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
Woodglen St4131$357,5001,333 Sq.Ft.5/15/2025Woodland Ave1531$322,8001,369 Sq.Ft.4/29/2022Woodland Creek Dr2N/AN/AN/AN/AN/AWoodland Dr7N/AN/A$245,00092,787 Sq.Ft.2/20/2025Woodlawn Ave11032$440,6231,635 Sq.Ft.9/12/2024Woodlawn Ct732$443,6006,875 Sq.Ft.3/10/2023Woodlawn St4932$206,1841,443 Sq.Ft.5/19/2025Woodmeade Ct1N/AN/AN/AN/AN/AWoodmeadow Dr2343$384,9232,420 Sq.Ft.9/19/2024Woodmeadow Pl1N/AN/AN/AN/A4/22/1994Woodmere Ave2642$424,9231,944 Sq.Ft.4/23/2025Woodmont St732$322,4291,331 Sq.Ft.7/21/2022Woodnymph Ct632$493,1671,367 Sq.Ft.4/20/2022Woodpath Dr531$338,2001,192 Sq.Ft.4/19/2024Woodridge Cir6033$671,1501,781 Sq.Ft.3/29/2024Woodridge St1831$246,667990 Sq.Ft.3/28/2023Woodrose Ct1622$268,750982 Sq.Ft.3/28/2025Woodrow Ave7031$318,8861,379 Sq.Ft.5/22/2025Woodsboro Ct943$452,4441,922 Sq.Ft.9/10/2015Woodsboro Dr3943$444,5901,737 Sq.Ft.6/5/2024Woodshire Ave1443$787,9292,580 Sq.Ft.10/18/2024Woodshire Pl1922$277,7891,017 Sq.Ft.8/5/2022Woodside Ave2231$349,1821,232 Sq.Ft.2/28/2025Woodside Dr2632$392,9621,577 Sq.Ft.5/19/2023Woodside Oaks Dr2143$595,4002,630 Sq.Ft.9/27/2023Woodside Trl2423$509,5001,736 Sq.Ft.10/16/2024Woodstock Ave1331$229,9231,045 Sq.Ft.10/11/2022Woodstream Dr1944$915,6322,424 Sq.Ft.5/16/2025Woodvale St3143$569,5812,168 Sq.Ft.9/13/2024Woodview Ln1N/A2$451,000999 Sq.Ft.N/AWoodward Ave6431$354,4761,364 Sq.Ft.4/24/2025Woodward Ln1132$647,5452,409 Sq.Ft.7/1/2021Woodwind Dr4932$328,5921,628 Sq.Ft.5/1/2025Woodworth St5332$328,6141,328 Sq.Ft.2/13/2025Woolsey Dr3931$211,711894 Sq.Ft.1/14/2025Wooster Ave442$343,5001,488 Sq.Ft.9/18/2024Worcester Dr11932$387,1261,565 Sq.Ft.4/2/2025Worden St14142$246,3191,754 Sq.Ft.4/15/2025Wren Ave344$1,204,0002,992 Sq.Ft.2/1/2017Wright St2521$212,583892 Sq.Ft.5/9/2025Wyandotte Dr2642$336,2311,722 Sq.Ft.10/15/2024Wycliff Dr632$494,2501,652 Sq.Ft.9/24/2021Wyndam Ct333$407,3331,658 Sq.Ft.7/21/2021Wyndham Dr1523$428,2001,511 Sq.Ft.4/30/2025Wyndhurst Ct1143$690,4552,057 Sq.Ft.10/26/2020Wyndtree Ln3032$326,7331,358 Sq.Ft.11/22/2023Yarrow Dr744$1,371,1433,780 Sq.Ft.8/31/2020York Dr932$622,5562,008 Sq.Ft.8/15/2021Yorkshire St1431$299,0711,372 Sq.Ft.12/12/2024Yorktown Dr2043$403,3001,866 Sq.Ft.6/14/2024Youell Ave2442$411,1251,792 Sq.Ft.3/4/2022Zackery Ct333$521,0001,665 Sq.Ft.6/30/2016Zeeland Ct831$247,1251,042 Sq.Ft.5/20/2025Zeno St1631$214,1251,249 Sq.Ft.9/25/2024Zinnia Ct732$386,1431,505 Sq.Ft.9/8/2023Zion Ct443$433,0001,939 Sq.Ft.5/18/2021Zoe Ln933$698,6673,198 Sq.Ft.5/15/2018Zuni Trl1622$210,0001,167 Sq.Ft.12/13/2024940 Monroe Ave NW #323Grand Rapids, MI 49503
Estimated Value $344,000
Living Area 985 SqFt
Beds 2
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Individual
APN 41-13-24-285-130
Neighborhood Belknap Lookout
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
228 Madison Ave SEGrand Rapids, MI 49503
Estimated Value $727,000
Living Area 3,589 SqFt
Beds 5
Baths 2
Year Built 1921
Property Type Single Family
Ownership Type Individual
APN 41-14-30-451-005
Neighborhood Heritage Hill
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
844 Lafayette Ave NEGrand Rapids, MI 49503
Estimated Value $220,000
Living Area 1,066 SqFt
Beds 3
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Corporate
APN 41-14-19-183-007
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
600 Broadway Ave NW #431Grand Rapids, MI 49504
Estimated Value $276,000
Living Area 943 SqFt
Beds 1
Baths 1
Year Built 1900
Property Type Condominium
Ownership Type Trust
APN 41-13-24-335-180
Neighborhood West Grand
School District Grand Rapids Public Schools
345 Coldbrook St NEGrand Rapids, MI 49503
Estimated Value $182,000
Living Area 660 SqFt
Beds 2
Baths 1
Year Built 1926
Property Type Single Family
Ownership Type Individual
APN 41-14-19-129-015
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
931 3rd St NWGrand Rapids, MI 49504
Estimated Value $232,000
Living Area 1,234 SqFt
Beds 3
Baths 1
Year Built 1895
Property Type Single Family
Ownership Type Trust
APN 41-13-23-437-016
Neighborhood West Grand
School District Grand Rapids Public Schools
1101 Fremont Ave NWGrand Rapids, MI 49504
Estimated Value $232,000
Living Area 1,439 SqFt
Beds 2
Baths 1
Year Built 1905
Property Type Single Family
Ownership Type Individual
APN 41-13-23-227-023
Neighborhood West Grand
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
940 Monroe Ave NW #116Grand Rapids, MI 49503
Estimated Value $199,000
Living Area 574 SqFt
Beds 1
Baths 1
Year Built 1892
Property Type Condominium
Ownership Type Related
APN 41-13-24-285-026
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
740 Clancy Ave NEGrand Rapids, MI 49503
Estimated Value $269,000
Living Area 1,315 SqFt
Beds 2
Baths 2
Year Built 2019
Property Type Residential Vacant Land
Ownership Type Corporate
APN 41-14-19-327-009
Neighborhood Belknap Lookout
School District Grand Rapids Public Schools
27 Library St NE #902Grand Rapids, MI 49503
Estimated Value $1,217,000
Living Area 3,861 SqFt
Beds 4
Baths 2
Year Built 1915
Property Type Condominium
Ownership Type Individual
APN 41-14-30-163-039
Neighborhood Heartside
School District Grand Rapids Public Schools
621 Fountain St NEGrand Rapids, MI 49503
Estimated Value $389,000
Living Area 2,498 SqFt
Beds 4
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 41-14-30-276-016
Neighborhood Midtown
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
545 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