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
Woodglen St4131$357,5001,333 Sq.Ft.5/15/2025Woodland Ave1531$322,8001,369 Sq.Ft.4/29/2022Woodland Creek Dr2N/AN/AN/AN/AN/AWoodland Dr7N/AN/A$245,00092,787 Sq.Ft.2/20/2025Woodlawn Ave11032$440,6231,635 Sq.Ft.9/12/2024Woodlawn Ct732$443,6006,875 Sq.Ft.3/10/2023Woodlawn St4932$206,1841,443 Sq.Ft.5/19/2025Woodmeade Ct1N/AN/AN/AN/AN/AWoodmeadow Dr2343$384,9232,420 Sq.Ft.9/19/2024Woodmeadow Pl1N/AN/AN/AN/A4/22/1994Woodmere Ave2642$424,9231,944 Sq.Ft.4/23/2025Woodmont St732$322,4291,331 Sq.Ft.7/21/2022Woodnymph Ct632$493,1671,367 Sq.Ft.4/20/2022Woodpath Dr531$338,2001,192 Sq.Ft.4/19/2024Woodridge Cir6033$671,1501,781 Sq.Ft.3/29/2024Woodridge St1831$246,667990 Sq.Ft.3/28/2023Woodrose Ct1622$268,750982 Sq.Ft.3/28/2025Woodrow Ave7031$318,8861,379 Sq.Ft.5/22/2025Woodsboro Ct943$452,4441,922 Sq.Ft.9/10/2015Woodsboro Dr3943$444,5901,737 Sq.Ft.6/5/2024Woodshire Ave1443$787,9292,580 Sq.Ft.10/18/2024Woodshire Pl1922$277,7891,017 Sq.Ft.8/5/2022Woodside Ave2231$349,1821,232 Sq.Ft.2/28/2025Woodside Dr2632$392,9621,577 Sq.Ft.5/19/2023Woodside Oaks Dr2143$595,4002,630 Sq.Ft.9/27/2023Woodside Trl2423$509,5001,736 Sq.Ft.10/16/2024Woodstock Ave1331$229,9231,045 Sq.Ft.10/11/2022Woodstream Dr1944$915,6322,424 Sq.Ft.5/16/2025Woodvale St3143$569,5812,168 Sq.Ft.9/13/2024Woodview Ln1N/A2$451,000999 Sq.Ft.N/AWoodward Ave6431$354,4761,364 Sq.Ft.4/24/2025Woodward Ln1132$647,5452,409 Sq.Ft.7/1/2021Woodwind Dr4932$328,5921,628 Sq.Ft.5/1/2025Woodworth St5332$328,6141,328 Sq.Ft.2/13/2025Woolsey Dr3931$211,711894 Sq.Ft.1/14/2025Wooster Ave442$343,5001,488 Sq.Ft.9/18/2024Worcester Dr11932$387,1261,565 Sq.Ft.4/2/2025Worden St14142$246,3191,754 Sq.Ft.4/15/2025Wren Ave344$1,204,0002,992 Sq.Ft.2/1/2017Wright St2521$212,583892 Sq.Ft.5/9/2025Wyandotte Dr2642$336,2311,722 Sq.Ft.10/15/2024Wycliff Dr632$494,2501,652 Sq.Ft.9/24/2021Wyndam Ct333$407,3331,658 Sq.Ft.7/21/2021Wyndham Dr1523$428,2001,511 Sq.Ft.4/30/2025Wyndhurst Ct1143$690,4552,057 Sq.Ft.10/26/2020Wyndtree Ln3032$326,7331,358 Sq.Ft.11/22/2023Yarrow Dr744$1,371,1433,780 Sq.Ft.8/31/2020York Dr932$622,5562,008 Sq.Ft.8/15/2021Yorkshire St1431$299,0711,372 Sq.Ft.12/12/2024Yorktown Dr2043$403,3001,866 Sq.Ft.6/14/2024Youell Ave2442$411,1251,792 Sq.Ft.3/4/2022Zackery Ct333$521,0001,665 Sq.Ft.6/30/2016Zeeland Ct831$247,1251,042 Sq.Ft.5/20/2025Zeno St1631$214,1251,249 Sq.Ft.9/25/2024Zinnia Ct732$386,1431,505 Sq.Ft.9/8/2023Zion Ct443$433,0001,939 Sq.Ft.5/18/2021Zoe Ln933$698,6673,198 Sq.Ft.5/15/2018Zuni Trl1622$210,0001,167 Sq.Ft.12/13/20241028 Lake Michigan Dr NWGrand Rapids, MI 49504
Estimated Value $241,000
Living Area 1,290 SqFt
Beds 3
Baths 1
Year Built 1951
Property Type Single Family
Ownership Type Individual
APN 41-13-26-254-007
Neighborhood John Ball Park
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
121 Logan St SEGrand Rapids, MI 49503
Estimated Value $516,000
Living Area 1,548 SqFt
Beds 3
Baths 2.5
Year Built 2016
Property Type Condominium
Ownership Type Individual
APN 41-14-31-111-008
Neighborhood Southeast Community / SECA
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
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
900 4th St NWGrand Rapids, MI 49504
Estimated Value $271,000
Living Area 2,030 SqFt
Beds 5
Baths 2
Year Built 1880
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-437-010
Neighborhood West Grand
School District Grand Rapids Public Schools
508 Crosby St NWGrand Rapids, MI 49504
Estimated Value $201,000
Living Area 762 SqFt
Beds 2
Baths 1
Year Built 1915
Property Type Single Family
Ownership Type Corporate
APN 41-13-13-383-003
Neighborhood West Grand
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
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
27 Library St NE #703Grand Rapids, MI 49503
Estimated Value $342,000
Living Area 731 SqFt
Beds 1
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Corporate
APN 41-14-30-163-030
Neighborhood Heartside
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
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
756 Sinclair Ave NEGrand Rapids, MI 49503
Estimated Value $188,000
Living Area 1,078 SqFt
Beds 3
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-14-19-402-004
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1001 Lake Michigan Dr NWGrand Rapids, MI 49504
Estimated Value $323,000
Living Area 1,613 SqFt
Beds 3
Baths 1.5
Year Built 1950
Property Type Single Family
Ownership Type Corporate
APN 41-13-26-252-023
Neighborhood John Ball Park
School District Grand Rapids Public Schools
854 Nagold St NWGrand Rapids, MI 49504
Estimated Value $226,000
Living Area 1,248 SqFt
Beds 4
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-13-23-436-004
Neighborhood West Grand
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