Kentwood, MI Rental Market Trends
What is the average rent in Kentwood?
The average rent for an apartment in Kentwood is $1,065, a 7% increase compared to the previous year, when the average rent was $991.
Average Rent in Kentwood, MI
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,065 | 7% | 879 sq. ft. |
What is the average apartment size in Kentwood?
The average size for a Kentwood, MI apartment is 879 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.
Kentwood, MI Apartment Rent Ranges
- $501-$7001%
- $701-$1,00049%
- $1,001-$1,50044%
- $1,501-$2,0006%
Kentwood, MI Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
7,617 or 37% of the households in Kentwood, MI are renter-occupied while 12,722 or 62% are owner-occupied.
Kentwood, MI Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Kentwood, MI | $912 | $912 | $944 | $946 | $967 | $979 | $991 | $1,014 | $1,047 | $1,065 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
Average Rent in Kentwood, MI By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Cannon | $1,503 |
| Greater Lowell | $1,414 |
| Lowell | $1,414 |
| Vergennes | $1,414 |
| Grattan | $1,304 |
| Caledonia | $1,228 |
| Greater Caledonia | $1,228 |
| Grand Rapids Township | $1,177 |
| Northview | $1,167 |
| Byron Center | $1,154 |
| Greater Cutlerville | $1,143 |
| Forest Hills | $1,111 |
| Rockford | $1,110 |
| Gaines | $1,105 |
| Courtland | $1,023 |
| Oakfield | $1,023 |
| Wyoming | $1,015 |
| Cutlerville | $994 |
| East Grand Rapids | $992 |
| Greater Northview | $960 |
| Comstock Park | $954 |
| Greater Comstock Park | $949 |
| Algoma | $941 |
| Cedar Springs | $888 |
| Greater Cedar Springs | $888 |
| Greater Sand Lake | $888 |
| Spencer | $888 |
| Greater Sparta | $847 |
| Sparta | $847 |
What are the most affordable neighborhoods in Kentwood?
The most affordable neighborhoods in Kentwood are Greater Sparta, where the average rent goes for $847/month, Sparta, where renters pay $847/mo on average, and Cedar Springs, where the average rent goes for $888/mo. If you’re looking for other great deals, check out the listings from Greater Cedar Springs ($888), Greater Sand Lake ($888), and Spencer ($888), where the asking prices are below the average Kentwood rent of $1,065/mo.
What are the most expensive neighborhoods in Kentwood?
The most expensive neighborhoods in Kentwood are Lowell ($1,414), Vergennes ($1,414) and Cannon ($1,503).
What are the most popular neighborhoods in Kentwood?
The most popular neighborhood in Kentwood is Wyoming, where there are 11 verified RENTCafé listings with an average rent of $1,015. Next up is Northview, where apartments go for $1,167/month, followed by Comstock Park with $954 If you’re looking to rent in Kentwood’s most popular neighborhoods, make sure to also check out Cutlerville, where renters pay $994 on average, and Gaines, where the average monthly rent is $1,105.
Kentwood | Rent Comparison by Neighborhood
Rent in Algoma is 18% lower than in Byron Center
Algoma rent is 12% lower than Kentwood average
| Average Rent | $941 |
|---|
Byron Center rent is 8% higher than Kentwood average
| Average Rent | $1,154 |
|---|
How Kentwood Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Grand Rapids | $1,140 | 4% |
| East Lansing | $1,299 | n/a |
| Ann Arbor | $1,595 | 1% |
| Detroit | $1,105 | 3% |
| Lansing | $906 | 3% |
| Kalamazoo | $1,023 | 6% |
| Wyoming | $1,015 | 8% |
| Walker | $1,063 | 9% |
| Kentwood | $1,065 | 7% |
| Battle Creek | $787 | 7% |
| Holland | $1,072 | 8% |