Market Summary

Grand Rapids, Kent County, MI

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Median Home Price Price

$283,741 $283.7K

Median Monthly Rent Rent

$1,583 $1.6K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Kent County

Region Price Rent GRM Display
Wyoming
$268,939 $1,390 16.0x
Kentwood
$309,054 $1,207 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Kent County

Region Price Rent GRM Display
Byron, Shiawassee County, MI
$272,648 $1,745 13.0x
Farmington Hills, Oakland County, MI
$369,044 $1,415 22.0x
Comstock, Kalamazoo County, MI
$240,447 $1,411 14.0x
Woodhaven, Wayne County, MI
$251,807 $1,425 15.0x
Clawson, Oakland County, MI
$268,964 $1,538 15.0x
Kalamazoo, Kalamazoo County, MI
$223,873 $1,342 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
Justice, Cook County, IL
$277,410 $1,561 15.0x
Ward, Lonoke County, AR
$198,931 $1,191 14.0x
Williamson, Pike County, GA
$390,542 $1,071 30.0x
Shenandoah, Montgomery County, TX
$418,189 $1,657 21.0x
Silverton, Hamilton County, OH
$241,362 $1,312 15.0x
Valley Park, Saint Louis County, MO
$281,847 $1,698 14.0x
Winterville, Oglethorpe County, GA
$319,697 $1,319 20.0x
Glorieta, Santa Fe County, NM
$332,266 $1,604 17.0x
New Albany, Floyd County, IN
$224,398 $1,280 15.0x
Sharonville, Hamilton County, OH
$270,510 $1,267 18.0x
Flourtown, Montgomery County, PA
$563,280 $1,689 28.0x
Edinburgh, Shelby County, IN
$212,350 $1,057 17.0x
Delmar, Wicomico County, MD
$288,055 $1,889 13.0x
Greenfield Center, Saratoga County, NY
$419,507 $1,647 21.0x
Bridgetown, Hamilton County, OH
$215,306 $1,291 14.0x
Wrentham, Norfolk County, MA
$728,637 $1,491 41.0x
Maryland Heights, Saint Louis County, MO
$244,671 $1,532 13.0x
Fruitland, Wicomico County, MD
$245,518 $1,919 11.0x
Walland, Blount County, TN
$387,546 $1,680 19.0x
Kansas City, Wyandotte County, KS
$189,329 $1,300 12.0x
Athens, Clarke County, GA
$325,050 $1,506 18.0x
Hampden, Penobscot County, ME
$333,262 $1,525 18.0x
Elgin, Kane County, IL
$315,099 $2,104 12.0x
Calhoun, Gordon County, GA
$264,567 $1,145 19.0x
Cincinnati, Hamilton County, OH
$238,393 $1,276 16.0x
Middletown, Butler County, OH
$243,478 $1,255 16.0x
West Lafayette, Tippecanoe County, IN
$352,879 $1,513 19.0x
Cheviot, Hamilton County, OH
$176,176 $1,308 11.0x
Salisbury, Wicomico County, MD
$258,308 $1,563 14.0x
Chicopee, Hampden County, MA
$301,610 $1,509 17.0x
Council Bluffs, Pottawattamie County, IA
$214,499 $1,307 14.0x
Bethlehem, Northampton County, PA
$338,226 $1,665 17.0x
Davenport, Scott County, IA
$178,895 $1,223 12.0x
Tinley Park, Cook County, IL
$309,201 $1,729 15.0x
Berea, Cuyahoga County, OH
$223,722 $1,336 14.0x
East Longmeadow, Hampden County, MA
$400,218 $1,644 20.0x
North Kansas City, Clay County, MO
$236,748 $1,167 17.0x
Warner Robins, Houston County, GA
$202,462 $1,586 11.0x
Palatine, Cook County, IL
$354,293 $2,042 14.0x
Reading, Hamilton County, OH
$221,883 $1,293 14.0x
Dalzell, Sumter County, SC
$212,206 $1,513 12.0x
Ripon, Fond du Lac County, WI
$211,362 $1,009 17.0x
Emerson, Bartow County, GA
$283,037 $1,698 14.0x
Cedar Hill, Jefferson County, MO
$260,029 $1,476 15.0x
Linden, Cumberland County, NC
$306,061 $985 26.0x
Webster, Worcester County, MA
$422,371 $1,536 23.0x
Parkton, Robeson County, NC
$255,731 $1,354 16.0x
Henrico, Henrico County, VA
$391,987 $1,744 19.0x
Newport News, Newport News City, VA
$281,735 $1,678 14.0x

Home prices

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Monthly rent

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GRM

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Grand Rapids

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Trend Insights

Median Rent in Grand Rapids, MI is $1,583, with MoM change +$14 and YoY change +$99 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Grand Rapids, MI.

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Metric
Base market Grand Rapids, MI
Compare market Select a market
Delta vs base
Median rent
$1,583
N/A
—
Median price
$283,741
N/A
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YoY change
+$99
N/A
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Price-to-rent
14.9x
Data unavailable
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