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
Meadowbrook Dr3142$499,8392,086 Sq.Ft.5/30/2024Meadow Creek Dr1033$454,3001,524 Sq.Ft.11/9/2023Meadowdale Dr2233$575,5452,428 Sq.Ft.8/5/2022Meadowfield Dr2332$505,9572,171 Sq.Ft.3/11/2021Meadowglen Dr3632$355,2221,132 Sq.Ft.9/30/2024Meadow Grove Dr5943$539,2412,549 Sq.Ft.11/14/2024Meadowgrove Ln1043$533,1002,586 Sq.Ft.8/29/2022Meadow Lake Ct832$379,8751,703 Sq.Ft.11/1/2019Meadow Lake Dr3732$374,8111,541 Sq.Ft.7/22/2024Meadowlane Dr6531$312,9851,255 Sq.Ft.5/23/2025Meadowlawn Dr2432$358,5651,487 Sq.Ft.3/27/2025Meadowood Trail Ct754$647,0002,890 Sq.Ft.8/12/2024Meadowood Trail Dr1443$699,5002,766 Sq.Ft.10/11/2023Meadows Ct1453$732,0712,747 Sq.Ft.7/22/2021Meadows Dr2333$523,7391,945 Sq.Ft.10/26/2023Meadowvale Dr233$430,5001,427 Sq.Ft.5/9/2022Meadow Valley Ct1133$505,4552,045 Sq.Ft.7/28/2023Meadow Way St532$444,8001,795 Sq.Ft.7/21/2023Meadow Woods Dr3432$439,5591,507 Sq.Ft.1/2/2025Medical Park Dr5N/AN/AN/A42,563 Sq.Ft.2/14/2020Medina Ct754$860,1433,199 Sq.Ft.10/5/2023Meerse St2631$208,833973 Sq.Ft.4/21/2025Megan Ct1633$361,1251,355 Sq.Ft.5/31/2024Melbourne St2731$247,5381,030 Sq.Ft.8/16/2024Melita Ave3031$268,2331,115 Sq.Ft.4/4/2025Melody Ct1032$315,0001,584 Sq.Ft.4/21/2025Melrose Ct232$383,5001,361 Sq.Ft.2/12/2019Melville St242$239,5002,519 Sq.Ft.10/5/2012Menominee Dr2242$473,1821,961 Sq.Ft.4/16/2025Mercer Dr1344$1,549,9233,294 Sq.Ft.12/17/2024Merlin Ct542$329,8001,416 Sq.Ft.4/30/2024Merlin St1842$331,3891,266 Sq.Ft.8/3/2022Merrifield St9431$248,6601,035 Sq.Ft.6/2/2025Merrill Ave2931$212,172912 Sq.Ft.2/5/2025Merrimack Way2332$365,3041,465 Sq.Ft.4/9/2025Merrimont Ct1333$371,6151,373 Sq.Ft.10/31/2024Merritt St9531$234,4351,017 Sq.Ft.5/7/2025Mesa Verde Ct2643$465,3602,226 Sq.Ft.4/28/2025Metry Ct542$360,0002,490 Sq.Ft.12/18/2024Michigan Pl542$310,6001,516 Sq.Ft.11/22/2016Michigan St42532$452,6339,034 Sq.Ft.12/27/2024Mick Ave6831$270,4411,054 Sq.Ft.2/27/2025Middleboro Dr1633$830,7502,935 Sq.Ft.5/16/2025Middleboro Ln1033$898,4003,295 Sq.Ft.2/21/2025Middlebrook Ave943$814,5562,422 Sq.Ft.12/16/2022Middlebury Ct1632$374,8751,746 Sq.Ft.7/30/2019Middlebury Dr3732$389,9731,881 Sq.Ft.5/31/2023Middlegate Dr523$487,6002,046 Sq.Ft.3/26/2024Middleground Dr1443$584,7692,195 Sq.Ft.7/6/2023Midland Dr4143$671,9022,367 Sq.Ft.2/13/2025Midtowne St2N/AN/AN/A109,482 Sq.Ft.N/AMidvale St2232$417,3641,749 Sq.Ft.5/30/2025Mildred Ave12231$304,1391,173 Sq.Ft.3/31/2025Milford St2832$348,7861,447 Sq.Ft.6/28/2024Millbank St8832$350,8181,698 Sq.Ft.12/30/2024Millbrook St9332$342,3121,656 Sq.Ft.3/31/2025Mill Creek Ave2N/AN/AN/A3,614 Sq.Ft.N/AMillennium View Ct844$673,1252,660 Sq.Ft.11/29/2023Miller Ave2532$289,9581,728 Sq.Ft.3/26/2025Millhaven Dr2732$314,9631,162 Sq.Ft.2/21/2025Mill Point Ct1522$421,2001,553 Sq.Ft.3/11/2025Mill Point Dr1932$417,4741,565 Sq.Ft.1/3/2025Millpond Dr843$616,0002,148 Sq.Ft.5/29/2024Milo St2332$309,8951,384 Sq.Ft.9/19/2024Milton St3632$390,0831,693 Sq.Ft.11/26/2024Milwaukee Ave2831$225,0001,495 Sq.Ft.4/9/2025Mindarca Dr732$554,2502,373 Sq.Ft.6/28/2024Miracle Ln344$298,0002,780 Sq.Ft.4/25/2025Miramar Ave13432$290,9481,465 Sq.Ft.5/19/2025Mission Hills Ct343$720,3332,898 Sq.Ft.4/21/2017Mission Hills Dr2243$678,2732,408 Sq.Ft.12/20/2024Mission St2443$451,1252,100 Sq.Ft.10/28/2024Misty Creek Dr1232$335,9171,342 Sq.Ft.5/19/2025Misty Lane Ct643$479,6672,042 Sq.Ft.12/4/2020Model Ct4N/AN/AN/A42,585 Sq.Ft.3/30/2020Modoc Trl922$208,7781,085 Sq.Ft.5/9/2022Moelker Ave2331$311,1741,318 Sq.Ft.10/4/2021Moerland Ct1042$383,5001,770 Sq.Ft.3/8/2021Moerland Dr2232$413,5001,652 Sq.Ft.2/24/2025Mohler St2342$385,2171,642 Sq.Ft.4/12/2024Monarch Dr1143$852,8182,334 Sq.Ft.5/11/2022Monique Dr932$377,0001,386 Sq.Ft.5/30/2024Monroe Ave58121$325,4037,876 Sq.Ft.5/19/2025Monroe Center St15322$501,5735,053 Sq.Ft.1/31/2025Montclair Ave722$326,3331,252 Sq.Ft.11/22/2024Montebello St7431$253,4791,130 Sq.Ft.5/16/2025Monte Carlo Ct3422$210,206910 Sq.Ft.10/8/2024Monterey Dr1043$1,262,8002,964 Sq.Ft.12/11/2024Monterey Hills Dr1343$873,0002,729 Sq.Ft.7/11/2022Montgomery St1731$191,1251,299 Sq.Ft.4/4/2025Monticello Dr1732$402,1181,619 Sq.Ft.5/13/2022Mont Katnich Ct744$1,067,5713,637 Sq.Ft.8/9/2024Montreat Ct632$374,1671,374 Sq.Ft.9/30/2020Montreat Dr1332$364,7691,380 Sq.Ft.8/9/2024Montrose St3031$260,7671,061 Sq.Ft.5/9/2025Mont Rue Dr3543$775,3142,659 Sq.Ft.3/24/2025Montvale Dr343$566,0003,193 Sq.Ft.N/AMooring Heights Ct1254$672,5002,839 Sq.Ft.5/18/2021More St232$207,0001,100 Sq.Ft.11/20/2015Morewood Ct732$350,4291,553 Sq.Ft.7/30/2019943 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
740 Clancy Ave NEGrand Rapids, MI 49503
Estimated Value $269,000
Living Area 1,315 SqFt
Beds 2
Baths 2
Year Built 2019
Property Type Residential Vacant Land
Ownership Type Corporate
APN 41-14-19-327-009
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
629 Lafayette Ave NEGrand Rapids, MI 49503
Estimated Value $203,000
Living Area 1,214 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-333-025
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
437 Shirley St NEGrand Rapids, MI 49503
Estimated Value $214,000
Living Area 968 SqFt
Beds 3
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-14-19-253-020
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1104 Cora St NWGrand Rapids, MI 49504
Estimated Value $242,000
Living Area 893 SqFt
Beds 3
Baths 1
Year Built 1941
Property Type Single Family
Ownership Type Individual
APN 41-13-23-262-007
Neighborhood West Grand
School District Grand Rapids Public Schools
512 Lyon St NE #2Grand Rapids, MI 49503
Estimated Value $361,000
Living Area 770 SqFt
Beds 1
Baths 1
Year Built 1919
Property Type Condominium
Ownership Type Multiple
APN 41-14-30-257-007
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
940 Monroe Ave NW #303Grand Rapids, MI 49503
Estimated Value $414,000
Living Area 1,403 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Trust
APN 41-13-24-285-113
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
152 Prospect Ave NEGrand Rapids, MI 49503
Estimated Value $528,000
Living Area 3,750 SqFt
Beds 3
Baths 2.5
Year Built 1870
Property Type Single Family
Ownership Type Individual
APN 41-14-30-181-007
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
919 California St NWGrand Rapids, MI 49504
Estimated Value $193,000
Living Area 698 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 41-13-26-278-032
Neighborhood John Ball Park
School District Grand Rapids Public Schools
1055 Broadway Ave NWGrand Rapids, MI 49504
Estimated Value $274,000
Living Area 1,936 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-24-129-043
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
1013 Veto St NWGrand Rapids, MI 49504
Estimated Value $286,000
Living Area 1,440 SqFt
Beds 4
Baths 2
Year Built 1926
Property Type Single Family
Ownership Type Trust
APN 41-13-26-256-025
Neighborhood John Ball Park
School District Grand Rapids Public Schools
923 Walker Ave NWGrand Rapids, MI 49504
Estimated Value $184,000
Living Area 648 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-23-282-014
Neighborhood West Grand
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
835 Davis Ave NWGrand Rapids, MI 49504
Estimated Value $251,000
Living Area 1,843 SqFt
Beds 4
Baths 2
Year Built 1875
Property Type Single Family
Ownership Type Corporate
APN 41-13-24-156-018
Neighborhood West Grand
School District Grand Rapids Public Schools