Grand Rapids, MI

Metro area in Michigan · Updated Jan 2026

12-Month Forecast ↑ +2.8%
Median Home Value
$338,550
↑ +4.6%
Year-over-year
Median Rent
$1,646/mo
↑ +4.0%
Year-over-year
Rental Yield
5.8%
Good for investors
5-Year Appreciation
+41.9%
Income Needed to Buy
$85,611
20% down, 30% DTI max
Active Listings
1,838
For-sale inventory
Price-to-Rent Ratio
17.1
Neutral market

Price Forecast

1 Month
↑ +0.6%
3 Months
↑ +1.3%
12 Months
↑ +2.8%

5-Year Price Trend

Frequently Asked Questions