At $1,356/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,356 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($68,980) is $1,725 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,520).
From Zillow's monthly rent index (ZORI) for Grand Ledge. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Grand Ledge, MI is majority owner-occupied, has a large retiree population, 37.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Grand Ledge, MI has changed in 5 years
Local incomes tracked alongside that move, going from a median of $65,368 in 2021 to $68,980 more recently. About 32.5% of households rent today, against 34.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 31.4% to 37.4%.
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Can you afford rent in Grand Ledge on your salary?
At $1,356/mo, how Grand Ledge rent compares to typical pay (30% rule).
Grand Ledge rent by bedroom count
Median rent for each apartment size in Grand Ledge. Click any size for full breakdown.
Tips for renters in Grand Ledge
Last updated: October 17, 2026
The median rent in Grand Ledge is $1,356/mo as of October 2026. A studio apartment averages $840/mo while a 2-bedroom runs $1,090/mo. One-bedroom apartments average $880/mo and 3-bedroom units go for $1,420/mo.
At 24% of local median household income ($68,980/yr), Grand Ledge ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Grand Ledge?
How does Grand Ledge rent compare to other cities in Michigan?
At $1,356/mo, rent takes ~24% of Grand Ledge's median household income ($68,980/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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