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
San Lu Rae Dr3044$1,994,8893,856 Sq.Ft.5/16/2025San Marie Dr632$390,8331,378 Sq.Ft.2/3/2023Santa Barbara Dr2843$1,535,0713,323 Sq.Ft.9/12/2024Santa Cruz Dr1942$843,6842,267 Sq.Ft.4/30/2025Santa Monica Dr1032$509,1001,449 Sq.Ft.7/24/2024Santigo Ave2632$418,0771,551 Sq.Ft.11/27/2024Santigo Ct1943$471,9471,539 Sq.Ft.9/25/2024Sarafield St12N/AN/A$387,417N/A2/5/2020Sarasota Ave1332$338,7691,236 Sq.Ft.6/4/2021Saratoga Dr1742$361,4711,884 Sq.Ft.11/14/2023Saunders St331$239,0001,065 Sq.Ft.12/29/2023Sawgrass Dr2032$388,5791,622 Sq.Ft.2/8/2024Sawkaw Dr5032$272,5431,434 Sq.Ft.5/1/2025Sawyer Ct421$304,7501,093 Sq.Ft.8/13/2004Saxony Ct622$199,5001,215 Sq.Ft.2/21/2025Saxony Dr7832$208,7181,323 Sq.Ft.3/14/2025S Blodgett St Aly123$370,0001,305 Sq.Ft.N/AScenicview Dr932$445,3331,528 Sq.Ft.10/28/2024Schimperle Dr2732$479,4811,440 Sq.Ft.6/6/2023Schindler Dr1043$620,8002,438 Sq.Ft.4/9/2025Schoolcraft St1N/AN/AN/A64,928 Sq.Ft.N/AScotch Pine Ct454$820,5002,800 Sq.Ft.6/12/2024Scott Ave2931$322,2761,637 Sq.Ft.6/3/2025Scribner Ave24N/A1N/A13,501 Sq.Ft.7/14/2022Secretariat Dr1743$533,8242,036 Sq.Ft.3/26/2025Sedona Hills Ct12N/A4$217,7002,283 Sq.Ft.12/22/2023Seminole Rd3543$742,7142,278 Sq.Ft.11/18/2024Senior Dr232$345,5001,379 Sq.Ft.3/18/2014Senora Ave5431$302,9811,309 Sq.Ft.11/7/2024Sequoia Dr4332$540,2561,594 Sq.Ft.5/16/2025Service Rd1N/AN/AN/A13,500 Sq.Ft.N/ASessions Dr9433$516,4771,736 Sq.Ft.4/10/2025Sessions Dr Cmn2N/AN/AN/AN/AN/ASessions Woods Dr2433$549,1302,470 Sq.Ft.1/12/2024Settlers Pass1033$554,6672,588 Sq.Ft.9/15/2021Seward Ave3542$300,22210,909 Sq.Ft.2/28/2023Seymour Ave1631$330,8751,308 Sq.Ft.4/4/2025Shade Leaf Ln2023$383,4501,422 Sq.Ft.11/6/2023Shadetree Ln2132$431,8101,614 Sq.Ft.9/12/2022Shadowbrook Ct843$627,2502,710 Sq.Ft.6/8/2023Shadowbrook Dr2043$648,9502,791 Sq.Ft.9/12/2024Shadow Lake Ct2N/A3$440,5001,814 Sq.Ft.10/30/1992Shadowlane Dr1432$434,1541,690 Sq.Ft.11/22/2022Shady Pl1542$483,7331,445 Sq.Ft.12/28/2021Shadyside Dr1132$442,0912,019 Sq.Ft.2/7/2025Shadyview Dr1843$659,7062,377 Sq.Ft.8/31/2023Shaffer Ave3832$361,88226,728 Sq.Ft.2/28/2025Shagbark Ave943$568,2222,245 Sq.Ft.8/24/2022Shamrock St4132$208,2681,500 Sq.Ft.7/30/2024Shanahan St131$198,0001,144 Sq.Ft.5/6/2024Shangrai La Dr6332$312,9211,490 Sq.Ft.8/31/2023Shannon St2543$500,4801,881 Sq.Ft.9/25/2024Sharp Dr533$341,3332,131 Sq.Ft.12/12/2024Shawmut Blvd4431$310,6981,671 Sq.Ft.7/7/2022Shawmut Ct3032$365,4331,677 Sq.Ft.1/27/2025Shawnee Dr4642$505,8912,158 Sq.Ft.3/28/2025Shear Ave1833$535,1111,911 Sq.Ft.3/31/2021Shears Crossing Ct1354$1,318,4623,164 Sq.Ft.7/9/2019Shear Woods Ct932$562,0001,950 Sq.Ft.3/10/2021Shelby St1841$225,6672,553 Sq.Ft.12/9/2024Sheldon Ave13042$292,0873,474 Sq.Ft.8/30/2024Shenandoah Dr1831$351,0001,468 Sq.Ft.10/21/2024Sheridan Ave9042$214,0451,745 Sq.Ft.3/24/2025Sherman St21542$322,1331,603 Sq.Ft.4/28/2025Sherwood Ave2332$578,7831,873 Sq.Ft.11/15/2024Sherwood Dr5032$400,6201,670 Sq.Ft.2/21/2024Shetland Ct832$362,8751,351 Sq.Ft.11/21/2012Shetland Dr2833$372,4641,175 Sq.Ft.8/6/2024Shiawassee Dr2942$542,5002,402 Sq.Ft.9/8/2023Shiloh Hills Dr1832$476,0001,617 Sq.Ft.8/7/2024Shiloh Pines Dr1543$535,0001,929 Sq.Ft.5/12/2023Shiloh Point Dr2342$464,9131,655 Sq.Ft.7/29/2022Shiloh Way Dr643$522,8331,977 Sq.Ft.4/26/2021Shippers Dr1N/AN/AN/A352,362 Sq.Ft.N/AShire St1043$628,0002,339 Sq.Ft.5/6/2024Shirley St3831$232,0001,358 Sq.Ft.12/10/2024Shoreham Pl1243$418,3332,101 Sq.Ft.2/9/2023Shore Haven Dr2643$639,9232,353 Sq.Ft.2/21/2024Shoreside Ct1922$437,3161,444 Sq.Ft.12/13/2024Shoreside North Dr4122$318,6341,094 Sq.Ft.5/9/2025Shoreside South Dr3622$312,0561,084 Sq.Ft.5/27/2025Short St2131$254,2381,040 Sq.Ft.7/28/2023Shottery Dr543$608,0002,096 Sq.Ft.6/10/2024Sibley St14032$295,7521,505 Sq.Ft.4/11/2025Siebers Ln2344$1,180,1303,686 Sq.Ft.4/25/2024Sierra Ave3332$359,6971,473 Sq.Ft.10/1/2024Sigsbee St14542$306,1641,766 Sq.Ft.4/4/2025Silver Ave6231$226,0661,074 Sq.Ft.4/30/2025Silverbell Dr942$356,5561,673 Sq.Ft.11/6/2020Silverbrook Dr1632$356,6881,558 Sq.Ft.5/10/2022Silver Creek Ave831$246,6001,123 Sq.Ft.11/22/2013Silverglade Dr1632$352,5001,513 Sq.Ft.5/8/2024Silverglen Dr1132$350,5451,481 Sq.Ft.10/25/2023Silvergrass Dr1244$1,101,5832,954 Sq.Ft.5/21/2024Silverleaf St2632$326,0803,177 Sq.Ft.1/28/2025Silvershores Dr932$356,2221,478 Sq.Ft.7/27/2023Simmons Ave3032$351,3331,460 Sq.Ft.10/18/2024Simpson Ct1031$333,8001,520 Sq.Ft.11/1/2022Sinclair Ave11732$306,2811,518 Sq.Ft.4/10/2025Skipping Stone Ln2043$760,1672,338 Sq.Ft.7/5/20231036 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
618 Innes St NEGrand Rapids, MI 49503
Estimated Value $387,000
Living Area 1,768 SqFt
Beds 3
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Individual
APN 41-14-30-231-005
Neighborhood Midtown
School District Grand Rapids Public Schools
1250 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $277,000
Living Area 1,295 SqFt
Beds 4
Baths 2
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 41-13-13-359-002
Neighborhood West Grand
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
600 Broadway Ave NW #605Grand Rapids, MI 49504
Estimated Value $452,000
Living Area 1,909 SqFt
Beds 2
Baths 1
Year Built 1900
Property Type Condominium
Ownership Type Individual
APN 41-13-24-335-144
Neighborhood West Grand
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
916 Chatham St NWGrand Rapids, MI 49504
Estimated Value $261,000
Living Area 2,220 SqFt
Beds 5
Baths 2
Year Built 1898
Property Type Single Family
Ownership Type Individual
APN 41-13-26-230-013
Neighborhood John Ball Park
School District Grand Rapids Public Schools
745 Harlan Ave NEGrand Rapids, MI 49503
Estimated Value $257,000
Living Area 1,401 SqFt
Beds 4
Baths 1
Year Built 1927
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-431-013
Neighborhood Highland 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
332 Coldbrook St NEGrand Rapids, MI 49503
Estimated Value $183,000
Living Area 970 SqFt
Beds 2
Baths 1
Year Built 1949
Property Type Single Family
Ownership Type Individual
APN 41-14-19-130-009
Neighborhood Belknap Lookout
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
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
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
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
315 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
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