735 Alexander St SE
Grand RapidsMI49507
Cheap Homes for Rent in Madison Area Grand Rapids, MI from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Area area of Grand Rapids.
930 Sheldon Ave SE
Grand RapidsMI49507
416 Henry Ave SE, Unit #2
416 Henry 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.
529 Madison Ave SE, Unit 4
529 Madison Ave SE
Grand RapidsMI49503
451 Graham St SW
Grand RapidsMI49503
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from $1,7502 Bedroom Apartments Available Now
456 Lafayette Ave SE
456 Lafayette Ave SEGrand Rapids, MI 49503
Check Out Grand Rapids’s Best Affordable Neighborhoods
Learn about Grand Rapids and the best places to live with original content written by our Local Expert Mike Heuer
750 Watkins St SE
Grand RapidsMI49507
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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 | $1,700 | $1,700 | $1,700 |
| Madison Area 3 Bedroom Homes for Rent | $1,826 | $1,350 | $2,800 |
| Madison Area 4 Bedroom Homes for Rent | $2,424 | $1,850 | $2,700 |
| Madison Area 5 Bedroom Homes for Rent | $2,966 | $2,300 | $3,500 |
| Madison Area 6 Bedroom Homes for Rent | $2,500 | $2,300 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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
- Nearby Grand Rapids neighborhoods
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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 Apartment Homes priced from $1,075. 549 Logan St SE 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 Apartment Homes | Studio | Studio,1BA | $1,075 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1,100 |
| Grand Central Lofts | Two Bedroom | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Madison Area, MI
As of June 16, 2025 the best value apartment in the Madison Area area is the $2.00 price per square foot Four Bed Model at 607 Fulton St E in the in the Center City neighborhood starting from $2,000. The second greatest value Madison Area apartment is the 2 Bed Model at 139 Pearl St NW starting at $1,950 with a $2.54 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. |
|---|---|---|---|
| 607 Fulton St E | Four Bed | 4BR,1BA | $2.00 |
| 139 Pearl St NW | 2 Bed | 2BR,1BA | $2.54 |
| Grand Central Lofts | Two Bedroom | 2BR,1BA | $1.76 |
| Wealthy & Sheldon | Sheldon Two Bedrooms | 2BR,2BA | $2.38 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1.83 |
| Bradford Station | D | 1BR,1BA | $2.40 |
| Lafayette Apartment Homes | Studio | Studio ,1BA | $2.16 |
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Frequently Asked Questions about Madison Area
What type of rentals are currently available in Madison Area?
There are currently 61 Apartments for Rent in Madison Area, MI with pricing that ranges from $950 to $2,390. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Area ranging from $1,350 to $3,500.
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 $1,350 to $3,500 with an average monthly rent of $2,283.
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 $1,350 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,000.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.