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
Celia St7231$255,6481,201 Sq.Ft.5/9/2025Centennial Ave3941$366,5381,687 Sq.Ft.7/1/2024Centennial Ct542$356,0001,793 Sq.Ft.2/8/2023Center Ave4131$241,7751,429 Sq.Ft.3/25/2025Center Ct4N/AN/AN/A43,721 Sq.Ft.11/4/2005Center Dr10N/AN/AN/A144,746 Sq.Ft.2/27/2015Century Ave40N/A1$160,00022,796 Sq.Ft.8/15/2023Cesar E Chavez Ave22542$230,0616,996 Sq.Ft.5/22/2025Chad Alan Dr2243$555,4091,782 Sq.Ft.7/18/2019Chadwick Ave3142$315,5811,541 Sq.Ft.4/18/2025Chamberlain Ave19832$354,2691,625 Sq.Ft.4/21/2025Chamberlain Ct642$368,0001,834 Sq.Ft.2/4/2022Chamonix Ct743$663,5712,370 Sq.Ft.11/20/2023Champagne Ct943$629,7782,167 Sq.Ft.6/27/2016Champion Ave10N/A1$253,111N/AN/AChamplin Dr943$424,1111,463 Sq.Ft.4/19/2024Chandy Ct632$341,5001,592 Sq.Ft.6/25/2021Chandy Dr2441$337,6361,485 Sq.Ft.9/29/2023Chapshire Dr3832$243,8421,170 Sq.Ft.7/6/2022Charles Ave7842$342,0831,861 Sq.Ft.11/17/2023Charleston Ct1243$481,8332,242 Sq.Ft.10/3/2022Charlevoix Dr9322$419,5904,702 Sq.Ft.1/3/2025Charlevoix Woods Ct5N/AN/AN/A50,236 Sq.Ft.4/30/2014Charlotte Ave8932$334,7641,458 Sq.Ft.4/16/2025Chaska Ct843$416,8751,428 Sq.Ft.7/26/2019Chatham St7742$262,5261,646 Sq.Ft.3/20/2024Chatham Woods Dr10022$227,990982 Sq.Ft.2/27/2025Chelan Ct112$628,0002,169 Sq.Ft.7/27/2017Chelsea Dr3532$400,5001,581 Sq.Ft.6/27/2024Cheney Ave6131$282,7291,113 Sq.Ft.8/27/2024Cherry Dr231$233,500973 Sq.Ft.11/27/2019Cherry Hill Dr143$449,0002,246 Sq.Ft.11/5/1997Cherry Run Ct1532$370,5331,628 Sq.Ft.9/16/2024Cherry Run Dr2333$446,4551,887 Sq.Ft.11/1/2024Cherry St22521$299,4244,067 Sq.Ft.5/21/2025Cherrywood Ln1132$390,5451,690 Sq.Ft.7/7/2014Cheryl Ave732$299,5711,143 Sq.Ft.8/22/2023Chesaning Dr3132$463,7001,794 Sq.Ft.5/19/2025Chesapeake Dr3732$342,8921,408 Sq.Ft.8/12/2022Cheshire Dr3632$436,7351,914 Sq.Ft.5/2/2025Chesterfield Blvd4632$306,2831,325 Sq.Ft.12/8/2023Chester St1042$389,8891,877 Sq.Ft.7/7/2023Chestnut St11N/AN/AN/A18,831 Sq.Ft.1/17/2023Chevy Chace Dr932$417,1111,427 Sq.Ft.7/21/2022Cheyenne Trl732$426,8331,884 Sq.Ft.7/10/2017Chippewa Dr3742$598,5952,173 Sq.Ft.4/14/2025Chipwood Ln932$359,7781,428 Sq.Ft.10/4/2023Christie Ave10742$341,5921,782 Sq.Ft.4/25/2025Christine Ct1743$521,7061,712 Sq.Ft.8/1/2024Chrysler Dr131$307,0001,396 Sq.Ft.N/AChurch Pl252$261,0003,095 Sq.Ft.4/12/2022Cider Mill Ct943$439,1111,757 Sq.Ft.5/11/2022Cidermill Dr3832$396,2971,475 Sq.Ft.5/16/2025Cider Mill Trl1643$413,7501,675 Sq.Ft.9/30/2022Cider Wood Dr2843$442,4641,696 Sq.Ft.3/12/2024Cielo Dr2044$1,472,4003,342 Sq.Ft.4/6/2022Cimarron Dr1743$547,5291,944 Sq.Ft.10/17/2024Cinema Ave2443$426,1302,415 Sq.Ft.2/2/2023Circle Shore Dr6N/AN/A$541,2005,694 Sq.Ft.5/1/2025Cisne Ave3621$228,313844 Sq.Ft.5/9/2025Clancy Ave9232$259,3525,030 Sq.Ft.1/29/2025Claremont Pl4N/A2$393,6672,672 Sq.Ft.4/29/2022Claudia Ave4931$274,1221,066 Sq.Ft.3/7/2025Clay Ave11831$215,90927,868 Sq.Ft.12/20/2024Clay Ct1N/AN/AN/A7,200 Sq.Ft.N/AClaystone St742$427,20013,182 Sq.Ft.7/2/2015Clayton Ave4531$274,6221,058 Sq.Ft.3/13/2025Clearbrook St3142$351,4191,801 Sq.Ft.4/4/2025Clear Creek Ct732$612,2862,088 Sq.Ft.1/2/2025Clearing Way1243$1,178,3332,770 Sq.Ft.8/4/2022Clear Pointe Ct454$416,2502,302 Sq.Ft.3/31/2023Clear Pointe Dr2342$394,2171,872 Sq.Ft.8/18/2022Clear Stream Dr2632$379,8851,568 Sq.Ft.4/8/2024Clearview St2843$657,4292,568 Sq.Ft.5/17/2024Clear Vista Ct2122$271,063959 Sq.Ft.5/23/2025Clear Wood Dr1332$365,4621,507 Sq.Ft.8/23/2024Clements St2631$218,808998 Sq.Ft.9/27/2024Clifford Ave1631$345,1331,511 Sq.Ft.5/18/2023Clinton Ave3632$327,7061,218 Sq.Ft.12/1/2023Clovercrest Ave4632$320,3261,307 Sq.Ft.3/12/2025Clover Ct442$253,0002,219 Sq.Ft.8/25/2010Cloverdale Ave4732$286,4041,179 Sq.Ft.3/10/2025Clover Dr2232$414,9091,860 Sq.Ft.12/22/2022Cloverleaf Ct844$776,3753,134 Sq.Ft.5/16/2025Cloverleaf Dr2542$423,0801,607 Sq.Ft.4/18/2024Cloverly Ct932$322,6671,156 Sq.Ft.2/24/2022Cloverly St1432$315,5711,103 Sq.Ft.9/23/2024Clover Ridge Ave1032$360,3001,410 Sq.Ft.5/29/2024Clydesdale Ct743$523,1431,941 Sq.Ft.12/19/2022Coach Ln342$317,3331,764 Sq.Ft.8/18/2015Coal Car Ct932$378,5561,435 Sq.Ft.7/29/2022Coate Ct1631$184,2501,243 Sq.Ft.11/18/2022Cobblestone Ct4433$416,9471,727 Sq.Ft.4/24/2025Cogswell St5932$266,7321,597 Sq.Ft.4/25/2025Coit Ave58032$314,9161,861 Sq.Ft.3/6/2025Coldbrook St12031$247,6676,403 Sq.Ft.4/24/2025Cole Ave2331$237,0871,319 Sq.Ft.8/26/2024Coleman St5742$316,7921,926 Sq.Ft.10/21/2024Colfax St3442$242,4691,628 Sq.Ft.8/15/2024College Ave70332$350,4392,373 Sq.Ft.5/23/202527 Library St NE #902Grand Rapids, MI 49503
Estimated Value $1,217,000
Living Area 3,861 SqFt
Beds 4
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Individual
APN 41-14-30-163-039
Neighborhood Heartside
School District Grand Rapids Public Schools
1125 Davis Ave NWGrand Rapids, MI 49504
Estimated Value $192,000
Living Area 1,200 SqFt
Beds 3
Baths 1
Year Built 1912
Property Type Single Family
Ownership Type Individual
APN 41-13-24-102-019
Neighborhood West Grand
School District Grand Rapids Public Schools
108 National Ave NWGrand Rapids, MI 49504
Estimated Value $290,000
Living Area 1,311 SqFt
Beds 3
Baths 1.5
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-13-25-156-008
Neighborhood John Ball Park
School District Grand Rapids Public Schools
727 Lockwood St NEGrand Rapids, MI 49503
Estimated Value $394,000
Living Area 1,698 SqFt
Beds 4
Baths 1
Year Built 1919
Property Type Single Family
Ownership Type Individual
APN 41-14-30-281-021
Neighborhood Midtown
School District Grand Rapids Public Schools
419 Hopson St NEGrand Rapids, MI 49503
Estimated Value $186,000
Living Area 755 SqFt
Beds 2
Baths 1
Year Built 1954
Property Type Single Family
Ownership Type Individual
APN 41-14-19-255-028
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
545 Fountain St NEGrand Rapids, MI 49503
Estimated Value $564,000
Living Area 2,749 SqFt
Beds 4
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-252-049
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
808 6th St NWGrand Rapids, MI 49504
Estimated Value $260,000
Living Area 1,380 SqFt
Beds 2
Baths 1.5
Year Built 1917
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-431-006
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
704 Sinclair Ave NEGrand Rapids, MI 49503
Estimated Value $243,000
Living Area 1,790 SqFt
Beds 5
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-14-19-406-004
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1141 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $231,000
Living Area 1,005 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-24-103-020
Neighborhood West Grand
School District Grand Rapids Public Schools
4 Trowbridge St NEGrand Rapids, MI 49503
Estimated Value $587,000
Living Area 2,347 SqFt
Beds 4
Baths 1
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 41-14-19-351-001
Neighborhood Belknap Lookout
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
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
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
57 Campau Cir NWGrand Rapids, MI 49503
Estimated Value $492,000
Living Area 1,338 SqFt
Beds 2
Baths 1
Year Built 1990
Property Type Condominium
Ownership Type Trust
APN 41-13-25-264-101
Neighborhood Downtown
School District Grand Rapids Public Schools
801 Monroe Ave NW #404Grand Rapids, MI 49503
Estimated Value $618,000
Living Area 1,856 SqFt
Beds 2
Baths 2
Year Built 1900
Property Type Condominium
Ownership Type Individual
APN 41-13-24-441-025
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools