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
Skylark Dr131$222,0001,460 Sq.Ft.N/ASkyline Cir6421$266,188858 Sq.Ft.4/30/2025Skyline Dr1932$329,3161,366 Sq.Ft.7/14/2023Skyview Ct3N/A3$490,3331,791 Sq.Ft.10/28/2013Slater Ave19N/A1$116,4442,008 Sq.Ft.N/ASligh Blvd6132$426,0001,818 Sq.Ft.4/18/2025Slobey St1332$303,6921,324 Sq.Ft.4/3/2025Sluyter St10231$293,2501,262 Sq.Ft.3/7/2025Smith Farms Ct1632$396,5631,362 Sq.Ft.6/3/2024Smokey Hollow Ct2N/AN/A$914,500N/A7/9/2004Solitude Ct2143$541,5712,430 Sq.Ft.10/26/2023Solitude Dr1943$533,1052,316 Sq.Ft.3/15/2024Somerset Dr3332$424,1821,594 Sq.Ft.10/30/2024Songbird Ln843$754,7502,472 Sq.Ft.8/7/2024Soundtech Ct2N/AN/AN/A94,056 Sq.Ft.N/ASouthampton Dr4532$332,0221,494 Sq.Ft.11/4/2024Southbury Ct743$414,7142,037 Sq.Ft.8/19/2024Southbury Dr1833$410,1671,987 Sq.Ft.3/22/2024Southern Pine Way943$461,4441,968 Sq.Ft.5/6/2024South Eventide Dr131$345,0001,276 Sq.Ft.5/20/2025Southgate Dr3422$265,853984 Sq.Ft.2/12/2025Southglow Ct6621$165,379889 Sq.Ft.4/16/2025Southshire Ave443$819,5002,870 Sq.Ft.7/27/2020Southstone Dr2432$308,4781,189 Sq.Ft.8/4/2023Southview St532$221,5001,363 Sq.Ft.10/30/2023Spanish Ct321$219,333743 Sq.Ft.6/17/2008Sparks Dr18N/A1N/A30,976 Sq.Ft.2/9/2016Spaulding Ave5432$424,0833,103 Sq.Ft.3/14/2025Spaulding Blvd343$510,6671,719 Sq.Ft.9/4/2020Spaulding Plz1N/AN/AN/AN/AN/ASpencer St15631$254,3511,387 Sq.Ft.4/25/2025Splitrail Ave1231$351,5001,439 Sq.Ft.3/2/2023Spotted Owl Dr231$316,500N/AN/ASpring Ave14531$259,8871,171 Sq.Ft.6/3/2025Springbrook Dr4132$437,4251,950 Sq.Ft.5/27/2025Springbrook Pkwy1N/AN/AN/AN/AN/ASpringdale Dr2032$339,8501,442 Sq.Ft.2/21/2025Springhouse Dr745$1,477,6674,357 Sq.Ft.9/26/2017Springline Ct543$597,0002,721 Sq.Ft.6/2/2022Springmont Dr3932$380,5901,613 Sq.Ft.11/22/2024Springtree Ln8022$266,263787 Sq.Ft.5/27/2025Springview Rd133$342,0001,116 Sq.Ft.10/1/2002Springwood Ct642$350,5001,684 Sq.Ft.12/5/2016Springwood Dr6232$329,0161,437 Sq.Ft.5/30/2025Spruce St2531$291,4401,412 Sq.Ft.2/3/2025Sprucewood Ave1132$418,8182,056 Sq.Ft.5/16/2019Stafford Ave18531$201,0832,963 Sq.Ft.4/11/2025Stage Ave4832$518,6103,504 Sq.Ft.4/19/2024Stahl Dr4N/AN/AN/A41,877 Sq.Ft.3/1/1996Standale Plz1N/AN/AN/A21,120 Sq.Ft.8/23/1995Standard Ave3N/AN/AN/AN/AN/AStandish Ave2532$291,4001,563 Sq.Ft.9/26/2024Stanford Dr4332$345,1161,422 Sq.Ft.3/5/2025Stanley Ter632$338,1671,720 Sq.Ft.3/15/2023St Annes Ave1633$339,2501,756 Sq.Ft.5/25/2021Stanwood St2131$293,3001,311 Sq.Ft.11/17/2023Stark Ave4832$333,3751,370 Sq.Ft.4/30/2025Starr St14N/AN/AN/A24,170 Sq.Ft.6/26/2013Statesman Ct1731$323,0591,129 Sq.Ft.11/13/2023State St17N/A2$310,00011,764 Sq.Ft.11/30/2016Stauffer Ave11443$341,2502,276 Sq.Ft.2/28/2025Steam Engine1932$365,2111,365 Sq.Ft.5/2/2025Steele Ave11N/A1N/A46,547 Sq.Ft.9/27/2018Steele St16N/AN/AN/A18,092 Sq.Ft.11/4/2021Steeple Ridge Ct534$870,8004,032 Sq.Ft.1/19/2024Stehouwer St1N/AN/AN/AN/A5/16/1997Steketee Woods Ln1144$1,225,2733,641 Sq.Ft.10/23/2023Sterling Ave7N/AN/A$195,0005,272 Sq.Ft.12/26/2007Sterling Manor Ct645$1,772,0003,789 Sq.Ft.3/1/2021Sterner St1332$339,8331,301 Sq.Ft.12/6/2024Stevens St6N/AN/AN/A43,106 Sq.Ft.8/23/2013Stewart St6931$206,8511,433 Sq.Ft.12/9/2024Stickley Dr1633$791,3751,908 Sq.Ft.4/22/2024Stiles Creek Ct644$829,0003,003 Sq.Ft.9/12/2016Stiles Creek Dr1743$906,7653,595 Sq.Ft.2/19/2025Stilesgate Ct1232$328,8331,517 Sq.Ft.3/26/2018Stilesgate St4532$340,3331,709 Sq.Ft.4/7/2025Stillwater Ct733$573,5711,822 Sq.Ft.9/19/2024Stocking Ave4931$272,2736,192 Sq.Ft.8/21/2024Stockwood Dr4232$446,9291,473 Sq.Ft.9/19/2024Stokes St631$305,0001,633 Sq.Ft.3/15/2024Stolpe St3841$191,8681,153 Sq.Ft.4/15/2025Stone Briar Ct1333$398,0771,718 Sq.Ft.4/8/2025Stonebrook Dr1N/AN/AN/AN/A8/6/2015Stonehenge St1132$314,5451,205 Sq.Ft.10/5/2020Stone Hills St731$316,8571,248 Sq.Ft.7/11/2018Stoneshire Dr2144$1,044,3332,978 Sq.Ft.5/10/2024Stone St232$230,0001,297 Sq.Ft.1/26/2015Stonewood Ct1332$367,1541,412 Sq.Ft.3/16/2023Stonewood St3431$353,8821,232 Sq.Ft.1/9/2024Stoneybrook Ct1143$533,9092,020 Sq.Ft.6/20/2023Stonyhill Ln2043$375,0001,589 Sq.Ft.8/2/2024Stormy Creek Dr4022$360,4251,343 Sq.Ft.5/5/2025Stormzand Pl2331$250,0431,082 Sq.Ft.1/14/2022Storrs St4131$239,5851,394 Sq.Ft.6/2/2025Stowehill Dr1543$435,8002,299 Sq.Ft.8/29/2024Stowevalley Dr3543$430,2862,033 Sq.Ft.5/2/2025Straight Ave11642$258,1593,395 Sq.Ft.4/18/2025Stratford Ct343$706,6672,256 Sq.Ft.7/21/2023Stratford Glen Ct1444$915,5712,888 Sq.Ft.3/15/20241250 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
463 Crescent St NEGrand Rapids, MI 49503
Estimated Value $539,000
Living Area 3,206 SqFt
Beds 3
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Trust
APN 41-14-30-201-026
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1126 Elizabeth Ave NWGrand Rapids, MI 49504
Estimated Value $149,000
Living Area 1,176 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Multiple
APN 41-13-24-127-004
Neighborhood West Grand
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
27 Library St NE #503Grand Rapids, MI 49503
Estimated Value $408,000
Living Area 856 SqFt
Beds 1
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Corporate
APN 41-14-30-163-019
Neighborhood Heartside
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
1342 Buffalo Ave NEGrand Rapids, MI 49505
Estimated Value $248,000
Living Area 1,425 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Corporate
APN 41-14-18-377-008
Neighborhood Creston
School District Grand Rapids Public Schools
864 11th St NWGrand Rapids, MI 49504
Estimated Value $250,000
Living Area 1,668 SqFt
Beds 3
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 41-13-23-277-003
Neighborhood West Grand
School District Grand Rapids Public Schools
642 Lafayette Ave NEGrand Rapids, MI 49503
Estimated Value $209,000
Living Area 1,508 SqFt
Beds 3
Baths 1.5
Year Built 1922
Property Type Single Family
Ownership Type Individual
APN 41-14-19-334-003
Neighborhood Belknap Lookout
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
417 Leonard St NEGrand Rapids, MI 49503
Estimated Value $264,000
Living Area 1,581 SqFt
Beds 4
Baths 1.5
Year Built 1928
Property Type Single Family
Ownership Type Corporate
APN 41-14-18-462-019
Neighborhood Creston
School District Grand Rapids Public Schools
834 Paris Ave NEGrand Rapids, MI 49503
Estimated Value $283,000
Living Area 1,532 SqFt
Beds 4
Baths 2
Year Built 1908
Property Type Single Family
Ownership Type Individual
APN 41-14-19-259-002
Neighborhood Highland Park
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
917 Fulton St WGrand Rapids, MI 49504
Estimated Value $209,000
Living Area 1,274 SqFt
Beds 2
Baths 1
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 41-13-26-283-006
Neighborhood John Ball Park
School District Grand Rapids Public Schools
600 Broadway Ave NW #431Grand Rapids, MI 49504
Estimated Value $276,000
Living Area 943 SqFt
Beds 1
Baths 1
Year Built 1900
Property Type Condominium
Ownership Type Trust
APN 41-13-24-335-180
Neighborhood West Grand
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