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
Julivan Ave2421$242,875914 Sq.Ft.1/28/2025Jumping Jack Ct343$693,0002,424 Sq.Ft.6/9/2020Juneberry Ave1932$348,3161,539 Sq.Ft.5/9/2025June Grass Ct453$897,5003,359 Sq.Ft.7/15/2016Junior Rd531$300,2001,127 Sq.Ft.8/9/2022Jupiter Ave4332$330,0511,508 Sq.Ft.4/4/2024Justin Ave1032$296,7001,197 Sq.Ft.12/14/2021Kalamazoo Ave60132$276,5014,584 Sq.Ft.5/14/2025Kamp Valley Ct1143$683,0912,365 Sq.Ft.4/10/2025Kara Ave643$510,1671,900 Sq.Ft.7/1/2020Karen Ave1531$245,267967 Sq.Ft.10/10/2022Kate Ave833$476,3751,954 Sq.Ft.9/20/2024Katherine Dr2931$291,6211,123 Sq.Ft.11/18/2022Katie Dr1432$510,3082,070 Sq.Ft.11/21/2024Katrina Dr5731$287,6841,011 Sq.Ft.12/23/2024Kay Dr3622$282,750968 Sq.Ft.5/7/2025Kearney Dr1732$361,1761,511 Sq.Ft.8/13/2024Keena Ct2633$676,4232,471 Sq.Ft.2/23/2024Keeweenaw Dr4242$470,4762,002 Sq.Ft.11/5/2024Kelekent Ave7731$256,9351,125 Sq.Ft.2/21/2024Kellogg St3343$404,3132,309 Sq.Ft.8/15/2023Kellogg Woods Dr2N/AN/AN/A113,818 Sq.Ft.8/11/2016Kellogg Woods Park Dr3N/AN/AN/A54,328 Sq.Ft.3/22/2016Kelsey St10031$305,3001,195 Sq.Ft.5/29/2025Ken Ade St1232$292,8331,089 Sq.Ft.1/30/2025Kenan Ave1831$317,0561,201 Sq.Ft.9/30/2024Kendall St5032$332,4892,190 Sq.Ft.4/22/2025Kendalwood Ct631$268,0001,034 Sq.Ft.10/25/2023Kendalwood St5631$293,8211,153 Sq.Ft.5/7/2025Kendrick Ct2N/AN/AN/A31,785 Sq.Ft.12/10/2007Kendrick St9N/AN/AN/A57,118 Sq.Ft.12/23/2015Keneberry Way2132$472,0001,479 Sq.Ft.2/28/2024Kenesaw Dr3732$477,7571,403 Sq.Ft.5/15/2025Kenmoor Ave3932$361,35017,448 Sq.Ft.3/31/2025Kennilworth Dr1032$344,6001,133 Sq.Ft.3/19/2025Kenning Rd1331$305,0771,231 Sq.Ft.5/10/2024Ken O Par Dr232$344,0001,676 Sq.Ft.1/12/2017Ken O Sha Dr4132$278,4141,505 Sq.Ft.5/30/2025Ken O Sha Ind Park Ct5N/AN/AN/A15,317 Sq.Ft.3/15/2012Ken O Sha Ind Park Dr17N/AN/AN/A26,350 Sq.Ft.6/23/2020Kenowa Ave17432$436,7731,862 Sq.Ft.6/3/2025Kenrob Ct543$709,8002,533 Sq.Ft.10/23/2019Kenrob Dr4743$775,9332,602 Sq.Ft.11/27/2024Kensboro Ave2031$299,0531,166 Sq.Ft.5/9/2025Kensington Ave6131$206,3501,087 Sq.Ft.4/26/2024Kensington St6822$357,2541,256 Sq.Ft.8/30/2024Kent Blvd2032$423,3001,875 Sq.Ft.6/28/2024Kent Hills Rd2442$491,6672,672 Sq.Ft.10/9/2024Kentland Ct4N/AN/AN/A6,393 Sq.Ft.7/15/2021Kenton St5031$269,8601,188 Sq.Ft.5/5/2025Kentridge Dr8132$373,6541,762 Sq.Ft.3/28/2025Kentucky Ave531$318,8001,293 Sq.Ft.11/17/2023Kentview Dr3832$344,7891,650 Sq.Ft.10/31/2024Kentwood St4331$285,6741,237 Sq.Ft.6/3/2025Kenwood St4631$268,5221,170 Sq.Ft.9/20/2024Kerwin St1N/A1$291,0001,001 Sq.Ft.3/13/1991Kewadin Dr2042$321,6001,706 Sq.Ft.12/30/2024Keyhill Ave2732$346,1851,272 Sq.Ft.2/28/2025Key Line Industrial Dr1N/AN/AN/A8,300 Sq.Ft.7/6/2016Keyton Ct644$633,5002,367 Sq.Ft.5/10/2022Kilmer St5332$610,9561,827 Sq.Ft.7/30/2024Kimball Ave9832$334,9391,662 Sq.Ft.12/16/2024Kimberly Ct1521$330,1331,257 Sq.Ft.10/15/2018Kimberly Dr2832$332,4641,361 Sq.Ft.4/14/2025Kingbridge Ter1233$259,9171,617 Sq.Ft.7/17/2024King Ct3N/AN/AN/A1,078 Sq.Ft.N/AKingsbury St2732$315,5381,329 Sq.Ft.5/29/2025Kings Row Ct2332$402,5651,848 Sq.Ft.11/1/2022Kings Row Dr1733$415,4121,738 Sq.Ft.8/21/2023Kingston Dr1733$398,3532,097 Sq.Ft.8/27/2020Kingsway Ct1943$449,2632,139 Sq.Ft.10/26/2021Kingswood Dr1843$653,4442,069 Sq.Ft.2/9/2024Kinney Ave26632$330,5672,087 Sq.Ft.5/28/2025Kinnrow Ave5043$510,1402,053 Sq.Ft.4/10/2024Kinnrow Ct1554$505,6002,189 Sq.Ft.6/2/2023Kinview St2543$484,9201,797 Sq.Ft.1/13/2023Kirk Ct1233$474,0831,685 Sq.Ft.8/14/2020Kirk Dr4632$372,0431,376 Sq.Ft.10/8/2021Kirkshire Dr2332$339,2171,591 Sq.Ft.5/14/2025Kirtland St7032$220,4144,261 Sq.Ft.4/2/2025Kitzbuhl Ct643$811,0002,552 Sq.Ft.11/26/2018Kiverton Ridge Dr6242$410,3451,944 Sq.Ft.10/7/2024Kleyla Dr1031$219,4001,120 Sq.Ft.N/AKloet St432$294,00010,290 Sq.Ft.7/24/2003Knapp Bluff Ct7N/AN/AN/AN/AN/AKnapp Bluff Dr24N/A2N/A2,398 Sq.Ft.N/AKnapp Ct2842$512,5381,783 Sq.Ft.10/11/2024Knapp Forest Ct943$739,2222,017 Sq.Ft.4/12/2022Knapp St38332$355,1413,047 Sq.Ft.5/30/2025Knapp Valley Ct533$774,4002,035 Sq.Ft.6/7/2024Knapp Valley Dr1843$646,7652,312 Sq.Ft.2/21/2023Knightsbridge Rd5822$244,6211,054 Sq.Ft.5/9/2025Knob Hill Dr1743$489,0592,618 Sq.Ft.6/3/2025Knollcrest Cir1N/AN/AN/AN/AN/AKnoll Pond Dr2N/AN/AN/AN/AN/AKoinonia Ct833$708,6252,748 Sq.Ft.7/27/2023Koinonia Dr2833$664,0362,454 Sq.Ft.4/25/2025Kommer Ct1032$372,4001,257 Sq.Ft.12/5/2024Konkle Dr1N/AN/AN/AN/AN/AKozy Kove833$446,3751,674 Sq.Ft.5/21/2021315 Fairbanks St NEGrand Rapids, MI 49503
Estimated Value $266,000
Living Area 1,148 SqFt
Beds 3
Baths 1
Year Built 1885
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-330-010
Neighborhood Belknap Lookout
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
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
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
335 Bridge St NW #2301Grand Rapids, MI 49504
Estimated Value $504,000
Living Area 1,495 SqFt
Beds 2
Baths 2
Year Built 2007
Property Type Condominium
Ownership Type Multiple
APN 41-13-24-453-059
Neighborhood John Ball Park
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
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
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
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
523 Lafayette Ave SEGrand Rapids, MI 49503
Estimated Value $267,000
Living Area 1,289 SqFt
Beds 3
Baths 1.5
Year Built 1977
Property Type Single Family
Ownership Type Individual
APN 41-14-31-130-064
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
600 Broadway Ave NW #311Grand Rapids, MI 49504
Estimated Value $318,000
Living Area 833 SqFt
Beds 2
Baths 1
Year Built 1900
Property Type Condominium
Ownership Type Individual
APN 41-13-24-335-086
Neighborhood West Grand
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
933 California St NWGrand Rapids, MI 49504
Estimated Value $232,000
Living Area 938 SqFt
Beds 3
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 41-13-26-278-029
Neighborhood John Ball Park
School District Grand Rapids Public Schools
141 Prospect Ave NEGrand Rapids, MI 49503
Estimated Value $685,000
Living Area 2,556 SqFt
Beds 4
Baths 1
Year Built 1920
Property Type Apt House 5+ Units
Ownership Type Corporate
APN 41-14-30-180-006
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
1001 Lake Michigan Dr NWGrand Rapids, MI 49504
Estimated Value $323,000
Living Area 1,613 SqFt
Beds 3
Baths 1.5
Year Built 1950
Property Type Single Family
Ownership Type Corporate
APN 41-13-26-252-023
Neighborhood John Ball Park
School District Grand Rapids Public Schools