Single-family Foreclosures in Grand Rapids, MI 49544

Current Market Conditions in Grand Rapids, MI

The Grand Rapids real estate market has been experiencing steady growth, with home prices steadily on the rise due to increased demand and a limited housing supply. This is particularly true in urban areas where new developments are attracting buyers looking for modern living spaces.

There has been a noticeable trend towards revitalizing downtown Grand Rapids, drawing in new businesses and residents alike. This has not only increased property values but has also contributed to the overall economic growth of the city, making it an attractive option for real estate investment.

Rent Prices In Grand Rapids, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grand Rapids, MI, is on a rollercoaster ride. The average rent price in Grand Rapids, MI, is $1,733.00. Indeed, when looking to rent in Grand Rapids, MI, you can expect to pay as little as $530.00 or as much as $3,820.00, with the average rent median estimated to be $1,650.00. The good news is that finding an affordable and desirable property to rent in Grand Rapids, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.