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
Ashland Ave3231$250,9351,250 Sq.Ft.11/30/2023Ashton Ct1133$760,6362,527 Sq.Ft.8/18/2023Ashton Rd943$631,2222,374 Sq.Ft.7/14/2023Ashville Dr2443$437,1671,964 Sq.Ft.10/31/2022Aspen Ln3133$372,6451,277 Sq.Ft.9/5/2024Aspen Trails Dr1333$362,9231,322 Sq.Ft.2/26/2025Aspenwood Dr1453$606,7862,493 Sq.Ft.1/22/2025Assumption Dr1232$446,7271,897 Sq.Ft.5/23/2025A St542$184,5001,345 Sq.Ft.11/30/2012Aster Pl1N/AN/A$285,000N/A10/5/2016Astoria Ave1633$443,8751,860 Sq.Ft.5/17/2023Athlone Ave2N/AN/A$363,000N/AN/AAtlantic St3931$253,3851,084 Sq.Ft.5/2/2025Atlas Ave542$420,5001,822 Sq.Ft.9/30/2021Atwater Hills Ct2454$757,8752,598 Sq.Ft.7/9/2021Atwater Hills Dr3443$688,1762,329 Sq.Ft.9/3/2024Atwood St4132$348,0731,835 Sq.Ft.7/8/2024Auburn Ave18032$346,6671,516 Sq.Ft.5/27/2025Audley Dr3632$312,6111,796 Sq.Ft.4/16/2024Audobon Ct544$853,2003,291 Sq.Ft.9/22/2023Audobon Dr2331$379,3911,046 Sq.Ft.12/23/2021Augusta Hills Ave2032$418,3001,529 Sq.Ft.5/8/2024August Ct1032$276,8001,006 Sq.Ft.7/15/2024Aurora St2342$414,6522,115 Sq.Ft.9/10/2024Autumn Crest Dr732$381,5711,335 Sq.Ft.11/18/2022Autumn Crest Ln432$394,2501,542 Sq.Ft.3/31/2023Autumn Dr133$463,0001,799 Sq.Ft.2/2/2021Avalon Ter942$575,2222,453 Sq.Ft.12/10/2015Avanti St1032$357,7781,335 Sq.Ft.1/17/2025Avastar Pkwy10N/AN/AN/A76,805 Sq.Ft.12/21/2021Averill Ave6421$238,635942 Sq.Ft.5/16/2025Avery Ct1443$426,2861,489 Sq.Ft.1/10/2025Avery Dr1532$401,0671,574 Sq.Ft.3/20/2023Avondale Dr1331$318,0771,794 Sq.Ft.11/14/2024Avonlea Ct1454$1,140,0713,400 Sq.Ft.9/20/2024Avonlea St2331$249,0001,361 Sq.Ft.4/2/2025Awixa Ct1243$427,5001,761 Sq.Ft.12/30/2020Awixa St5143$451,3731,736 Sq.Ft.3/31/2025Aylesworth St1032$358,9001,185 Sq.Ft.8/18/2023Azalea Ave2432$369,2921,437 Sq.Ft.7/2/2024Bagley Ave1833$813,3331,605 Sq.Ft.2/20/2024Bailey Center Dr1N/AN/AN/A40,537 Sq.Ft.N/ABailey Park Dr1232$352,8001,768 Sq.Ft.9/14/2023Baileys Grove Dr3N/AN/AN/AN/AN/ABaker Park Dr2432$382,4171,867 Sq.Ft.4/29/2025Baldwin St8542$287,4491,528 Sq.Ft.11/27/2024Balfour St1332$383,2501,444 Sq.Ft.4/25/2024Ballard St8831$259,5231,352 Sq.Ft.5/15/2025Ball Ave14032$315,9213,806 Sq.Ft.5/5/2025Ball Park Blvd4131$356,6831,671 Sq.Ft.6/10/2024Ballybunion Ct2755$1,704,9264,854 Sq.Ft.7/16/2024Balsam Ave10032$316,2801,258 Sq.Ft.5/19/2025Balsam Ct1032$368,4001,247 Sq.Ft.8/25/2017Balsam Hill Ave1933$947,8952,116 Sq.Ft.3/17/2023Balsam Hill Ct633$922,5002,029 Sq.Ft.4/18/2024Balsam Waters Ct633$896,6671,982 Sq.Ft.12/11/2020Balsam Waters Dr2743$904,8522,449 Sq.Ft.10/15/2024Baltimore Dr3632$425,6671,770 Sq.Ft.5/2/2025Banbury Ave3132$394,2581,679 Sq.Ft.4/2/2025Banner St5831$211,7591,310 Sq.Ft.7/2/2024Baraga St2331$264,2611,319 Sq.Ft.1/12/2024Barbara St2932$300,8081,305 Sq.Ft.6/11/2024Barber Ter3132$327,9001,556 Sq.Ft.1/30/2025Barclay Ave11N/AN/AN/A1,658 Sq.Ft.2/6/1996Barden Ct5N/AN/AN/A26,686 Sq.Ft.9/29/2016Barden St7N/AN/AN/A98,001 Sq.Ft.12/28/2021Barfield Dr2943$638,2412,778 Sq.Ft.9/28/2021Barker Ave1242$313,1672,178 Sq.Ft.4/29/2025Barkway Dr55N/A1$209,327N/AN/ABarkwood Ct4022$198,4251,100 Sq.Ft.4/14/2025Barlow St2N/AN/A$276,000N/A5/1/2019Barnard St142$508,0001,114 Sq.Ft.10/14/2020Barnett Pl1331$272,0001,197 Sq.Ft.11/3/2023Barnett St4831$250,9111,379 Sq.Ft.5/30/2025Barnum St731$233,1431,084 Sq.Ft.5/29/2025Barrington5722$342,2461,270 Sq.Ft.12/5/2024Barry St2431$241,0451,503 Sq.Ft.7/15/2024Barth Ave1742$273,0001,540 Sq.Ft.2/28/2025Bartlett St6N/AN/AN/A31,415 Sq.Ft.10/29/2015Batavia Pl2031$237,2001,034 Sq.Ft.2/27/2024Batchawana St1431$396,9232,269 Sq.Ft.5/23/2019Bates St16332$270,3781,667 Sq.Ft.5/5/2025Batt Dr1031$226,3332,356 Sq.Ft.11/6/2023Baumhoff Ave932$542,5711,875 Sq.Ft.8/7/2023Baxter St8731$215,6581,667 Sq.Ft.1/9/2025Bayberry Dr1932$407,0001,927 Sq.Ft.6/24/2024Bayham Dr3132$342,4841,554 Sq.Ft.8/23/2024Baylis St4531$203,3951,362 Sq.Ft.8/11/2022Baynton Ave9631$371,0001,399 Sq.Ft.3/19/2025Baywood Dr4843$542,6252,248 Sq.Ft.12/3/2024B Devonwood Hills Dr3022$170,433872 Sq.Ft.5/5/2025Beacon St341$153,000965 Sq.Ft.1/8/2016Beard Dr3044$1,076,3003,484 Sq.Ft.5/30/2025Beatrice Dr5443$563,9261,986 Sq.Ft.8/5/2024Beatrice St5N/AN/A$281,250N/A9/15/2021Beauford Ct733$356,1431,611 Sq.Ft.8/3/2020Beauford St1632$366,7501,514 Sq.Ft.4/7/2025Beaumont Dr3931$332,8721,457 Sq.Ft.8/7/2024Bechalla Dr2242$446,6821,528 Sq.Ft.4/18/2022Beck St1N/AN/AN/AN/AN/A940 Monroe Ave NW #116Grand Rapids, MI 49503
Estimated Value $199,000
Living Area 574 SqFt
Beds 1
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Related
APN 41-13-24-285-026
Neighborhood Belknap Lookout
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
624 California St NWGrand Rapids, MI 49504
Estimated Value $201,000
Living Area 1,736 SqFt
Beds 3
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Corporate
APN 41-13-25-162-001
Neighborhood John Ball Park
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
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
512 Lyon St NE #2Grand Rapids, MI 49503
Estimated Value $361,000
Living Area 770 SqFt
Beds 1
Baths 1
Year Built 1919
Property Type Condominium
Ownership Type Multiple
APN 41-14-30-257-007
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
123 Newberry St NE #23Grand Rapids, MI 49503
Estimated Value $301,000
Living Area 1,167 SqFt
Beds 2
Baths 1
Year Built 2017
Property Type Condominium
Ownership Type Individual
APN 41-14-19-315-023
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
430 Union Ave NE #206Grand Rapids, MI 49503
Estimated Value $303,000
Living Area 1,014 SqFt
Beds 2
Baths 2
Year Built 2007
Property Type Condominium
Ownership Type Individual
APN 41-14-19-484-016
Neighborhood Midtown
School District Grand Rapids Public Schools
248 Prospect Ave SEGrand Rapids, MI 49503
Estimated Value $350,000
Living Area 1,715 SqFt
Beds 2
Baths 1.5
Year Built 1885
Property Type Single Family
Ownership Type Individual
APN 41-14-30-381-075
Neighborhood Heritage Hill
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
1028 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
1055 Broadway Ave NWGrand Rapids, MI 49504
Estimated Value $274,000
Living Area 1,936 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-24-129-043
Neighborhood West Grand
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
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
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