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
Truxton Ave2231$305,6361,397 Sq.Ft.8/28/2024Tuckahoe Ct1343$782,6922,297 Sq.Ft.8/17/2023Tuell St1431$295,7141,126 Sq.Ft.3/31/2025Tulip St2031$182,6841,255 Sq.Ft.11/22/2024Tuller Ave2N/AN/A$75,000N/A12/1/2005Turnberry Dr1244$796,0002,780 Sq.Ft.5/17/2024Turner Ave13642$244,93912,168 Sq.Ft.3/3/2025Turnstone Ln3022$430,6671,355 Sq.Ft.6/28/2024Turret Dr2432$360,9171,730 Sq.Ft.6/14/2024Turtle Dove Dr831$228,0001,456 Sq.Ft.N/ATuscan Crest Dr823$684,0001,689 Sq.Ft.11/25/2024Tuscany Dr2833$552,0361,927 Sq.Ft.8/16/2024Tuttle Ave1832$315,5561,720 Sq.Ft.7/26/2023Twinberry Ct543$537,2002,474 Sq.Ft.6/3/2024Twin Lakes Dr3632$431,2781,547 Sq.Ft.7/11/2024Tyler Ct532$362,8001,754 Sq.Ft.3/4/2020Umatilla St3831$198,6761,562 Sq.Ft.2/5/2025Underhill Ave3631$183,4291,120 Sq.Ft.2/20/2025Underwood Ave7831$285,2951,478 Sq.Ft.4/30/2025Union Ave68332$340,8892,028 Sq.Ft.5/28/2025Union Ct3032$288,1001,320 Sq.Ft.6/28/2023Uplands Dr743$872,5712,920 Sq.Ft.9/1/2021Upper Lake Ct1054$1,025,9002,509 Sq.Ft.10/23/2024Upper River Ct322$610,0002,195 Sq.Ft.6/11/2022Upperwood Dr343$801,3333,167 Sq.Ft.9/23/2020Urban Ave931$241,2221,004 Sq.Ft.9/25/2023Valentine Blvd4932$381,9581,459 Sq.Ft.4/16/2025Valley Ave35332$284,8831,432 Sq.Ft.5/7/2025Valley Dr6632$265,6821,497 Sq.Ft.4/16/2025Valley Forge St2232$408,9551,459 Sq.Ft.3/4/2025Valley Hollow Dr1623$364,3131,567 Sq.Ft.9/25/2023Valley Lane Ct732$340,7141,324 Sq.Ft.9/10/2024Valley Lane Dr3132$341,5609,224 Sq.Ft.1/22/2025Valley Rim Dr822$332,1251,592 Sq.Ft.4/22/2022Valley Side Ct1622$354,6881,714 Sq.Ft.1/29/2025Valley Side Dr1222$352,2501,963 Sq.Ft.12/15/2023Valley Vale Dr1222$350,0831,694 Sq.Ft.2/13/2025Valleyview Ct943$433,2221,664 Sq.Ft.12/17/2021Valley Way Dr422$352,5001,539 Sq.Ft.5/22/2025Valleywood Dr1N/AN/AN/AN/A2/22/2012Van Allen St3931$248,9491,138 Sq.Ft.5/23/2025Van Auken St4232$315,3661,430 Sq.Ft.11/18/2024Van Buren Ave6131$261,0491,252 Sq.Ft.3/12/2025Vandenberg Pl831$235,7141,132 Sq.Ft.2/18/2025Vanderjagt Dr232$371,0001,471 Sq.Ft.9/27/2013Vandine Pl2331$241,2171,060 Sq.Ft.4/10/2025Van Ess Ave3332$384,5151,673 Sq.Ft.9/27/2024Vangie Dr1N/AN/AN/AN/AN/AVan Haaften Pl231$182,500984 Sq.Ft.9/18/2023Vanover St1333$402,2311,927 Sq.Ft.11/27/2024Van Portfliet Ave1031$274,1111,099 Sq.Ft.4/29/2022Van Raalte Dr831$179,5711,087 Sq.Ft.4/16/2021Van Vista Dr733$483,8572,132 Sq.Ft.11/10/2023Van Vista Dr Open Sp1N/AN/AN/AN/AN/AVassar St2332$339,5221,332 Sq.Ft.4/23/2025Venetian Dr543$556,4002,137 Sq.Ft.3/17/2014Ventura Dr1932$674,9471,946 Sq.Ft.9/15/2023Veranda Dr633$787,3332,481 Sq.Ft.8/31/2023Vernon St2631$276,0381,305 Sq.Ft.5/21/2025Vernor Ave942$357,5561,466 Sq.Ft.11/8/2021Versluis Park Dr1N/AN/AN/AN/AN/AVesta Ln1043$724,9002,490 Sq.Ft.5/2/2022Veterans Memorial Dr9N/AN/AN/AN/AN/AVeto St12731$252,1261,317 Sq.Ft.2/28/2025Vickery Hill Ct1023$971,1001,880 Sq.Ft.11/21/2022Vicksburg Ct943$487,2222,432 Sq.Ft.5/12/2025Victor Ave1N/AN/AN/AN/AN/AVictoria Ave29N/A1$297,962N/AN/AViewpond Dr10N/A8N/A5,489 Sq.Ft.5/8/2023Village Dr6222$233,6671,521 Sq.Ft.5/28/2025Villa Montee Dr3422$212,529910 Sq.Ft.1/10/2025Villa Ridge Dr3622$206,583908 Sq.Ft.11/15/2024Vindale St20N/A1$228,105N/AN/AVinecroft St1931$252,7141,633 Sq.Ft.5/2/2025Vineland Ave1763$412,0003,251 Sq.Ft.2/7/2025Vineland Ct884$462,6253,750 Sq.Ft.12/1/2020Vinewood Ave1643$593,8752,375 Sq.Ft.7/31/2024Vineyard Ave7431$285,3291,219 Sq.Ft.5/12/2025Violet St1921$235,5261,013 Sq.Ft.4/4/2025Virginia St2032$370,5501,859 Sq.Ft.7/11/2024Vision Dr344$470,3332,748 Sq.Ft.N/AVisser Pl1932$268,1581,295 Sq.Ft.10/3/2024Vistabrook Ave2031$161,300N/AN/AVista Springs Ave1N/AN/AN/AN/A4/29/2019Vistaview Ct1632$370,6251,557 Sq.Ft.10/5/2022Vistaview Dr942$357,8891,483 Sq.Ft.9/8/2021Voorheis Ave631$228,2501,210 Sq.Ft.10/28/2019Vries St5241$186,1601,162 Sq.Ft.12/26/2024Wabash Ave5N/AN/AN/A11,860 Sq.Ft.N/AWabash Ct1242$359,5832,142 Sq.Ft.11/22/2024Wabash Dr4242$344,8291,867 Sq.Ft.1/31/2025Wadsworth St3431$236,4241,085 Sq.Ft.5/6/2025Wainscot Dr4032$230,3001,170 Sq.Ft.8/30/2023Wakely St2332$366,9571,340 Sq.Ft.10/15/2021Waldorf Ct8N/AN/AN/A36,429 Sq.Ft.11/7/2013Waldorf St3332$310,77315,925 Sq.Ft.2/25/2025Waldorn Ave1932$353,8951,386 Sq.Ft.5/19/2025Walkent Ct4N/AN/AN/A110,831 Sq.Ft.5/31/2000Walkent Dr13N/AN/AN/A60,790 Sq.Ft.4/22/2014Walker Ave23432$328,72812,737 Sq.Ft.5/5/2025545 Fountain St NEGrand Rapids, MI 49503
Estimated Value $564,000
Living Area 2,749 SqFt
Beds 4
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-252-049
Neighborhood Heritage Hill
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
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
1051 Alpine Ave NWGrand Rapids, MI 49504
Estimated Value $245,000
Living Area 2,112 SqFt
Beds 4
Baths 2
Year Built 1902
Property Type Single Family
Ownership Type Individual
APN 41-13-23-233-020
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
619 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
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
1069 Quarry Ave NWGrand Rapids, MI 49504
Estimated Value $266,000
Living Area 1,982 SqFt
Beds 4
Baths 1
Year Built 1900
Property Type Single Family
Ownership Type Individual
APN 41-13-24-127-031
Neighborhood West Grand
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
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
505 Cherry St SE #314Grand Rapids, MI 49503
Estimated Value $147,000
Living Area 369 SqFt
Beds 1
Baths 1
Year Built 1949
Property Type Condominium
Ownership Type Individual
APN 41-14-30-408-038
Neighborhood Heritage Hill
School District Grand Rapids Public Schools
933 California St NWGrand Rapids, MI 49504
Estimated Value $232,000
Living Area 938 SqFt
Beds 3
Baths 1
Year Built 1947
Property Type Single Family
Ownership Type Individual
APN 41-13-26-278-029
Neighborhood John Ball Park
School District Grand Rapids Public Schools
911 North Ave NE #1Grand Rapids, MI 49503
Estimated Value $165,000
Living Area 734 SqFt
Beds 2
Baths 1
Year Built 1983
Property Type Condominium
Ownership Type Corporate
APN 41-14-19-185-016
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
1104 Cora St NWGrand Rapids, MI 49504
Estimated Value $242,000
Living Area 893 SqFt
Beds 3
Baths 1
Year Built 1941
Property Type Single Family
Ownership Type Individual
APN 41-13-23-262-007
Neighborhood West Grand
School District Grand Rapids Public Schools
27 Library St NE #503Grand Rapids, MI 49503
Estimated Value $408,000
Living Area 856 SqFt
Beds 1
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Corporate
APN 41-14-30-163-019
Neighborhood Heartside
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