825 Evergreen St SE
Grand RapidsMI49507
Cheap Apartments for Rent in the Madison Square Neighborhood of Grand Rapids, MI from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison Square area of Grand Rapids.
1054 Ionia Ave SW
Grand RapidsMI49507
465 Howard St SE
Grand RapidsMI49507
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$1,1752 Bedroom Apartments Available Now
25 La Belle St SW
25 La Belle St SWGrand Rapids, MI 49507
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$1,250
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,250
Total Monthly Price
$1,250
533 Prospect Ave SE, Unit lower
533 Prospect Ave SEGrand Rapids, MI 49503
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Rent Specials
$1,260 - $1,710Studio to 2 Bedroom Apartments Available Now
Box Board Lofts
470 market Ave SWGrand Rapids, MI 49503
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$1,275 - $1,3251 Bedroom Apartments Contact Us For Availability
Southtown Lofts
640 Eastern Ave SEGrand Rapids, MI 49503
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$1,375 - $1,4502 Bedroom Apartments Available Now
834 Sherman St SE
834 Sherman St SEGrand Rapids, MI 49506
The Renter's Guide to Grand Rapids' Best Neighborhoods Near Major Employers
Working in Grand Rapids? Find the perfect neighborhood near your job. Our local guide covers the best places to rent near Steelcase, Corewell Health, GE Aerospace, and Honeywell.
836 Sherman St SE
Grand RapidsMI49506
742 M.L.K. Jr St SE
Grand RapidsMI49507
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$1,400
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,400
Total Monthly Price
$1,400
1256 Jefferson Ave SE, Unit 1
1256 Jefferson Ave SEGrand Rapids, MI 49507
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Studio to 1 Bedroom Apartments
600 Lafayette Ave SE
600 Lafayette Ave SEGrand Rapids, MI 49503
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1 to 2 Bedroom Apartments
Baker Lofts
40 Logan St SWGrand Rapids, MI 49503
2032 Division Ave S
Grand RapidsMI49507
1032 Logan St SE
Grand RapidsMI49506
448 Thomas St SE
Grand RapidsMI49503
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Studio to 2 Bedroom Apartments
550 Paris
550 Paris Ave SEGrand Rapids, MI 49503
855 Alexander St SE
Grand RapidsMI49507
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1 to 2 Bedroom Apartments
Sheldon Apartments
1010 Sheldon Ave SEGrand Rapids, MI 49507
744 Oakland Ave SW
Grand RapidsMI49503
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1 to 2 Bedroom Apartments
Southgate Senior Living
438 Division Ave SGrand Rapids, MI 49503
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1 to 2 Bedroom Apartments
435 LaGrave at Tapestry Square
435 La Grave Ave SEGrand Rapids, MI 49503
815 Logan St SE
Grand RapidsMI49506
738 Oakland Ave SW
Grand RapidsMI49503
Learn what Locals Love About Renting in Grand Rapids, Michigan
Discover why Grand Rapids, Michigan, is a premier place to live and work. Explore the Grand Rapids Local Expert's guide to top-rated schools, world-class healthcare, vibrant food scene, and endless recreational activities.
Showing Results 1-24, Page 1 of 1
Madison Square, Grand Rapids, MI Local Guide
How much does it cost to rent an apartment in Madison Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Square Studio Apartments | $1,261 | $875 | $1,395 |
| Madison Square 1 Bedroom Apartments | $1,545 | $1,250 | $1,710 |
| Madison Square 2 Bedroom Apartments | $1,295 | $1,000 | $1,650 |
| Madison Square 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
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 24 rentals with your search options within a 1 mile radius of the Madison Square Neighborhood of Grand Rapids, MI.
See all Apartments in Grand RapidsExplore Grand Rapids
Madison Square, Grand Rapids, MI Local Guide
- Nearby Grand Rapids neighborhoods
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Cheapest Available Madison Square Apartments for Rent
The cheapest available apartment rental in the Madison Square area of Grand Rapids, MI is a 2 Beds unit found at 25 La Belle St SW priced from $1,175. 834 Sherman St SE has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,375. Here are the most affordable Madison Square 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 |
| 834 Sherman St SE | 2 Bedroom/1 Bath | 2BR,1BA | $1,375 |
| Box Board Lofts | A4 | 1BR,1BA | $1,530 |
| 549 Logan St SE | Two Bed | 2BR,2BA | $1,650 |
Best Value Apartments for Rent in Madison Square, MI
As of July 28, 2026 the best value apartment in the Madison Square area is the $1.00 price per square foot 1256 Jefferson Ave SE Model at 1256 Jefferson Ave SE, Unit 1 in the in the Eastown neighborhood starting from $1,400. The second greatest value Madison Square apartment is the 2 Bedroom/1 Bath Model at 834 Sherman St SE starting at $1,375 with a $1.38 price per square foot in the Belknap Lookout neighborhood. Here is today’s list of the best values for Madison Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1256 Jefferson Ave SE, Unit 1 | 1256 Jefferson Ave SE | 2BR,1BA | $1.00 |
| 834 Sherman St SE | 2 Bedroom/1 Bath | 2BR,1BA | $1.38 |
| 533 Prospect Ave SE, Unit lower | 533 Prospect Ave SE | 1BR,1BA | $1.92 |
| 549 Logan St SE | Two Bed | 2BR,2BA | $2.54 |
| Box Board Lofts | A4 | 1BR,1BA | $3.15 |
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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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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 Square, Grand Rapids, MI
School data provided by Great Schools
Frequently Asked Questions about Cheap Madison Square Apartments
How much is rent for a Cheap One Bedroom Madison Square Apartment?
The lowest price for a Cheap One Bedroom Madison Square Apartment is $1,530 at Box Board Lofts.
What is the lowest price for a Cheap Two Bedroom Madison Square Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison Square 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.
Helpful Local Expert Guides
The Renter's Guide to Grand Rapids Best Neighborhoods Near Major Employers
Written by: Mike Heuer
My name is Mike, and I am your ApartmentHomeLiving.com guide for the greater Grand Rapids area.
Learn what Locals Love About Renting in Grand Rapids, Michigan
Written by: Mike Heuer
The city of Grand Rapids has a growing population of about 203,000, while the greater metropolitan area, including the city, has about 1.2 million residents.
Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan
Written by: Mike Heuer
Aquinas College is a private Catholic school of higher education that focuses on liberal arts and was founded in 1886 by the Dominican Sisters of Grand Rapids.
The Local Expert's 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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.