
Cheap Apartments for Rent in the Madison Area Grand Rapids, MI from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison Area area of Grand Rapids.


535 Howard St SE

961-963 Eastern Ave SE

Southtown Lofts

Lafayette 600-300 Pleasant SE
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Metropolitan Park Apartments

448 Thomas St SE

Grand City Heights

550 Paris

424 Lafayette Ave SE
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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 | $1,200 | $1,200 | $1,200 |
| Madison Area 1 Bedroom Apartments | $1,154 | $795 | $1,300 |
| Madison Area 2 Bedroom Apartments | $1,245 | $1,050 | $1,750 |
| Madison Area 3 Bedroom Apartments | $1,794 | $1,399 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Madison Area Neighborhood of Grand Rapids, MI.
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Madison Area, Grand Rapids, MI Local Guide
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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 Studio unit found at Lafayette 600-300 Pleasant SE priced from $750. Southtown Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Madison Area apartments for rent in Grand Rapids, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lafayette 600-300 Pleasant SE | 0BR/1.0BA | Studio,1BA | $750 |
| Southtown Lofts | One Bedroom Style D | 1BR,1BA | $1,100 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Madison Area, MI
As of January 28, 2026 the best value apartment in the Madison Area area is the $1.75 price per square foot One Bedroom Style C Model at Southtown Lofts in the in the Belknap Lookout neighborhood starting from $1,100. The second greatest value Madison Area apartment is the One Bed Model at 549 Logan St SE starting at $1,200 with a $2.00 price per square foot in the Center City 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. |
|---|---|---|---|
| Southtown Lofts | One Bedroom Style C | 1BR,1BA | $1.75 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
| Wealthy & Sheldon | Wealthy Studio | Studio ,1BA | $3.02 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Madison Area, Grand Rapids, MI
Southwest Community Campus School
School data provided by Great Schools
Frequently Asked Questions about Cheap Madison Area Apartments
What is the price of a cheap apartment in Madison Area?
The cheapest apartment in Madison Area is Southtown Lofts which is listed at $1,100, while the average apartment in Madison Area costs $1,700.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.