Historic Kingsley Building
1415 Lake Dr SE,
Grand Rapids, MI 49506
$1,475 - $2,535
1-2 Beds
Situated fewer than two miles east of Downtown Grand Rapids, the Eastown neighborhood blends residential areas with energetic commercial districts for a lively community. Commuters can drive down Lake Drive or take one of two buses, which bring locals to the downtown area in 15 minutes.
Wealthy Street and Lake Drive feature Eastown's main business district, with condos and homes for rent lining the nearby streets. Walk down to Wealthy Theatre for a retro film shown in a restored early 20th-century cinema. If you enjoy live plays, head over to Circle Theatre to catch one of its five annual main stage productions. Wilcox Park to the north provides a welcome green space in this charming neighborhood.
As of January 2026, the average apartment rent in Eastown is $1,274 for a studio, $1,582 for one bedroom, $2,068 for two bedrooms, and $2,225 for three bedrooms. Apartment rent in Eastown has increased by 1.8% in the past year.
Studio
419 sq ft
Average Sq Ft
$1,274/month
Average Rent
1 BR
668 sq ft
Average Sq Ft
$1,582/month
Average Rent
2 BR
992 sq ft
Average Sq Ft
$2,068/month
Average Rent
3 BR
1,169 sq ft
Average Sq Ft
$2,225/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.