Millbank
Solid value in a growing area
Median $345K·Walkability 3.3/10·Schools 4.6/10
So you've got this residential stretch in southeast Grand Rapids where the homes are mostly mid-century brick ranches and contemporary builds—the kind of solid, unpretentious houses that were going up in the 1950s and '60s when suburbs were actually getting built. Homes here run around $345K, and you're about fifteen minutes from downtown or Gerald R. Ford airport if you need either one in a pinch. The neighborhood sits in the Grand Rapids Public Schools district, and there's enough density that groceries, coffee, and restaurants are basically steps away—we're talking 174 restaurants within a mile and 72 grocery stores within two, so you're not hunting for a place to eat or grab milk. Oxford Park is a seven-minute walk if you want green space, and there are a couple other parks nearby too, plus transit stops right there if you're into that. It's the kind of place that doesn't announce itself but doesn't need to—you get a straightforward neighborhood with decent walkability to everyday stuff and easy access back into the city or out to the airport.
Why people love it here
$345K median
- 57 sales in last 12mo
Park-rich area
- 15 parks within 1 mile
- Bowen Station Park: 4 min drive
- Oxford Park: 5 min drive
Conventional Mortgage Calculator
Median home price in Millbank
Estimated Monthly Payment
$2,342/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
57 homes sold in Millbank this year. Thinking of selling?
See what your home is worthFlood Risk
None
Not in flood zone
Nearest Park
Oxford Park
0.3 mi
Parks Nearby
15
within 1 mile
Based on 17 rated schools nearby
Range: 2/10 to 7/10
School District: Grand Rapids Public Schools
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Mediterranian Island International Foods
+1 more
Great White Fish Chicken
+1 more
Cone City
+1 more
The Pump House
+1 more
Bowen Station Park
+1 more
Bowen Station Park Playground
Lake Eastbrook
Unnamed beach
Paul Henry - Thornapple Trail
Autumn Ash Drive
Blue's Gym
Kalamazoo/Southampton (NB)
+1 more
Zuah Pharmacy
Kentwood Library
My Little Munchkins Childcare Learning Center
Celebration Cinema South
Crime in Millbank is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Grand Rapids.
Grand Rapids crime & safety stats →To buy a median-priced Millbank home (around $345,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $61k/year in household income to qualify — an estimated monthly payment of $2,295 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,295/mo | $61,192 |
| 10% (+PMI) | $2,642/mo | $70,451 |
| 5% (+PMI) | $2,758/mo | $73,547 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Land for sale
Listings
1 parcel
Active / pending
Median Price
$140K
Per listing
Who actually lends in Millbank, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Neighborhood Association
Millbrook Neighborhood Association
Association for the Millbrook area in SE Grand Rapids; organizes via newsletter and Nextdoor.
Source: nabooklet2020
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$862/yr in electricity from a typical rooftop solar system
Produces ~6,290 kWh/yr · offsets ~60% of a typical home's use
Municipal / public water
Based on assessor parcel records
Municipal sewer
Based on assessor parcel records
City of Grand Rapids Refuse & Recycling
City-run refuse/recycling cart program for residents.
Consumers Energy Co · ~13.7¢/kWh
Investor-owned utility serving the region.
Confirm by addressDTE Energy
DTE Gas serves much of Grand Rapids natural gas; verify by address.
Confirm by addressServices for Grand Rapids · Source: grandrapidsmi.gov
Utility, solar, and service details for Millbank are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
🛒 Grocery(29)
Family Fare
Grocery Store
Mediterranian Island International Foods
Grocery Store
Mediterranean Island International Foods
Grocery Store
+26 more within 5 miles
🍕 Restaurants(7)
Great White Fish Chicken
Fast Food
Fast Food
Papa Johns Pizza
Restaurant
First Wok
Restaurant
Pizza Hut
Restaurant
+2 more within 5 miles
☕ Coffee(19)
+16 more within 5 miles
🍺 Bars(23)
+20 more within 5 miles
🏫 Schools(27)
School
Alexander Hamilton School
School
Ken-O-Sha Park School
+22 more within 5 miles
💪 Gyms(6)
Blue's Gym
Fitness Center
Planet Fitness
Fitness Center
Planet Fitness
Fitness Center
+3 more within 5 miles
🌳 Parks(4)
+1 more within 5 miles
🐕 Dog Parks(1)
Dog Park in 29th St & East Paris Ave Area
Dog Park
🚴 Trails(6)
Bike Path
Bike Path
Unnamed bike_path
Bike Path
Shaffer Ave & 36th St Area Trail
Bike Path
+3 more within 5 miles
🚌 Transit(30)
Transit Stop
Transit Stop
Transit Stop
+27 more within 5 miles
💊 Pharmacies(12)
+9 more within 5 miles
👶 Childcare(2)
🏥 Hospitals(2)
Hospital
Forest View Hospital
Hospital
📚 Libraries(8)
+5 more within 5 miles
⚡ EV Charging(3)
EV Charging
ChargePoint
EV Charging
EV Charging
Frequently asked about Millbank
- What do homes cost in Millbank?
- The median home value in Millbank is about $345,000. Individual prices vary by street, size, and condition.
- How active is the Millbank housing market?
- no homes are listed in Millbank right now, and 57 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Millbank?
- Millbank is served by Grand Rapids Public Schools. Its highest-rated assigned school is Center for Economicology (8/10).
- Is Millbank walkable?
- Millbank scores 3.3/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.