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
Morewood Dr3832$341,1841,553 Sq.Ft.4/17/2024Morgan St2231$244,3181,308 Sq.Ft.2/24/2025Morley Ave1632$295,1881,139 Sq.Ft.11/10/2023Morning Glory St1731$272,1181,123 Sq.Ft.2/27/2025Morningside Dr10932$463,0281,932 Sq.Ft.2/28/2025Morris Ave9243$628,5002,891 Sq.Ft.4/22/2025Mound Ave931$316,1111,504 Sq.Ft.4/6/2021Mountain Ash Ave3631$355,0831,618 Sq.Ft.5/28/2025Mountain Ash Dr1532$445,9331,726 Sq.Ft.10/12/2023Mount Mercy Dr2632$377,3601,809 Sq.Ft.4/29/2021Mount Vernon Ave13N/AN/AN/A4,400 Sq.Ft.1/9/2004Mourning Dove Ct633$468,6671,436 Sq.Ft.7/17/2024Mourning Dove Dr131$213,000N/AN/AMuirfield Ct943$781,1112,756 Sq.Ft.5/15/2018Mulberry Ave2N/AN/A$268,000N/A6/16/1997Mulford Ct753$517,4292,566 Sq.Ft.2/24/2022Mulford Dr15632$317,8721,420 Sq.Ft.5/30/2025Mullins Ave6732$325,7501,422 Sq.Ft.11/15/2024Mullins Ct8N/AN/AN/A23,203 Sq.Ft.2/19/2025Murdock Woods Ct343$447,0001,812 Sq.Ft.N/AMurray St12321$225,9921,021 Sq.Ft.5/27/2025Muskegon Ave12342$248,6841,823 Sq.Ft.4/29/2025Mustang Ct432$349,7502,156 Sq.Ft.3/4/2016Myrtle St14031$252,8962,135 Sq.Ft.5/27/2025Mystic Oak Ct544$1,306,2006,199 Sq.Ft.8/27/2020Mystic Ridge Ct454$1,266,0005,265 Sq.Ft.3/8/2021Nagold St3432$241,5001,606 Sq.Ft.5/9/2025Nancy St6931$227,2031,017 Sq.Ft.5/13/2025Nantucket Dr132$397,0001,963 Sq.Ft.7/24/2003Nason St1431$258,5002,153 Sq.Ft.2/18/2013Nathan Dr1222$241,750915 Sq.Ft.3/19/2025National Ave13442$273,0081,761 Sq.Ft.3/19/2025Nature View Dr1732$379,8751,420 Sq.Ft.11/19/2024Naylor St4641$216,0891,489 Sq.Ft.8/13/2024N Cross Creek Ct122$371,0001,430 Sq.Ft.6/21/2012N Cross Creek Dr222$365,0001,474 Sq.Ft.11/15/2024Needham Ct1432$296,6431,159 Sq.Ft.5/16/2025Negaunee Dr1532$500,8671,913 Sq.Ft.10/4/2024Neland Ave7431$229,6671,480 Sq.Ft.3/4/2025Nelson Ave11132$249,3042,190 Sq.Ft.4/9/2025Nettlesworth Way644$862,3332,942 Sq.Ft.4/3/2024Nevada St4731$309,5741,293 Sq.Ft.5/30/2025Newark Ave6831$228,2132,556 Sq.Ft.5/2/2025New Ave952$234,3751,787 Sq.Ft.6/15/2022Newberg Ave2631$315,1541,209 Sq.Ft.5/9/2023Newberry Ln1632$271,313991 Sq.Ft.12/5/2023Newberry St1932$388,3331,524 Sq.Ft.8/2/2024Newcastle Dr10032$326,1001,469 Sq.Ft.5/23/2025Newhaven Ct1132$374,6361,625 Sq.Ft.4/7/2023Newhouse Ave2N/AN/A$280,000N/A7/26/1994New Moon Ave9N/A1$253,000N/AN/ANewton Ave2842$375,3571,489 Sq.Ft.9/6/2023New Town Dr6233$454,1131,464 Sq.Ft.4/25/2025Niagara Ave1831$223,0561,174 Sq.Ft.2/23/2022Nickels Dr1532$387,0671,907 Sq.Ft.6/28/2024Nicole Ct1043$503,1002,131 Sq.Ft.4/24/2023Nicole Dr933$516,6671,916 Sq.Ft.7/5/2024Nightingale Dr531$213,000N/AN/ANipawin Ct753$456,7142,972 Sq.Ft.2/1/2019Nippon Dr742$343,4291,687 Sq.Ft.3/1/2023Nixon Ave2132$340,6001,570 Sq.Ft.11/17/2023Noble St2931$247,5521,396 Sq.Ft.11/19/2024Nokomis Dr332$363,6671,228 Sq.Ft.3/10/2021Nolan Ave5243$409,7251,821 Sq.Ft.9/10/2024Nolview St643$476,8331,898 Sq.Ft.11/8/2024Nora St7131$229,254987 Sq.Ft.8/27/2024Norbert St731$252,5711,187 Sq.Ft.5/10/2022Nordberg Ave4332$353,1671,451 Sq.Ft.10/3/2024Norfolk Rd1431$330,5381,170 Sq.Ft.3/6/2025Norman Dr7342$273,1131,680 Sq.Ft.4/25/2025North Ave13831$235,8102,002 Sq.Ft.5/7/2025Northbend Dr2722$404,4441,344 Sq.Ft.7/20/2022Northboro Ct2443$501,9172,076 Sq.Ft.7/13/2022Northbury Ct1133$384,6361,836 Sq.Ft.2/12/2024Northern Dr11N/AN/AN/A7,418 Sq.Ft.7/6/2016Northfield Ave1974$501,8334,526 Sq.Ft.8/1/2024Northgate St5031$290,7141,669 Sq.Ft.4/14/2025Northland Dr26N/AN/AN/AN/A4/29/2015Northlawn St11331$287,6161,191 Sq.Ft.5/21/2025North Ottillia St421$258,0001,106 Sq.Ft.5/23/2014Northpointe Dr1233$680,1822,321 Sq.Ft.4/27/2021Northridge Dr8744$491,00065,354 Sq.Ft.3/16/2023Northrup Ave6431$342,2421,546 Sq.Ft.3/4/2025North Saxony Dr122$190,0001,190 Sq.Ft.1/21/2022Northshire Ave354$1,530,6673,387 Sq.Ft.6/16/2021Northview Ave3643$427,0002,501 Sq.Ft.12/26/2024Northview Ct543$412,0002,173 Sq.Ft.1/3/2024Northville Dr12132$349,2872,053 Sq.Ft.4/25/2025Northway Dr1732$307,9411,276 Sq.Ft.6/9/2023Northwood St5731$332,7721,381 Sq.Ft.12/23/2024Norton Ct1N/AN/A$383,000N/A3/27/1991Norwalk Ct643$432,0002,138 Sq.Ft.6/8/2017Norwalk Dr4532$352,4441,766 Sq.Ft.3/22/2024Norway Pine Dr1943$405,4741,953 Sq.Ft.5/29/2025Norway St6632$251,4091,613 Sq.Ft.2/14/2025Norwich Ave6031$204,1931,237 Sq.Ft.1/4/2025Norwood Ave8042$381,9251,587 Sq.Ft.5/14/2025Nottingham Dr1342$398,7691,515 Sq.Ft.7/24/2023Nottinghill Ct1655$1,645,8753,974 Sq.Ft.3/1/2022Oak Arbor1833$844,7223,074 Sq.Ft.11/8/2024506 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
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
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
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
1044 California St NWGrand Rapids, MI 49504
Estimated Value $309,000
Living Area 1,620 SqFt
Beds 3
Baths 1.5
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 41-13-26-256-030
Neighborhood John Ball Park
School District Grand Rapids Public Schools
111 Logan St SEGrand Rapids, MI 49503
Estimated Value $520,000
Living Area 1,508 SqFt
Beds 2
Baths 2.5
Year Built 2015
Property Type Condominium
Ownership Type Individual
APN 41-14-31-111-005
Neighborhood Southeast Community / SECA
School District Grand Rapids Public Schools
545 Fountain St NEGrand Rapids, MI 49503
Estimated Value $564,000
Living Area 2,749 SqFt
Beds 4
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-252-049
Neighborhood Heritage Hill
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
1036 Mcreynolds Ave NWGrand Rapids, MI 49504
Estimated Value $224,000
Living Area 1,344 SqFt
Beds 3
Baths 1.5
Year Built 1920
Property Type Single Family
Ownership Type Corporate
APN 41-13-24-105-006
Neighborhood West Grand
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
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
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
715 Pat Ave NWGrand Rapids, MI 49504
Estimated Value $261,000
Living Area 952 SqFt
Beds 3
Baths 1
Year Built 1968
Property Type Single Family
Ownership Type Individual
APN 41-13-23-406-012
Neighborhood West Grand
School District Grand Rapids Public Schools
940 Monroe Ave NW #202Grand Rapids, MI 49503
Estimated Value $340,000
Living Area 1,088 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-057
Neighborhood Belknap Lookout
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
911 North Ave NE #1Grand Rapids, MI 49503
Estimated Value $165,000
Living Area 734 SqFt
Beds 2
Baths 1
Year Built 1983
Property Type Condominium
Ownership Type Corporate
APN 41-14-19-185-016
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools