Rental market snapshot for Grand Rapids, Michigan
Grand Rapids, Michigan Rental Property Market Overview
Grand Rapids, Michigan is a vibrant city located in the western part of the state. According to the US Census, the population of Grand Rapids in 2021 is 197,416. The city is known for its diverse culture, thriving art and music scene, and numerous outdoor activities. Grand Rapids is home to a variety of attractions, including the Grand Rapids Art Museum, the Grand Rapids Public Museum, and the John Ball Zoo. The city also offers a variety of restaurants, shopping, and entertainment options. Grand Rapids is a great place to live, work, and play.
The average rent for an apartment in Grand Rapids is $1,750. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
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Average monthly rent graph in Grand Rapids Michigan | Cost of Living
- The most expensive ZIP code in Grand Rapids is 49504 with an average price of $1,822.
- The cheapest ZIP code in Grand Rapids is 49548 with an average price of $1,272.
Grand Rapids ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 49504 | $1,822 |
| 2 | 49546 | $1,818 |
| 3 | 49505 | $1,788 |
| 4 | 49508 | $1,726 |
| 5 | 49534 | $1,687 |
| 6 | 49525 | $1,686 |
| 7 | 49503 | $1,664 |
| 8 | 49507 | $1,592 |
| 9 | 49512 | $1,450 |
| 10 | 49548 | $1,272 |
Live near Grand Rapids, Michigan's Top Sights and Attractions
Oxford Place is a historic building located in the heart of Grand Rapids. It was built in 1891 and is listed on the National Register of Historic Places. It is a three-story brick building with a large central tower and a mansard roof. Inside, visitors can explore the grand staircase, ornate woodwork, and stained glass windows. The building is home to a variety of businesses, including a restaurant, a bar, and a retail store. Oxford Place is a popular destination for visitors to Grand Rapids, offering a unique glimpse into the city's past.
Shawmut Hills Park is a beautiful outdoor area located in Grand Rapids, Michigan. It features a large pond, walking trails, and plenty of open space for picnicking and playing. The park also has a playground, basketball court, and a pavilion for special events. The park is surrounded by lush trees and foliage, making it a great spot to relax and enjoy nature.
Dickinson Park is a large public park located in Grand Rapids, Michigan. It features a variety of outdoor activities, including a large playground, a walking trail, a pond, and a picnic area. The park also has a variety of sports fields, including baseball, softball, and soccer fields. There is also a large open space for activities such as Frisbee, kite flying, and other outdoor games. The park is a great place to spend time with family and friends, and is a popular spot for locals and visitors alike.
Frederik Meijer Gardens is a sprawling botanical garden and sculpture park located in the heart of Michigan. It features a variety of gardens, including a Japanese garden, a children's garden, a tropical conservatory, and a Victorian garden. The grounds also feature a variety of sculptures, including works by Auguste Rodin, Henry Moore, and Louise Bourgeois. The gardens also host a variety of events, including concerts, art exhibits, and educational programs.
Dickinson Buffer Park is a large green space located in the heart of the city. It features a variety of outdoor activities, including walking trails, a playground, picnic areas, and a pond. The park also has a large open field, perfect for sports and other activities. The park is surrounded by trees, providing a peaceful and serene atmosphere. In the summer, the park is a popular spot for families and friends to gather and enjoy the outdoors.
Riverside Park is a beautiful outdoor area located on the banks of the Grand River. It features a variety of activities, including walking trails, picnic areas, playgrounds, and a beach. The park also has a large pond with a fountain, a boat launch, and a skate park. Visitors can also enjoy the many sculptures and monuments scattered throughout the park.
Belknap Park is a scenic outdoor area located on the banks of the Grand River. It features a variety of recreational activities, including walking trails, fishing, and a playground. There are also picnic areas, a boat launch, and a beach. The park is a great spot for a family outing or a romantic evening stroll.
Crescent Park is a popular outdoor destination located along the Grand River. It features a large grassy area with plenty of space for picnics, games, and other activities. There is also a playground, a walking path, and a fishing pier. The park is home to a variety of wildlife, including ducks, geese, and other birds. The park is a great spot to relax and enjoy the beauty of nature.
Wilcox Park is a beautiful green space located in the heart of the city. It features a large pond, walking trails, and plenty of open space for picnics and outdoor activities. The park is also home to a variety of wildlife, including ducks, geese, and other birds. In addition, Wilcox Park is home to a variety of sculptures, monuments, and other works of art. The park is a popular destination for locals and visitors alike, and is a great place to relax and take in the beauty of the city.
Oakes Street Park is a beautiful outdoor space located in Grand Rapids, Michigan. It features a large pond with a fountain, a playground, a walking path, and plenty of green space. The park is surrounded by trees and is a great spot for a picnic or a leisurely stroll. It is also home to a variety of wildlife, making it a great place to observe nature.
Grand Rapids, Michigan area median rent change by ZIP code map
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How does Grand Rapids compare to other cities in Michigan?
| city | median price |
|---|---|
| Whitmore Lake | $1,510 |
| Detroit | $1,430 |
| Sterling Heights | $1,406 |
| Grand Ledge | $1,150 |
| Roseville | $1,095 |
| Wayne | $1,065 |
| Burton | $850 |
| East Lansing | $850 |
| Niles | $837 |
Average household income in Grand Rapids area graph - US Census
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The median household income in Grand Rapids in 2021 was $55,385. This represents a 41.8% change from 2011 when the median was $39,070.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 8.4% |
| 1 | $10,000 to $14,999 | 4.7% |
| 2 | $15,000 to $19,999 | 5.1% |
| 3 | $20,000 to $24,999 | 6.5% |
| 4 | $25,000 to $29,999 | 4.1% |
| 5 | $30,000 to $34,999 | 5.2% |
| 6 | $35,000 to $39,999 | 4.7% |
| 7 | $40,000 to $44,999 | 5.2% |
| 8 | $45,000 to $49,999 | 4.5% |
| 9 | $50,000 to $59,999 | 8.3% |
| 10 | $60,000 to $74,999 | 11.3% |
| 11 | $75,000 to $99,999 | 12.9% |
| 12 | $100,000 to $124,999 | 8.5% |
| 13 | $125,000 to $149,999 | 4.0% |
| 14 | $150,000 to $199,999 | 3.7% |
| 15 | $200,000 or more | 2.8% |
