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$1,150
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,150
Total Monthly Price
$1,150
533 Prospect Ave SE, Unit 4
533 Prospect Ave SEGrand Rapids, MI 49503
Cheap Apartments for Rent in the Madison Area Grand Rapids, MI from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison Area area of Grand Rapids.
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$1,1752 Bedroom Apartments Available Now
25 La Belle St SW
25 La Belle St SWGrand Rapids, MI 49507
1054 Lafayette Ave SE
Grand RapidsMI49507
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$1,200 - $1,3001 Bedroom Apartments Available Now
549 Logan St SE
549 Logan St SEGrand Rapids, MI 49503
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$1,275 - $1,3251 Bedroom Apartments Contact Us For Availability
Southtown Lofts
640 Eastern Ave SEGrand Rapids, MI 49503
742 M.L.K. Jr St SE
Grand RapidsMI49507
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$1,3952 Bedroom Apartments Contact Us For Availability
357 Madison Ave. SE #F2
357 Madison AveGrand Rapids, MI 49503
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,450
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,450
Total Monthly Price
$1,450
559 Morris Ave SE, Unit Joe Miller
559 Morris Ave SEGrand Rapids, MI 49503
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$1,500
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2 Bedroom Apartment Available NowTotal Monthly Price
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$1,500
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$1,500
320 Prospect Ave SE, Unit 320 Prospect Ave
320 Prospect Ave SEGrand Rapids, MI 49503
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$1,550
Total Monthly Price
2 Bedroom Apartment Available Jul 4Total Monthly Price
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$1,550
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$1,550
423 Charles Ave SE, Unit 1
423 Charles Ave SEGrand Rapids, MI 49503
520 Union Ave SE
Grand RapidsMI49503
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Studio to 1 Bedroom Apartments
600 Lafayette Ave SE
600 Lafayette Ave SEGrand Rapids, MI 49503
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2 to 3 Bedroom Apartments
Metropolitan Park Apartments
350 Ionia Ave SWGrand Rapids, MI 49503
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Studio to 2 Bedroom Apartments
Grand City Heights
333 Commerce Ave SWGrand Rapids, MI 49503
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Studio to 2 Bedroom Apartments
550 Paris
550 Paris Ave SEGrand Rapids, MI 49503
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1 to 2 Bedroom Apartments
Sheldon Apartments
1010 Sheldon Ave SEGrand Rapids, MI 49507
1014 Lafayette Ave SE
Grand RapidsMI49507
744 Oakland Ave SW
Grand RapidsMI49503
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1 to 2 Bedroom Apartments
Southgate Senior Living
438 Division Ave SGrand Rapids, MI 49503
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Studio to 2 Bedroom Apartments
Wealthy & Sheldon
90 Wealthy St SEGrand Rapids, MI 49503
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1 to 2 Bedroom Apartments
435 LaGrave at Tapestry Square
435 La Grave Ave SEGrand Rapids, MI 49503
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
738 Oakland Ave SW
Grand RapidsMI49503
815 Logan St SE
Grand RapidsMI49506
Showing Results 1-23, Page 1 of 1
Madison Area, Grand Rapids, MI Local Guide
How much does it cost to rent an apartment in Madison Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Area Studio Apartments | $1,395 | $1,395 | $1,395 |
| Madison Area 1 Bedroom Apartments | $1,115 | $750 | $1,325 |
| Madison Area 2 Bedroom Apartments | $1,579 | $1,175 | $2,650 |
| Madison Area 3 Bedroom Apartments | $1,695 | $1,695 | $1,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Madison Area Neighborhood of Grand Rapids, MI.
See all Apartments in Grand RapidsExplore Grand Rapids
Madison Area, Grand Rapids, MI Local Guide
- Nearby Grand Rapids neighborhoods
- Nearby Cities
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Cheapest Available Madison Area Apartments for Rent
The cheapest available apartment rental in the Madison Area area of Grand Rapids, MI is a 2 Beds unit found at 25 La Belle St SW priced from $1,175. 549 Logan St SE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Madison Area apartments for rent in Grand Rapids, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 25 La Belle St SW | 2 Bedroom | 2BR,1BA | $1,175 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1,200 |
| Wealthy & Sheldon | Wealthy Studio | Studio,1BA | $1,300 |
Best Value Apartments for Rent in Madison Area, MI
As of June 19, 2026 the best value apartment in the Madison Area area is the $1.58 price per square foot 320 Prospect Ave SE Model at 320 Prospect Ave SE, Unit 320 Prospect Ave in the in the Center City neighborhood starting from $1,500. The second greatest value Madison Area apartment is the 559 Morris Ave SE Model at 559 Morris Ave SE, Unit Joe Miller starting at $1,450 with a $1.93 price per square foot in the Belknap Lookout neighborhood. Here is today’s list of the best values for Madison Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 320 Prospect Ave SE, Unit 320 Prospect Ave | 320 Prospect Ave SE | 2BR,1BA | $1.58 |
| 559 Morris Ave SE, Unit Joe Miller | 559 Morris Ave SE | 2BR,1BA | $1.93 |
| 680 Wealthy St SE | 680 Wealthy St SE | 1BR,1BA | $3.43 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
| 533 Prospect Ave SE, Unit 4 | 533 Prospect Ave SE | 1BR,1BA | $2.09 |
| Wealthy & Sheldon | Wealthy Studio | Studio ,1BA | $3.02 |
Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan
Find your perfect student apartment near Aquinas College, Calvin University, Cornerstone University, and Grand Rapids Community College. Discover top neighborhoods for off-campus housing in Grand Rapids, MI.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleMadison Area, Grand Rapids, MI
Ranked #48
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Madison Area, Grand Rapids, MI
Southwest Community Campus School
Grand Rapids Public Schools
Public School - Grades PK-5 (671)
5 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Madison Area Apartments
How much is rent for a Cheap One Bedroom Madison Area Apartment?
The lowest price for a Cheap One Bedroom Madison Area Apartment is $1,200 at 549 Logan St SE.
What is the lowest price for a Cheap Two Bedroom Madison Area Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison Area is starting from $1,175 at 25 La Belle St SW.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
The Local Experts Guide to the Best Affordable Neighborhoods in Grand Rapids, MI
Written by: Mike Heuer
I grew up near Grand Rapids and have visited the growing city and its surrounding area many times. It is a true jewel of southwestern Michigan and very close to Lake Michigan and many other great locales.
Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan
Written by: Mike Heuer
Aquinas College is a private Catholic school of higher education that focuses on liberal arts and was founded in 1886 by the Dominican Sisters of Grand Rapids.
Learn what Locals Love About Renting in Grand Rapids, Michigan
Written by: Mike Heuer
The city of Grand Rapids has a growing population of about 203,000, while the greater metropolitan area, including the city, has about 1.2 million residents.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.