|Specialty||# of Agencies|
|Single House or Condo||7|
|Home Owners Association||3|
|Total Local Companies||15|
The average rent for a 3 bedroom house in Grand Rapids, MI is $1,093.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.
Grand Rapids, MI Rental Market Overview
The second-largest city in Michigan, behind only Detroit, is Grand Rapids - a modest-sized city located along the Grand River and home to a variety of industries and culture.
Grand Rapids is known as Furniture City due to its history as one of the first major furniture producers in the nation. However, numerous other industries have sprung up in the city since, including healthcare, aviation and consumer goods.
The Grand Rapids Art Museum was built in the early 20th century, but has received a face lift in recent years, making the museum itself larger and more modern looking.
One of Michigan State University's campuses is in Grand Rapids - the Secchia Center medical building - as well as a number of small colleges and universities.
Many residents are drawn to Grand Rapids because of its close proximity to Lake Michigan - a popular tourist destination in the state, which provides visitors with several recreational opportunities.
Property Management Companies Can Greatly Assist Grand Rapids Property Owners
Grand Rapids is home to a hefty population of families, single residents and college students. These diverse demographics provide property investors big and small opportunities to make a considerable amount of money by operating an apartment in the city.
Additionally, these investors can enhance their return on investment by employing a property management company to take care of all the intricacies of a rental property.
Don't want to deal with tenant concerns? Want someone else to take care of property maintenance? These are just a couple of the things property managers are experienced in and willing to do for you and your residence.
Grand Rapids Rental Market at a Glance
Rental Vacancy Rate, Q3 2011: 3.4 percent
Rent Growth, Q3 2011: 0.5 percent
Statistics courtesy of Reis Reports
Finding Grand Rapids Property Management Companies
Locating the right property management company for you is vital to ensuring your business is run smoothly and efficiently.
Sign up with All Property Management to choose from Grand Rapids' top property management companies. Just type your zip code into our search engine and you'll discover a variety of management firms in Grand Rapids to receive free quotes from.