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
Calvert Ave432$323,2501,320 Sq.Ft.1/23/2023Calvin Ave17332$312,4441,913 Sq.Ft.5/15/2025Cambot Ct743$448,1431,832 Sq.Ft.2/26/2024Cambridge Blvd5744$1,383,1753,486 Sq.Ft.11/30/2023Cambridge Dr16742$595,9101,925 Sq.Ft.5/1/2025Cambridge St822$212,375853 Sq.Ft.9/1/2022Camelot Blvd2N/AN/AN/AN/AN/ACamelot Ct5N/A1N/A14,362 Sq.Ft.11/21/2003Camelot Dr2653$415,0002,668 Sq.Ft.6/12/2024Camelot Ridge Ct1N/AN/AN/A15,650 Sq.Ft.5/30/2003Camelot Ridge Dr3N/AN/AN/A48,996 Sq.Ft.8/31/2006Cameron St1232$251,2731,158 Sq.Ft.5/23/2025Camille Dr4332$434,1861,732 Sq.Ft.3/6/2024Campau Ave112N/A33,060 Sq.Ft.N/ACampau Cir15921$470,7081,672 Sq.Ft.12/16/2024Campbell Pl1143$484,8182,568 Sq.Ft.4/28/2023Campus Dr732$461,0001,813 Sq.Ft.11/1/2024Campus Park Ave1843$306,7221,749 Sq.Ft.10/28/2022Canary Grass Dr832$395,6251,559 Sq.Ft.1/27/2022Candi Ln843$685,8752,213 Sq.Ft.10/19/2020Candlestick Ave1143$582,5452,138 Sq.Ft.11/16/2018Candlewick Ct1643$641,2502,325 Sq.Ft.2/22/2023Candlewood Dr1743$553,9412,323 Sq.Ft.2/19/2025Canright St1321$294,7691,150 Sq.Ft.8/5/2022Canterbury Ct343$468,3331,875 Sq.Ft.12/17/2021Canterbury St3531$245,6291,121 Sq.Ft.3/10/2025Canton St3732$212,82112,188 Sq.Ft.4/25/2023Canyon Creek Ct654$913,3333,275 Sq.Ft.11/5/2021Canyon Creek Dr1143$693,6362,362 Sq.Ft.9/6/2024Canyon Dr1532$360,9331,475 Sq.Ft.4/29/2025Canyonside Ct2343$524,2172,112 Sq.Ft.12/21/2022Canyon Trce332$374,6671,372 Sq.Ft.1/14/2019Capen St1342$290,6921,568 Sq.Ft.1/27/2023Capilano Ct633$687,1672,393 Sq.Ft.11/17/2022Capilano Dr1243$662,1672,325 Sq.Ft.10/9/2024Capitan Dr3632$417,5711,439 Sq.Ft.10/17/2024Capitol Ridge Ct454$1,046,0002,956 Sq.Ft.3/3/2025Cardiff Ct743$653,7142,372 Sq.Ft.10/15/2021Cardinal Dr544$1,819,6003,726 Sq.Ft.8/13/2021Cargill St1132$239,8001,427 Sq.Ft.4/11/2025Carlson Woods Dr3N/AN/AN/AN/A11/25/2024Carlton Ave25031$314,7591,512 Sq.Ft.5/23/2025Carman Ave1132$260,4551,748 Sq.Ft.1/10/2023Carnoustie Ave3443$552,6762,264 Sq.Ft.2/3/2025Caroline Pl1831$246,1111,045 Sq.Ft.5/24/2023Carpenter Ave10932$366,5001,657 Sq.Ft.5/21/2025Carriage Hill Dr953$365,0001,855 Sq.Ft.4/9/2025Carriage Ln8121$174,753950 Sq.Ft.4/11/2025Carrick Ave3631$306,7501,181 Sq.Ft.5/16/2024Carrier Creek Blvd4832$314,2501,836 Sq.Ft.4/29/2025Carrier St9431$252,9051,701 Sq.Ft.3/7/2025Carrington Dr643$435,3332,060 Sq.Ft.11/6/2020Carrington Rd2643$578,6922,101 Sq.Ft.9/11/2024Carroll Ave1231$383,5831,679 Sq.Ft.4/28/2022Carson Ave3431$239,8851,023 Sq.Ft.2/26/2025Carter Ave431$227,0001,080 Sq.Ft.N/ACascade Farms Ct753$824,0002,770 Sq.Ft.11/9/2018Cascade Farms Dr2544$946,0422,884 Sq.Ft.4/18/2022Cascade Hills East Dr1623$750,6881,782 Sq.Ft.4/30/2024Cascade Hills Holw1423$847,7862,134 Sq.Ft.5/28/2025Cascade Hills Rdg1833$813,7222,243 Sq.Ft.5/15/2025Cascade Lakes Cir4154$1,077,0493,010 Sq.Ft.4/24/2025Cascade Lakes Ct1244$985,4172,870 Sq.Ft.10/4/2023Cascade Lakes Rd144$895,0003,840 Sq.Ft.11/15/1996Cascade Place Dr2032$349,6501,049 Sq.Ft.9/10/2024Cascade Pnes433$740,0002,049 Sq.Ft.1/20/2017Cascade Pointe Ct554$1,077,4003,228 Sq.Ft.7/24/2023Cascade Pointe Dr2254$1,126,9552,958 Sq.Ft.7/22/2022Cascade Rd47232$527,5104,103 Sq.Ft.5/16/2025Cascade Springs Dr8843$746,6122,278 Sq.Ft.5/22/2025Cascade Ter2343$547,0002,118 Sq.Ft.6/12/2024Cascade West Pkwy12N/AN/AN/A15,602 Sq.Ft.12/13/2021Cascade Woods Dr3043$584,0002,243 Sq.Ft.5/31/2024Cashew Ct1032$362,3001,471 Sq.Ft.10/13/2023Casimer Ave1N/AN/AN/AN/AN/ACassandra Ct1332$396,6921,325 Sq.Ft.7/17/2020Cassandra St732$404,7141,682 Sq.Ft.7/15/2024Cassard Ln4N/AN/AN/A36,852 Sq.Ft.N/ACass Ave17832$240,6141,725 Sq.Ft.5/16/2025Casta View Dr253$633,0003,094 Sq.Ft.6/28/2005Castle Brook Ave1933$360,5791,491 Sq.Ft.2/4/2021Castle Dr1732$383,2351,480 Sq.Ft.6/3/2025Castle Rock Dr843$419,8751,812 Sq.Ft.2/27/2023Catalpa Dr2044$822,6002,555 Sq.Ft.4/21/2023Caterpillar Ct6N/AN/AN/A112,014 Sq.Ft.11/11/2013Caulfield Ave10442$219,6871,735 Sq.Ft.12/23/2024Cavalcade Dr1143$677,0002,428 Sq.Ft.11/6/2023Cavanagh St2231$289,7271,025 Sq.Ft.6/19/2024Cayuga St1731$338,5881,413 Sq.Ft.7/29/2022C Devonwood Hills Dr3022$173,267835 Sq.Ft.5/16/2025Cedar Crest Ct2143$448,0002,570 Sq.Ft.4/2/2025Cedar Crest Dr2242$411,0002,061 Sq.Ft.8/28/2024Cedar Crest Ln543$453,6002,800 Sq.Ft.11/30/2017Cedar Hill St1N/AN/A$388,000N/AN/ACedar Landing Dr1532$376,4671,344 Sq.Ft.3/1/2024Cedar Ridge St2743$423,7782,340 Sq.Ft.8/6/2024Cedar Run Ct13118$517,9233,919 Sq.Ft.4/24/2015Cedar St9931$247,0792,757 Sq.Ft.9/24/2024Celadon Dr10222$371,311889 Sq.Ft.5/16/2025Celebration Dr7N/A1N/A39,205 Sq.Ft.1/8/2013315 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
335 Bridge St NW #2301Grand Rapids, MI 49504
Estimated Value $504,000
Living Area 1,495 SqFt
Beds 2
Baths 2
Year Built 2007
Property Type Condominium
Ownership Type Multiple
APN 41-13-24-453-059
Neighborhood John Ball Park
School District Grand Rapids Public Schools
45 Campau Cir NWGrand Rapids, MI 49503
Estimated Value $354,000
Living Area 967 SqFt
Beds 2
Baths 1
Year Built 1990
Property Type Condominium
Ownership Type Individual
APN 41-13-25-264-108
Neighborhood Downtown
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
1222 Wieland Pl NWGrand Rapids, MI 49504
Estimated Value $198,000
Living Area 980 SqFt
Beds 4
Baths 1
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-13-383-023
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
1036 Lafayette Ave NEGrand Rapids, MI 49503
Estimated Value $234,000
Living Area 2,240 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Multiple
APN 41-14-19-129-006
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
49 Monroe Center St NW #7Grand Rapids, MI 49503
Estimated Value $613,000
Living Area 1,387 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Condominium
Ownership Type Corporate
APN 41-13-25-294-031
Neighborhood Downtown
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
655 Powers Ave NWGrand Rapids, MI 49504
Estimated Value $307,000
Living Area 1,500 SqFt
Beds 3
Baths 2
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 41-13-23-408-014
Neighborhood West Grand
School District Grand Rapids Public Schools
509 Coit Ave NEGrand Rapids, MI 49503
Estimated Value $297,000
Living Area 1,387 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 41-14-19-355-015
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
45 College Ave NEGrand Rapids, MI 49503
Estimated Value $694,000
Living Area 4,490 SqFt
Beds 7
Baths 5
Year Built 1890
Property Type Single Family
Ownership Type Related
APN 41-14-30-253-030
Neighborhood Heritage Hill
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
737 Fremont Ave NWGrand Rapids, MI 49504
Estimated Value $279,000
Living Area 1,400 SqFt
Beds 4
Baths 2
Year Built 2016
Property Type Single Family
Ownership Type Individual
APN 41-13-23-427-017
Neighborhood West Grand
School District Grand Rapids Public Schools
615 Fairview Ave NE #4Grand Rapids, MI 49503
Estimated Value $496,000
Living Area 1,253 SqFt
Beds 2
Baths 3
Year Built 2018
Property Type Condominium
Ownership Type Individual
APN 41-14-19-316-007
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools