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
Kraft Ave9532$346,26152,828 Sq.Ft.3/28/2025Krakow Pl821$196,500931 Sq.Ft.5/15/2024Kreft St2532$311,9171,538 Sq.Ft.4/11/2024Kreiser St2731$340,6541,259 Sq.Ft.2/7/2025Kreiser Ter1932$346,5261,019 Sq.Ft.11/14/2024Krislin Dr2822$401,2501,348 Sq.Ft.2/14/2025Kropf St8N/A1$253,250N/AN/AKruppvilla Dr843$563,5002,065 Sq.Ft.10/28/2017Krystal Ct933$584,5561,841 Sq.Ft.10/23/2023Krystal Kove1232$400,1671,575 Sq.Ft.4/16/2025Kusterer Dr5531$284,7451,173 Sq.Ft.5/16/2025La Belle St4132$225,3751,721 Sq.Ft.10/16/2024La Casa Ct1532$324,8671,511 Sq.Ft.10/24/2023Lafayette Ave63332$304,7562,176 Sq.Ft.5/20/2025Lago Ln1N/A3$1,267,0005,102 Sq.Ft.12/17/1993La Grave Ave5242$373,8335,138 Sq.Ft.6/7/2024Lake Birch Ct843$1,027,8752,444 Sq.Ft.2/21/2024Lake Birch St3154$1,403,3233,271 Sq.Ft.5/19/2025Lake Ct143$591,0001,963 Sq.Ft.6/19/2014Lake Dr37842$654,3674,120 Sq.Ft.4/17/2025Lake Eastbrook Blvd29N/A1N/A19,325 Sq.Ft.4/8/2024Lake Edge Ln244$1,257,0003,148 Sq.Ft.2/12/2025Lake Grove Ave6032$572,3501,603 Sq.Ft.2/5/2025Lakehurst St1142$350,8181,817 Sq.Ft.7/16/2021Lake Michigan Dr61532$330,1036,636 Sq.Ft.4/16/2025Lake Pointe Dr443$1,290,0002,820 Sq.Ft.7/24/2014Lakeside Dr17432$851,8793,779 Sq.Ft.5/27/2025Lakeview Dr1333$756,1672,366 Sq.Ft.8/28/2024Lakewood Dr832$635,8752,128 Sq.Ft.5/14/2025Lamac Dr843$567,8751,918 Sq.Ft.7/23/2020Lamberton Creek Ct732$604,7141,817 Sq.Ft.12/21/2023Lamberton Creek Ln2532$557,0421,787 Sq.Ft.2/15/2024Lamberton Lake Dr3032$356,5381,688 Sq.Ft.12/24/2021Lamberton St5032$286,9201,347 Sq.Ft.3/10/2025Lamont Ave7032$323,8991,362 Sq.Ft.12/13/2024Lamont Ct1543$415,0001,565 Sq.Ft.12/10/2024Lamppost Cir2133$1,017,0483,037 Sq.Ft.4/25/2025Lancashire Ct1443$343,1542,009 Sq.Ft.4/7/2025Lancashire Dr2231$298,8181,341 Sq.Ft.9/28/2023Lancaster Ave2631$290,6001,138 Sq.Ft.1/26/2023Lanco Ct332$490,6672,337 Sq.Ft.8/31/2021Lanco Dr1332$429,4622,095 Sq.Ft.12/1/2023Lane Ave9431$238,1301,528 Sq.Ft.1/9/2025Langdon Ave2331$278,3911,208 Sq.Ft.5/27/2025Langley Ct1621$171,188938 Sq.Ft.4/1/2025Langley St3432$316,6671,578 Sq.Ft.9/26/2024Langlois Dr1843$583,7222,156 Sq.Ft.7/1/2024Lankamp St3431$287,0591,258 Sq.Ft.5/31/2023Lansing St732$909,1432,120 Sq.Ft.5/23/2025Lantana Ct832$362,3751,343 Sq.Ft.8/2/2022Lantana Dr3642$361,4121,588 Sq.Ft.2/26/2025Laraway Lake Dr6133$647,0002,041 Sq.Ft.12/19/2024Laraway Ln1133$706,2732,737 Sq.Ft.2/5/2024Laraway Ridge Dr233$515,0001,783 Sq.Ft.7/17/2020Lark Ln332$308,6671,500 Sq.Ft.8/11/2020Larkspur Ave1531$329,2001,284 Sq.Ft.5/17/2024Larkwood Dr1632$348,6001,664 Sq.Ft.7/1/2022Larry St1031$299,8001,182 Sq.Ft.4/28/2023Lasalette Dr333$551,3331,571 Sq.Ft.2/28/2020Lasalle Ave4532$337,7211,624 Sq.Ft.4/18/2025La Salle St3N/AN/AN/A288 Sq.Ft.8/3/1992Lauderdale Ave1532$362,7331,375 Sq.Ft.3/22/2024Laughlin Dr4031$289,6671,191 Sq.Ft.11/21/2024Laurel Ave4642$576,2001,943 Sq.Ft.3/11/2025Laurel Cir655$2,648,1674,934 Sq.Ft.7/29/2014Laurel St752$232,4291,823 Sq.Ft.12/11/2019Laurelwood Ct3222$258,938827 Sq.Ft.4/24/2025Lauren Ln1632$519,5001,803 Sq.Ft.9/13/2024Lavon Pl1N/AN/AN/AN/AN/ALawncrest Ct1632$434,2501,439 Sq.Ft.8/8/2024Lawncrest Dr2832$422,1071,409 Sq.Ft.1/8/2024Lawndale Ave4731$370,0431,381 Sq.Ft.7/26/2024Lawn St632$293,6671,160 Sq.Ft.4/18/2022Lawrence St2231$263,6361,034 Sq.Ft.9/18/2024Lawton Dr932$325,7501,699 Sq.Ft.8/31/2018Lazy Daze Ct922$373,6251,424 Sq.Ft.2/25/2022Leaning Oaks Dr644$844,6672,526 Sq.Ft.3/24/2014Learning Ln1N/AN/AN/A12,122 Sq.Ft.1/23/2015Ledgestone Pl3233$397,8751,656 Sq.Ft.4/18/2024Leelanau Dr2932$349,5931,946 Sq.Ft.2/27/2025Leffingwell Ave14432$413,2453,751 Sq.Ft.12/20/2024Legend Woods Ln943$1,153,1113,352 Sq.Ft.8/2/2021Leisure South Dr34622$191,202919 Sq.Ft.5/12/2025Leith St221$299,0001,036 Sq.Ft.4/8/2024Lemans Ct1422$215,714911 Sq.Ft.12/13/2024Lemyra St4931$235,1041,188 Sq.Ft.3/28/2025Lenawee Rd1142$466,7271,793 Sq.Ft.8/5/2020Lenora Ave2731$332,4071,393 Sq.Ft.7/19/2024Lenora Ter731$334,1431,299 Sq.Ft.9/30/2021Lenox Rd4332$451,9301,413 Sq.Ft.5/20/2025Lenwood Ln2343$551,3912,105 Sq.Ft.8/24/2020Leonard Ct1374$488,1113,703 Sq.Ft.2/16/2022Leonard Gdns132N/A1,352 Sq.Ft.3/12/2015Leonard St1,00332$346,7993,569 Sq.Ft.5/28/2025Leroy St4521$230,044972 Sq.Ft.4/23/2025Lester Dr4732$291,4681,552 Sq.Ft.5/20/2025Lettellier St3N/AN/AN/A31,561 Sq.Ft.N/ALewison Ave7431$276,1891,088 Sq.Ft.1/27/2025Lexington Ave7052$284,7763,085 Sq.Ft.3/24/2025Leyden Ave2831$262,0361,167 Sq.Ft.2/28/2025701 Atwood St NEGrand Rapids, MI 49503
Estimated Value $311,000
Living Area 1,684 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-14-30-279-027
Neighborhood Midtown
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
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
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
940 Monroe Ave NW #323Grand Rapids, MI 49503
Estimated Value $344,000
Living Area 985 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-130
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
128 Gold Ave SWGrand Rapids, MI 49504
Estimated Value $214,000
Living Area 1,073 SqFt
Beds 4
Baths 2
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-13-25-307-008
Neighborhood John Ball Park
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
943 4th St NWGrand Rapids, MI 49504
Estimated Value $230,000
Living Area 999 SqFt
Beds 2
Baths 1
Year Built 1957
Property Type Single Family
Ownership Type Individual
APN 41-13-23-410-016
Neighborhood West Grand
School District Grand Rapids Public Schools
726 Coit Ave NEGrand Rapids, MI 49503
Estimated Value $357,000
Living Area 2,320 SqFt
Beds 6
Baths 2
Year Built 1892
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-326-010
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
727 Lockwood St NEGrand Rapids, MI 49503
Estimated Value $394,000
Living Area 1,698 SqFt
Beds 4
Baths 1
Year Built 1919
Property Type Single Family
Ownership Type Individual
APN 41-14-30-281-021
Neighborhood Midtown
School District Grand Rapids Public Schools
1069 Quarry Ave NWGrand Rapids, MI 49504
Estimated Value $266,000
Living Area 1,982 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-13-24-127-031
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
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
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
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
4 Trowbridge St NEGrand Rapids, MI 49503
Estimated Value $587,000
Living Area 2,347 SqFt
Beds 4
Baths 1
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 41-14-19-351-001
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools