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$1,3952 Bedroom Apartments Contact Us For Availability
357 Madison Ave. SE #F2
357 Madison AveGrand Rapids, MI 49503
Cheap Apartments for Rent in the Madison Area Grand Rapids, MI from $700 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison Area area of Grand Rapids.
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$1,500
Total Monthly Price
2 Bedroom Apartment Available May 3Total Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
427 Thomas St SE, Unit 2, Unit 2
427 Thomas St SEGrand 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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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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1 to 2 Bedroom Apartments
Southgate Senior Living
438 Division Ave SGrand Rapids, MI 49503
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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 | $1,395 | $1,395 | $1,395 |
| Madison Area 1 Bedroom Apartments | $1,246 | $895 | $1,395 |
| Madison Area 2 Bedroom Apartments | $1,477 | $1,150 | $1,800 |
| Madison Area 3 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
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 5 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 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 |
| Southtown Lofts | 1 Bedroom 1 Bath - 49330 | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Madison Area, MI
As of April 29, 2026 the best value apartment in the Madison Area area is the $1.99 price per square foot 1 Bedroom 1 Bath - 49315 Model at Southtown Lofts in the in the Belknap Lookout neighborhood starting from $1,275. 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 | 1 Bedroom 1 Bath - 49315 | 1BR,1BA | $1.99 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
| 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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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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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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Best Local Schools in Madison Area, Grand Rapids, MI
Southwest Community Campus School
Grand Rapids Public Schools
Public School - Grades PK-5 (635)
4 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.
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.