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
Oak Bluff Dr843$640,0002,319 Sq.Ft.3/3/2021Oakbrook St2043$664,5502,430 Sq.Ft.9/16/2022Oakburn Ave342$471,3331,895 Sq.Ft.5/16/2019Oakcliff Dr4221$289,7801,069 Sq.Ft.8/28/2024Oak Creek Ct443$714,7502,620 Sq.Ft.11/12/2014Oakcrest Ct544$800,6003,035 Sq.Ft.7/17/2017Oakdale St14131$213,3281,760 Sq.Ft.4/24/2025Oakes St3332N/A20,900 Sq.Ft.2/13/2025Oakfield Ave432$293,0001,276 Sq.Ft.5/9/2024Oakgrove St1732$329,2941,359 Sq.Ft.8/17/2023Oak Harbor Dr353$688,0003,255 Sq.Ft.4/18/2025Oakhill St3941$210,9491,384 Sq.Ft.2/18/2025Oak Hollow Dr2633$740,6542,773 Sq.Ft.1/17/2025Oak Hollow Rd1143$607,5452,228 Sq.Ft.3/15/2024Oakhurst Ave7232$368,9581,589 Sq.Ft.4/4/2025Oak Industrial Dr41N/AN/AN/A61,804 Sq.Ft.6/26/2015Oakland Ave6542$213,5261,904 Sq.Ft.7/7/2023Oaklawn St13031$280,1691,159 Sq.Ft.1/30/2025Oakleaf Dr345$957,3334,234 Sq.Ft.N/AOakleigh Rd14032$408,9401,890 Sq.Ft.5/23/2025Oakleigh Woods Dr4733$516,7661,698 Sq.Ft.2/20/2025Oakley Pl1342$378,4171,964 Sq.Ft.11/4/2024Oakmont St454$781,5003,627 Sq.Ft.6/15/2021Oak Park Dr1763$522,6154,965 Sq.Ft.9/12/2022Oak Pointe Ct2544$1,131,5204,272 Sq.Ft.7/9/2021Oakridge Ct1633$541,8752,194 Sq.Ft.3/8/2022Oakridge Dr1822$312,4441,164 Sq.Ft.4/14/2025Oak Ridge Trl1243$848,9174,072 Sq.Ft.5/29/2024Oak River Ct1244$900,0833,399 Sq.Ft.6/17/2024Oak River Dr643$873,0003,989 Sq.Ft.8/17/2017Oak Terrace Ct743$573,8572,148 Sq.Ft.1/18/2019Oak Timbers Ct1843$805,9442,668 Sq.Ft.11/1/2021Oak Timbers Dr1654$840,0003,070 Sq.Ft.3/14/2025Oak Tree St1543$607,0672,382 Sq.Ft.9/20/2022Oakway Ct1732$412,0591,668 Sq.Ft.9/6/2023Oakwood Ave11932$338,9661,480 Sq.Ft.3/17/2025Oakwood Dr10343$838,3882,402 Sq.Ft.3/31/2025O Brien Rd14532$401,4321,727 Sq.Ft.11/15/2024Observatory Ave2932$385,8281,570 Sq.Ft.4/8/2025Ogden Ave2142$750,4761,966 Sq.Ft.9/22/2021Ohmann Ave131$340,0001,301 Sq.Ft.4/14/2023O Keefe Pl531$198,6001,133 Sq.Ft.6/10/2022Okemos Dr10842$496,1302,111 Sq.Ft.4/25/2025Old 28th St20N/AN/AN/A5,680 Sq.Ft.6/16/2021Old Dominion Ct1443$489,8572,307 Sq.Ft.6/11/2024Old Elm Dr13422$300,9631,213 Sq.Ft.4/18/2025Oldenburg Ct832$347,0001,086 Sq.Ft.4/10/2025Oldepointe Dr1243$459,1671,805 Sq.Ft.11/7/2024Olderidge Ct533$436,0001,840 Sq.Ft.3/4/2024Olderidge Dr3942$435,1031,770 Sq.Ft.2/26/2024Old Gate Rd1731$317,7061,476 Sq.Ft.1/6/2025Old Hawk Ct2343$864,4782,487 Sq.Ft.12/29/2021Old Kent Rd3222$220,656883 Sq.Ft.8/18/2023Old Lake Ct1044$1,479,2003,477 Sq.Ft.2/29/2024Old Orchard Dr1N/AN/AN/AN/AN/AOld Town Rd1632$353,6251,704 Sq.Ft.9/20/2024Old Valley Ct1143$347,5451,837 Sq.Ft.4/9/2025Oliver Woods Ct543$734,6002,819 Sq.Ft.8/1/2023Oliver Woods Dr2643$914,7312,864 Sq.Ft.12/13/2024Olivia Ct631$344,1671,330 Sq.Ft.11/6/2024Olivia St1532$340,0001,100 Sq.Ft.10/10/2024Olson St61N/AN/A8,566 Sq.Ft.1/27/2016Olympia St4531$203,3111,466 Sq.Ft.3/19/2025Omega Dr1342$434,0772,423 Sq.Ft.1/15/2025Omena Dr1932$553,3162,373 Sq.Ft.3/8/2024Onandoga St543$444,4002,126 Sq.Ft.6/25/2010Onaway Dr2242$453,5911,823 Sq.Ft.3/27/2023Oneida St3431$246,2351,126 Sq.Ft.1/10/2025Onekama Dr2843$650,7502,835 Sq.Ft.6/23/2021Ontario Ave3431$255,1181,034 Sq.Ft.8/7/2024Ontonagon Ave3143$527,4522,269 Sq.Ft.7/23/2024Opal Ave4031$226,8131,409 Sq.Ft.3/15/2024Oran Dr1332$436,6151,509 Sq.Ft.4/27/2023Orange Ave1733$644,3333,490 Sq.Ft.6/4/2024Orange Ct1433$688,3571,998 Sq.Ft.6/29/2021Orchard Ave5932$591,4921,608 Sq.Ft.2/5/2025Orchard Creek Ct1643$582,6882,233 Sq.Ft.12/2/2022Orchard Creek Dr4343$567,9762,198 Sq.Ft.5/26/2023Orchard Crst133$493,0002,303 Sq.Ft.10/8/2012Orchard Hill St1942$494,0002,623 Sq.Ft.6/8/2022Orchard Ln2432$407,4581,640 Sq.Ft.7/31/2024Orchard Ridge Dr4843$405,4791,601 Sq.Ft.10/23/2024Orchard View Dr3532$384,2571,562 Sq.Ft.1/8/2025Orchard Vista Dr6N/AN/AN/A44,886 Sq.Ft.9/1/2015Orlando Ave1431$302,0001,099 Sq.Ft.11/15/2024Orville St7131$292,8571,358 Sq.Ft.1/17/2025Osborne Ave2432$319,2501,229 Sq.Ft.3/5/2025Osceola Dr2143$537,0002,262 Sq.Ft.4/22/2025Osgood Pl342$230,0001,490 Sq.Ft.10/15/1998Oswego St4732$358,8261,672 Sq.Ft.8/16/2024Ottawa Ave58N/A1N/A70,617 Sq.Ft.8/23/2017Ottillia St17531$294,8741,318 Sq.Ft.4/7/2025Overbrook Ln1543$555,1332,647 Sq.Ft.6/10/2021Overlook Summit Dr1933$678,0001,863 Sq.Ft.5/6/2025Overlook Ter26N/A1$117,308N/AN/AOxford Dr3232$462,6881,660 Sq.Ft.5/7/2025Oxford St2131$198,0001,283 Sq.Ft.4/11/2025Packard Ave2342$362,0952,180 Sq.Ft.10/15/2024Paddington Dr3032$354,3791,463 Sq.Ft.3/22/2024Paddock Ave842$329,0001,871 Sq.Ft.9/7/20211055 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
1032 Mcreynolds Ave NWGrand Rapids, MI 49504
Estimated Value $298,000
Living Area 1,852 SqFt
Beds 3
Baths 2
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-13-24-105-031
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
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
712 Atwood St NEGrand Rapids, MI 49503
Estimated Value $359,000
Living Area 1,624 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Multiple
APN 41-14-30-281-007
Neighborhood Midtown
School District Grand Rapids Public Schools
716 Harlan Ave NEGrand Rapids, MI 49503
Estimated Value $226,000
Living Area 1,064 SqFt
Beds 2
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Individual
APN 41-14-19-432-008
Neighborhood Highland 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
931 3rd St NWGrand Rapids, MI 49504
Estimated Value $232,000
Living Area 1,234 SqFt
Beds 3
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Trust
APN 41-13-23-437-016
Neighborhood West Grand
School District Grand Rapids Public Schools
509 Coit Ave NEGrand Rapids, MI 49503
Estimated Value $297,000
Living Area 1,387 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 41-14-19-355-015
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
821 Nagold St NWGrand Rapids, MI 49504
Estimated Value $204,000
Living Area 1,312 SqFt
Beds 3
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-433-025
Neighborhood West Grand
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
45 College Ave NEGrand Rapids, MI 49503
Estimated Value $694,000
Living Area 4,490 SqFt
Beds 7
Baths 5
Year Built 1890
Property Type Single Family
Ownership Type Related
APN 41-14-30-253-030
Neighborhood Heritage Hill
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
750 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
56 Union Ave NEGrand Rapids, MI 49503
Estimated Value $292,000
Living Area 1,696 SqFt
Beds 4
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-14-30-278-009
Neighborhood Midtown
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