Grand Ledge, MI Rental Market Trends
Highlights
The average rent for an apartment in Grand Ledge is $957, a 1% increase compared to the previous year, when the average rent was $945.
Average Rent in Grand Ledge, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $957 | 1% | 933 sq. ft. |
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
- $501-$70020%
- $701-$1,00044%
- $1,001-$1,50036%
- $1,501-$2,0001%
Grand Ledge, MI Occupied Housing Units
- Renter-occupied Households41%
- Owner-occupied Households58%
1,489 or 41% of the households in Grand Ledge, MI are renter-occupied while 2,087 or 58% are owner-occupied.
Grand Ledge, MI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Grand Ledge, MI | $804 | $804 | $831 | $857 | $873 | $945 | $926 | $931 | $957 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Grand Ledge Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,138 | 5% |
| Detroit | $1,091 | 2% |
| East Lansing | $1,306 | 2% |
| Ann Arbor | $1,582 | n/a |
| Lansing | $908 | 4% |
| Waverly | $916 | 3% |
| Holt | $1,052 | 3% |
| Okemos | $1,047 | -1% |
| Haslett | $821 | 2% |
| Grand Ledge | $957 | 1% |
| Dewitt | $1,159 | 26% |
For more information about the Grand Ledge rental trends, check out our monthly rent report
Check out Michigan Cities, Michigan Neighborhoods and Michigan Zip Codes for more details on verified listings, including the Michigan Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!