Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Grand Ledge, MI Rental Market Trends
What is the average rent in Grand Ledge?
The average rent for an apartment in Grand Ledge is $1,009. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Grand Ledge, MI
Last updated January 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,009 | 933 sq. ft. |
What is the average apartment size in Grand Ledge?
The average size for a Grand Ledge, MI apartment is 933 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Grand Ledge, MI Apartment Rent Ranges
Grand Ledge, MI Occupied Housing Units
1,663 or 45% of the households in Grand Ledge, MI are renter-occupied while 1,971 or 54% are owner-occupied.
Grand Ledge, MI Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Jan / 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Grand Ledge, MI | $857 | $873 | $945 | $926 | $931 | $957 | $932 | $989 | $1,009 |
| National | $1,344 | $1,376 | $1,384 | $1,387 | $1,379 | $1,383 | $1,393 | $1,476 | $1,572 |
How Grand Ledge Compares to Other Cities
| City | Average Rent |
|---|---|
| Detroit | $1,154 |
| Grand Rapids | $1,287 |
| Ann Arbor | $1,749 |
| East Lansing | $1,378 |
| Lansing | $972 |
| Owosso | $732 |
| Kentwood | $1,228 |
| Battle Creek | $894 |
| Holt | $1,112 |
| Okemos | $1,134 |
| Grand Ledge | $1,009 |
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Grand Ledge apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.