Rent in Grand Ledge, MI
A 2-bedroom in Grand Ledge, MI (ZIP 48837) typically rents for about $1,186 a month, with a range of $1,186–$1,323. Owner-occupied homes in Eaton County pay about 1.41% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,036 | $1,036 | 1 |
| 1 bed | $790 | $790–$1,054 | 1 |
| 2 beds | $1,186 | $1,186–$1,323 | 1 |
| 3 beds | $1,387 | $1,387–$1,685 | 1 |
| 4 beds | $1,406 | $1,406–$1,739 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Grand Ledge ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Grand Ledge, MI?
- About $1,186 a month: the median of the typical rents in 1 ZIP code, which range from $1,186–$1,323. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Grand Ledge, MI?
- About $790 a month: the median of the typical rents in 1 ZIP code, which range from $790–$1,054. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Grand Ledge, MI?
- About $1,387 a month: the median of the typical rents in 1 ZIP code, which range from $1,387–$1,685. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Grand Ledge, MI?
- About $1,036 a month: the median of the typical rents in 1 ZIP code, which range from $1,036. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Grand Ledge, MI?
- About $1,406 a month: the median of the typical rents in 1 ZIP code, which range from $1,406–$1,739. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Grand Ledge, MI?
- Owner-occupied homes in Eaton County pay a typical 1.41% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Grand Ledge rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).