Homes & Apartments for Rent in Grand Rapids, MI 49505

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What to Know About

Living in 49505

Grand Rapids is a vibrant city in western Michigan, known for its unique mix of urban sophistication and small-town charm. It's a city steeped in history, with iconic landmarks like Meyer May House, La Grande Vitesse, Grand Rapids Art Museum, and Broadway Grand Rapids, Grand Rapids Public Museum. Grand Rapids is also home to several world-renowned universities, including Grand Valley State University and Calvin University, which provide top-notch academic programs and opportunities.

Nature enthusiasts will love the many outdoor activities available in Grand Rapids, such as hiking and biking along the White Pine Trail, exploring the Blandford Nature Center, or visiting the John Ball Zoo. Regarding gastronomy, you get the entire mix of dining experiences, with options ranging from farm-to-table cuisine, and the downtown area has a variety of breweries to explore. In addition, Grand Rapids hosts several major events throughout the year, like The Grand Rapids ArtPrize and the Festival of the Arts, which you will want to attend.

Its abundance of parks, recreational activities, and family-friendly attractions make Grand Rapids an exceptional place to live.

Rental Market Trends

Grand Rapids, MI

No. 13 Hottest Rental Market
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As of October 2026, Grand Rapids's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Grand Rapids's average rent is 38.0% ($530) higher than the Michigan average of $1,395 and 5.8% ($106) higher than the U.S. average of $1,819.

Average Rent
$1,925
Monthly ChangeMonth Over Month Change
Increased3.5% ($65)
Yearly ChangeYear Over Year Change
Decreased2.4% ($47)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,418 Decreased0.9% ($13) Increased3.4% ($47)
2 Beds $1,858 Increased2.3% ($42) Decreased7.2% ($145)
3 Beds $2,644 Increased1.9% ($50) Increased13.9% ($322)
Nearby Cities Average Rent Avg. Rent vs. Grand RapidsAverage Rent vs. Grand Rapids Avg. Days on MarketAverage Days on Market
Wyoming $1,132 Decreased41.2% ($793) 34 days
Grandville $2,723 Increased41.5% ($798) 36 days
Ada $2,056 Increased6.8% ($131) 32 days
Comstock Park $1,240 Decreased35.6% ($685) 38 days
Belmont $1,951 Increased1.4% ($26) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Grand Rapids Rental Market FAQs

Explore rental prices, market conditions, and affordability in Grand Rapids, MI.

The average rent in Grand Rapids, MI is $1,925 per month.
In Grand Rapids, the average rent for a 1-bedroom home is $1,418 per month, for a 2-bedroom home, $1,858 per month, and a 3-bedroom home is $2,644 per month.
The average rent in Grand Rapids is 5.8% ($106) higher than the national average of $1,819 per month.
The rental market in Grand Rapids, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
Based on the current averages, a household would need an annual income of $74,320 to comfortably afford a 2-bedroom home in Grand Rapids.
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