Market Report
Grand Rapids Rental Market Report – March 2025
The latest rental market data for Grand Rapids and surrounding areas reveals some interesting trends. Let’s dive into the numbers and key takeaways from this month’s report. Note the data used in this analysis is from Zillow’s rental data. New Listings on the Market In January 2024, we saw nearly 600 new rental listings hit…
Read MoreMarch 2023 Grand Rapids Rental Market Update
Jon from Simple Home Property Management Group discusses the current status of the Grand Rapids, MI rental market going into Spring 2023. Occupancy Fell This Year Occupancy did fall this year as we see the market return to the normal seasonality of the winter months being slower. When there is snow on the ground and…
Read MoreJuly 2022 Grand Rapids Rental Market Update
July’s Grand Rapids rental market is holding strong The rental market in Grand Rapids is still strong, but you need to price your rental property accordingly. Residents are still looking for amenities like washer/dryer hookup, off street parking, and central air. The number of leads and showings remained high throughout July. Grand Rapids, MI Rental…
Read MoreMarch Grand Rapids Real Estate Rental Market Update – Spring 2022
How is the rental market in Grand Rapids going into Spring 2022? Days on market is going down A limited rental supply coupled with a high demand in the Grand Rapids area is not only causing rent rates to increase, but also reducing the days on market. “In the next three years, Kent and Ottawa…
Read More