Average Rent in Grand Rapids, MI

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Current Versus Historical Grand Rapids, MI Rents

Grand Rapids rentals average $1,509 for a studio rental to $2,145 for a 4-bedroom rental. The median price of all currently available listings is $1,295, or roughly $16 per square feet.
For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $901 (71.33%) year-over-year from $1,263 to $2,164. 1-bedroom rentals prices have increased by $45 (3.79%) year-over-year from $1,175 to $1,220. 2-bedroom rentals prices have increased by $22 (1.79%) year-over-year from $1,213 to $1,235. 3-bedroom rentals prices have increased by $193 (12.05%) year-over-year from $1,604 to $1,798. 4-bedroom rentals prices have increased by $333 (16.12%) year-over-year from $2,064 to $2,397. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 16.43% this month. 1-bedroom rents have gone up by 10.55% this month. 2-bedroom rents have gone down by 6.20% this month. 3-bedroom rents have gone up by 0.65% this month. 4-bedroom rents have gone up by 8.72% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $16.14 $2,164 $1,263 (71.33%) $998 (116.78%)
1 BR $24.75 $1,220 $1,175 (3.79%) $1,053 (15.85%)
2 BR $16.24 $1,235 $1,213 (1.79%) $1,246 (-0.87%)
3 BR $13.92 $1,798 $1,604 (12.05%) $1,680 (6.99%)
4+ BR $15.30 $2,397 $2,064 (16.12%) $1,963 (22.14%)

Historical Rents in Grand Rapids, MI

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Grand Rapids



City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Grand Rapids



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Grand Rapids

There are a total of 1 counties located by Grand Rapids, MI. One county in the area is Grand Rapids, MI. The average rent for rentals in these counties is $1,295. That's roughly around $16 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Grand Rapids, MI. Its average rent per month is $1,295. Vice versa, with an average rent of $1,295, Grand Rapids, MI is the most expensive county by Grand Rapids, MI.

Typically, rent for studios in Grand Rapids, MI is on par with the other counties nearby. In comparison, rent for one bedroom listings in Grand Rapids, MI is on par with the other counties nearby. Finally, rent for two bedrooms in Grand Rapids, MI is on par with the other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Grand Rapids, MI $1,509 $1,200 $1,245 $1,295

Top Zipcodes Near Grand Rapids



Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Grand Rapids Average Rents

What is the average rent price in Grand Rapids, MI?
The average monthly rental price for Grand Rapids, MI apartments for rent is approximately $1,295. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Grand Rapids, MI rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Grand Rapids, MI.
How much is a studio apartment in Grand Rapids, MI?
The average monthly rental price for studio apartments is $1,509 and an average price per square feet of $16.14. There are a total of 4 studio apartment listings currently available for rent in Grand Rapids.
How much is a one bedroom apartment in Grand Rapids, MI?
The average monthly rental price for one bedroom apartments is $1,200 and an average price per square feet of $24.75. There are a total of 9 one bedroom apartment listings currently available for rent in Grand Rapids.
How much is a two bedroom apartment in Grand Rapids, MI?
The average monthly rental price for two bedroom apartments is $1,245 and an average price per square feet of $16.24. There are a total of 37 two bedroom apartment listings currently available for rent in Grand Rapids.
How have rent prices in Grand Rapids, MI changed this year?
Rent prices for rentals in Grand Rapids, MI can fluctuate yearly. Specifically, studio rental prices have changed by 0.71%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.02%, three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Grand Rapids, MI?
A reasonable rent price in Grand Rapids, MI is around $1,036/month. You can search for these reasonably priced rental listings on RentHop.