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market report · 49507
Grand Rapids, MI · 49507
61 active listings$260,000 median ask$2,174 est. rent0.8% price/rent
$260,000
Median list price
$2,174/mo
Estimated rent
0.8%
Price / rent ratio
61
Listings
FHFA home price index · 2016–2025
146.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.49
Median rent / sqft
56 comps
$179.68
Median sold / sqft
56 comps
—
Walkability
4.4%
Area unemployment
BLS LAUS
Median household income $61,461 · median home value $199,300 · ACS 2024.
Natural-hazard risk Relatively Low (FEMA NRI score 44).
41 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
908 Eastern Ave, Grand Rapids, MI 49507
Grand Rapids, MI
$209,900$2,542/mo1.2%
835 SE Eastern Ave, Grand Rapids, MI 49507
Grand Rapids, MI
$260,000$3,114/mo1.2%
111 Fair St, Grand Rapids, MI 49507
Grand Rapids, MI
$175,000$2,051/mo1.2%
1100 Cass Ave, Grand Rapids, MI 49507
Grand Rapids, MI
$189,900$2,169/mo1.1%
860 Worden St, Grand Rapids, MI 49507
Grand Rapids, MI
$220,000$2,356/mo1.1%
1335 Kalamazoo Ave, Grand Rapids, MI 49507
Grand Rapids, MI
$199,900$2,138/mo1.1%