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
Hubbard St4231$285,6431,248 Sq.Ft.1/13/2025Hubert St2021$265,6001,284 Sq.Ft.4/21/2025Huckleberry Ln643$686,8332,315 Sq.Ft.6/5/2024Hufford Ave2731$258,0771,182 Sq.Ft.10/23/2024Humbolt St2532$196,9581,369 Sq.Ft.2/6/2025Hummingbird Ct522$457,4001,377 Sq.Ft.11/6/2020Hunsberger Ave8732$338,0261,767 Sq.Ft.3/3/2025Hunter Green St544$701,8002,271 Sq.Ft.9/8/2023Huntington Ave2532$297,4171,409 Sq.Ft.7/12/2024Hurd St431$329,7501,280 Sq.Ft.7/10/2024Hurley St2N/AN/AN/AN/A6/27/1990Hutchinson Ave3832$358,9193,258 Sq.Ft.8/7/2024Hyacinth St1242$257,0001,647 Sq.Ft.6/28/2024Hyde Park Ave2521$235,640974 Sq.Ft.2/14/2025Hylane Ave1142$457,5451,576 Sq.Ft.12/26/2024Hylane Ct333$495,0001,982 Sq.Ft.5/28/2021Hynes Ave5N/AN/AN/A178,462 Sq.Ft.9/7/2016Ida Ave1631$271,6431,234 Sq.Ft.1/26/2024Ida Red Ln922$388,2221,299 Sq.Ft.10/17/2018Idema Dr2043$994,1002,473 Sq.Ft.8/23/2024Imperial Dr1932$390,4211,643 Sq.Ft.9/13/2023Indiana Ave8732$232,8541,626 Sq.Ft.5/15/2025Indian Creek Dr722$287,143954 Sq.Ft.4/5/2024Indian Creek Rdg643$610,5002,721 Sq.Ft.6/11/2014Indian Mill Creek Dr1144$689,1823,159 Sq.Ft.11/6/2020Indian Ridge Dr1942$410,7371,593 Sq.Ft.4/18/2025Indian Trl1443$1,583,1433,087 Sq.Ft.8/31/2021Industrial Dr2N/AN/AN/A278,832 Sq.Ft.N/AInlet Pl1021$223,700872 Sq.Ft.3/3/2025Innes St14431$329,3311,421 Sq.Ft.6/2/2025Innovation Ct1N/AN/AN/A30,904 Sq.Ft.12/7/2022Innwood Dr5742$347,8421,663 Sq.Ft.1/10/2025International Pkwy4N/AN/AN/A98,010 Sq.Ft.9/23/2024Interurban Ave6N/AN/A$511,0004,480 Sq.Ft.N/AInverness Rd3832$496,9441,910 Sq.Ft.6/20/2024Ionia Ave24931$270,6878,475 Sq.Ft.4/23/2025Ipswich Dr3432$297,4241,085 Sq.Ft.8/30/2024Ira Ave3631$260,3891,054 Sq.Ft.5/23/2025Irene St1331$393,6921,319 Sq.Ft.6/19/2024Iris Pl321$249,667947 Sq.Ft.12/20/2024Ironwood Cir4522$302,2051,147 Sq.Ft.5/14/2025Ironwood Dr5832$355,9064,265 Sq.Ft.10/4/2024Iroquois Dr4842$618,4042,214 Sq.Ft.9/16/2024Isabella Ct351$179,0001,052 Sq.Ft.3/5/2021Ivanhoe Ave3032$395,9671,466 Sq.Ft.11/12/2024Ives Ave3131$263,6151,324 Sq.Ft.6/9/2023Ivy Dr3632$300,8331,339 Sq.Ft.1/24/2024Ivy Grove North1343$516,2311,674 Sq.Ft.5/30/2025Ivy Grove South1043$556,5001,891 Sq.Ft.7/8/2024Ivy Grove West743$563,4292,086 Sq.Ft.1/3/2019Jacksmith Ave1N/AN/AN/AN/AN/AJackson St7442$264,6111,886 Sq.Ft.2/9/2024James Ave6142$381,5542,411 Sq.Ft.4/19/2024Jamestown Ct532$361,6001,604 Sq.Ft.8/17/2021Jamestown Dr5132$367,1841,509 Sq.Ft.1/10/2025James Way Dr134$808,0003,554 Sq.Ft.10/1/1998Jane Elizabeth Dr643$665,8332,209 Sq.Ft.3/31/2021Janes Ave2331$306,9131,162 Sq.Ft.11/5/2024Janet St7521$218,466892 Sq.Ft.4/3/2025Jasmine Ave1832$424,3892,308 Sq.Ft.2/11/2025Jason Ave2143$573,3502,019 Sq.Ft.11/5/2024Jason Ridge Ct823$397,8751,143 Sq.Ft.10/7/2020Jason Ridge Ln2432$415,4581,323 Sq.Ft.5/20/2024Jasper Woods Trl232$641,0002,198 Sq.Ft.4/24/2023Jeanlin Dr2332$437,6961,477 Sq.Ft.2/1/2024Jeanola St1532$381,3331,408 Sq.Ft.10/19/2023Jean St6231$232,259984 Sq.Ft.4/15/2025Jefferson Ave43832$245,4922,640 Sq.Ft.6/2/2025Jefferson Dr6642$370,5541,972 Sq.Ft.1/10/2025Jeffrey St1332$359,1541,577 Sq.Ft.10/11/2024Jennette Ave15731$249,2551,367 Sq.Ft.5/9/2025Jennifer St39N/A1$293,133N/AN/AJennings St1731$276,4121,276 Sq.Ft.5/14/2025Jennydale Ct1643$706,6882,539 Sq.Ft.2/16/2024Jennydale Dr254$762,0002,337 Sq.Ft.4/6/2018Jeremy Dr743$550,2861,847 Sq.Ft.5/3/2019Jerome Ave9231$195,9561,083 Sq.Ft.5/30/2025Jessica St40N/A1$300,969N/AN/AJessie St821$241,1671,122 Sq.Ft.1/7/2022Jewelbrooke Dr1633$380,7501,653 Sq.Ft.8/17/2021Joan Ave432$376,2501,651 Sq.Ft.5/15/2023Jo Dean Ct1031$286,8001,093 Sq.Ft.2/25/2025Jodie Ct543$505,0001,825 Sq.Ft.6/25/2018Johnathan Ave2832$362,5711,416 Sq.Ft.9/20/2023Johnathan Ct1132$363,2731,419 Sq.Ft.10/25/2024John Ball Park Dr3041$289,3451,552 Sq.Ft.3/21/2025John C Ct443$362,7501,974 Sq.Ft.6/12/2024Johnson St3832$358,2503,684 Sq.Ft.8/31/2021John St293$1,674,0008,584 Sq.Ft.9/1/2016Johnston St7931$264,9211,266 Sq.Ft.4/23/2025Jonagold Dr3332$399,4691,572 Sq.Ft.10/20/2023Jones St2531$253,9601,160 Sq.Ft.2/1/2025Jonfield Ave1032$317,7001,552 Sq.Ft.3/21/2025Jonquil St1521$240,2501,410 Sq.Ft.1/29/2025Jordan St2221$207,318814 Sq.Ft.9/26/2024Joslin St5031$277,3401,154 Sq.Ft.4/30/2025Juanita Dr2532$343,4801,476 Sq.Ft.8/1/2023Ju Le On Dr842$336,8751,548 Sq.Ft.12/12/2018Jules Lillian Dr2843$689,6792,312 Sq.Ft.5/24/2024Julia St3231$259,7191,118 Sq.Ft.2/28/2025750 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
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
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
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
1141 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $231,000
Living Area 1,005 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-24-103-020
Neighborhood West Grand
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
945 College Ave NEGrand Rapids, MI 49503
Estimated Value $253,000
Living Area 1,577 SqFt
Beds 5
Baths 2
Year Built 1947
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-251-022
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1051 Alpine Ave NWGrand Rapids, MI 49504
Estimated Value $245,000
Living Area 2,112 SqFt
Beds 4
Baths 2
Year Built 1902
Property Type Single Family
Ownership Type Individual
APN 41-13-23-233-020
Neighborhood West Grand
School District Grand Rapids Public Schools
508 Crosby St NWGrand Rapids, MI 49504
Estimated Value $201,000
Living Area 762 SqFt
Beds 2
Baths 1
Year Built 1915
Property Type Single Family
Ownership Type Corporate
APN 41-13-13-383-003
Neighborhood West Grand
School District Grand Rapids Public Schools
108 National Ave NWGrand Rapids, MI 49504
Estimated Value $290,000
Living Area 1,311 SqFt
Beds 3
Baths 1.5
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-13-25-156-008
Neighborhood John Ball Park
School District Grand Rapids Public Schools
300 Morris Ave SEGrand Rapids, MI 49503
Estimated Value $650,000
Living Area 2,728 SqFt
Beds 5
Baths 1.5
Year Built 1917
Property Type Single Family
Ownership Type Individual
APN 41-14-30-452-011
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
940 Monroe Ave NW #405AGrand Rapids, MI 49503
Estimated Value $197,000
Living Area 430 SqFt
Beds 1
Baths 1
Year Built 1893
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-275
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
12 Deloney Ave SWGrand Rapids, MI 49504
Estimated Value $208,000
Living Area 956 SqFt
Beds 3
Baths 1
Year Built 1880
Property Type Single Family
Ownership Type Multiple
APN 41-13-26-428-003
Neighborhood John Ball Park
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
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
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