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
Collier Ave3032$256,7331,610 Sq.Ft.4/14/2025Collindale Ave16032$370,9481,577 Sq.Ft.5/30/2025Collins Ave5131$225,8161,393 Sq.Ft.5/16/2025Colonial Ave932$301,8891,690 Sq.Ft.12/3/2024Colorado Ave7232$319,3891,430 Sq.Ft.5/12/2025Colrain St5531$253,8041,788 Sq.Ft.4/5/2024Colton Ave1732$329,5881,420 Sq.Ft.4/18/2022Columbia Ave2931$247,6551,204 Sq.Ft.1/17/2025Columbus St921$283,6251,057 Sq.Ft.8/11/2023Commerce Ave86N/A1$333,6147,220 Sq.Ft.12/1/2021Commons Ave1N/AN/AN/AN/AN/ACommon Way Dr1N/AN/AN/A184,186 Sq.Ft.3/16/2020Compass Dr1N/AN/AN/AN/AN/AComstock Blvd4032$375,6151,664 Sq.Ft.5/24/2024Concord Ave2832$360,6071,416 Sq.Ft.6/16/2023Concord St132$353,0001,567 Sq.Ft.10/26/1989Conductor Ct732$366,7141,461 Sq.Ft.11/7/2023Coneflower Ct2132$435,3811,913 Sq.Ft.5/2/2025Conestoga Ct943$447,1111,954 Sq.Ft.6/15/2016Conger St2032$406,9001,762 Sq.Ft.8/26/2024Congress Ave921$226,3331,118 Sq.Ft.5/12/2025Conklin Ct1N/AN/AN/AN/A8/12/2011Conlon Ave4232$593,2861,935 Sq.Ft.7/12/2024Conrad St2431$261,2081,044 Sq.Ft.7/6/2023Cooks Creek Dr1343$703,1542,752 Sq.Ft.7/9/2024Cooks Meadow Dr1543$655,0002,406 Sq.Ft.8/8/2024Coolidge St3331$234,032995 Sq.Ft.7/18/2024Cooper Ave5231$231,5691,315 Sq.Ft.4/28/2025Coppergrove Ct943$714,6672,362 Sq.Ft.9/20/2021Coppergrove Dr3043$696,4672,223 Sq.Ft.3/18/2025Copper Hill Dr2743$738,2592,407 Sq.Ft.9/13/2024Coral Valley Ct532$328,4001,818 Sq.Ft.1/17/2025Coral Valley Dr1132$306,1821,480 Sq.Ft.10/9/2020Cora St2231$251,2731,173 Sq.Ft.8/3/2023Cordelia St3531$179,4381,095 Sq.Ft.2/7/2022Corewell Dr1N/AN/AN/A226,925 Sq.Ft.12/30/2014Corinne St10931$203,2571,254 Sq.Ft.5/22/2025Cornelia Ave1732$256,1761,047 Sq.Ft.4/24/2025Cornelia Ct832$336,6251,448 Sq.Ft.8/27/2024Cornelius Ave3131$245,7421,401 Sq.Ft.4/17/2025Cornell Dr4442$482,0231,751 Sq.Ft.5/22/2025Cornwall Ave4N/AN/A$203,0007,312 Sq.Ft.11/5/1998Coronado Dr2243$769,7272,166 Sq.Ft.4/24/2025Corona St332$318,6671,068 Sq.Ft.7/26/1999Corporate Exchange Blvd7N/AN/AN/A42,668 Sq.Ft.11/16/2020Corporate Exchange Ct4N/AN/AN/A40,339 Sq.Ft.3/31/1999Corporate Grove Dr6N/AN/AN/A93,946 Sq.Ft.5/28/2024Corville Ct1612$391,7501,254 Sq.Ft.2/3/2025Costa Ave5132$293,6121,437 Sq.Ft.3/17/2025Cotswold Ln254$1,465,5003,749 Sq.Ft.10/15/2024Cottage Grove St3631$210,36442,286 Sq.Ft.9/20/2024Country Club Dr3142$327,4001,814 Sq.Ft.11/30/2023Country Gdns3022$311,3331,160 Sq.Ft.5/30/2025Country Hill Dr3432$352,4851,485 Sq.Ft.8/2/2024Country Lane Dr3N/AN/A$260,000N/AN/ACountry Ln2332$378,2171,481 Sq.Ft.10/16/2023Countryside Dr2143$395,6192,352 Sq.Ft.4/15/2022Country Trl1043$846,2002,562 Sq.Ft.8/19/2022Countrywood Ct1153$356,1821,815 Sq.Ft.9/16/2021Countrywood Dr2164$385,4212,071 Sq.Ft.6/24/2021Courier Dr8N/AN/AN/A30,485 Sq.Ft.4/19/2007Courtney St11031$250,3431,442 Sq.Ft.12/6/2024Courtyard Pl2032$209,5001,208 Sq.Ft.8/23/2024Covell Ave21331$316,2701,392 Sq.Ft.5/16/2025Coventry Dr2632$292,0771,089 Sq.Ft.4/4/2024Covey Ct832$472,8751,568 Sq.Ft.9/21/2023Covington Dr1832$331,8331,319 Sq.Ft.2/21/2025Craftsman Ct733$787,4291,922 Sq.Ft.6/9/2021Craftwood Ct243$725,0002,019 Sq.Ft.2/4/2020Crahen Ave2843$685,1118,416 Sq.Ft.5/27/2025Cranbrook Dr4922$299,1631,231 Sq.Ft.1/15/2025Cranbrook Ter1622$275,1881,083 Sq.Ft.5/23/2025Cranden Dr3122$217,355935 Sq.Ft.4/30/2025Crawford St2231$220,8001,266 Sq.Ft.3/24/2025Cree Ct443$427,5002,664 Sq.Ft.7/1/2015Creek Bluff Pl2432$364,4581,565 Sq.Ft.9/21/2023Creekridge Dr943$652,0003,070 Sq.Ft.12/17/2021Creekside Dr232$407,0002,378 Sq.Ft.4/11/2013Creekside View Dr2732$443,5776,357 Sq.Ft.5/7/2025Creekview Dr1932$339,6671,444 Sq.Ft.4/4/2025Creek Way Ct2133$399,8571,748 Sq.Ft.8/22/2022Creek Way Dr2632$368,6541,623 Sq.Ft.10/4/2024Creely Ct753$365,8571,783 Sq.Ft.5/3/2011Crescent Dr2131$355,1901,451 Sq.Ft.4/19/2024Crescent St20132$361,3021,827 Sq.Ft.4/4/2025Cresthill Dr1442$362,5712,382 Sq.Ft.1/27/2025Crestmoor Ct542$335,4001,746 Sq.Ft.2/3/2025Crestmoor Dr1742$337,1181,709 Sq.Ft.4/15/2025Creston Plaza Dr2N/A1N/A20,736 Sq.Ft.N/ACrestwood Dr1932$361,8421,460 Sq.Ft.6/28/2024Crippen Ave3731$249,0001,655 Sq.Ft.5/9/2025Crisfield Dr2132$339,9051,777 Sq.Ft.7/26/2024Crispen Ct633$441,0001,722 Sq.Ft.5/6/2025Crofton St6541$195,4403,219 Sq.Ft.11/15/2024Cromwell Ave1831$177,7651,250 Sq.Ft.2/14/2025Crosby St19931$239,7341,431 Sq.Ft.5/6/2025Cross Bend St4433$349,4771,174 Sq.Ft.7/27/2023Cross Creek Ct532$373,0001,440 Sq.Ft.12/22/2023Cross Creek Dr5822$357,6211,351 Sq.Ft.4/24/2025Crossings Dr9N/AN/AN/A4,194 Sq.Ft.1/21/201649 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
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
919 California St NWGrand Rapids, MI 49504
Estimated Value $193,000
Living Area 698 SqFt
Beds 2
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 41-13-26-278-032
Neighborhood John Ball Park
School District Grand Rapids Public Schools
1036 Mcreynolds Ave NWGrand Rapids, MI 49504
Estimated Value $224,000
Living Area 1,344 SqFt
Beds 3
Baths 1.5
Year Built 1920
Property Type Single Family
Ownership Type Corporate
APN 41-13-24-105-006
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
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
16 Ionia Ave SW #7Grand Rapids, MI 49503
Estimated Value $319,000
Living Area 942 SqFt
Beds 2
Baths 1
Year Built 1885
Property Type Condominium
Ownership Type Individual
APN 41-13-25-440-007
Neighborhood Heartside
School District Grand Rapids Public Schools
918 Hovey St SWGrand Rapids, MI 49504
Estimated Value $263,000
Living Area 1,609 SqFt
Beds 4
Baths 2
Year Built 1900
Property Type Single Family
Ownership Type Related
APN 41-13-26-431-002
Neighborhood John Ball Park
School District Grand Rapids Public Schools
463 Crescent St NEGrand Rapids, MI 49503
Estimated Value $539,000
Living Area 3,206 SqFt
Beds 3
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Trust
APN 41-14-30-201-026
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
56 Union Ave NEGrand Rapids, MI 49503
Estimated Value $292,000
Living Area 1,696 SqFt
Beds 4
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-14-30-278-009
Neighborhood Midtown
School District Grand Rapids Public Schools
745 Harlan Ave NEGrand Rapids, MI 49503
Estimated Value $257,000
Living Area 1,401 SqFt
Beds 4
Baths 1
Year Built 1927
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-431-013
Neighborhood Highland Park
School District Grand Rapids Public Schools
427 Milwaukee Ave NWGrand Rapids, MI 49504
Estimated Value $173,000
Living Area 1,199 SqFt
Beds 3
Baths 1
Year Built 1903
Property Type Single Family
Ownership Type Individual
APN 41-13-23-482-010
Neighborhood John Ball Park
School District Grand Rapids Public Schools
844 Lafayette Ave NEGrand Rapids, MI 49503
Estimated Value $220,000
Living Area 1,066 SqFt
Beds 3
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-183-007
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
506 Fairview Ave NEGrand Rapids, MI 49503
Estimated Value $298,000
Living Area 1,876 SqFt
Beds 6
Baths 2
Year Built 1895
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-352-010
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
23 College Ave SE #1Grand Rapids, MI 49503
Estimated Value $168,000
Living Area 517 SqFt
Beds 1
Baths 1
Year Built 1966
Property Type Condominium
Ownership Type Individual
APN 41-14-30-409-001
Neighborhood Heritage Hill
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