Cheap Apartments for Rent in the Madison Area Grand Rapids, MI from $900 (4 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Madison Area area of Grand Rapids.

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Grand City Heights
Studio to 2 Bedroom Apartments

Grand City Heights

333 Commerce Ave SWGrand Rapids, MI 49503
  • Utilities Included

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.

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Southgate Senior Living
1 to 2 Bedroom Apartments

Southgate Senior Living

438 Division Ave SGrand Rapids, MI 49503
Senior Living
  • Utilities Included
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357 Madison Ave. SE #F2
1 to 2 Bedroom Apartments

357 Madison Ave. SE #F2

357 Madison AveGrand Rapids, MI 49503
  • Utilities Included

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.

Madison Area, Grand Rapids, MI Local Guide

Best Value Apartments for Rent in Madison Area, MI

As of October 15, 2025 the best value apartment in the Madison Area area is the $1.03 price per square foot 317 Union Ave SE Model at 317 Union Ave SE, Unit 2 in the in the Center City neighborhood starting from $1,600. The second greatest value Madison Area apartment is the 1 Bedroom, 1 Bathroom Model at Madison Apartment Homes starting at $1,895 with a $1.72 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 ListingModel NameBed/BathPrice Per Sq.Ft.
317 Union Ave SE, Unit 2317 Union Ave SE2BR,1.5BA$1.03
Madison Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.72
680 Wealthy St SE, Unit 2B680 Wealthy St SE1BR,1BA$2.58
549 Logan St SEOne Bed1BR,1BA$2.00
Wealthy & SheldonWealthy One Bedroom1BR,1BA$2.77

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Pet Friendly Lifestyle
Madison Area, Grand Rapids, MI

Ranked #46

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Madison Area Neighborhood in Grand Rapids, MI

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

63 / 100

Bikeable

Some bike infrastructure

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

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.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.