126 Putnam St SW
Grand RapidsMI49507
Cheap Homes for Rent in Madison Area Grand Rapids, MI from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Area area of Grand Rapids.
126 Putnam St SW
Grand RapidsMI49507
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.
448 Thomas St SE
Grand RapidsMI49503
424 Lafayette Ave SE
Grand RapidsMI49503
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
126 Putnam St SW
Grand RapidsMI49507
Showing Results 1-5, Page 1 of 1
Madison Area, Grand Rapids, MI Local Guide
How much does it cost to rent a home in Madison Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Area 2 Bedroom Homes for Rent | $1,293 | $950 | $1,750 |
| Madison Area 3 Bedroom Homes for Rent | $1,842 | $1,325 | $2,800 |
| Madison Area 4 Bedroom Homes for Rent | $2,076 | $1,595 | $2,600 |
| Madison Area 5 Bedroom Homes for Rent | $3,042 | $2,650 | $3,600 |
Browse Homes for Rent 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.
Explore Grand Rapids
Madison Area, Grand Rapids, MI Local Guide
- Nearby Grand Rapids neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Madison Area Apartments for Rent
The cheapest available apartment rental in the Madison Area area of Grand Rapids, MI is a 1 Bed unit found at Lafayette 600-300 Pleasant SE priced from $795. 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 |
|---|---|---|---|
| Lafayette 600-300 Pleasant SE | 1BR/1.0BA | 1BR,1BA | $795 |
| 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 December 22, 2025 the best value apartment in the Madison Area area is the $2.00 price per square foot One Bed Model at 549 Logan St SE in the in the Center City neighborhood starting from $1,200. The second greatest value Madison Area apartment is the Wealthy Corner Unit Model at Wealthy & Sheldon starting at $1,599 with a $3.10 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. |
|---|---|---|---|
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
| Wealthy & Sheldon | Wealthy Corner Unit | 1BR,1BA | $3.10 |
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 Article
The 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 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.
Let everyone know!
Do you know the Madison Area area?
If you’re an expert on all things Madison Area, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleMadison Area, Grand Rapids, MI
Ranked #46
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-6 (635)
4 out of 10
School data provided by Great Schools
Frequently Asked Questions about Madison Area
What type of rentals are currently available in Madison Area?
There are currently 64 Apartments for Rent in Madison Area, MI with pricing that ranges from $950 to $2,500. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Area ranging from $750 to $3,600.
What is the current price range for Rental Homes in Madison Area?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison Area ranges from $750 to $3,600 with an average monthly rent of $1,833.
How much are larger Three and Four Bedroom Rentals in Madison Area?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison Area range from $1,450 to $1,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $2,500.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!