ZIP Code · MI

ZIP 49508

Part of Kentwood, MI

Pop. 42,720·Kent County·38th most expensive ZIP in Michigan

Median rent (all units)

$1,779/mo

Year-over-Year

+3.9%

Month-over-Month

+0.7%

vs US Median

-$153

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 49508 · $1,779

More affordable than 52% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,250

1 BR

$1,290

2 BR

$1,550

3 BR

$2,000

4 BR+

$2,220

Research median

$1,550/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Michigan

Rent in ZIP 49508 changed +3.9% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($70,120) is $1,753 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,550); a 3-bedroom is $2,000.

Rank in Kentwood

4th cheapest of 4 ZIP codes in Kentwood.

Cheaper nearby

ZIP 49548, 2 miles away, rents for 20% less ($1,424/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 49508. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,348/yr

At $1,779/mo median

Location

CityKentwood

StateMI

CountyKent County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.9% YoY, +0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 49508 (Kentwood, MI) is majority owner-occupied, has a large share of families with children, 34.4% of residents hold a bachelor's degree or higher.

Population

42,720

Median income

$70,120

Median age

35.3

Renters

39.3%

Age distribution

26.4%

23.2%

24.4%

15.4%

Under 1826.4%

18–3423.2%

35–5424.4%

55–6410.6%

65+15.4%

Gender

47%

53%

Male47%

Female53%

Race & ethnicity

49.3%

27.6%

White49.3%

Black27.6%

Hispanic9.6%

Asian9.5%

Other4%

Education (25+)

24.2%

30.6%

34.4%

No HS diploma10.7%

HS diploma24.2%

Some college30.6%

Bachelor's+34.4%

Housing tenure

60.7%

39.3%

Owner60.7%

Renter39.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 49508 in Kentwood, MI has changed in 5 years

Income

$61,324 → $70,120

up 14.3%

Population

42,688 → 42,720

up 0.1%

Renter share

40.9% → 39.3%

-1.6 pts

Bachelor's+

34.1% → 34.4%

+0.3 pts

Median age

34.5 → 35.3

+0.8 yrs

Median household income rose from $61,324 to $70,120 between 2021 and 2024, a 14.3% shift. Renters now make up 39.3% of households, compared with 40.9% five years ago.

Community

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Local insights

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About renting in ZIP 49508

Last updated: October 17, 2026

ZIP code 49508 covers Kentwood, MI. The median rent here is $1,779/mo as of October 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,550/mo.

At 30% of local median household income ($70,120/yr), ZIP 49508 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 49508?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,779/mo in ZIP 49508. The local median household income is $70,120/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 49508?

Rent in ZIP 49508 has risen 3.9% over the past year.

How does ZIP 49508 compare to other ZIPs in Michigan?

ZIP 49508 is one of the pricier among Michigan ZIP codes for rent, ranking #38 of 168 at $1,779/mo. Over the year to September 2026, rent in ZIP 49508 changed +3.9%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.