Rent by ZIP · Kent County
Rent in Grand Rapids, MI 49503
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,760 (+9.3% vs FY2026). Renters in this ZIP code pay a median $1,301 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,410 | $1,300 | +8.5% | $1,269–1,551 | $1,004 ±$222 |
| 1 bedroom | $1,470 | $1,340 | +9.7% | $1,323–1,617 | $1,156 ±$88 |
| 2 bedrooms | $1,760 | $1,610 | +9.3% | $1,584–1,936 | $1,432 ±$67 |
| 3 bedrooms | $2,280 | $2,080 | +9.6% | $2,052–2,508 | $1,477 ±$154 |
| 4 bedrooms | $2,610 | $2,300 | +13.5% | $2,349–2,871 | $1,796 ±$222 |
Small Area FMRs for the Grand Rapids-Wyoming, MI HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Grand Rapids-Wyoming, MI HUD Metro FMR Area, 2 bedrooms: $1,630.
What renters pay in 49503
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 49504 | Grand Rapids | $1,620 | $1,210 |
| 49505 | Grand Rapids | $1,730 | $1,237 |
| 49506 | Grand Rapids | $1,790 | $1,235 |
| 49507 | Grand Rapids | $1,600 | $1,044 |
| 49508 | Grand Rapids | $1,640 | $1,235 |
| 49509 | Wyoming | $1,380 | $1,148 |
Fair Market Rents across Kent County, MI · All MI counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.