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market report · 49505
Grand Rapids, MI · 49505
48 active listings$309,950 median ask$2,217 est. rent0.7% price/rent
$309,950
Median list price
$2,217/mo
Estimated rent
0.7%
Price / rent ratio
48
Listings
FHFA home price index · 2016–2025
129.5% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.42
Median rent / sqft
44 comps
$205.23
Median sold / sqft
44 comps
—
Walkability
4.4%
Area unemployment
BLS LAUS
Median household income $74,906 · median home value $246,700 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 28).
23 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
451 Carrier St, Grand Rapids, MI 49505
Grand Rapids, MI
$89,900$2,036/mo2.3%
430 Knapp St, Grand Rapids, MI 49505
Grand Rapids, MI
$160,000$1,962/mo1.2%
3064 Effie Pl, Grand Rapids, MI 49505
Grand Rapids, MI
$119,900$1,366/mo1.1%
1501 College Ave, Grand Rapids, MI 49505
Grand Rapids, MI
$299,900$2,648/mo0.9%
2222 Beatrice Dr, Grand Rapids, MI 49505
Grand Rapids, MI
$559,900$4,863/mo0.9%
2320 Diamond Ave, Grand Rapids, MI 49505
Grand Rapids, MI
$299,000$2,579/mo0.9%