Apartments in 49507

1 - 24 of 24 Results
2
Call for Pricing
10 Delaware SW Grand Rapids, MI
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
14
$1,995
851 Oakdale St Grand Rapids, MI
4 BR | Available Now
Contact
House
Storage
Disability Access
31
$2,000
Grand Rapids, MI
4 BR | Aug. 1, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
15
$1,250
Grand Rapids, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
17
$1,175
Grand Rapids, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
3
$925 - 1,695
Grand Rapids, MI
Studio - 3 BR | Available Now
Contact
Surface Parking
Storage
East Hills
10
$800
821 Burton St SE Grand Rapids, MI
Studio | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
15
$1,395
Grand Rapids, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$1,200
832 Burton St SE Grand Rapids, MI
2 BR | Ask for Availability
Contact
House
In Unit Laundry
Balcony/Deck/Patio
1
$1,150
Grand Rapids, MI
2 BR | Jun. 3, 2024
Contact
Balcony/Deck/Patio
1
$1,295
Grand Rapids, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,795
Grand Rapids, MI
3 BR | Jun. 3, 2024
Contact
House
Balcony/Deck/Patio
Dishwasher
32
$1,995
1766 Silver Ave Grand Rapids, MI
3 BR | Jun. 21, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
16
$1,700
2551 Eastern Ave SE Grand Rapids, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Alger Heights
18
$1,795
Grand Rapids, MI
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
12
$950
1054 Ionia Ave SW Grand Rapids, MI
2 BR | Available Now
Contact
Storage
20
$1,200
Grand Rapids, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Short-term
Air Conditioning
6
$850
Grand Rapids, MI
Studio | Jun. 14, 2024
Contact
Heat Included
Cat Friendly
Storage
14
$1,595
Grand Rapids, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
House
Air Conditioning
$950
834 Eastern Ave SE Grand Rapids, MI
1 BR | Available Now
Contact
Baxter
$950
Grand Rapids, MI
2 BR | Available Now
Contact
Cat Friendly
Surface Parking
Storage
Alger Heights
1
$700
2032 Division Ave S Grand Rapids, MI
1 BR | Ask for Availability
Contact
Garfield Park
$950
Grand Rapids, MI
2 BR | Available Now
Contact
Cat Friendly
Surface Parking
Storage
Alger Heights
$1,500
1115 Prospect Ave SE Grand Rapids, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1 - 24 of 24 Results
  1. Home
  2. Grand Rapids
  3. 49507

How much does it cost to rent an apartment in 49507?

49507 apartments
Bed Type Average Rent Range
Studio $850 $800 - $930
1BR $950 $700 - $1,180
2BR $1,250 $950 - $1,500
3BR $1,650 $1,200 - $2,000
4+BR $2,000 $1,800 - $2,000
Find an Apartment in 49507
Looking for an apartment in the 49507 zip code of Grand Rapids, MI? Rentable has a variety of options for you! Currently, there are 28 apartments for rent in 49507, with prices starting as low as $700 for a 1-bedroom unit.

The average rent in 49507 is $1,350, making it an affordable area to live in. The top neighborhood in this zip code is Baxter, which offers a great sense of community and convenient access to nearby amenities.

If you enjoy spending time outdoors, you'll be pleased to know that there are several parks and green spaces near 49507. Take a stroll or have a picnic at Baxter Community Park or explore the beautiful trails at Garfield Park. Additionally, you'll find plenty of local shops, restaurants, and entertainment options within close proximity to the area.

Whether you're a student, young professional, or starting a family, Rentable's apartments near 49507 in Grand Rapids, MI have something to offer everyone. Explore our listings today to find the perfect rental that suits your needs and preferences.

Grand Rapids:
May Rent Report

Welcome to the May 2024 Grand Rapids Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Grand Rapids rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Grand Rapids and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Grand Rapids average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Grand Rapids Rent Prices Decrease From April to May

Grand Rapids rent prices decreased over the last month. From April to May, the city experienced a -0.15% decrease for the price of a one-bedroom apartment. The rent price for a Grand Rapids one-bedroom apartments currently stands at $1,363.0.

When we take a look at the two-bedroom comparison from April to May, Grand Rapids experienced a 1.55% increase for the price of a two-bedroom apartment. The rent price for a Grand Rapids two-bedroom apartments currently stands at $1,574.0.

May Prices: Grand Rapids vs. Surrounding Areas

Ada, MI
Grand Rapids, MI
Wyoming, MI
Holland, MI
Walker, MI
Kentwood, MI
Caledonia, MI
$1,783
$1,365
$1,332
$1,294
$1,214
$1,164
$1,000
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Grand Rapids and Surrounding Areas

Rent prices have decreased in Grand Rapids over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Grand Rapids suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Kentwood, MI, Holland, MI, Ada, MI, Wyoming, MI .

  • Rent decreased in Walker, MI, Caledonia, MI.

  • 1 suburb is currently priced higher than the city of Grand Rapids.

  • 5 suburbs are currently priced lower than the city of Grand Rapids.

May 2024 Pricing Trends: Grand Rapids vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Grand Rapids, MI
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,365
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Grand Rapids Rent Prices More Affordable Than Major Cities

Rent growth in Grand Rapids over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Grand Rapids average rent prices appear to be relatively affordable for local residents.

The price for a Grand Rapids one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Grand Rapids and surrounding area rent prices, take a look at the complete data set below.

Data set for Grand Rapids and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Grand Rapids, MI $1,365.0 -0.51% $1,550.0 0.07%
Kentwood, MI $1,164.0 8.28% $2,064.0 11.15%
Holland, MI $1,294.0 0.23% $1,390.0 0.43%
Ada, MI $1,783.0 0.17% $2,435.0 0.17%
Wyoming, MI $1,332.0 0.30% $1,378.0 -1.08%
Walker, MI $1,214.0 0.00% $1,219.0 0.00%
Caledonia, MI $1,000.0 -1.87% $2,186.0 2.39%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.