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
$619
2023
$999
Total change
+$380
% change
+61.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $619 | — |
| 2019 | $670 | +$51 (8.2%) |
| 2020 | $725 | +$55 (8.2%) |
| 2021 | $830 | +$105 (14.5%) |
| 2022 | $946 | +$116 (14%) |
| 2023 | $999 | +$53 (5.6%) |