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
Stratford Ln2243$454,7892,071 Sq.Ft.5/28/2025Strathmoor Ave532$355,0001,392 Sq.Ft.3/22/2021Stratton Blvd2933$365,5651,766 Sq.Ft.8/3/2023Strobel Ave1631$323,0001,269 Sq.Ft.9/6/2024Stuart Ave3132$306,0651,282 Sq.Ft.5/29/2024Stuart Dr2N/AN/A$306,000N/AN/AStuyvesant Ave2132$295,3331,380 Sq.Ft.10/29/2021Suburban Shores Dr3232$303,22611,042 Sq.Ft.2/20/2024Sugarberry Ct1632$369,5631,376 Sq.Ft.10/28/2021Sugarberry Dr3032$373,2001,421 Sq.Ft.6/2/2025Sugar Maple Ct433$390,7501,729 Sq.Ft.8/16/2018Sugarmill Ct832$394,8751,581 Sq.Ft.1/26/2021Sugar Pine Trl54N/A$425,4001,260 Sq.Ft.4/23/2025Su Lew Ave1152$364,2731,586 Sq.Ft.6/20/2023Summer Ave17N/A1N/A14,882 Sq.Ft.4/19/2017Summer Brook Dr1043$363,9001,528 Sq.Ft.8/4/2020Summer Cir2932$372,2411,387 Sq.Ft.3/25/2025Summer Creek Ct1332$348,6921,256 Sq.Ft.6/5/2023Summer Creek Ln4532$332,2731,439 Sq.Ft.12/30/2024Summerfield St1432$348,6431,459 Sq.Ft.8/10/2023Summerlane Ave1843$408,6673,028 Sq.Ft.5/23/2025Summer Shores Ct532$371,4001,496 Sq.Ft.3/30/2023Summer Shores Dr3732$391,2161,470 Sq.Ft.11/10/2023Summertime Ave1432$339,9291,296 Sq.Ft.12/2/2021Summertime Ct1733$340,2941,291 Sq.Ft.12/12/2024Summerwind Ave2743$407,7412,649 Sq.Ft.1/17/2025Summit Ridge Dr3722$456,8381,545 Sq.Ft.12/2/2024Summit View Ct332$374,6671,722 Sq.Ft.7/24/2017Summit View Dr6343$435,6452,439 Sq.Ft.10/22/2024Sunbrook St5132$362,0801,542 Sq.Ft.4/15/2025Suncrest Dr6432$322,250973 Sq.Ft.8/5/2024Sundale Ct1442$345,6431,528 Sq.Ft.12/3/2024Sundale Dr2432$357,3331,396 Sq.Ft.5/19/2025Sundance Ln4N/AN/A$697,000N/A4/14/2014Sundial Ct434$621,5002,334 Sq.Ft.12/2/2021Sundial Dr3943$619,4362,570 Sq.Ft.12/4/2024Sunmeadow Dr3032$358,4481,478 Sq.Ft.8/23/2024Sunnybank Ct344$867,0003,047 Sq.Ft.8/12/2014Sunnybrook Ave1032$677,7002,505 Sq.Ft.5/6/2020Sunny Creek Ct1342$354,8461,818 Sq.Ft.9/26/2022Sunny Creek St7732$349,8961,561 Sq.Ft.1/6/2025Sunnylane St632$349,1671,742 Sq.Ft.3/13/2024Sunnyside St2631$298,6541,196 Sq.Ft.5/2/2025Sunny Spot Ct632$376,3331,480 Sq.Ft.7/27/2021Sunrise Ct1843$661,5562,459 Sq.Ft.6/14/2021Sunrise Ln6543$425,1081,543 Sq.Ft.4/14/2025Sunrise St2432$337,3751,367 Sq.Ft.9/4/2024Sunset Ave2632$386,6921,917 Sq.Ft.8/18/2023Sunset Creek Ct432$423,2501,790 Sq.Ft.11/25/2003Sunset Hills Ave10932$362,4191,439 Sq.Ft.5/30/2025Sunset Hills Ct2343$429,8701,675 Sq.Ft.10/5/2023Sun Valley Ct1232$379,5831,536 Sq.Ft.12/2/2024Sunview Ct431$346,0001,146 Sq.Ft.10/10/2018Sunview Dr3132$358,0971,262 Sq.Ft.5/30/2024Surrey Pl843$409,7502,185 Sq.Ft.10/15/2021Sutherland Dr2232$361,7062,308 Sq.Ft.8/7/2024Sutter Ct832$385,2502,167 Sq.Ft.10/10/2019Sutters Rd932$495,5561,947 Sq.Ft.10/9/2019Sutton St5332$207,3021,544 Sq.Ft.8/6/2024Swank Dr2N/AN/AN/A72,340 Sq.Ft.10/29/2004Swansea Dr242$346,0001,792 Sq.Ft.2/21/2018Swather Ct942$379,8891,722 Sq.Ft.5/26/2022Swather St2642$420,7311,813 Sq.Ft.7/6/2022Sweetflag Ct842$454,2502,007 Sq.Ft.12/27/2024Sweet St11632$275,6091,898 Sq.Ft.3/5/2025Swensberg Ave5831$292,7761,282 Sq.Ft.8/27/2024Swiontek Pl1N/A1$210,0001,012 Sq.Ft.12/31/2020Sycamore St1342$273,0001,773 Sq.Ft.9/13/2023Sycamore Way Dr1543$873,6672,652 Sq.Ft.3/22/2024Sydney Ct1232$404,9171,594 Sq.Ft.6/30/2023Sydney Dr2343$474,0871,884 Sq.Ft.8/20/2021Sylvan Ave14031$306,0361,305 Sq.Ft.5/30/2025Sylvan Ct854$794,0002,700 Sq.Ft.3/28/2014Sylvia St2331$252,6961,003 Sq.Ft.5/12/2025Sysco Ct5N/AN/AN/A100,695 Sq.Ft.11/17/2020Taft Ct3N/A2$217,0001,232 Sq.Ft.11/19/2010Tahoe Dr2323$374,2226,665 Sq.Ft.2/8/2024Tahoe Ln1423$404,8571,704 Sq.Ft.3/10/2025Talamore Ct3033$802,8931,937 Sq.Ft.12/6/2024Taliesin Trl743$827,2862,416 Sq.Ft.6/30/2023Tall Grass Ave1243$504,4171,936 Sq.Ft.4/30/2025Tallmadge Dr543$616,0003,006 Sq.Ft.11/7/2011Tallmadge Woods Dr6N/A1N/A3,307 Sq.Ft.7/6/2017Tallman Ave2131$319,9051,308 Sq.Ft.10/14/2024Tallman Creek Dr2743$488,0371,907 Sq.Ft.10/20/2021Tallman Ridge Ct1443$627,7142,459 Sq.Ft.10/21/2024Tall Meadow St3233$340,1561,174 Sq.Ft.2/21/2025Tall Oak Ct333$636,0002,033 Sq.Ft.10/29/1997Tall Pines Ct2244$1,054,4553,214 Sq.Ft.7/31/2023Tall Pines Dr2544$1,094,2403,250 Sq.Ft.7/5/2022Tall Timber Ct1243$638,0832,125 Sq.Ft.6/23/2021Tall Timber Dr2243$490,4552,017 Sq.Ft.12/6/2024Tall Timber St2643$627,1922,290 Sq.Ft.7/6/2023Talon Ct6N/AN/AN/A31,977 Sq.Ft.12/11/2015Tamarack Ave19531$266,2061,420 Sq.Ft.5/2/2025Tammarron Ave1844$895,0563,026 Sq.Ft.11/17/2021Tammarron Ct1044$1,244,3003,736 Sq.Ft.2/26/2019Tampa St1231$268,9171,263 Sq.Ft.3/15/2024Tanglewood Dr3742$479,2431,847 Sq.Ft.7/9/2024Taylor Ave2032N/A7,879 Sq.Ft.4/24/2023619 Fairview Ave NE #2Grand Rapids, MI 49503
Estimated Value $486,000
Living Area 1,155 SqFt
Beds 2
Baths 3
Year Built 2018
Property Type Condominium
Ownership Type Trust
APN 41-14-19-316-012
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
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
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
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
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
460 Fulton St E #2Grand Rapids, MI 49503
Estimated Value $211,000
Living Area 735 SqFt
Beds 1
Baths 1
Year Built 1970
Property Type Condominium
Ownership Type Individual
APN 41-14-30-410-003
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
615 Fairview Ave NE #2Grand Rapids, MI 49503
Estimated Value $426,000
Living Area 1,247 SqFt
Beds 2
Baths 2.5
Year Built 2017
Property Type Condominium
Ownership Type Individual
APN 41-14-19-316-009
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
435 Hopson St NEGrand Rapids, MI 49503
Estimated Value $249,000
Living Area 1,305 SqFt
Beds 3
Baths 1
Year Built 1883
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-255-019
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
332 Coldbrook St NEGrand Rapids, MI 49503
Estimated Value $183,000
Living Area 970 SqFt
Beds 2
Baths 1
Year Built 1949
Property Type Single Family
Ownership Type Individual
APN 41-14-19-130-009
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
509 Coit Ave NEGrand Rapids, MI 49503
Estimated Value $297,000
Living Area 1,387 SqFt
Beds 3
Baths 1.5
Year Built 1910
Property Type Single Family
Ownership Type Related
APN 41-14-19-355-015
Neighborhood Belknap Lookout
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
608 Clancy Ave NEGrand Rapids, MI 49503
Estimated Value $222,000
Living Area 1,576 SqFt
Beds 2
Baths 2
Year Built 1875
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-333-012
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
300 Morris Ave SEGrand Rapids, MI 49503
Estimated Value $650,000
Living Area 2,728 SqFt
Beds 5
Baths 1.5
Year Built 1917
Property Type Single Family
Ownership Type Individual
APN 41-14-30-452-011
Neighborhood Heritage Hill
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