Comptroveby RentSpire

Heritage Place Apartments

50 COLLEGE AVE. SE, Grand Rapids, MI, 49503

Market rate 86 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $500. Average effective rent: $500.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$500$500not observed2

HUD Fair Market Rent gap

HUD area: Grand Rapids-Wyoming, MI HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Box Board Lofts Grand Rapids, MI 1.35 mi not observed 65%
Housing for Individuals and Families Grand Rapids, MI 1.66 mi not observed 52%

Sources & provenance

Sourced from https://heritageplacegr.com/ — 1 observation(s), last observed Aug 3, 2026.

Sourced from https://www.heritageplacegr.com/ — 1 observation(s), last observed Jul 27, 2026.

Data age: 14 days. Last observed: Aug 3, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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