Grand Rapids-Wyoming-Kentwood, MI Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Grand Rapids-Wyoming-Kentwood, MI
The median asking rent in Grand Rapids-Wyoming-Kentwood, MI is $2,195 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $296,796, that rent level prices Grand Rapids-Wyoming-Kentwood, MI at a 8.59% gross rental yield — compared with 10.76% across Michigan.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Nearby metro yield comparison
Compare this metro with other Michigan markets and jump directly into Rental Insights or a public metro report when a yield page is available.
Grand Rapids-Wyoming-Kentwood, MI rent and yield FAQ
Quick answers based on the latest Grand Rapids-Wyoming-Kentwood, MI rental listing and transaction data.
What is the average rent in Grand Rapids-Wyoming-Kentwood, MI?
As of July 2026, the median asking rent in Grand Rapids-Wyoming-Kentwood, MI is $2,195. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Grand Rapids-Wyoming-Kentwood, MI?
Grand Rapids-Wyoming-Kentwood, MI currently prices at a 8.59% gross rental yield, versus 10.76% across Michigan. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Grand Rapids-Wyoming-Kentwood, MI market context to property-level screening
Open Rental Insights with Grand Rapids-Wyoming-Kentwood, MI selected, then pair the yield signal with investor activity and rental data workflows.