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market report · 49503
Grand Rapids, MI · 49503
48 active listings$344,450 median ask$2,281 est. rent0.7% price/rent
$344,450
Median list price
$2,281/mo
Estimated rent
0.7%
Price / rent ratio
48
Listings
FHFA home price index · 2016–2025
137.5% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.51
Median rent / sqft
43 comps
$226.63
Median sold / sqft
43 comps
—
Walkability
4.4%
Area unemployment
BLS LAUS
Median household income $64,661 · median home value $241,900 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 87).
39 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
65 Monroe Center St, Grand Rapids, MI 49503
Grand Rapids, MI
$260,000$3,500/mo1.3%
1000 College Ave, Grand Rapids, MI 49503
Grand Rapids, MI
$139,900$1,822/mo1.3%
510 LA Grave Ave, Grand Rapids, MI 49503
Grand Rapids, MI
$299,900$3,815/mo1.3%
581 Harlan Ave, Grand Rapids, MI 49503
Grand Rapids, MI
$189,900$2,243/mo1.2%
853 Prospect Ave, Grand Rapids, MI 49503
Grand Rapids, MI
$249,900$2,230/mo0.9%
820 Woolsey Dr, Grand Rapids, MI 49503
Grand Rapids, MI
$199,000$1,760/mo0.9%