Grand Rapids, MI Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Grand Rapids is $1,591, a 2.55% increase compared to the previous year, when the average rent was $1,552.
Studio Apartments at $1,282 offer the most budget-friendly option with 417 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 684 square feet for $1,421, balancing privacy and affordability.
Two-beedroom units at $1,644 offer 988 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,362 sq ft) for $2,113, suitable for larger households.
Average rent in Grand Rapids, MI
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,591 | 885 sq. ft. |
| Studio | $1,282 | 417 sq. ft. |
| 1 Bed | $1,421 | 684 sq. ft. |
| 2 Beds | $1,644 | 988 sq. ft. |
| 3 Beds | $2,113 | 1,362 sq. ft. |
Grand Rapids, MI rent trends
Rental prices in Grand Rapids, MI have increased by 2.55% over the past year. The average rent moved from $1,552 to $1,591.
What's the typical rent budget in Grand Rapids, MI?
The largest share of rentals in Grand Rapids, MI (46%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Grand Rapids, MI?
36,274 or 45% of the households in Grand Rapids, MI are renter-occupied while 43,670 or 55% are owner-occupied.
Most affordable neighborhoods in Grand Rapids?
Alger Heights $1,213/month
Ridgemoor $1,425/month
Millbrook $1,439/month
All of these neighborhoods fall below the city wide average of $1,591/month.Most expensive neighborhoods in Grand Rapids?
Downtown Grand Rapids $1,801/month
Midtown Grand Rapids $1,809/month
Belknap Lookout $1,811/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Grand Rapids, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Belknap Lookout | $1,811 |
| Midtown Grand Rapids | $1,809 |
| Downtown Grand Rapids | $1,801 |
| Michigan Oaks | $1,733 |
| Creston | $1,626 |
| Northeast Grand Rapids | $1,611 |
| West Grand | $1,591 |
| Heritage Hill | $1,482 |
| Millbrook | $1,439 |
| Ridgemoor | $1,425 |
| Alger Heights | $1,213 |
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Grand Rapids | Rent Comparison by Neighborhood
Rent in Alger Heights is 33% lower than in Belknap Lookout
$1,213
Alger Heights rent is 24% lower than Grand Rapids average
Average Rent
$1,213
$1,811
Belknap Lookout rent is 14% higher than Grand Rapids average
Average Rent
$1,811
How Grand Rapids Compares to Other Cities
| City | Average Rent |
|---|---|
| Grand Rapids | $1,591 |
| Detroit | $1,312 |
| Ann Arbor | $2,039 |
| Lansing | $1,198 |
| East Lansing | $1,706 |
| Kalamazoo | $1,316 |
| Southfield | $1,381 |
| Farmington Hills | $1,495 |
| Ypsilanti | $1,288 |
| Westland | $1,162 |
| Battle Creek | $1,092 |
| Wyoming, MI | $1,503 |
| Holland | $1,569 |
| Walker, MI | $1,412 |
| Kentwood, MI | $1,382 |
| Hudsonville, MI | $1,672 |
| Grandville, MI | $1,453 |
| Greenville, MI | $1,289 |
| Norton Shores, MI | $1,441 |
| Grand Haven, MI | $1,398 |
| Zeeland, MI | $1,867 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Grand Rapids apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.