States › Michigan › East Grand Rapids

Is East Grand Rapids, MI expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,05917% higher than U.S. average
💵 Families earn per year (2026)$179,689about $14,974/month · 106% higher than U.S. average
🔑 House price$521,30057% higher than U.S. average

Rent is higher than in 72% of U.S. cities. Household incomes are higher than in 95% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.7 minutes. Most homes (93.9%) are owned, so rentals can be hard to find. It is a highly educated city: 79.9% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $82,360 a year. That is $40 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

No. Rent here is more expensive than in most of Michigan. It is number 171 of 179 cities from cheapest to most expensive.

East Grand Rapids
$2,059
$1,828
$950
$1,074
$1,557

How much do households earn in East Grand Rapids?

Under $25k
3.9%
$25k–50k
5.3%
$50k–100k
25.6%
$100k–150k
21.9%
$150k+
43.7%

Share of households by yearly income. 65.6% of households earn $100,000 or more.

Rent by apartment size in East Grand Rapids

SizeEast Grand RapidsU.S. average
2 bedrooms$1,725$1,509
3 bedrooms$2,308$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is East Grand Rapids overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for East Grand Rapids, so the Michigan figure is shown.

Taxes and bills in East Grand Rapids

🏛️ Property tax$7,474a year · 1.43% of home value · U.S. $3,119
⚡ Electric bill$139a month (typical) · U.S. $156

Life in East Grand Rapids

Commute to work17.7 minU.S.: 26.4 min
College degree79.9%U.S.: 35.7%
Own their home93.9%U.S.: 65.2%
Below poverty line3.6%U.S.: 12.5%
Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in East Grand Rapids?

Renting is cheaper right now: about $1,558 a month less.

Renting
$2,059
Owning
$3,617

Owning assumes a typical $521,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $52,130 for the down payment.

Frequently asked questions

What is the average rent in East Grand Rapids, MI?

Renting in East Grand Rapids costs a median of about $2,059 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in East Grand Rapids?

To keep rent under 30% of income, you need about $82,360 a year, or $40 an hour at a full-time job.

Is East Grand Rapids cheap or expensive?

East Grand Rapids is rated Cheap: rent takes 13.8% of the typical household income of $179,689. It ranks 171st cheapest of 179 Michigan cities we track.

How much are property taxes in East Grand Rapids?

The median homeowner in East Grand Rapids pays $7,474 a year in property taxes, about 1.43% of the median home value.

Is East Grand Rapids more expensive than the national average?

Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in East Grand Rapids?

The median home value in East Grand Rapids is $521,300, about 2.9 times the typical yearly household income.

11,445 people live in East Grand Rapids. Numbers are typical (middle) values.