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market report · 49506
Grand Rapids, MI · 49506
61 active listings$374,900 median ask$2,492 est. rent0.7% price/rent
$374,900
Median list price
$2,492/mo
Estimated rent
0.7%
Price / rent ratio
61
Listings
FHFA home price index · 2016–2025
101.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.47
Median rent / sqft
59 comps
$231.02
Median sold / sqft
59 comps
—
Walkability
4.4%
Area unemployment
BLS LAUS
Median household income $118,131 · median home value $375,000 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 44).
23 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
655 Dolbee Ave, Grand Rapids, MI 49506
Grand Rapids, MI
$130,000$2,466/mo1.9%
1334 Fuller Ave, Grand Rapids, MI 49506
Grand Rapids, MI
$190,000$2,051/mo1.1%
832 Thomas St, Grand Rapids, MI 49506
Grand Rapids, MI
$250,000$2,429/mo1%
1115 Baxter St, Grand Rapids, MI 49506
Grand Rapids, MI
$275,000$2,360/mo0.9%
323 Robey Pl, Grand Rapids, MI 49506
Grand Rapids, MI
$269,000$2,308/mo0.9%
2545 Abbington Dr, Grand Rapids, MI 49506
Grand Rapids, MI
$214,900$1,788/mo0.8%