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
Division Ave88131$257,8207,191 Sq.Ft.5/22/2025Divot Dr1232$451,7501,915 Sq.Ft.5/21/2024Dogwood Ln1243$812,0002,219 Sq.Ft.8/1/2024Dolbee Ave2132$220,4291,461 Sq.Ft.2/28/2025Dombey St4N/AN/A$295,500N/A10/17/2007Donald Pl2331$293,1821,307 Sq.Ft.8/21/2023Donkers Ct6N/AN/AN/A24,557 Sq.Ft.10/31/2012Donnegal Ct854$1,218,2503,523 Sq.Ft.7/19/2024Donnegal Ln754$1,200,4293,409 Sq.Ft.12/21/2022Donovan Ct1N/A1$163,000987 Sq.Ft.6/26/2015Dorais Ct432$316,0001,220 Sq.Ft.5/31/2016Dorais Dr3732$430,6571,581 Sq.Ft.6/12/2023Dorchester Ave6831$215,6571,270 Sq.Ft.3/20/2025Doremus Pl4N/AN/A$191,000N/A4/2/1996Doris St521$231,2001,017 Sq.Ft.10/20/2022Dorothy St2431$249,7081,017 Sq.Ft.4/3/2023Dorrie Ave531$308,0001,369 Sq.Ft.8/15/2023Dorroll St11131$286,6131,242 Sq.Ft.4/15/2025Dorset Dr1032$494,6001,730 Sq.Ft.5/18/2022Doubloon Dr1743$622,5882,479 Sq.Ft.7/24/2023Douglas St9432$251,4611,665 Sq.Ft.2/7/2025Dover Dr832$374,2501,379 Sq.Ft.3/14/2025Dover Pl431$229,5001,163 Sq.Ft.5/16/2019Downing St1642$383,5631,516 Sq.Ft.4/4/2025Dragonfly Ct733$668,0002,038 Sq.Ft.12/4/2024Drakewood Ln443$609,0001,975 Sq.Ft.11/1/2019Drexel Ct942$370,6671,882 Sq.Ft.4/7/2025Drexel Dr2231$283,6821,207 Sq.Ft.7/15/2022Drummond Blvd1N/AN/AN/A165,085 Sq.Ft.2/28/2006Dryad Ct733$467,2861,528 Sq.Ft.12/7/2018Dublin St1153$352,3641,778 Sq.Ft.9/13/2023Duchess Ave1533$828,6002,455 Sq.Ft.8/16/2024Ducoma Dr1532$396,4001,716 Sq.Ft.11/15/2024Dudley Pl1N/AN/AN/A164,770 Sq.Ft.3/28/2019Duffield Dr942$396,3331,520 Sq.Ft.4/30/2025Duiker Ave4031$274,2251,133 Sq.Ft.4/2/2025Dunham St15331$270,2961,479 Sq.Ft.5/23/2025Dunkirk St2631$226,1151,124 Sq.Ft.6/18/2024Dunlap St1431$298,5711,146 Sq.Ft.4/1/2024Dunlin Ct2532$429,5201,353 Sq.Ft.2/28/2025Dunlop Lk1754$622,7143,114 Sq.Ft.8/19/2024Dunnigan Ave5942$449,2041,458 Sq.Ft.4/30/2025Durant Dr833$802,3752,557 Sq.Ft.2/12/2021Durham Ave1331$319,5381,512 Sq.Ft.9/5/2019Dushane St431$320,7501,349 Sq.Ft.7/30/2020Dwight Ave2642$290,9621,598 Sq.Ft.10/1/2024Dykema Ct831$297,625875 Sq.Ft.10/10/2013Dykstra Dr7N/AN/AN/A21,525 Sq.Ft.5/6/2019Dylan Ct532$374,0001,578 Sq.Ft.12/11/2020Eagle Bluff Dr3422$310,471948 Sq.Ft.5/9/2025Eaglechase Dr533$380,6001,346 Sq.Ft.5/28/2024Eagle Circle Ct1222$309,417913 Sq.Ft.10/16/2024Eagle Creek Ct2622$323,577982 Sq.Ft.2/24/2023Eagle Crest Dr2N/AN/AN/A31,884 Sq.Ft.12/27/2012Eagle Dr9N/AN/AN/A36,069 Sq.Ft.4/16/2012Eagle Park Dr8N/AN/AN/A26,941 Sq.Ft.10/7/2013Eagle Ridge Ct3432$319,059941 Sq.Ft.11/20/2024Eagle Run Dr10N/AN/AN/A7,830 Sq.Ft.5/26/2010Eagle St1332$314,8461,274 Sq.Ft.9/14/2022East Beltline Ave3231$401,00025,902 Sq.Ft.11/2/2022Eastbrook St3832$363,4471,765 Sq.Ft.11/27/2024Eastcastle Ct3022$188,533691 Sq.Ft.2/27/2025Eastcastle Dr2133$410,62518,349 Sq.Ft.5/8/2024Eastern Ave1,06532$294,4175,251 Sq.Ft.5/28/2025Eastern Pl3631$230,139926 Sq.Ft.11/25/2024Eastgate St332$599,3331,574 Sq.Ft.1/26/2022Easthampton Ct733$788,1432,093 Sq.Ft.1/31/2025Eastland Ave1731$117,4711,080 Sq.Ft.N/AEastlawn Rd2542$606,7201,902 Sq.Ft.5/16/2025Eastmont Dr2532$373,0801,333 Sq.Ft.8/23/2024Eastmoor Ave1243$509,6672,021 Sq.Ft.4/18/2025East Pl3N/AN/A$955,000N/A9/27/2022Eastport Dr7N/AN/AN/A24,893 Sq.Ft.8/30/2016Eastridge Ct1332$529,1541,984 Sq.Ft.7/12/2024Eastridge Dr1733$520,0002,047 Sq.Ft.6/25/2024Eastview Ct1543$554,1331,909 Sq.Ft.11/4/2021Eastview Dr843$601,1432,034 Sq.Ft.10/14/2020Eastwinde Ct543$564,4001,971 Sq.Ft.8/15/2018Eastwood Ave3032$536,3671,671 Sq.Ft.3/11/2025E Ave1132$198,6671,367 Sq.Ft.12/18/2015Ebner Ct1N/A2$173,0001,443 Sq.Ft.11/12/1999Ecklund St3531$270,0001,062 Sq.Ft.3/25/2025Edgehill Ave843$625,5002,353 Sq.Ft.7/31/2023Edgeknoll Ct532$364,4001,617 Sq.Ft.6/12/2020Edgeknoll Dr2032$368,7891,692 Sq.Ft.7/30/2024Edgelawn Dr4932$320,0821,550 Sq.Ft.5/9/2025Edgemere Dr1443$1,464,5002,978 Sq.Ft.9/6/2024Edgewater St2432$410,3331,155 Sq.Ft.10/18/2024Edgewood Ave18032$420,2121,723 Sq.Ft.5/16/2025Edinboro St1832$356,4441,419 Sq.Ft.1/26/2022Edinburgh Dr443$414,5001,881 Sq.Ft.6/29/2018Edington Ct2023$326,0501,186 Sq.Ft.12/7/2023Edington Dr6522$311,5081,294 Sq.Ft.5/23/2025Edington Ln922$317,4441,307 Sq.Ft.3/26/2025Edison Ave2631$312,2614,982 Sq.Ft.1/24/2022Edison Park Ave2431$348,8751,453 Sq.Ft.5/30/2025Edith Ave9531$291,9251,375 Sq.Ft.5/19/2025Edmonton St331$237,0001,019 Sq.Ft.12/9/2022Edmund Ave931$261,3331,203 Sq.Ft.11/15/2024Edna St10131$293,3711,901 Sq.Ft.5/21/2025505 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
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
121 Logan St SEGrand Rapids, MI 49503
Estimated Value $516,000
Living Area 1,548 SqFt
Beds 3
Baths 2.5
Year Built 2016
Property Type Condominium
Ownership Type Individual
APN 41-14-31-111-008
Neighborhood Southeast Community / SECA
School District Grand Rapids Public Schools
1126 Elizabeth Ave NWGrand Rapids, MI 49504
Estimated Value $149,000
Living Area 1,176 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Multiple
APN 41-13-24-127-004
Neighborhood West Grand
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
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
1101 Alpine Ave NWGrand Rapids, MI 49504
Estimated Value $175,000
Living Area 890 SqFt
Beds 2
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Individual
APN 41-13-23-229-042
Neighborhood West Grand
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
648 Prospect Ave NEGrand Rapids, MI 49503
Estimated Value $266,000
Living Area 1,450 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-14-19-335-001
Neighborhood Belknap Lookout
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
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
814 10th St NWGrand Rapids, MI 49504
Estimated Value $217,000
Living Area 1,136 SqFt
Beds 3
Baths 1
Year Built 1885
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-281-009
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
128 Gold Ave SWGrand Rapids, MI 49504
Estimated Value $214,000
Living Area 1,073 SqFt
Beds 4
Baths 2
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-13-25-307-008
Neighborhood John Ball Park
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
1014 Watson St SWGrand Rapids, MI 49504
Estimated Value $287,000
Living Area 2,081 SqFt
Beds 2
Baths 3
Year Built 1890
Property Type Single Family
Ownership Type Corporate
APN 41-13-26-406-011
Neighborhood John Ball Park
School District Grand Rapids Public Schools