Rent by ZIP · Kent County
Rent in Grand Rapids, MI 49508
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,640 (+5.8% vs FY2026). Renters in this ZIP code pay a median $1,264 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,310 | $1,250 | +4.8% | $1,179–1,441 | $1,383 ±$1,005 |
| 1 bedroom | $1,370 | $1,290 | +6.2% | $1,233–1,507 | $1,041 ±$94 |
| 2 bedrooms | $1,640 | $1,550 | +5.8% | $1,476–1,804 | $1,235 ±$76 |
| 3 bedrooms | $2,130 | $2,000 | +6.5% | $1,917–2,343 | $1,808 ±$379 |
| 4 bedrooms | $2,430 | $2,220 | +9.5% | $2,187–2,673 | $2,008 ±$913 |
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 49508
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 |
|---|---|---|---|
| 49507 | Grand Rapids | $1,600 | $1,044 |
| 49509 | Wyoming | $1,380 | $1,148 |
| 49506 | Grand Rapids | $1,790 | $1,235 |
| 49505 | Grand Rapids | $1,730 | $1,237 |
| 49504 | Grand Rapids | $1,620 | $1,210 |
| 49512 | Grand Rapids | $1,630 | $1,489 |
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.