 Fairview Ave NEGrand Rapids, MI 49503
Estimated Value $298,000
Living Area 1,876 SqFt
Beds 6
Baths 2
Year Built 1895
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-352-010
Neighborhood Belknap Lookout
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
821 Nagold St NWGrand Rapids, MI 49504
Estimated Value $204,000
Living Area 1,312 SqFt
Beds 3
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-433-025
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
940 Monroe Ave NW #223Grand Rapids, MI 49503
Estimated Value $399,000
Living Area 1,001 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-072
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
57 Campau Cir NWGrand Rapids, MI 49503
Estimated Value $492,000
Living Area 1,338 SqFt
Beds 2
Baths 1
Year Built 1990
Property Type Condominium
Ownership Type Trust
APN 41-13-25-264-101
Neighborhood Downtown
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
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
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
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
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
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
755 North Ave NEGrand Rapids, MI 49503
Estimated Value $339,000
Living Area 1,488 SqFt
Beds 5
Baths 2
Year Built 2008
Property Type Single Family
Ownership Type Individual
APN 41-14-19-329-019
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools