Last updated
Average Rent in Grand Rapids, MI & Rent Trends
Rent prices and market trends across 3 apartment communities in Grand Rapids, MI. Updated daily.
Market Average
$2,302/mo
Lowest Available
$1,250/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
13
available now
Price Cuts This Week in Grand Rapids, MI
3 listed units across 1 building offering studio units in Grand Rapids, MI dropped their asking rent in the past 7 days, an average cut of $192/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Box Board Lofts | Unit 46 | $1,625 | $1,320 | $305 |
| Box Board Lofts | Unit 22 | $1,710 | $1,490 | $220 |
| Box Board Lofts | Unit 4 | $1,310 | $1,260 | $50 |
Rent by Neighborhood in Grand Rapids, MI
Compare average rent across Grand Rapids, MI neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Northeast | $2,439 | ▼ $458 | $1,569 | 3 | 16 |
| Westside Connection | $1,765 | ▼ $1,297 | $1,195 | 2 | 9 |
| Grand Rapids 49525 | $1,754 | ▲ $14 | $1,571 | 1 | 3 |
| SECA | $1,661 | ▲ $114 | $1,260 | 3 | 19 |
| Grand Rapids 49534 | $1,611 | $0 | $1,395 | 1 | 9 |
Is Rent Going Up or Down in Grand Rapids, MI?
As of August 2026, the average rent in Grand Rapids, MI is $2,302 per month across 3 apartment communities and 13 available units.
The most affordable option is Bridge Street Lofts starting at $1,250/mo. By unit type, a studio averages $2,302/mo.
Prices range from $1,250 to $3,775 per month. The most common price point is the $1,200 range, where 6 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Grand Rapids, MI
Rent Prices by Apartment in Grand Rapids, MI
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Bridge Street Lofts | $1,250/mo | $1,279/mo | 3 | 3.8 |
| Box Board Lofts | $1,260/mo | $1,317/mo | 3 | 4.6 |
| Avanterra Forest Hills Preserve | $2,692/mo | $3,163/mo | 7 | 4.8 |
Frequently Asked Questions About Rent in Grand Rapids, MI
What is the average rent in Grand Rapids, MI?
Is rent going up or down in Grand Rapids, MI?
What is the cheapest apartment in Grand Rapids, MI?
How many apartments are available in Grand Rapids, MI?
What salary do I need to live comfortably in Grand Rapids, MI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$92,000/year
Based on the 30 percent rule, using our tracked average rent of $2,302/mo.
Comfortable income
$110,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,250/mo), you need to earn at least $50,000/year.
Median household income in Grand Rapids, MI is $65,526 , about 41% below the comfortable-living threshold.
Cost of living in Grand Rapids, MI
Overall prices in Grand Rapids, MI runs below the national average by about 5% (BEA Regional Price Parity index 95.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Grand Rapids, MI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,302 |
| Utilities | $382 |
| Groceries | $508 |
| Transportation | $910 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $5,256/mo |
Population
197,768
Median household income
$65,526
Census median rent
$1,191/mo
Rent as % of income
30.1%
Median age
32.1
Mean commute
19 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Grand Rapids, MI Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Grand Rapids, MI Apartments
Browse all 3 communities with daily-updated pricing and availability.