Grand Rapids city: Median Gross Rent Trend
How Grand Rapids city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$854
2023
$1,191
Total change
+$337
% change
+39.5%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $854 | — |
| 2019 | $925 | +$71 (8.3%) |
| 2020 | $947 | +$22 (2.4%) |
| 2021 | $1,013 | +$66 (7%) |
| 2022 | $1,138 | +$125 (12.3%) |
| 2023 | $1,191 | +$53 (4.7%) |