Downtown Grand Rapids, Grand Rapids, MI Rental Market Trends

What is the average rent in Downtown Grand Rapids?

The average rent for an apartment in Downtown Grand Rapids is $1,784. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Downtown Grand Rapids, Grand Rapids, MI

Last updated March 2025
Average Rent Average Apartment Size
$1,784 813 sq. ft.

What is the average apartment size in Downtown Grand Rapids, Grand Rapids, MI?

The average size for a Downtown Grand Rapids, Grand Rapids, MI apartment is 813 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.

Downtown Grand Rapids, Grand Rapids, MI apartment rent ranges

Downtown Grand Rapids, Grand Rapids, MI Occupied Housing Units

10,830 or 62% of the households in Downtown Grand Rapids, Grand Rapids, MI are renter-occupied while 6,505 or 38% are owner-occupied.

Downtown Grand Rapids, Grand Rapids, MI rent trends

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Average Rent in Grand Rapids, MI By Neighborhood

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What are the most affordable neighborhoods in Grand Rapids?

The most affordable neighborhoods in Grand Rapids are Alger Heights, where the average rent goes for $1,208/month, Ridgemoor, where renters pay $1,395/mo on average, and Heritage Hill, where the average rent goes for $1,405/mo. If you’re looking for other great deals, check out the listings from Millbrook ($1,437), Northeast Grand Rapids ($1,536), and West Grand ($1,598), where the asking prices are below the average Grand Rapids rent of $1,561/mo.

What are the most expensive neighborhoods in Grand Rapids?

The most expensive neighborhoods in Grand Rapids are Downtown Grand Rapids ($1,784), Michigan Oaks ($1,793) and Belknap Lookout ($1,822).

What are the most popular neighborhoods in Grand Rapids?

The most popular neighborhood in Grand Rapids is Heritage Hill, where there are 15 listings with an average rent of $1,405. Next up is Downtown Grand Rapids, where apartments go for $1,784/month, followed by Ridgemoor with $1,395 If you’re looking to rent in Grand Rapids’s most popular neighborhoods, make sure to also check out Belknap Lookout, where renters pay $1,822 on average, and West Grand, where the average monthly rent is $1,598.

Grand Rapids | Rent Comparison by Neighborhood

City
vs.

Rent in Downtown Grand Rapids is 48% higher than in Alger Heights

$1,784

Downtown Grand Rapids rent is the same as Grand Rapids average

Average Rent $1,784
$1,208

Alger Heights rent is 32% lower than Grand Rapids average

Average Rent $1,208

How Grand Rapids Compares to Other Cities

State Average Rent
Detroit $1,328
Grand Rapids $1,561
Lansing $1,180
East Lansing $1,735
Ann Arbor $2,070
Southfield $1,379
Kalamazoo $1,307
Farmington Hills $1,455
Westland $1,121
Wyoming $1,444
Walker $1,382
Flint $925
Kentwood $1,357
Holland $1,493
Grandville $1,408
Hudsonville $1,694
Norton Shores $1,416
Grand Haven $1,308
Zeeland $1,757

Most Popular Apartments in Grand Rapids

623 Cherry Street SE, Grand Rapids, MI 49503
1 BED $1,395

1542 Michigan Street NE, Grand Rapids, MI 49503
STUDIO $1,325+
1 BED $1,525
2+ BEDS $1,275

500 East Fulton St., Grand Rapids, MI 49503
STUDIO $1,193+
1 BED $1,545+
2+ BEDS $1,497+

2779-A Swansea Dr. SE, Grand Rapids, MI 49546
STUDIO $955+
1 BED $1,070+
2 BEDS $1,483+
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