Find property management in Grand Rapids, MI

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We know the best property managers in Grand Rapids, MI.
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How We Help Find Your Perfect Grand Rapids, MI Property Manager

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Review listings of top local property managers that fit your criteria
Review listings of top local property managers that fit your criteria
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Discuss your unique needs with the property managers
Discuss your unique needs with the property managers
Specialty # of Agencies
Single House or Condo 9
Apartment Buildings 12
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.

Additional Cities:

Top Single Family Managers

6095 - 28th Street
Grand Rapids, MI 49546

Managing: Single-Family : Multi-Family :
We know the Michigan property market and how to get you the best rent - and the best tenants - for your property.
Free Quote...

Lansing, MI 48933

Managing: Single-Family : Multi-Family :
Our clients and customers have a right to expect outstanding service. We expect our employees and our sales staff to...
Free Quote...

1348 Front Ave. NW
Grand Rapids, MI 49504

Managing: Single-Family : Multi-Family :
We specialize in overseeing and managing rental properties for owners just like you.
Free Quote...

Top Multi-Family Managers

6095 - 28th Street
Grand Rapids, MI 49546

Managing: Single-Family : Multi-Family :
We know the Michigan property market and how to get you the best rent - and the best tenants - for your property.
Free Quote...

33067 Schoolcraft
Livonia, MI 48150

Managing: Multi-Family :
Serving Michigan Families since 1972
Free Quote...

Lansing, MI 48933

Managing: Single-Family : Multi-Family :
Our clients and customers have a right to expect outstanding service. We expect our employees and our sales staff to...
Free Quote...

Top Association Managers

1822 W. Milham Ste 1A
Portage, MI 49024

Managing: Single-Family : Multi-Family : Association : Commercial
Boldly redefining property management and always working in the owner's best interests since 1996.
Free Quote...

1425 Gezon Parkway
Wyoming, MI 49509

Managing: Multi-Family : Association : Commercial
THE PROPERTY MANAGERS YOU CAN TRUST
Free Quote...

130 Linden Oaks Drive
Rochester, NY 14625

Managing: Association : Commercial
Maximizing the value of our clients' real estate interests since 1971.
Free Quote...

Additional Grand Rapids, MI Property Management Companies

6095 - 28th Street
Grand Rapids, MI 49546

Managing: Commercial
Commercial Property Management. Learn how One Step Realty and Property Management can turn your property into a good i...
Free Quote...

161 Ottawa Ave. NW , Suite 205M
Grand Rapids, MI 49503

Managing: Single-Family : Multi-Family :
Qwest Property Management is the Premier Property Management Company in West Michigan!
Free Quote...

Managing: Single-Family :
Free Home Evaluation! Contact us today.
Free Quote...

6501 Balsam Dr.
Hudsonville, MI 49546

Managing: Single-Family : Multi-Family :
Opening doors so you can relax!
Free Quote...

4657 Lake Michigan Dr., #1
Allendale, MI 49401

Managing: Single-Family : Multi-Family :
At Access Property Management Group, we truly listen to what your real estate investment needs are.
Free Quote...

950 28th St. SE 200B
Grand Rapids, MI 49508

Managing: Single-Family : Multi-Family :
In today's market, our primary concern is the success of your property.
Free Quote...

15240 RedTail Dr.
Bath, MI 48808

Managing: Multi-Family :
We are a smaller hands on company that will deliver results and increase the top and bottom lines of all of your investments.
Free Quote...

25800 Northwestern Hwy Suite 100
Southfield, MI 48075

Managing: Multi-Family :
We will make investing in real estate and management services a pleasant and profitable experience for you.
Free Quote...

Rental Ranking

  • What is it?
    • It measures a city's attractiveness for real estate investment.
      Higher Ranking = Higher Rental ROI Capacity.

2014 Q2 Report


All Property Management released the latest US regionally ranked data.
View report >

About Rental Ranking >
How is this Calculated >
Grand Rapids Companies >

Top US Cities

View Full Report

The top five rental ROI cities per region

Midwest

  1. Grand Rapids, MI
  2. Indianapolis, IN
  3. Omaha, NE
  4. St. Louis, MO
  5. Minneapolis, MN

Grand Rapids, MI: Rental Property ROI Analysis

2014 Q2 Data Vacancy Rate Rent Variance Cap Rate Appreciation Job Growth Days on Market
Grand Rapids 5.00% 0.00% 10.60% 7.15% 3.85% 57
75 US City Avg. 8.00% .57% 7.78% 5.00% 1.59% 73

Home to an exceptional art and culture scene, exciting nightlife and five-star dining, stunning natural beauty and a vibrant community spirit, the community of Grand Rapids, Michigan has long been renowned as a great place to live. In fact, Forbes agrees. They have recently ranked it the second-best city in America for raising a family, just two years after a first-place showing in 2012.

 

But did you know that according to All Property Management Q2 2014 Rental Ranking Report, Grand Rapids is the TOP #1 BEST CITY in the U.S. for rental investment for the second quarter in a row? Yes, it is true and the real estate market is paying attention nationwide.

 

What data is this based on?

To calculate the All Property Management Rental Ranking Report, we explore a number of different sources, including current government housing and jobs data, as well as housing appreciation forecasts for 75 cities across the United States. We look at specific factors such as home vacancy rates, capitalization rates, home value appreciation rates, annual job growth, change in rental rates, and average days a property stays on the market to determine which U.S. cities are poised to give investors the highest return on their rental investment.

 

Grand Rapids, Michigan performs strongly in all of these categories. Its low vacancy rate of 5.3 percent, for example, shows that very few of the rental properties are vacant, thus indicating a potential demand for rental property in the area. Grand Rapids average capitalization rate for properties is also quite impressive at 9.64 percent, ranking 7th out of the 75 Metropolitan Statistical Areas that All Property Management evaluates for the Rental Ranking Report. Other positives for Grand Rapids include a home value appreciation rate of 8.6 percent over the course of last year, and exceptional year-over-year job growth of 3.96 percent. Lastly, the average home in Grand Rapids was only on the market for 57 days before being sold. For reference, San Francisco and Seattle, two of the hottest home markets in the country, boasted averages of 33 days on market.

 

What does a high-ranking mean?

Is owning a rental property in Grand Rapids profitable?
Quite simply, there has never been a better time to consider rental property investment in Grand Rapids and the surrounding areas. The combination of strong appreciation in home value with great capitalization rates means that investment properties in Grand Rapids can pay off both in the short term and long term. Furthermore, with national recognition as a great place to raise a family and exceptional year-over-year job growth, you can count on demand for Grand Rapids rental properties to continue to increase.

 

Thinking about renting out your Grand Rapids property? Seek the assistance of a local, qualified property manager and automate your rental profit. Get free quotes emailed to you from 5 competing Grand Rapids property management companies to compare rates and calculate the ROI. Or call 1-877-780-4510 to speak with a representative.

 

Our team at All Property Management specializes in connecting property owners with property agents in communities across the country. Expert property managers can assist with setting rental rates, advertising your property, screening and managing tenants, collecting rent, managing vendor relationships, and ensuring you are complying with local, state, and federal housing regulations,thus taking the hassle and worry out of managing your property. We look forward to working with you and welcome the opportunity to help you with all your property management needs.