Rental numbers for Kent County, MI
The typical home here runs -$1,234 a month at 7.78% with 25% down. 0 of 18 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.5%.
- Gross yield
- 5.5%
- typical home, Zillow
- Median ZIP yield
- 5.5%
- 18 ZIPs with full data
- Cash flow
- -$1,234/mo
- at 7.78%, 25% down
- Typical price
- $355,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,621/mo
- Zillow ZORI, Aug 2026
ZIP codes in Kent County
28 with published figures
| 49507Grand Rapids | $242,000 | $1,633 | 8.1% | 4.5% | -$385 | +8.3% |
| 49505Grand Rapids | $305,000 | $1,875 | 7.4% | 4.0% | -$640 | +6.1% |
| 49418Grandville | $382,000 | $2,032 | 6.4% | 3.0% | -$1,104 | -0.8% |
| 49503Grand Rapids | $288,000 | $1,514 | 6.3% | 3.1% | -$808 | +3.8% |
| 49548Grand Rapids | $255,000 | $1,323 | 6.2% | 2.5% | -$834 | n/a |
| 49509Wyoming | $264,000 | $1,320* | 6.0% | 2.5% | -$882 | n/a |
| 49508Kentwood | $340,000 | $1,690 | 6.0% | 2.8% | -$1,050 | +3.5% |
| 49519Wyoming | $297,000 | $1,428 | 5.8% | 2.4% | -$1,009 | +1.3% |
| 49504Grand Rapids | $289,000 | $1,358 | 5.6% | 2.5% | -$966 | +3.8% |
| 49534Walker | $384,000 | $1,798 | 5.6% | 2.6% | -$1,236 | +2.9% |
| 49330Kent City | $335,000 | $1,520* | 5.4% | 2.3% | -$1,162 | n/a |
| 49512Kentwood | $366,000 | $1,654 | 5.4% | 2.2% | -$1,311 | +6.1% |
| 49525Grand Rapids | $385,000 | $1,677 | 5.2% | 2.2% | -$1,362 | +2.1% |
| 49341Rockford | $459,000 | $1,975 | 5.2% | 2.1% | -$1,656 | n/a |
| 49544Walker | $347,000 | $1,492 | 5.2% | 2.1% | -$1,262 | n/a |
| 49315Byron Center | $461,000 | $1,942 | 5.1% | 2.1% | -$1,674 | n/a |
| 49316Gaines | $443,000 | $1,846 | 5.0% | 2.1% | -$1,624 | n/a |
| 49326Gowen | $313,000 | $1,300* | 5.0% | 1.7% | -$1,234 | n/a |
| 49343Sand Lake | $315,000 | $1,300* | 5.0% | 1.9% | -$1,183 | n/a |
| 49506East Grand Rapids | $433,000 | $1,781 | 4.9% | 1.9% | -$1,646 | +2.8% |
| 49319Cedar Springs | $348,000 | $1,390* | 4.8% | 1.7% | -$1,385 | n/a |
| 49345Sparta | $341,000 | $1,300* | 4.6% | 1.4% | -$1,438 | n/a |
| 49321Comstock Park | $351,000 | $1,237 | 4.2% | 1.2% | -$1,540 | n/a |
| 49546Kentwood | $512,000 | $1,806 | 4.2% | 1.3% | -$2,189 | +6.4% |
| 49331Lowell | $409,000 | $1,440* | 4.2% | 1.3% | -$1,758 | n/a |
| 49306Belmont | $497,000 | $1,740* | 4.2% | 1.2% | -$2,163 | n/a |
| 49301Ada | $666,000 | $2,300* | 4.1% | 1.3% | -$2,843 | n/a |
| 49302Caledonia | $507,000 | $1,470* | 3.5% | 0.8% | -$2,409 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.4%
- Rent, 12 months
- +3.6%
- Rent minus price growth
- -0.9 pts
- Property tax
- 1.11%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $276,186 | $1,275 |
| Aug 2022 | $308,676 | $1,395 |
| Aug 2023 | $313,381 | $1,454 |
| Aug 2024 | $330,357 | $1,519 |
| Aug 2025 | $340,348 | $1,565 |
| Aug 2026 | $355,414 | $1,621 |
HUD Fair Market Rent
FY2027, Grand Rapids-Wyoming, MI HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,306 | $1,365 | $1,630 | $2,113 | $2,417 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 9.3
- 2,400 units, last 12 months
- National percentile
- 69th
- among US counties
Tools
Test a listing in Kent County against today's rate.
Open the calculatorPart of the Grand Rapids, MI metro.
Questions
- Is Kent County good for rental property?
- The typical home here runs -$1,234 a month at 7.78% with 25% down. 0 of 18 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.5%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Kent County?
- About 1.11% of value, from Census ACS median taxes paid over median home value. On a $355,000 home that is about $3,945 a year.
- What is Fair Market Rent in Kent County?
- HUD's FY2027 Fair Market Rent here is $1,365 for a 1-bedroom, $1,630 for a 2-bedroom and $2,113 for a 3-bedroom. Typical cash flow at today's rate is -$1,234 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.