Updated 2 Days Ago
Highlights
Pet Friendly
Location
340 Richard Ter Se #342-1stFL, Grand Rapids, MI 49506, USA|Eastown
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Property Overview
Strong location with easy access to nearby amenities, plus a comfortable layout and practical features that support everyday living. Appealing for buyers seeking convenience, a manageable home, and a property with solid livability and useful potential.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Middle school nearby
- Images Available
Great for
Wellness
Social life
Pet owners
Amenities for 340 Richard Ter Se #342-1stFL, Eastown
Apartment Amenities
| Balcony | Ceiling Fan |
| Central Heat | Hardwood Floor |
| Tile | Walk-in Closet |
Appliances
| Dishwasher | Garbage Disposal |
| Refrigerator | Stainless Steel Appliance |
| Stove |
Building
| Cats OK | Dogs OK |
| Laundry Shared | Onsite Laundry |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 340 Richard Ter Se #342-1stFL
This is the quintessential 2 bedroom plus Office / 1 bathroom main floor apartment with one stall Garage in the heart of Eastown you have been looking for. This whole building had a complete renovation that was completed in 2018, all plumbing, electrical, windows, bathrooms, and kitchens are new, all the walls resurfaced, while still maintaining the character of the original home such as coffered ceilings, lead glass windows, and original wood floors. enjoy the nice front porch in the summer to sit on and sip you favorite drink, or the short 1/2 a block walk to Matchbox, or Terra for Sunday brunch. Contact us to set up a tour. Owner pays for water, sewer, Gas/ Heat, Lawn care, and snow removal.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 340 Richard Ter Se, Grand Rapids, MI 49506, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 320 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Eastown |
|---|---|
| Zip code | 49506 |
| Type | Apartment for rent |
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Rent trends in Eastown
2-bedroom apartments at 340 Richard Ter Se #342-1stFL cost about 10% less than the average rent price for 2-bedroom apartments in Grand Rapids.
Median rents as of Aug 22 2026.
Eastown
Grand Rapids
| Month | Median Rent |
|---|---|
| September 2024 | $1,505 |
| October 2024 | $1,544 |
| November 2024 | $1,574 |
| December 2024 | $1,593 |
| January 2025 | $1,591 |
| February 2025 | $1,597 |
| March 2025 | $1,608 |
| April 2025 | $1,582 |
| May 2025 | $1,600 |
| June 2025 | $1,567 |
| July 2025 | $1,517 |
| August 2025 | $1,528 |
| September 2025 | $1,497 |
| October 2025 | $1,495 |
| November 2025 | $1,532 |
| December 2025 | $1,578 |
| January 2026 | $1,530 |
| February 2026 | $1,514 |
| March 2026 | $1,534 |
| April 2026 | $1,596 |
| May 2026 | $1,580 |
| June 2026 | $1,586 |
| July 2026 | $1,600 |
| August 2026 | $1,563 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,775 |
| November 2024 | $1,882 |
| December 2024 | $1,836 |
| January 2025 | $1,785 |
| February 2025 | $1,865 |
| March 2025 | $1,875 |
| April 2025 | $1,881 |
| May 2025 | $1,866 |
| June 2025 | $1,901 |
| July 2025 | $1,866 |
| August 2025 | $1,887 |
| September 2025 | $1,916 |
| October 2025 | $1,869 |
| November 2025 | $1,860 |
| December 2025 | $1,867 |
| January 2026 | $1,825 |
| February 2026 | $1,854 |
| March 2026 | $1,915 |
| April 2026 | $1,899 |
| May 2026 | $1,910 |
| June 2026 | $2,002 |
| July 2026 | $2,011 |
| August 2026 | $1,893 |
Affordability calculator
Can I afford to live at 340 Richard Ter Se #342-1stFL?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 2-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 2 years ago | $1,700 | 2 bed | 1 bath |
Schools near 340 Richard Ter Se #342-1stFL
Congress Elementary School
940 baldwin st se
grand rapids, MI, 49506
PK, K-5Public
B
Ridgemoor Park Montessori
2555 inverness rd se
grand rapids, MI, 49546
PK, K-6Public
C+
Lincoln School
860 crahen ave ne
grand rapids, MI, 49525
K-12Public
Lincoln Developmental Center
862 crahen ave ne
grand rapids, MI, 49525
K-12Public
Kent Education Center - Oakleigh
2223 gordon st nw
grand rapids, MI, 49504
K-8Public
C
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Internet available near 340 Richard Ter Se #342-1stFL
Getting around Grand Rapids near 340 Richard Ter Se #342-1stFL
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 340 Richard Ter Se #342-1stFL, Grand Rapids
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
Explore the area around 340 Richard Ter Se #342-1stFL
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Wealthy / Lake (WB)
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Other units at this address
340 Richard Ter Se, Grand Rapids, MI
340 Richard Ter Se Grand Rapids, MI
Occupied
Unit 342
2 Beds
1 Bath
$1,700
In-Unit Laundry • Hardwood Floor
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