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
Taylor Ridge Dr1532$369,2001,684 Sq.Ft.8/21/2023Teal Ct1333$601,0001,880 Sq.Ft.2/22/2022Tecumseh Dr2542$464,5422,028 Sq.Ft.7/17/2023Tee Seventeen Ct233$813,0001,908 Sq.Ft.9/6/2023Tekonsha St343$558,0002,443 Sq.Ft.10/8/2021Temple St7131$228,6961,261 Sq.Ft.5/28/2025Tenby Ct833$483,5001,930 Sq.Ft.3/19/2021Tenhaaf Ct831$192,5711,096 Sq.Ft.5/1/2023Tenway Dr2332$446,1741,394 Sq.Ft.5/16/2025Terminal Cres10N/AN/AN/A10,208 Sq.Ft.4/23/2015Terminal St5N/AN/AN/A91,685 Sq.Ft.12/27/2012Terrace Ln4512$301,3561,410 Sq.Ft.5/28/2025Terrace St631$374,6671,463 Sq.Ft.1/9/2025Terrace Walk Ave222$255,5001,012 Sq.Ft.2/9/2024Terry Ct832$363,2501,463 Sq.Ft.10/15/2024Terry Dr2532$356,8401,409 Sq.Ft.6/6/2024Ter Van Ct1022$279,3001,073 Sq.Ft.5/12/2025Ter Van Dr4922$282,5921,083 Sq.Ft.3/14/2025Texas St2132$331,2001,330 Sq.Ft.8/28/2024Thelma Ave1721$218,000986 Sq.Ft.6/16/2023The Timbers644$964,8333,008 Sq.Ft.6/28/2024Thistledowne Dr3732$370,1891,346 Sq.Ft.5/9/2025Thomas Ave1232$330,3331,389 Sq.Ft.4/9/2025Thomas St20442$297,1621,799 Sq.Ft.5/21/2025Thompson Ct1131$356,9001,171 Sq.Ft.12/19/2024Thoreau Ct644$462,3332,736 Sq.Ft.7/13/2022Thornapple Bayou Dr2932$585,3931,703 Sq.Ft.5/5/2025Thornapple Hollow Dr644$823,1672,665 Sq.Ft.3/9/2018Thornapple Park Dr1433$657,2142,139 Sq.Ft.1/22/2025Thornapple Pines Dr554$1,354,0002,375 Sq.Ft.8/1/2023Thornapple River Dr22732$583,2072,004 Sq.Ft.12/19/2024Thornberry Court East833$550,7501,392 Sq.Ft.2/2/2023Thornberry Court West723$581,0001,469 Sq.Ft.10/8/2021Thornberry Dr1622$569,8131,488 Sq.Ft.10/23/2024Thornberry Hill Ct954$1,329,0003,343 Sq.Ft.6/7/2024Thorn Creek St3532$359,6571,414 Sq.Ft.5/2/2025Thorncrest Dr6732$630,0901,836 Sq.Ft.4/9/2025Thorndyke Ave1731$233,706998 Sq.Ft.5/23/2025Thornhills Ave11N/AN/AN/A39,231 Sq.Ft.7/10/2014Thornhills Ct933$575,1111,684 Sq.Ft.10/10/2023Thornridge Ct1432$407,0712,070 Sq.Ft.11/30/2021Thorn Run Ct933$464,3331,499 Sq.Ft.11/17/2023Thornview Dr933$562,5562,285 Sq.Ft.8/29/2019Thornwyk Dr3143$441,6451,937 Sq.Ft.2/16/2021Thousand Oaks855$830,3334,990 Sq.Ft.9/17/2024Thrush Ct1523$487,3331,517 Sq.Ft.9/26/2024Thurston St6421$223,476956 Sq.Ft.2/27/2025Ticonderoga Dr1543$469,5332,257 Sq.Ft.11/1/2024Tierra St1632$338,6881,629 Sq.Ft.3/14/2024Timberbrook Dr1N/AN/AN/A44,464 Sq.Ft.N/ATimberlake Ct1832$395,0561,905 Sq.Ft.8/5/2024Timberlake Dr1933$412,2111,666 Sq.Ft.10/20/2022Timberlake Ln932$408,4441,860 Sq.Ft.6/4/2021Timberland Dr1632$400,7501,658 Sq.Ft.5/22/2025Timberlane Ln3032$343,1671,575 Sq.Ft.8/9/2024Timber Valley Dr533$724,6002,127 Sq.Ft.4/25/2025Timberview Ct543$446,2002,146 Sq.Ft.7/17/2014Timberview St5043$458,8802,438 Sq.Ft.3/2/2022Timber Winds Ct843$638,5002,077 Sq.Ft.10/30/2018Timber Winds Dr2444$854,7083,010 Sq.Ft.5/7/2024Timberwood Dr2943$471,7241,871 Sq.Ft.5/6/2025Tolford Ave1N/AN/AN/AN/AN/ATompkins Ct1343$563,0002,013 Sq.Ft.6/23/2023Toren Ct1031$215,2001,196 Sq.Ft.4/9/2024Torrington Dr4432$401,1822,060 Sq.Ft.9/11/2024Toulouse Dr1343$603,6152,014 Sq.Ft.10/24/2022Town Center Ct1N/AN/AN/A2,988 Sq.Ft.6/30/1995Town Center Dr6N/AN/AN/A63,642 Sq.Ft.8/4/2016Towner Ave6031$187,5441,067 Sq.Ft.5/29/2025Towner Ct1N/A1$212,000958 Sq.Ft.1/30/2008Townsend Ave1831$281,5561,218 Sq.Ft.2/2/2024Trade Dr4N/AN/A$324,000303,859 Sq.Ft.N/ATradewinds Dr1032$342,4001,178 Sq.Ft.10/10/2024Tradition Dr2633$573,3461,957 Sq.Ft.8/27/2024Trail Dr132$340,0001,279 Sq.Ft.12/27/2021Trailridge Ct832$384,1251,539 Sq.Ft.7/12/2023Trailside Ct2432$332,0831,430 Sq.Ft.5/19/2023Trail View Dr4032$372,1031,741 Sq.Ft.7/1/2024Trail West Dr1543$720,6002,092 Sq.Ft.5/27/2022Travelo St8N/A1$259,500N/AN/ATravis St8231$256,9621,462 Sq.Ft.4/21/2025Treeline Dr2443$603,6672,454 Sq.Ft.7/8/2022Treeridge Dr3632$353,5561,397 Sq.Ft.5/1/2025Tree Swallow Dr231$213,000N/AN/ATree View Dr933$609,5562,152 Sq.Ft.5/21/2024Tremont Blvd6631$323,3581,370 Sq.Ft.6/11/2024Tremont Ct531$337,6001,308 Sq.Ft.8/3/2023Trent Ct1332$480,0771,845 Sq.Ft.7/22/2022Trevor Ct643$360,3332,014 Sq.Ft.5/28/2025Tricklewood Ct1743$591,6672,374 Sq.Ft.5/27/2022Tricklewood Dr2543$614,6802,174 Sq.Ft.8/29/2024Trillium Cir433$513,2501,565 Sq.Ft.5/15/2025Trillium Ln1132$474,1821,994 Sq.Ft.3/1/2022Trillium Trl644$1,103,1673,339 Sq.Ft.10/31/2022Trinidad Ave3232$362,6881,461 Sq.Ft.2/10/2025Trinity Ave1142$324,6361,447 Sq.Ft.7/15/2022Tripoli Ct433$534,7502,090 Sq.Ft.5/10/2024Tripoli St843$576,5002,198 Sq.Ft.1/31/2022Troon Ct854$737,6252,531 Sq.Ft.10/27/2023Trowbridge St2332$348,4505,016 Sq.Ft.9/16/20241036 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
615 Fairview Ave NE #2Grand Rapids, MI 49503
Estimated Value $426,000
Living Area 1,247 SqFt
Beds 2
Baths 2.5
Year Built 2017
Property Type Condominium
Ownership Type Individual
APN 41-14-19-316-009
Neighborhood Belknap Lookout
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
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
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
418 Shirley St NEGrand Rapids, MI 49503
Estimated Value $137,000
Living Area 935 SqFt
Beds 2
Baths 1
Year Built 1925
Property Type Single Family
Ownership Type Individual
APN 41-14-19-255-004
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
940 Monroe Ave NW #555Grand Rapids, MI 49503
Estimated Value $395,000
Living Area 1,056 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-215
Neighborhood Belknap Lookout
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
940 Monroe Ave NW #405AGrand Rapids, MI 49503
Estimated Value $197,000
Living Area 430 SqFt
Beds 1
Baths 1
Year Built 1893
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-275
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
945 College Ave NEGrand Rapids, MI 49503
Estimated Value $253,000
Living Area 1,577 SqFt
Beds 5
Baths 2
Year Built 1947
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-251-022
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
740 Jackson St NWGrand Rapids, MI 49504
Estimated Value $202,000
Living Area 825 SqFt
Beds 2
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-13-25-113-007
Neighborhood John Ball Park
School District Grand Rapids Public Schools
716 Fairview Ave NEGrand Rapids, MI 49503
Estimated Value $174,000
Living Area 980 SqFt
Beds 2
Baths 1
Year Built 1880
Property Type Single Family
Ownership Type Individual
APN 41-14-19-307-009
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
608 Clancy Ave NEGrand Rapids, MI 49503
Estimated Value $222,000
Living Area 1,576 SqFt
Beds 2
Baths 2
Year Built 1875
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-333-012
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
940 Monroe Ave NW #124Grand Rapids, MI 49503
Estimated Value $262,000
Living Area 691 SqFt
Beds 1
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-030
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1101 Fremont Ave NWGrand Rapids, MI 49504
Estimated Value $232,000
Living Area 1,439 SqFt
Beds 2
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Individual
APN 41-13-23-227-023
Neighborhood West Grand
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