Markets › Grand Rapids
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Grand Rapids MI Apartment Market Read
Covers Grand Rapids, Wyoming and Kentwood.
Current market read
Landlord’s market
ConditionTight
The yearly data reads a landlord's market, and the monthly figures, asking rents and jobs are heating up further.
From public data. The situation now, not a forecast.
Renter Google searchabout 2,400 searches in August 2026 · HousesSee read → What renters Google mostHousesSee all →
Renter Google Search InterestGoogle · monthly
About 2,400 searches in August 2026, for Grand Rapids on its own
November is usually one of the quietest months for renter searches here.
Attention, not a verdict. Google searches for apartments to rent.
METROSGNL PRO
We watch Grand Rapids for you.
The day asking rent growth (now +4.3%) or job growth (now +0.1%) moves half a point, you get an email. Plus two years of history and the report.
Track Grand Rapids, $39/monthCancel anytime. Every market read stays free.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Asking rents are climbing (September 2026).
Job growthBLS · SEPTEMBER 2026, PRELIMINARY
+0.1%
▲ Hiring, past 12 months
Job growth · 12 months
Oct 2025 to Sep 2026, with Pro
VacancyCENSUS · 2024
Share of rentals sitting empty. A yearly count, last taken 2024, not what sets the condition.
Asking rentZILLOW · MONTHLY
$1,474 a month
September 2026, ▲ up 4.3% on September 2025
Data Provided by Zillow Group
Asking rent · 24 months
Oct 2024 to Sep 2026, with Pro
Census 2024: +6.8% · US avg +4.6%
Median rentCENSUS · 2024
$1,289/mo
Typical rent. A yearly count, last taken 2024
Median rent · 8 yearly counts
2017 to 2025, no 2020, with Pro
In the news · Grand RapidsNEWS · DAILY
Latest local coverage, 6 days ago. softer neutral firmer
Degage plans more housing in Grand Rapids for chronically homeless$50M project would add 231 housing units to Grand Rapids' west side231 new housing units planned for Grand Rapids' west side, $55 million projectView all 4 Grand Rapids news →Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs+0.1%
Migration 2025+0.7/1k
SUPPLY
Permits 2025+16%
Vacancy 20244.1%
Rent vs buyWEEKLY RATE · 2024 RENT
+$1,150/mo
Cheaper to rent than buying
rent $1,289 · own $2,439
$1,289RENT
$2,439OWN
Domestic migrationCENSUS · 2025
+0.7/1k
▲ More people moved in from elsewhere in the US than left. A yearly count, last taken 2025.
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.