Rent in Grand Rapids, MI
Across Grand Rapids's 20 ZIP codes, a 2-bedroom typically rents for about $1,489 a month, with figures from $1,044–$1,630. The highest typical rent is in 49588 ($1,630) and the lowest in 49507 ($1,044). 12 ZIPs have ZIP-level figures from HUD or Census; the other 8 use the county Fair Market Rent. Owner-occupied homes in Kent County pay about 1.11% 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 | $1,306 | $788–$1,306 | 20 |
| 1 bed | $1,213 | $890–$1,365 | 20 |
| 2 beds | $1,489 | $1,044–$1,630 | 20 |
| 3 beds | $1,796 | $1,322–$2,113 | 20 |
| 4 beds | $2,417 | $1,795–$2,417 | 20 |
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 Rapids ZIP codes
2 beds- 49501$1,630
- 49503$1,432–$1,630
- 49504$1,210–$1,630
- 49505$1,237–$1,630
- 49506$1,235–$1,630
- 49507$1,044–$1,630
- 49508$1,235–$1,630
- 49510$1,630
- 49512$1,489–$1,630
- 49514$1,630
- 49515$1,630
- 49516$1,630
- 49518$1,630
- 49525$1,489–$1,630
- 49534$1,371–$1,630
- 49544$1,343–$1,630
- 49546$1,490–$1,630
- 49548$1,197–$1,630
- 49560$1,630
- 49588$1,630
Frequently asked questions
- What is the average rent for a 2-bedroom in Grand Rapids, MI?
- About $1,489 a month: the median of the typical rents in 20 ZIP codes, which range from $1,044–$1,630. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Grand Rapids, MI?
- About $1,213 a month: the median of the typical rents in 20 ZIP codes, which range from $890–$1,365. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Grand Rapids, MI?
- About $1,796 a month: the median of the typical rents in 20 ZIP codes, which range from $1,322–$2,113. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Grand Rapids, MI?
- About $1,306 a month: the median of the typical rents in 20 ZIP codes, which range from $788–$1,306. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Grand Rapids, MI?
- About $2,417 a month: the median of the typical rents in 20 ZIP codes, which range from $1,795–$2,417. Figures are gross rent (rent plus tenant-paid utilities).
- Which Grand Rapids ZIP code has the highest rent?
- For a 2-bedroom, 49588 has the highest typical rent at $1,630 a month, and 49507 the lowest at $1,044.
- What is the property tax rate in Grand Rapids, MI?
- Owner-occupied homes in Kent County pay a typical 1.11% 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 Rapids rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).