Grand Rapids-Kentwood vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 23% cheaper for renters. A 2-bedroom rents for $769/mo vs $945/mo in Grand Rapids-Kentwood — saving $2,112/year.
Rent by Unit Size
| Unit Size | Grand Rapids-Kentwood | Toledo | Difference |
|---|---|---|---|
| Studio | $583 | $521 | $62 |
| 1 Bedroom | $741 | $622 | $119 |
| 2 Bedrooms | $945 | $769 | $176 |
| 3 Bedrooms | $1,145 | $990 | $155 |
| 4 Bedrooms | $1,345 | $1,150 | $195 |
| Median Income | $58,686 | $44,170 | $14,516 |
Grand Rapids-Kentwood
- Studio
- $583/mo
- 1 BR
- $741/mo
- 2 BR
- $945/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,345/mo
- Median Income
- $58,686/yr
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Grand Rapids-Kentwood or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $945/mo in Grand Rapids-Kentwood. That's $176/mo or $2,112/year more expensive in Grand Rapids-Kentwood (23% higher).
What is the 2-bedroom rent in Grand Rapids-Kentwood vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Grand Rapids-Kentwood is $945/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Grand Rapids-Kentwood and Toledo?
The median household income in Grand Rapids-Kentwood is $58,686/year. In Toledo it is $44,170/year. Grand Rapids-Kentwood has the higher median income.
What is the studio rent in Grand Rapids-Kentwood vs Toledo?
A studio apartment Fair Market Rent in Grand Rapids-Kentwood is $583/mo. In Toledo it is $521/mo.