Grand Rapids-Kentwood Fair Market Rent 2026
HUD Fair Market Rent data for the Grand Rapids-Kentwood metropolitan area. Median household income: $58,686/year. Vacancy rate: 5.4%.
2BR FMR
$945/mo
Median Income
$58,686
Vacancy Rate
5.4%
Rent Burden
19.3%
Fair Market Rent by Bedroom Size
Affordability Analysis
Based on the 30% rule, a household earning the median income of $58,686/year can afford up to $1,467/mo in rent.
The 2BR FMR of $945/mo represents 19.3% of median income, which is within the 30% affordability threshold.
Rental Market Conditions
The vacancy rate of 5.4% in Grand Rapids-Kentwood indicates a moderate rental market. A balanced market with reasonable availability for renters.
Frequently Asked Questions
What is the average rent in Grand Rapids-Kentwood?
The 2026 HUD FMR for a 2-bedroom in the Grand Rapids-Kentwood metro area is $945/month. 1BR: $741, 3BR: $1,145.
What is the vacancy rate in Grand Rapids-Kentwood?
The rental vacancy rate in Grand Rapids-Kentwood is 5.4%. A rate below 5% typically indicates a tight rental market.
Is Grand Rapids-Kentwood affordable for renters?
With a median income of $58,686 and 2BR rent at $945/mo, rent takes about 19% of income in Grand Rapids-Kentwood.
Compare with Other Metro Areas
San Jose-Sunnyvale-Santa Clara
2BR: $2,412/mo
New York-Newark-Jersey City
2BR: $2,293/mo
San Francisco-Oakland-Berkeley
2BR: $2,200/mo
Honolulu
2BR: $1,937/mo
Los Angeles-Long Beach-Anaheim
2BR: $1,888/mo
San Diego-Chula Vista-Carlsbad
2BR: $1,856/mo
Oxnard-Thousand Oaks-Ventura
2BR: $1,761/mo
Santa Cruz-Watsonville
2BR: $1,760/mo
Renting in Grand Rapids-Kentwood?
Search apartment listings in the Grand Rapids-Kentwood area
Compare renters insurance quotes
Get moving company estimates
Explore rent-to-own programs
Find housing assistance programs