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
Pinesboro Dr3942$433,7951,692 Sq.Ft.8/2/2023Pinetree Ave3932$342,2561,617 Sq.Ft.11/30/2023Pineview Dr3143$423,4842,524 Sq.Ft.4/16/2025Pine Vista St4432$235,0911,293 Sq.Ft.4/28/2025Pinewood Dr2222$313,7271,157 Sq.Ft.6/12/2024Pinnacle Run Dr2433$494,1671,590 Sq.Ft.5/27/2025Pin Oak Ct1122$527,8001,688 Sq.Ft.7/24/2024Pinoak Ct943$556,2222,222 Sq.Ft.5/7/2025Pinta Ct732$365,2861,301 Sq.Ft.8/19/2021Pioneer Club Rd4043$1,554,4362,925 Sq.Ft.6/2/2025Pirates Cove Ct643$596,8332,625 Sq.Ft.6/1/2020Placita Ct554$1,729,0003,245 Sq.Ft.2/6/2020Plainfield Ave50732$346,9815,174 Sq.Ft.5/2/2025Plaster Creek Blvd1N/AN/AN/AN/AN/APlaster Crk1N/AN/AN/AN/AN/APlateau Trce564$961,8004,263 Sq.Ft.7/17/2019Plateau View Dr1943$705,9472,888 Sq.Ft.7/11/2024Platinum St3N/AN/AN/AN/A1/21/2025Plaza Dr8N/A2N/A20,997 Sq.Ft.10/31/2012Pleasant St8942$332,7472,860 Sq.Ft.4/29/2025Plett St2232$211,1671,652 Sq.Ft.8/31/2023Plover Dr5042$405,3001,876 Sq.Ft.3/27/2024Plymouth Ave34942$653,1995,078 Sq.Ft.5/14/2025Plymouth Ter2832$370,7861,546 Sq.Ft.9/22/2023Pohens Ave2932$322,6551,356 Sq.Ft.7/8/2024Pohens Ct532$315,8001,250 Sq.Ft.11/30/2021Poinsettia Ave13132$322,5231,585 Sq.Ft.4/30/2025Point Ct343$392,6672,412 Sq.Ft.10/6/2022Pointe Ct253$594,0002,066 Sq.Ft.2/27/2013Pokogon Dr942$490,5562,150 Sq.Ft.2/11/2021Ponderosa Dr1N/AN/A$388,000N/AN/APonderosa St1332$337,5001,241 Sq.Ft.5/19/2020Pond Ridge Ct533$378,6001,469 Sq.Ft.8/26/2019Pond Ridge Dr2833$368,9291,272 Sq.Ft.11/25/2024Pontiac Rd3743$1,106,5413,165 Sq.Ft.4/2/2025Poplar Creek Dr14022$224,9211,155 Sq.Ft.8/30/2024Portland Ave5331$246,4341,087 Sq.Ft.10/9/2024Portman Dr1822$280,8331,132 Sq.Ft.8/28/2024Portman Ln2823$309,2501,162 Sq.Ft.4/8/2022Portsmouth Pl1342$391,3082,242 Sq.Ft.8/1/2024Port St1N/AN/A$250,000N/A9/4/2024Port View Dr2633$319,8461,525 Sq.Ft.4/30/2025Posthuma Ave832$294,3751,519 Sq.Ft.11/19/2021Potter Ave5132$272,6281,409 Sq.Ft.3/28/2025Powell St1352$221,5451,909 Sq.Ft.3/14/2025Powers Ave19231$266,9051,252 Sq.Ft.5/13/2025Powers Ct542$316,6001,229 Sq.Ft.9/20/2021Prairie Falcon Ct2N/A1$310,000N/AN/APrairie Home Dr832$546,6251,749 Sq.Ft.1/8/2024Prairie River Dr1143$698,3642,263 Sq.Ft.11/19/2024Prairie Rose Ct255$1,542,0003,750 Sq.Ft.3/26/2024Prescott Point Ct354$1,005,6673,881 Sq.Ft.7/28/2021Preston Ave1731$252,7331,021 Sq.Ft.8/16/2024Preston Rdg1N/AN/AN/AN/AN/APreston Ridge St2N/AN/AN/A51,584 Sq.Ft.5/29/2014Prestwick Ave2243$495,7272,099 Sq.Ft.1/4/2022Primrose Ave2132$294,7141,197 Sq.Ft.6/6/2024Prince Albert St37N/A1$292,528N/AN/APrince St13831$228,2971,597 Sq.Ft.1/13/2025Princeton Blvd1643$1,614,1252,810 Sq.Ft.5/22/2025Promise Dr4032$348,5421,504 Sq.Ft.5/30/2025Prospect Ave47432$347,1421,951 Sq.Ft.5/13/2025Providence St1932$286,3331,445 Sq.Ft.11/7/2024Provin Oaks Ct1643$850,7502,473 Sq.Ft.6/4/2024Pulawski St2131$243,2381,352 Sq.Ft.10/23/2024Purchase Dr1731$341,6471,758 Sq.Ft.4/22/2025Pure St932$369,0001,924 Sq.Ft.7/29/2024Purple Martin Ct431$329,000N/AN/APutnam St2432$227,0451,806 Sq.Ft.11/27/2024Quail Crest Ct733$567,5711,652 Sq.Ft.5/19/2022Quail Crest Dr10033$506,4201,542 Sq.Ft.6/28/2024Quail Meadows Dr1N/AN/AN/AN/A6/25/2009Quail Run Dr844$708,7142,816 Sq.Ft.3/31/2025Quail Run East131$213,000N/AN/AQuail Run North231$176,000N/AN/AQuail Run South1N/AN/AN/AN/AN/AQuaker Hill Ct2143$424,2381,936 Sq.Ft.2/10/2025Quaker Hill Dr1542$423,7331,905 Sq.Ft.8/2/2024Quarry Ave12342$231,7821,663 Sq.Ft.5/20/2025Queen Ave1631$245,1251,441 Sq.Ft.7/7/2023Queensbury Dr2943$402,7932,030 Sq.Ft.4/18/2025Queenston Dr1532$342,4001,580 Sq.Ft.5/22/2024Quetzal Ct332$339,0001,550 Sq.Ft.8/20/2020Quietwood Dr3N/AN/A$531,500N/A11/30/2015Quigley Blvd5232$211,7691,364 Sq.Ft.7/19/2024Quimby St10931$240,2791,511 Sq.Ft.4/11/2025Quincy Ave1842$290,8891,281 Sq.Ft.7/1/2024Race St1632$282,7691,151 Sq.Ft.9/20/2023Radcliff Ave6732$398,3496,280 Sq.Ft.6/10/2024Radcliff Cir6222$229,5161,140 Sq.Ft.2/13/2025Radcliff Village Dr4821$204,667963 Sq.Ft.9/9/2024Raeboro Dr532$350,2001,516 Sq.Ft.10/28/2017Rahn Ct743$424,8571,901 Sq.Ft.4/20/2022Rahn Dr2743$423,8801,857 Sq.Ft.12/21/2022Rainier Ct343$443,6672,353 Sq.Ft.9/14/2022Raintree Ct632$383,5001,676 Sq.Ft.10/23/2024Raintree Dr1632$373,9381,612 Sq.Ft.12/9/2024Raleigh Dr6N/AN/AN/A44,411 Sq.Ft.6/25/2013Ralph Ave1431$224,286924 Sq.Ft.10/19/2018Ramblewood Ct632$364,3331,529 Sq.Ft.4/14/2017943 4th St NWGrand Rapids, MI 49504
Estimated Value $230,000
Living Area 999 SqFt
Beds 2
Baths 1
Year Built 1957
Property Type Single Family
Ownership Type Individual
APN 41-13-23-410-016
Neighborhood West Grand
School District Grand Rapids Public Schools
618 Innes St NEGrand Rapids, MI 49503
Estimated Value $387,000
Living Area 1,768 SqFt
Beds 3
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Individual
APN 41-14-30-231-005
Neighborhood Midtown
School District Grand Rapids Public Schools
27 Library St NE #301Grand Rapids, MI 49503
Estimated Value $501,000
Living Area 1,041 SqFt
Beds 1
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Corporate
APN 41-14-30-163-005
Neighborhood Heartside
School District Grand Rapids Public Schools
40 Monroe Center St NW #311Grand Rapids, MI 49503
Estimated Value $423,000
Living Area 1,158 SqFt
Beds 1
Baths 1
Year Built 1875
Property Type Condominium
Ownership Type Individual
APN 41-13-25-287-054
Neighborhood Downtown
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
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
864 11th St NWGrand Rapids, MI 49504
Estimated Value $250,000
Living Area 1,668 SqFt
Beds 3
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 41-13-23-277-003
Neighborhood West Grand
School District Grand Rapids Public Schools
1048 3rd St NWGrand Rapids, MI 49504
Estimated Value $246,000
Living Area 1,477 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-13-23-452-015
Neighborhood West Grand
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
1250 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $277,000
Living Area 1,295 SqFt
Beds 4
Baths 2
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN 41-13-13-359-002
Neighborhood West Grand
School District Grand Rapids Public Schools
1106 Muskegon Ave NWGrand Rapids, MI 49504
Estimated Value $216,000
Living Area 1,089 SqFt
Beds 3
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-13-24-107-009
Neighborhood West Grand
School District Grand Rapids Public Schools
918 11th St NWGrand Rapids, MI 49504
Estimated Value $229,000
Living Area 1,099 SqFt
Beds 3
Baths 2
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 41-13-23-276-005
Neighborhood West Grand
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
241 Madison Ave SEGrand Rapids, MI 49503
Estimated Value $800,000
Living Area 4,036 SqFt
Beds 5
Baths 3.5
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-381-037
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
940 Monroe Ave NW #101Grand Rapids, MI 49503
Estimated Value $493,000
Living Area 1,515 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-019
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools