
Cheap Apartments for Rent in the Madison Square Neighborhood of Grand Rapids, MI from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison Square area of Grand Rapids.


1065 Caulfield Ave SW

452 Oakdale St SE

918 M.L.K. Jr St SE

906 Jefferson Ave SE
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.

853 Ballard St SE

549 Logan St SE

1928 Darwin Ave SW
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.

926 M.L.K. Jr St SE

701 Burton St SE

1015 Dickinson St SE

58 Burton St SW

1327 Jefferson Ave SE
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.
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 | $1,406 | $1,220 | $1,530 |
Madison Square 1 Bedroom Apartments | $1,521 | $895 | $1,880 |
Madison Square 2 Bedroom Apartments | $1,582 | $995 | $2,110 |
Madison Square 3 Bedroom Apartments | $1,597 | $1,395 | $1,800 |
Madison Square 4 Bedroom Apartments | $1,900 | $1,900 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 15 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
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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 1 Bed unit found at 549 Logan St SE priced from $1,200. Box Board Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,349. Here are the most affordable Madison Square apartments for rent in Grand Rapids, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
549 Logan St SE | One Bed | 1BR,1BA | $1,200 |
Box Board Lofts | 1 Bed Alt B3 | 1BR,1BA | $1,349 |
Madison Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,895 |
Best Value Apartments for Rent in Madison Square, MI
As of October 15, 2025 the best value apartment in the Madison Square area is the $1.72 price per square foot 1 Bedroom, 1 Bathroom Model at Madison Apartment Homes in the in the Belknap Lookout neighborhood starting from $1,895. The second greatest value Madison Square apartment is the 680 Wealthy St SE Model at 680 Wealthy St SE, Unit 2B starting at $1,800 with a $2.58 price per square foot in the Center City 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. |
---|---|---|---|
Madison Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.72 |
680 Wealthy St SE, Unit 2B | 680 Wealthy St SE | 1BR,1BA | $2.58 |
549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
Box Board Lofts | 1 Bed 11 | 1BR,1BA | $3.18 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMadison Square, Grand Rapids, MI
Ranked #47
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,200 at 549 Logan St SE.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.