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
Walker Ct6N/AN/A$253,00018,087 Sq.Ft.12/5/2011Walker Ridge Dr7N/AN/A$326,000121,576 Sq.Ft.9/7/2016Walker Village Dr4N/AN/AN/A8,848 Sq.Ft.7/1/2008Walker Vw1N/AN/AN/A38,937 Sq.Ft.3/20/2020Walker Woods Ct2632$385,4621,488 Sq.Ft.5/1/2025Wallen Ave7N/AN/AN/A36,202 Sq.Ft.6/21/1999Walleye Dr433$524,0001,897 Sq.Ft.7/24/2020Wallinwood Ave8731$356,4371,323 Sq.Ft.5/9/2025Walma Ave11N/AN/AN/A32,951 Sq.Ft.10/12/2017Walnut Hills Ct564$430,4002,150 Sq.Ft.10/1/2020Walnut Hills Dr2622$238,29216,213 Sq.Ft.5/9/2025Walnut Hills Ln1822$284,6671,362 Sq.Ft.7/22/2024Walnut Park Dr1321$319,2861,100 Sq.Ft.7/1/2020Walnut Springs Dr933$711,3752,158 Sq.Ft.12/6/2023Walnut St8931$240,2581,070 Sq.Ft.3/12/2025Walsh St8531$315,1191,321 Sq.Ft.12/5/2024Walter St7521$224,095974 Sq.Ft.5/20/2025Waltham Ave1532$350,0001,425 Sq.Ft.7/7/2023Walton Ave11621$230,339944 Sq.Ft.11/16/2024Walwood Dr4532$354,9561,424 Sq.Ft.12/31/2024Walwood Ter1132$348,9091,489 Sq.Ft.9/19/2024Wanda2N/AN/A$321,000N/A9/25/2000Wandercrest St19N/A1$234,316N/AN/AWarren Ave2132$387,6672,105 Sq.Ft.3/8/2024Warrington St731$278,3331,671 Sq.Ft.8/15/2017Warwick Rd1332$385,6921,116 Sq.Ft.3/28/2025Washington St2764$729,6674,605 Sq.Ft.5/19/2025Washtenaw St5131$315,9411,350 Sq.Ft.2/13/2025Waterbury Dr9043$410,0672,067 Sq.Ft.2/28/2025Waterbury Pl832$371,1251,688 Sq.Ft.1/10/2022Waterford Ave1331$280,8461,152 Sq.Ft.11/22/2024Waterford Ct1432$343,5711,487 Sq.Ft.1/16/2025Waterford Way1843$536,6671,883 Sq.Ft.6/3/2024Water Leaf Ct344$1,806,0002,845 Sq.Ft.3/29/2024Watermark Ct745$1,431,4293,581 Sq.Ft.10/29/2021Watermark Dr6344$1,173,4102,798 Sq.Ft.5/15/2025Watertown Way9032$381,5841,297 Sq.Ft.5/29/2025Watkins St12131$214,8351,396 Sq.Ft.3/28/2025Watson St12732$266,4352,550 Sq.Ft.3/20/2025Wausaukee Dr3543$472,7142,156 Sq.Ft.4/14/2025Wavell St3121$201,194887 Sq.Ft.10/17/2024Waybridge Dr1622$421,3751,282 Sq.Ft.3/19/2025Wayne St1132$293,6361,575 Sq.Ft.1/24/2022Wayside Dr2042$428,0001,467 Sq.Ft.10/25/2024Wealthy St44832$485,8485,389 Sq.Ft.5/8/2025Weatherby Hills Dr1622$350,6251,049 Sq.Ft.3/1/2024Weatherstone Ln2532$356,2801,528 Sq.Ft.4/22/2025Weatherwood Dr364$574,0004,167 Sq.Ft.1/26/2021Webber Ave1942$365,5261,569 Sq.Ft.3/25/2025Webber Ct1031$346,600486 Sq.Ft.7/8/2019Webber Pnes653$733,3333,501 Sq.Ft.4/25/2018Webster St5831$263,9432,273 Sq.Ft.2/5/2025Weeping Willow Dr843$634,7142,104 Sq.Ft.9/19/2023Wellerwood St1032$324,6671,496 Sq.Ft.11/21/2022Wellington Ave1531$362,6001,569 Sq.Ft.5/15/2023Wellspring Ct942$428,6671,779 Sq.Ft.1/30/2023Wells St1731$317,1181,229 Sq.Ft.10/27/2022Wendell St2931$344,9311,192 Sq.Ft.5/20/2025Wendover Dr1131$318,0911,363 Sq.Ft.3/17/2025Werner Ave2831$274,6541,086 Sq.Ft.12/30/2024Wesley St5131$240,2801,171 Sq.Ft.5/23/2025Westboro Dr1233$833,5832,822 Sq.Ft.11/13/2023Westbrook Dr4733$468,5532,005 Sq.Ft.4/12/2024West Butler Ave1N/A1$221,0001,204 Sq.Ft.12/30/2010Westchester Dr1032$358,7001,424 Sq.Ft.10/4/2023Westend Ave4132$357,3081,516 Sq.Ft.4/25/2025West Eventide Dr142$378,0001,298 Sq.Ft.3/12/2020Westhampton Ct1544$755,2002,394 Sq.Ft.6/25/2021Westlake Ct543$381,8001,895 Sq.Ft.4/17/2018Westlane Dr733$466,0002,034 Sq.Ft.4/19/2024Westminster Dr1822$220,333916 Sq.Ft.5/7/2024Westmont Dr4431$346,8861,404 Sq.Ft.5/19/2025Westmoor Dr3232$312,6131,391 Sq.Ft.5/14/2025West Mulford Ct252$412,0002,171 Sq.Ft.11/25/2019Weston St4N/AN/AN/A4,870 Sq.Ft.7/15/2005Westown Dr1N/AN/AN/A245,620 Sq.Ft.6/17/2021West Saxony Dr122$224,0001,190 Sq.Ft.3/18/2010Westview Ave2232$338,9091,392 Sq.Ft.2/8/2024Westway Dr2832$303,8571,296 Sq.Ft.6/2/2025Westwinde Ct533$660,0002,331 Sq.Ft.7/11/2022Westwinde St7943$558,3772,179 Sq.Ft.5/16/2025Westwood Dr2931$288,1481,459 Sq.Ft.10/10/2024Wexford St2931$234,7141,142 Sq.Ft.9/19/2023Weymouth Dr7032$360,2901,771 Sq.Ft.1/31/2025Whalen Ct242$245,0001,323 Sq.Ft.5/23/2022Whimbrel Ct2332$422,4781,357 Sq.Ft.3/5/2025Whipperwill Dr643$698,0002,907 Sq.Ft.4/22/2025Whirlaway Ct1333$594,6922,165 Sq.Ft.8/15/2024Whisper Cove Dr1323$272,1541,170 Sq.Ft.12/12/2024Whispering Brk1233$586,2002,115 Sq.Ft.8/13/2018Whispering Brook Ct1222$220,750899 Sq.Ft.1/3/2025Whispering Brook Dr7622$237,645977 Sq.Ft.5/14/2025Whispering Meadows Ct1443$476,4622,196 Sq.Ft.3/1/2023Whispering Ridge St2343$952,0002,387 Sq.Ft.10/25/2024Whispering Timbers433$688,0002,321 Sq.Ft.4/9/2025Whispering Timbers Ct343$637,6672,331 Sq.Ft.7/13/2023Whispering Way2N/AN/AN/A86,280 Sq.Ft.N/AWhisperwood Ct2022$270,150982 Sq.Ft.8/30/2023Whistle Stop Dr3832$361,6221,427 Sq.Ft.11/12/2024White Ave4531$216,5681,145 Sq.Ft.1/29/2025111 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
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
701 Atwood St NEGrand Rapids, MI 49503
Estimated Value $311,000
Living Area 1,684 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-14-30-279-027
Neighborhood Midtown
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
152 Prospect Ave NEGrand Rapids, MI 49503
Estimated Value $528,000
Living Area 3,750 SqFt
Beds 3
Baths 2.5
Year Built 1870
Property Type Single Family
Ownership Type Individual
APN 41-14-30-181-007
Neighborhood Heritage Hill
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
621 Fountain St NEGrand Rapids, MI 49503
Estimated Value $389,000
Living Area 2,498 SqFt
Beds 4
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-276-016
Neighborhood Midtown
School District Grand Rapids Public Schools
437 Shirley St NEGrand Rapids, MI 49503
Estimated Value $214,000
Living Area 968 SqFt
Beds 3
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-14-19-253-020
Neighborhood Belknap Lookout
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
940 Monroe Ave NW #303Grand Rapids, MI 49503
Estimated Value $414,000
Living Area 1,403 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Trust
APN 41-13-24-285-113
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
310 Eastern Ave NEGrand Rapids, MI 49503
Estimated Value $256,000
Living Area 1,134 SqFt
Beds 3
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Corporate
APN 41-14-29-103-016
Neighborhood Midtown
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
27 Library St NE #301Grand Rapids, MI 49503
Estimated Value $501,000
Living Area 1,041 SqFt
Beds 1
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Corporate
APN 41-14-30-163-005
Neighborhood Heartside
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
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
1145 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $230,000
Living Area 948 SqFt
Beds 3
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Multiple
APN 41-13-24-103-019
Neighborhood West Grand
School District Grand Rapids Public Schools