Rental numbers for the Grand Rapids, MI metro
The typical home here runs -$1,223 a month at 7.78% with 25% down. 0 of 24 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.7%.
- Gross yield
- 5.5%
- typical home, Zillow
- Median ZIP yield
- 5.7%
- 24 ZIPs with full data
- Cash flow
- -$1,223/mo
- at 7.78%, 25% down
- Typical price
- $357,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,631/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
67 with published figures
| 48886Six Lakes | $191,000 | $1,380* | 8.7% | 4.9% | -$251 | n/a |
| 49507Grand Rapids | $242,000 | $1,633 | 8.1% | 4.5% | -$385 | +8.3% |
| 49322Coral | $243,000 | $1,620* | 8.0% | 4.3% | -$432 | n/a |
| 49505Grand Rapids | $305,000 | $1,875 | 7.4% | 4.0% | -$640 | +6.1% |
| 48818Crystal | $206,000 | $1,160* | 6.8% | 3.4% | -$531 | n/a |
| 49347Trufant | $236,000 | $1,330* | 6.8% | 3.3% | -$627 | n/a |
| 48891Vestaburg | $207,000 | $1,160* | 6.7% | 3.2% | -$561 | n/a |
| 49464Zeeland | $393,000 | $2,179 | 6.7% | 3.5% | -$984 | n/a |
| 48884Sheridan | $222,000 | $1,230* | 6.7% | 3.3% | -$593 | n/a |
| 48888Stanton | $226,000 | $1,240* | 6.6% | 3.1% | -$637 | n/a |
| 49428Jenison | $367,000 | $1,998 | 6.5% | 3.5% | -$920 | n/a |
| 48834Fenwick | $239,000 | $1,300* | 6.5% | 3.2% | -$649 | n/a |
| 48829Edmore | $196,000 | $1,060* | 6.5% | 2.8% | -$592 | n/a |
| 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% |
| 48885Sidney | $235,000 | $1,230* | 6.3% | 2.9% | -$699 | n/a |
| 48845Hubbardston | $203,000 | $1,060* | 6.3% | 2.8% | -$614 | n/a |
| 49548Grand Rapids | $255,000 | $1,323 | 6.2% | 2.5% | -$834 | n/a |
| 48811Carson City | $205,000 | $1,050* | 6.2% | 2.8% | -$632 | n/a |
| 48851Lyons | $254,000 | $1,290* | 6.1% | 2.6% | -$812 | n/a |
| 48846Ionia | $230,000 | $1,160* | 6.1% | 2.6% | -$734 | 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% |
| 48875Portland | $294,000 | $1,450* | 5.9% | 2.6% | -$947 | n/a |
| 49424Holland | $392,000 | $1,909 | 5.9% | 2.7% | -$1,216 | +2.7% |
| 49456Ferrysburg | $420,000 | $2,033 | 5.8% | 2.7% | -$1,331 | n/a |
| 49519Wyoming | $297,000 | $1,428 | 5.8% | 2.4% | -$1,009 | +1.3% |
| 49426Hudsonville | $427,000 | $2,031 | 5.7% | 2.7% | -$1,341 | n/a |
| 48838Greenville | $275,000 | $1,300* | 5.7% | 2.4% | -$938 | n/a |
| 48809Belding | $275,000 | $1,300* | 5.7% | 2.4% | -$937 | n/a |
| 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% |
| 49329Howard City | $280,000 | $1,270* | 5.5% | 2.4% | -$944 | n/a |
| 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% |
| 48860Muir | $242,000 | $1,060* | 5.3% | 1.8% | -$939 | n/a |
| 48865Orleans | $258,000 | $1,120* | 5.2% | 1.9% | -$972 | n/a |
| 49525Grand Rapids | $385,000 | $1,677 | 5.2% | 2.2% | -$1,362 | +2.1% |
| 48849Lake Odessa | $267,000 | $1,150* | 5.2% | 1.8% | -$1,033 | n/a |
| 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 |
| 48815Clarksville | $307,000 | $1,300* | 5.1% | 1.9% | -$1,157 | n/a |
| 49315Byron Center | $461,000 | $1,942 | 5.1% | 2.1% | -$1,674 | n/a |
| 49417Grand Haven | $402,000 | $1,683 | 5.0% | 2.0% | -$1,488 | +6.3% |
| 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% |
| 49325Freeport | $317,000 | $1,300* | 4.9% | 2.0% | -$1,188 | n/a |
| 49401Allendale | $415,000 | $1,680* | 4.9% | 1.9% | -$1,590 | n/a |
| 49339Pierson | $297,000 | $1,190* | 4.8% | 2.1% | -$1,088 | n/a |
| 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 |
| 48873Pewamo | $280,000 | $1,060* | 4.5% | 1.5% | -$1,154 | n/a |
| 49404Coopersville | $355,000 | $1,330* | 4.5% | 1.5% | -$1,483 | n/a |
| 49403Conklin | $379,000 | $1,340* | 4.2% | 1.3% | -$1,633 | 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 |
| 48881Saranac | $303,000 | $1,060* | 4.2% | 1.1% | -$1,366 | 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 |
| 49460West Olive | $503,000 | $1,660* | 4.0% | 1.2% | -$2,208 | n/a |
| 49448Nunica | $382,000 | $1,230* | 3.9% | 1.0% | -$1,745 | n/a |
| 49435Marne | $421,000 | $1,300* | 3.7% | 0.9% | -$1,954 | n/a |
| 49302Caledonia | $507,000 | $1,470* | 3.5% | 0.8% | -$2,409 | n/a |
| 49434Macatawa | $1,246,000 | $1,490* | 1.4% | -0.9% | -$7,622 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.9%
- Rent, 12 months
- +3.6%
- Rent minus price growth
- -1.3 pts
- Property tax
- 1.05%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $275,999 | $1,278 |
| Aug 2022 | $309,477 | $1,396 |
| Aug 2023 | $314,588 | $1,457 |
| Aug 2024 | $329,358 | $1,523 |
| Aug 2025 | $340,619 | $1,574 |
| Aug 2026 | $357,283 | $1,631 |
Counties
- Ionia County, MIn/a median yield
- Montcalm County, MIn/a median yield
- Kent County, MI5.5% median yield
- Barry County, MIn/a median yield
- Ottawa County, MI5.8% median yield
Tools
Questions
- Is the Grand Rapids, MI metro good for rental property?
- The typical home here runs -$1,223 a month at 7.78% with 25% down. 0 of 24 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.7%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Grand Rapids, MI metro have the highest rental yield?
- 49507 (Grand Rapids) at 8.1%, 49505 (Grand Rapids) at 7.4%, 49464 (Zeeland) at 6.7%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.