Surrounding Metropolitan Area
Grand Rapids, Michigan is a part of the Grand Rapids-Kentwood, MI metropolitan area, and contains 26 zip codes, including: 49501, 49505, 49546, 49508, 49518, and 49516.
Grand Rapids Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Grand Rapids, MI metropolitan area was $911, which is 26.53% lower than 2014 average rent. This represents a compounded annual growth rate of 4.82%. 2019 vacancy in Grand Rapids, MI was 4.70%.
The total population of the city of Grand Rapids, MI has grown 6.48% since 2010. As of 2018, the population was 200,217. The median household income of the Grand Rapids was $47,173, which is 21.76% lower than the national average.
Metropolitan Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Code
Grand Rapids-Kentwood, MI
$911
26.53%
4.70%
$47,173
200,217
6.48%
21.76%
49501 49502 49503 49504 49505 49506 49507 49508 49510 49512 49514 49515 49516 49518 49523 49525 49528 49530 49534 49544 49546 49548 49555 49560 49588 49599
Metropolitan Area Grand Rapids-Kentwood, MI
Avg Rent $911
Rent Growth 26.53%
Vacancy 4.70%
Median Income $47,173
Population (2018) 200,217
Population Growth 6.48%
Vs. Nat’l Avg 21.76%
Zip Code 49501 49502 49503 49504 49505 49506 49507 49508 49510 49512 49514 49515 49516 49518 49523 49525 49528 49530 49534 49544 49546 49548 49555 49560 49588 49599