Find Homes & Apartments for Rent in 49508

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What to Know About

Living in 49508

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

As of March 2025, 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 26.8% ($369) higher than the Michigan average of $1,376 and 2.4% ($43) lower than the U.S. average of $1,788.

Average Rent
$1,745
Monthly ChangeMonth Over Month Change
Decreased2.5% ($44)
Yearly ChangeYear Over Year Change
Increased5.4% ($89)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,380 Increased0.7% ($9) Increased13.7% ($166)
2 Beds $1,672 Decreased4.8% ($84) Increased4.8% ($77)
3 Beds $2,164 Increased0.9% ($19) Increased17% ($315)
Nearby Cities Average Rent Avg. Rent vs. Grand RapidsAverage Rent vs. Grand Rapids Avg. Days on MarketAverage Days on Market
Wyoming $1,047 Decreased40% ($698) 38 days
Grandville $1,388 Decreased20.5% ($357) 36 days
Jenison $1,950 Increased11.7% ($205) 36 days
Ada $2,550 Increased46.1% ($805) 37 days
Caledonia $1,848 Increased5.9% ($103) 38 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Grand Rapids Rental Market FAQs

Explore rental prices, market trends, and availability in Grand Rapids, MI.

The average rent in Grand Rapids, MI is $1,745 per month.
Homes in Grand Rapids typically rent for between $966 and $2,813 per month, with an average of $1,745 per month.
In Grand Rapids, the average rent for a 1-bedroom home is $1,380 per month, for a 2-bedroom home, $1,672 per month, and a 3-bedroom home is $2,164 per month.
The average rent in Grand Rapids is 2.4% ($43) lower than the national average of $1,788 per month.
The average rent in Grand Rapids has decreased by 2.5% ($44) in the last month and increased by 5.4% ($89) over the past year.
The rental market in Grand Rapids, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Grand Rapids, MI, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 370 rental properties available in Grand Rapids, MI.
Based on the current averages, a household would need an annual income of $66,880 to comfortably afford a 2-bedroom home in Grand Rapids.
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