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
Robinhood Dr4732$433,5531,544 Sq.Ft.10/28/2024Robinson Rd9543$912,0002,712 Sq.Ft.3/10/2025Robinwood Ave234$956,5003,787 Sq.Ft.1/7/2000Rockhill Ct443$385,2501,340 Sq.Ft.7/24/2024Rockhill Dr5643$391,4182,495 Sq.Ft.4/11/2025Rock River Dr442$367,7501,651 Sq.Ft.8/29/2022Rockvalley Ct1222$255,3331,141 Sq.Ft.2/7/2025Rockvalley Dr4022$261,4001,327 Sq.Ft.8/23/2024Rodesh Ct644$875,3332,843 Sq.Ft.3/21/2019Rodney Cir842$340,7501,724 Sq.Ft.2/9/2022Roger B Chaffee Mem Dr701N/AN/A47,520 Sq.Ft.6/12/2023Roger St6131$258,7051,189 Sq.Ft.6/20/2024Rolling Acres Dr20N/A1$117,800N/AN/ARolling Greene Dr4522$246,0451,028 Sq.Ft.2/28/2025Rolling Hills Dr3043$589,5672,275 Sq.Ft.5/23/2025Rolling Ridge Ln4022$337,6251,120 Sq.Ft.8/21/2024Romence Dr1033$545,9002,241 Sq.Ft.11/1/2024Rondo St5332$325,3581,366 Sq.Ft.12/19/2024Roosevelt Ave7N/A1$174,8002,003 Sq.Ft.12/26/2024Rosalie Ave4531$384,9561,709 Sq.Ft.4/14/2025Rosalind Rd2242$655,9552,134 Sq.Ft.6/6/2023Rosebud Ln1643$600,6882,084 Sq.Ft.4/6/2022Rosebury Ave932$357,7781,709 Sq.Ft.6/4/2024Rosell Ave1N/AN/AN/AN/AN/ARosemary St7131$259,2111,180 Sq.Ft.6/2/2025Rosemont Ave1532$327,5331,383 Sq.Ft.10/26/2023Rose Pkwy742$346,4291,419 Sq.Ft.12/3/2024Rose St5932$216,9481,486 Sq.Ft.2/28/2025Rosewood Ave21842$519,7841,772 Sq.Ft.3/31/2025Roseworth Ct1642$373,5631,759 Sq.Ft.10/24/2024Ross Ct733$916,8572,145 Sq.Ft.4/21/2022Ross Dr1N/AN/AN/AN/AN/ARossman Ave8531$297,2471,330 Sq.Ft.5/16/2025Rothbury Ct833$468,2501,936 Sq.Ft.7/25/2019Rothbury Dr1233$506,0832,125 Sq.Ft.8/20/2024Roth St2232$251,8001,348 Sq.Ft.4/18/2022Round Hill Ct1044$1,063,6003,739 Sq.Ft.5/17/2024Rowe Ave3231$262,9691,051 Sq.Ft.5/9/2025Rowland Ave4832$296,3701,355 Sq.Ft.11/25/2024Royal County Down355$2,192,6675,216 Sq.Ft.4/23/2020Ruby Ave1221$228,667944 Sq.Ft.6/6/2024Rudgate Dr2032$349,3501,355 Sq.Ft.6/5/2024Rudy St2531$287,3201,290 Sq.Ft.6/27/2022Rugby Dr1732$381,7061,714 Sq.Ft.10/15/2024Rum Creek Ct1132$319,0001,040 Sq.Ft.8/20/2021Rum Creek Dr3232$320,8131,007 Sq.Ft.4/18/2025Rumford St132$294,0001,032 Sq.Ft.N/ARum Run Ave943$622,0002,529 Sq.Ft.4/19/2022Rumsey St3042$259,6251,553 Sq.Ft.7/22/2022Runido Ct5N/A1$219,400N/AN/ARunido Dr17N/A1$211,294N/AN/ARunning Brook Dr2633$453,6541,836 Sq.Ft.8/6/2024Rupert St3532$313,0651,823 Sq.Ft.3/18/2024Rurah Ave521$185,400693 Sq.Ft.6/21/2024Russit Dr1942$403,4211,438 Sq.Ft.1/24/2023Russview Ct6N/AN/A$384,667N/A4/4/2006Russview Dr1132$378,3001,981 Sq.Ft.6/7/2021Russwood St6332$404,8231,630 Sq.Ft.4/10/2024Ruth Ave322$228,3331,254 Sq.Ft.12/15/2000Ruthven Ave3143$406,6131,723 Sq.Ft.6/20/2024Rutledge St1632$270,5631,285 Sq.Ft.1/16/2024Ryan Ave1332$324,1541,393 Sq.Ft.7/23/2020Rye Grass Ct1632$381,1251,380 Sq.Ft.8/9/2024Rye Grass Dr632$364,3331,152 Sq.Ft.9/8/2017Rypens Dr3031$276,3001,113 Sq.Ft.1/13/2025Sabal Pointe Ct1532$466,7331,507 Sq.Ft.7/1/2022Sabal Pointe Dr933$473,0001,717 Sq.Ft.6/14/2024Sable Ridge Dr4832$373,3331,897 Sq.Ft.5/19/2025Saddleback Ct743$946,1432,664 Sq.Ft.11/26/2024Saddleback Dr2443$947,8332,750 Sq.Ft.8/28/2023Sage Ct844$1,418,0003,523 Sq.Ft.9/2/2022Sage Wing Dr3642$397,8061,821 Sq.Ft.11/15/2024Saginaw Rd5032$309,0222,068 Sq.Ft.4/11/2025Saint Andrews Ct943$577,6672,416 Sq.Ft.9/28/2023Saint Andrews St933$499,2222,202 Sq.Ft.3/2/2023Saint Charles Ave3131$191,3671,092 Sq.Ft.1/6/2025Saint Clair Ave4331$291,5951,084 Sq.Ft.2/20/2025Saint Iven St1N/AN/A$285,000N/AN/ASalerno Dr832$378,0005,068 Sq.Ft.6/18/2021Samantha443$687,0002,321 Sq.Ft.8/30/2018San Antonio343$481,3331,712 Sq.Ft.3/30/2001Sandalwood Ct1642$378,9381,852 Sq.Ft.4/18/2024Sand Creek Dr1432$365,5001,455 Sq.Ft.9/18/2023Sand Creek Trl442$464,7501,625 Sq.Ft.7/17/2018Sanderling Ct6732$372,2541,612 Sq.Ft.5/28/2025Sandhurst Dr1132$326,9091,422 Sq.Ft.4/22/2025Sandra St2132$335,6191,546 Sq.Ft.1/26/2024Sandrel Ct2042$411,8501,502 Sq.Ft.7/25/2023Sandrel Dr2242$395,4551,637 Sq.Ft.1/5/2024Sandstone Ter2022$258,5501,292 Sq.Ft.4/19/2024Sandy Ct2031$62,4501,100 Sq.Ft.N/ASandyhook Ct932$412,7782,123 Sq.Ft.9/15/2023Sandy Lane Ct443$587,5002,087 Sq.Ft.5/15/2017Sandy Lane Dr1243$559,9172,114 Sq.Ft.8/24/2023Sandy Point Ave943$754,0002,239 Sq.Ft.5/30/2019Sandy Shore Dr1N/AN/AN/A216,171 Sq.Ft.12/22/2015Sandy St1631$54,3751,056 Sq.Ft.N/ASan Jose Dr6343$923,6982,420 Sq.Ft.4/22/2024San Juan Dr1632$658,9381,815 Sq.Ft.1/28/2022San Lucia Dr3143$1,412,8713,217 Sq.Ft.6/2/2025923 Walker Ave NWGrand Rapids, MI 49504
Estimated Value $184,000
Living Area 648 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-13-23-282-014
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
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
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
45 College Ave NEGrand Rapids, MI 49503
Estimated Value $694,000
Living Area 4,490 SqFt
Beds 7
Baths 5
Year Built 1890
Property Type Single Family
Ownership Type Related
APN 41-14-30-253-030
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
417 Leonard St NEGrand Rapids, MI 49503
Estimated Value $264,000
Living Area 1,581 SqFt
Beds 4
Baths 1.5
Year Built 1928
Property Type Single Family
Ownership Type Corporate
APN 41-14-18-462-019
Neighborhood Creston
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
834 Paris Ave NEGrand Rapids, MI 49503
Estimated Value $283,000
Living Area 1,532 SqFt
Beds 4
Baths 2
Year Built 1908
Property Type Single Family
Ownership Type Individual
APN 41-14-19-259-002
Neighborhood Highland Park
School District Grand Rapids Public Schools
832 1st St NWGrand Rapids, MI 49504
Estimated Value $272,000
Living Area 1,750 SqFt
Beds 5
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-13-23-482-001
Neighborhood John Ball Park
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
4 Union Ave NEGrand Rapids, MI 49503
Estimated Value $381,000
Living Area 1,824 SqFt
Beds 4
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Individual
APN 41-14-30-280-017
Neighborhood Midtown
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
1035 Sibley St NWGrand Rapids, MI 49504
Estimated Value $342,000
Living Area 2,724 SqFt
Beds 8
Baths 3
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 41-13-26-208-013
Neighborhood John Ball Park
School District Grand Rapids Public Schools
821 Nagold St NWGrand Rapids, MI 49504
Estimated Value $204,000
Living Area 1,312 SqFt
Beds 3
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Corporate
APN 41-13-23-433-025
Neighborhood West Grand
School District Grand Rapids Public Schools
141 Prospect Ave NEGrand Rapids, MI 49503
Estimated Value $685,000
Living Area 2,556 SqFt
Beds 4
Baths 1
Year Built 1920
Property Type Apt House 5+ Units
Ownership Type Corporate
APN 41-14-30-180-006
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
1044 California St NWGrand Rapids, MI 49504
Estimated Value $309,000
Living Area 1,620 SqFt
Beds 3
Baths 1.5
Year Built 1929
Property Type Single Family
Ownership Type Individual
APN 41-13-26-256-030
Neighborhood John Ball Park
School District Grand Rapids Public Schools