5+ Days Ago
Location
116 Gold Ave Sw, Grand Rapids, MI 49504, USA|SWAN
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Property Overview
116 Gold features an overall Zumper Expert Rating of 8.3, highlighting its competitive pricing, excellent amenities, and prime location that scores 9 out of 10 for convenience. Residents can enjoy noteworthy features such as shared laundry and a vibrant social scene, with 48 nearby entertainment venues and numerous dining options. Additionally, the property is recognized for its transparency in management, earning a trustworthiness rating of 7 out of 10, making it a compelling choice for prospective renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Less expensive
Great for
Social life
Floor plans
| 1/1 | 1 bed | 1 bath | 550 sqft | $1,000 /mo | |||
| 2/1 | 2 bed | 1 bath | 850 sqft | $1,300 /mo |
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Policies and fees
Applicants
Application Fee
One-time.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$50
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
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About 116 Gold
Beautifully updated complex featuring 3 units. Ideally located close to downtown Grand Rapids. Enjoy the convenience of being close to GVSU's downtown campus, coffee shops, restaurants, bus stops and shopping. One off street parking space per unit, shared laundry
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good116 Gold is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 116 Gold is a great option for renters looking for apartments in SWAN. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 116 Gold is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
116 Gold is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 116 Gold does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
116 Gold provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
116 Gold is great for:
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 116 Gold compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in SWAN
1-bedroom apartments here are priced 31% lower than 1-bedrooms in SWAN.
If you decide to upgrade your space, you can expect 2-bedrooms at 116 Gold to be 17% less than the average for similarly sized apartments in SWAN.
Median rents as of Jan 17 2026.
SWAN
Grand Rapids
| Month | Median Rent |
|---|---|
| February 2024 | $1,376 |
| March 2024 | $1,313 |
| April 2024 | $1,395 |
| May 2024 | $1,422 |
| June 2024 | $1,363 |
| July 2024 | $1,452 |
| August 2024 | $1,463 |
| September 2024 | $1,457 |
| October 2024 | $1,453 |
| November 2024 | $1,422 |
| December 2024 | $1,416 |
| January 2025 | $1,450 |
| February 2025 | $1,432 |
| March 2025 | $1,417 |
| April 2025 | $1,432 |
| May 2025 | $1,459 |
| June 2025 | $1,415 |
| July 2025 | $1,421 |
| August 2025 | $1,452 |
| September 2025 | $1,446 |
| October 2025 | $1,439 |
| November 2025 | $1,442 |
| December 2025 | $1,465 |
| January 2026 | $1,490 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,350 |
| March 2024 | $1,278 |
| April 2024 | $1,235 |
| May 2024 | $1,079 |
| June 2024 | $1,055 |
| July 2024 | $1,125 |
| August 2024 | $1,125 |
| September 2024 | $1,047 |
| October 2024 | $1,023 |
| November 2024 | $1,310 |
| December 2024 | $1,152 |
| January 2025 | $1,415 |
| February 2025 | $1,425 |
| March 2025 | $1,309 |
| April 2025 | $1,198 |
| August 2025 | $1,062 |
| September 2025 | $1,057 |
| October 2025 | $1,057 |
| November 2025 | $1,465 |
| December 2025 | $1,500 |
| January 2026 | $1,449 |
Affordability calculator
Can I afford to live at 116 Gold Ave Sw?
Bedrooms
Rent-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
$40,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 1-bedroom monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.
Schools near 116 Gold
Kent Education Center - Oakleigh
2223 gordon st nw
grand rapids, MI, 49504
K-8Public
C
Shawmut Hills School
2550 burritt st nw
grand rapids, MI, 49504
PK, K-8Public
C
Lincoln School
860 crahen ave ne
grand rapids, MI, 49525
K-12Public
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Internet available near 116 Gold
Getting around Grand Rapids near 116 Gold Ave Sw
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 116 Gold Ave Sw, Grand Rapids
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
5/10
Some bars within walking distance
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