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
Bromley Dr3032$362,8281,692 Sq.Ft.12/30/2022Brookcross St264$399,0001,943 Sq.Ft.11/22/2023Brook Ct632$352,1671,369 Sq.Ft.4/25/2025Brook Dr143$484,0002,160 Sq.Ft.12/3/2010Brookfarm Ct832$342,1251,429 Sq.Ft.7/27/2021Brookfarm Dr2732$347,8891,416 Sq.Ft.3/17/2025Brookfield Ave931$269,1111,045 Sq.Ft.12/1/2022Brookhaven Pl2031$124,2501,456 Sq.Ft.N/ABrookhills Ct2643$625,9622,516 Sq.Ft.8/29/2024Brook Hollow Pl1543$405,2001,667 Sq.Ft.5/19/2022Brooklane Ave1642$347,6881,741 Sq.Ft.5/5/2023Brooklawn Ln1221$117,4171,010 Sq.Ft.N/ABrooklyn Ave24432$352,5461,557 Sq.Ft.4/24/2025Brookmark St6331$286,7621,051 Sq.Ft.6/2/2025Brookmeadow Ct2833$369,0711,581 Sq.Ft.4/30/2025Brookmeadow Dr6632$361,6061,553 Sq.Ft.2/28/2025Brookmere Dr4331$121,6341,400 Sq.Ft.N/ABrookmoor Ct933$595,4441,865 Sq.Ft.5/23/2019Brookmoor Dr232$461,0002,148 Sq.Ft.11/16/2018Brookpoint Dr1143$721,0002,738 Sq.Ft.10/6/2021Brookridge Ct432$316,7501,066 Sq.Ft.9/13/2022Brookridge St3132$304,8061,144 Sq.Ft.4/1/2025Brookshire Ct642$340,4001,691 Sq.Ft.8/7/2020Brookshire Dr2132$317,8571,525 Sq.Ft.1/10/2025Brookside Dr832$380,1252,093 Sq.Ft.2/23/2018Brook Trails Ct1132$355,5451,771 Sq.Ft.8/9/2021Brooktree Ln345$1,282,0003,851 Sq.Ft.12/29/2023Brook Trl5032$349,2601,670 Sq.Ft.1/16/2025Brookview Dr421$311,5001,685 Sq.Ft.4/15/2022Brookville Plz1N/A1N/A2,361 Sq.Ft.9/25/2015Brookwood Ct442$326,2501,463 Sq.Ft.10/30/2024Brookwood Dr3132$332,1671,522 Sq.Ft.8/22/2024Brownell Ct842$374,7501,529 Sq.Ft.4/27/2023Brownell St8332$310,5121,391 Sq.Ft.2/7/2025Browning Ct733$428,2862,109 Sq.Ft.2/27/2025Browning Dr1733$432,8751,930 Sq.Ft.1/7/2025Brown St11031$211,8891,364 Sq.Ft.4/23/2025Brownwood Ave4432$361,5001,545 Sq.Ft.3/28/2025Brunsink Dr2232$449,7731,794 Sq.Ft.5/16/2025Bryanwood Dr3232$334,7191,274 Sq.Ft.1/18/2024Bryceway Ct1622$400,9381,361 Sq.Ft.5/16/2024Brynell Ct1031$321,400987 Sq.Ft.8/11/2022B St842$216,0001,508 Sq.Ft.10/16/2020Buccaneer Dr1743$643,7332,354 Sq.Ft.11/15/2024Buchanan Ave39431$244,9355,016 Sq.Ft.5/28/2025Buck Creek Ave1932$302,1115,747 Sq.Ft.5/16/2023Buck Creek Ct632$312,0001,374 Sq.Ft.9/25/2023Buckingham St3831$258,7111,282 Sq.Ft.2/16/2024Buckley St1352$280,0004,318 Sq.Ft.1/28/2022Buddy St8N/A1$255,286N/AN/ABuffalo Ave2542$269,2501,655 Sq.Ft.2/29/2024Bulrush Dr2243$505,6821,852 Sq.Ft.11/27/2024Bunker Hill Ct1443$453,0712,225 Sq.Ft.3/3/2025Bunker Hill Dr343$429,0002,086 Sq.Ft.9/26/2022Burchard St3832$513,1581,484 Sq.Ft.4/17/2025Burgen Ave843$456,3751,852 Sq.Ft.8/24/2023Burgen Ct1043$449,8001,699 Sq.Ft.12/4/2020Burger Dr7333$651,0002,149 Sq.Ft.6/13/2024Burgis Ave15732$300,6001,523 Sq.Ft.4/21/2025Burgis Ct1132$294,0911,332 Sq.Ft.3/13/2025Burke Ave14131$276,0361,158 Sq.Ft.5/16/2025Burning Tree Dr2843$620,8572,419 Sq.Ft.8/27/2024Burning Woods Ct933$490,7781,612 Sq.Ft.5/9/2025Burnside St232$288,0001,075 Sq.Ft.3/31/2021Burns St1331$207,3081,020 Sq.Ft.5/21/2025Burritt St6732$357,6821,388 Sq.Ft.3/20/2025Burr Oak St8331$264,3251,313 Sq.Ft.2/14/2025Burrwick Dr2642$543,3852,035 Sq.Ft.3/3/2025Burrwood St833$491,2501,992 Sq.Ft.8/22/2022Burton Ct643$512,5001,705 Sq.Ft.1/9/2019Burton Forest Ct1533$559,5331,937 Sq.Ft.9/27/2024Burton Knoll Ct643$472,3331,473 Sq.Ft.10/31/2022Burton Pines Dr333$731,0002,776 Sq.Ft.7/11/2019Burton Pointe Blvd2143$538,6671,675 Sq.Ft.2/3/2025Burton St70332$340,8533,825 Sq.Ft.5/23/2025Burton Trail Dr332$474,3331,768 Sq.Ft.9/14/2023Burton Woods Ct443$597,2502,026 Sq.Ft.10/1/2014Burt St7431$230,4291,000 Sq.Ft.4/25/2025Butler Ave1431$219,8571,315 Sq.Ft.3/14/2025Butterfly Ct1343$688,5382,350 Sq.Ft.1/18/2016Butterworth St23432$305,0986,329 Sq.Ft.2/28/2025Buttrick Ave932$475,4291,693 Sq.Ft.11/3/2016Byers St2221$249,0911,121 Sq.Ft.4/23/2025Bylsma Dr932$386,4441,785 Sq.Ft.6/18/2021Byron St2641$407,6921,730 Sq.Ft.9/26/2024By Waters Ct744$1,028,2862,395 Sq.Ft.4/21/2023Cabot Dr231$321,0001,123 Sq.Ft.10/18/2016Cadillac Dr3442$638,5292,120 Sq.Ft.12/10/2024Cadwell Ave552$241,2501,700 Sq.Ft.11/5/2018Cahoon Dr1433$563,3571,743 Sq.Ft.7/18/2024Calais Ct2143$609,6192,130 Sq.Ft.11/8/2023Calann Ave3N/AN/AN/A11,949 Sq.Ft.11/1/1996Calder1N/AN/AN/AN/AN/ACaledonia St3742$254,0001,754 Sq.Ft.10/1/2024Calgary St2021$251,500989 Sq.Ft.5/28/2024Calhoun St2031$221,8501,054 Sq.Ft.10/18/2024California St11031$252,8991,259 Sq.Ft.3/25/2025Calkins Ave2532$337,9131,903 Sq.Ft.5/5/2023Callander Dr1N/AN/AN/A11,040 Sq.Ft.10/30/2014Calvary Ave3131$284,3231,184 Sq.Ft.8/15/2024715 Pat Ave NWGrand Rapids, MI 49504
Estimated Value $261,000
Living Area 952 SqFt
Beds 3
Baths 1
Year Built 1968
Property Type Single Family
Ownership Type Individual
APN 41-13-23-406-012
Neighborhood West Grand
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
940 Monroe Ave NW #223Grand Rapids, MI 49503
Estimated Value $399,000
Living Area 1,001 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-072
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
505 Cherry St SE #308Grand Rapids, MI 49503
Estimated Value $243,000
Living Area 473 SqFt
Beds 1
Baths 1
Year Built 1949
Property Type Condominium
Ownership Type Trust
APN 41-14-30-408-049
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
1013 Veto St NWGrand Rapids, MI 49504
Estimated Value $286,000
Living Area 1,440 SqFt
Beds 4
Baths 2
Year Built 1926
Property Type Single Family
Ownership Type Trust
APN 41-13-26-256-025
Neighborhood John Ball Park
School District Grand Rapids Public Schools
505 Cherry St SE #614Grand Rapids, MI 49503
Estimated Value $133,000
Living Area 369 SqFt
Beds 1
Baths 1
Year Built 1949
Property Type Condominium
Ownership Type Individual
APN 41-14-30-408-089
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
12 Deloney Ave SWGrand Rapids, MI 49504
Estimated Value $208,000
Living Area 956 SqFt
Beds 3
Baths 1
Year Built 1880
Property Type Single Family
Ownership Type Multiple
APN 41-13-26-428-003
Neighborhood John Ball Park
School District Grand Rapids Public Schools
228 Madison Ave SEGrand Rapids, MI 49503
Estimated Value $727,000
Living Area 3,589 SqFt
Beds 5
Baths 2
Year Built 1921
Property Type Single Family
Ownership Type Individual
APN 41-14-30-451-005
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
560 Pine Ave NWGrand Rapids, MI 49504
Estimated Value $230,000
Living Area 1,232 SqFt
Beds 3
Baths 1
Year Built 1880
Property Type Single Family
Ownership Type Individual
APN 41-13-23-453-004
Neighborhood West Grand
School District Grand Rapids Public Schools
1051 Alpine Ave NWGrand Rapids, MI 49504
Estimated Value $245,000
Living Area 2,112 SqFt
Beds 4
Baths 2
Year Built 1902
Property Type Single Family
Ownership Type Individual
APN 41-13-23-233-020
Neighborhood West Grand
School District Grand Rapids Public Schools
726 Coit Ave NEGrand Rapids, MI 49503
Estimated Value $357,000
Living Area 2,320 SqFt
Beds 6
Baths 2
Year Built 1892
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-326-010
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
940 Monroe Ave NW #202Grand Rapids, MI 49503
Estimated Value $340,000
Living Area 1,088 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-057
Neighborhood Belknap Lookout
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
853 Jennette Ave NWGrand Rapids, MI 49504
Estimated Value $191,000
Living Area 1,036 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-284-009
Neighborhood West Grand
School District Grand Rapids Public Schools
145 National Ave NWGrand Rapids, MI 49504
Estimated Value $219,000
Living Area 1,105 SqFt
Beds 3
Baths 1.5
Year Built 1915
Property Type Single Family
Ownership Type Individual
APN 41-13-25-151-016
Neighborhood John Ball Park
School District Grand Rapids Public Schools
745 Lyon St NEGrand Rapids, MI 49503
Estimated Value $388,000
Living Area 1,890 SqFt
Beds 5
Baths 2
Year Built 1923
Property Type Single Family
Ownership Type Corporate
APN 41-14-30-232-027
Neighborhood Midtown
School District Grand Rapids Public Schools