Rental prices in Alger Heights, Grand Rapids, MI have decreased by 1.43% over the past year. The average rent moved from $1,168 to $1,151.
Check out the average rent in Grand Rapids.
The national average price of rental apartments is $1,741, while the average monthly rent in Alger Heights, Grand Rapids, MI is $1,151.
The average monthly rent for an apartment in Alger Heights, Grand Rapids, MI is around $1,151.
A share of 12% of apartments in Alger Heights, Grand Rapids, MI have the cheapest rents between ≤ $1000. Around 86% of Alger Heights's apartments have monthly rents between $1,001-$1,500. There are 2% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Alger Heights, Grand Rapids, MI (86%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Alger Heights, Grand Rapids, MI is $1,367.
In Alger Heights, 33% of the residents are renting compared to 67% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 11% of Alger Heights's rentals, 48% are small-scale complexes with under 50 units, and 41% are single-family rentals.
In total, Alger Heights, Grand Rapids, MI has 11,185 residents, 5,744 women and 5,441 men, per U.S. Census recent estimates. Statistics show that the median age of Alger Heights’s population is 33.
There is a total of 3,919 households in Alger Heights, Grand Rapids, MI. Of these, 1,440 have children and 2,478 are without children. Per Census Bureau’s most current estimates, 2,563 family households and 1,356 non-family households live in this area. The size of a household in Alger Heights is 1.98 people, on average. The median household annual income in Alger Heights equals $65,328, and the monthly housing costs equal $1,157.
According to data from the U.S. Census Bureau, 7% of the population in Alger Heights, Grand Rapids, MI have no high school education, 29% went to high-school, and 19% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 23% hold a Bachelor Degree, and 15% hold a Graduate Degree.
