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City · 11,445 residents · Kent County, Michigan

East Grand Rapids , Michigan

In East Grand Rapids, a typical home is worth $521,300 and typical rent is $1,862 a month. Compared with all of Kent County, typical household income is 102% higher, the typical home value is 80% higher, and the share of households that own their home is 24 points higher.

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  • Typical home value

    $521,300

    80% above the county

    125% above Michigan

    • East Grand Rapids
    • Kent
    • Michigan

  • Typical rent

    $1,862a month

    50% above the county

    65% above Michigan

    • East Grand Rapids
    • Kent
    • Michigan

  • Typical household income

    $166,610a year

    102% above the county

    129% above Michigan

    • East Grand Rapids
    • Kent
    • Michigan

  • Households that own their home

    94%

    24 points above the county

    21 points above Michigan

    • East Grand Rapids
    • Kent
    • Michigan

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$674,065
8% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

East Grand Rapids is in Kent County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Kent County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets East Grand Rapids apart

What this place has that others do not, from public data, most unusual first.

  1. East Grand Rapids has the 2nd highest typical home value of the 179 cities in Michigan with more than 5,000 people ($521,300).

  2. The typical household income in East Grand Rapids is $166,610, 102% more than in Kent County as a whole ($82,631).

  3. Nearby, in Wyoming, the typical home value is $225,200: 57% less than in East Grand Rapids ($521,300).

  4. 94% of households in East Grand Rapids own their home, against 70% in Kent County.

  5. The typical rent in East Grand Rapids is $1,862 a month, 50% more than in Kent County as a whole ($1,243).

  6. Nearby, in Wyoming, the typical rent is $1,196: 36% less than in East Grand Rapids ($1,862).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in East Grand Rapids

What homes there are in East Grand Rapids, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 97% of homes here, against 65% in Kent County.

Year built

The typical home in East Grand Rapids was built in 1954, 23 years before the typical one in Kent County.

In East Grand Rapids, 88% of homes have 3 bedrooms or more, more than in Kent County (64%).

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,720 a month

Kent County: $1,603 a month

Without a mortgage

$937 a month

Kent County: $618 a month

Owners with a mortgage

70%

Kent County: 63%

In East Grand Rapids, 70% of owners have a mortgage, and their typical cost is $2,720 a month, against $1,603 in Kent County. Without one it drops to $937.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in East Grand Rapids gained value more slowly than in Kent County: 39% since 2015–2019, against 67%.

Since 2015–2019, the typical rent in East Grand Rapids did not change clearly, according to the Census.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureEast Grand RapidsKent CountyMichiganUnited States
Rental vacancy Unreliable estimate4.3%5.1%5.5%
Homeowner vacancy Unreliable estimate0.3%0.8%0.9%
More than one person per room Unreliable estimate1.9%1.6%3.4%
People per household 3.012.542.422.53
Drive alone 64%73%74%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate2%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 26%14%14%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

Households in East Grand Rapids are bigger: 3.01 people on average; in Kent County, 2.54.

Many people here do not commute at all: 26% work from home; in Kent County, 14%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in East Grand Rapids?

A typical home is tight for the typical income

We start with a typical home in East Grand Rapids, worth $521,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in East Grand Rapids, which is $166,610 a year. For that payment to be 28% of income, a household would need to earn about $194,421 a year.

The calculator's FHA and conventional loan limits are those of all of Kent County.

Your numbers

Local data
$

Starts at the typical home value in East Grand Rapids. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $18,246 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,537

at 7.18% · 30 years

Loan amount
$511,857
Total interest
$736,443
Paid off in
November 2056

Includes $8,803 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,888 a month

  • Tight

    $3,888 to $4,998 a month

    Your payment · 33%

  • Hard

    more than $4,998 a month

Compared with the typical household income in East Grand Rapids ($166,610 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,537
Principal & interest$3,468
Property tax$621
Home insurance$217
FHA mortgage insurance (MIP)$231

You need at least $18,246 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

East Grand Rapids and Kent County

East Grand Rapids is in Kent County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

East Grand Rapids's own numbers

Typical home value
$521,300
Typical monthly rent
$1,862
Typical yearly household income
$166,610
Households that own their home
94%
Effective property tax rate
1.43%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Kent County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,630
Price change over 5 years (FHFA)
+60%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Kent County.

Everything about Kent County

Buying

Buying a home in East Grand Rapids

A typical home in East Grand Rapids is worth $521,300: 80% above the county and 125% above Michigan. With the typical household income in East Grand Rapids ($166,610 a year), a typical home costs 3.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • East Grand Rapids 3.1 years
  • Kent 3.5 years
  • Michigan 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Kent County

According to FHFA’s house price index, home prices in Kent County rose 130% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Kent County.

Period County Michigan U.S.
Last year (2025) +4.5% +4.7% +2.9%
5 years (2020–2025) +60% +52% +47%
10 years (2015–2025) +130% +97% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

East Grand Rapids next to Kent County, Michigan and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • East Grand Rapids $521,300
  • Kent $289,900
  • Michigan $231,600
  • United States $332,700
Typical monthly rent
  • East Grand Rapids $1,862
  • Kent $1,243
  • Michigan $1,129
  • United States $1,413
Typical yearly household income
  • East Grand Rapids $166,610
  • Kent $82,631
  • Michigan $72,875
  • United States $80,734
See the full table
East Grand Rapids next to Kent County and Michigan
Measure East Grand Rapids Kent County Michigan U.S.
Typical home value $521,300 $289,900 $231,600 $332,700
Typical monthly rent $1,862 $1,243 $1,129 $1,413
Typical yearly household income $166,610 $82,631 $72,875 $80,734
Households that own their home 94% 70% 73% 65%
Typical yearly property tax $7,474 $3,217 $2,904 $3,119
Effective property tax rate 1.43% 1.11% 1.25% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Kent County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in East Grand Rapids

For a typical $521,300 home in East Grand Rapids, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, East Grand Rapids's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,536a month

    Least cash to close
    Down payment
    $18,246
    Cash to close
    $33,885
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $231

  • Conventional, 5% down $4,441a month

    Down payment
    $26,065
    Cash to close
    $41,704
    Rate
    7.18%
    Mortgage insurance
    PMI · $248

  • Conventional, 20% down, no PMI $3,664a month

    Down payment
    $104,260
    Cash to close
    $119,899
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,146a month

    Down payment
    $78,195
    Cash to close
    $93,834
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for East Grand Rapids and for Kent County.

Property tax

Effective rate in East Grand Rapids

1.43%of the home’s value each year

$7,474 a year for the typical owner in East Grand Rapids.

  • East Grand Rapids 1.43%
  • Kent 1.11%
  • Michigan 1.25%

What Michigan publishes Principal Residence Exemption (PRE) from school operating tax (Michigan Legislature (Michigan Compiled Laws))

Exemptions and deadlines in Michigan

Flood risk in Kent County

FEMA does not publish these numbers by city: they are for all of Kent County.

FEMA’s maps count no homes in the high-risk zone in Kent County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in East Grand Rapids

Typical rent in East Grand Rapids is $1,862 a month: 50% above the county.

HUD publishes a fair market rent for all of Kent County, by unit size. To pay the 2-bedroom one ($1,630 a month) without spending more than 30% of your income, you would need to earn $31.35 an hour working full time.

HUD fair market rent for all of Kent County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,306 $25.12 $52,240
1 bedroom $1,365 $26.25 $54,600
2 bedrooms $1,630 $31.35 $65,200
3 bedrooms $2,113 $40.63 $84,520
4 bedrooms $2,417 $46.48 $96,680

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in East Grand Rapids

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). East Grand Rapids is in ZIP code 49506.

For 2 bedrooms it is $1,790: $160 more than the fair market rent for Kent County ($1,630).

  • 49506 $1,790$2,320

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for East Grand Rapids when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in East Grand Rapids

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 5 HUD-approved agencies with an office in Kent County; 2 say they serve in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in East Grand Rapids

No down payment, repair or rent-help program on our list is for East Grand Rapids or Kent County. The ones below are statewide in Michigan: they work in East Grand Rapids the same as in the rest of the state.

Which programs do I qualify for? All programs in Michigan

  • MI 10K DPA Loan

    Statewide in Michigan

    Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it. Offered by Michigan State Housing Development Authority (MSHDA).

    Deferred

    See the program Official page

  • Mortgage Credit Certificate (MCC)

    Statewide in Michigan

    Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy. Offered by Michigan State Housing Development Authority (MSHDA).

    Tax credit

    See the program Official page

Housing counselors near East Grand Rapids

The HUD-approved agencies closest to the center of East Grand Rapids, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • GRAND RAPIDS URBAN LEAGUE DBA Urban League of West Michigan

    745 Eastern Ave SE, Grand Rapids · 2 miles away

    • Mortgage delinquency and default
    • Homelessness services
    • and 1 more
    (616) 245-2207

  • Michigan State University Extension- Grand Rapids Kent County

    775 Ball Ave., N.E., Grand Rapids · 3 miles away

    • Budget and credit workshops
    • Homebuyer education workshops
    (616) 632-7874

  • Iccf Community Homes

    415 Martin Luther King Jr St SE Ste 100, Grand Rapids · 3 miles away · Spanish

    • Pre-purchase counseling
    • Homebuyer education workshops
    (616) 336-9333

Every agency in Kent County All counseling agencies in Michigan

Help in Spanish near East Grand Rapids

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of East Grand Rapids

In HUD’s record, no housing authority with an office in Kent County is named for East Grand Rapids or Kent County.

3 other authorities have an office in Kent County: see the list Source: HUD

Cities

Other cities in Kent County

These cities are also in Kent County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Kent County Housing in Michigan

Nearby cities

The cities closest to East Grand Rapids, with the typical home value.

Neighboring counties

If Kent County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in East Grand Rapids.

All guides
Three generations of a family gather on the porch of their home.

Questions

Housing questions about East Grand Rapids

Short answers with the numbers for East Grand Rapids and all of Kent County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in East Grand Rapids?

The typical home value in East Grand Rapids is $521,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Kent County it is $289,900.

How much does it cost to rent in East Grand Rapids?

Typical rent in East Grand Rapids is $1,862 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Kent County is $1,630.

What is the FHA loan limit in East Grand Rapids?

East Grand Rapids uses the FHA limit for all of Kent County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in East Grand Rapids?

The typical homeowner in East Grand Rapids pays $7,474 a year, according to the U.S. Census Bureau. That is 1.43% of the home’s value; in Kent County, the rate is 1.11%.

Where can I find free help to buy or rent in East Grand Rapids?

There are 5 HUD-approved counseling agencies with an office in Kent County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).