Zip codes with the most expensive rent in Grand Rapids

Written by:
March 11, 2021
realtor.com

Zip codes with the most expensive rent in Grand Rapids

In response to the coronavirus pandemic, the Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the most expensive rent in Grand Rapids using data from Zillow. Cities are ranked by the Zillow Observed Rent Index as of January 2021. Listings and images are from realtor.com. Keep reading to see whether your zip code made the list.

Zip codes with the most expensive rent in Grand Rapids

In response to the coronavirus pandemic, the Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the most expensive rent in Grand Rapids using data from Zillow. Cities are ranked by the Zillow Observed Rent Index as of January 2021. Listings and images are from realtor.com. Keep reading to see whether your zip code made the list.

#4. 49504 (Grand Rapids)

- Typical rent: $1,237
--- 4.6% less than typical rent in metro
- 1 year rent change: +5.9%
--- #1 fastest growing rent among zip codes in metro
- 10 year rent change: +38.2%

- Pictured (for rent): 104-106 Valley Ave SW, Grand Rapids 49504 ($2,800, 6 bedrooms)

#3. 49508 (Grand Rapids)

- Typical rent: $1,285
--- 0.8% less than typical rent in metro
- 1 year rent change: +5.5%
--- #3 fastest growing rent among zip codes in metro
- 10 year rent change: +30.7%

- Pictured (for rent): 6118 Campus Park Ave SE, Kentwood 49508 ($1,325, 3 bedrooms)

#2. 49505 (Grand Rapids)

- Typical rent: $1,335
--- 3.0% above typical rent in metro
- 1 year rent change: +4.6%
--- #4 fastest growing rent among zip codes in metro
- 10 year rent change: +27.8%

- Pictured (for rent): 1769 Knapp St Unit NE4, Grand Rapids 49505 ($1,800, 4 bedrooms)

#1. 49506 (Grand Rapids)

- Typical rent: $1,450
--- 11.9% above typical rent in metro
- 1 year rent change: +5.8%
--- #2 fastest growing rent among zip codes in metro
- 10 year rent change: +26.6%

- Pictured (for rent): 2143 Lansing St SE, East Grand Rapids 49506 ($3,000, 3 bedrooms)

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