1014 Lafayette Ave SE
Grand RapidsMI49507
Cheap Homes for Rent in Madison Square Neighborhood of Grand Rapids, MI from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Square area of Grand Rapids.
744 Oakland Ave SW
Grand RapidsMI49503
738 Oakland Ave SW
Grand RapidsMI49503
1110 Dallas Ave SE
Grand RapidsMI49507
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.
815 Logan St SE
Grand RapidsMI49506
434 Worden St SE
Grand RapidsMI49507
128 Fair St SE
Grand RapidsMI49507
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$1,7502 Bedroom Apartments Available Now
456 Lafayette Ave SE, Unit 454
456 Lafayette Ave SEGrand 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.
1038 Lafayette Ave SE
Grand RapidsMI49507
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Madison Square, Grand Rapids, MI Local Guide
How much does it cost to rent a home in Madison Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Square 2 Bedroom Homes for Rent | $1,764 | $1,300 | $3,200 |
| Madison Square 3 Bedroom Homes for Rent | $2,241 | $1,450 | $3,100 |
| Madison Square 4 Bedroom Homes for Rent | $2,209 | $1,700 | $2,675 |
| Madison Square 5 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Madison Square Neighborhood of Grand Rapids, MI.
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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 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 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 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1,200 |
| 834 Sherman St SE | 2 Bedroom/1 Bath | 2BR,1BA | $1,450 |
Best Value Apartments for Rent in Madison Square, MI
As of June 08, 2026 the best value apartment in the Madison Square area is the $1.45 price per square foot 2 Bedroom/1 Bath Model at 834 Sherman St SE in the in the Belknap Lookout neighborhood starting from $1,450. The second greatest value Madison Square 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 Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 834 Sherman St SE | 2 Bedroom/1 Bath | 2BR,1BA | $1.45 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
| Box Board Lofts | A6 | 1BR,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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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.
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.
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Best Local Schools in Madison Square, Grand Rapids, MI
School data provided by Great Schools
Frequently Asked Questions about Madison Square
What type of rentals are currently available in Madison Square?
There are currently 58 Apartments for Rent in Madison Square, MI with pricing that ranges from $750 to $2,200. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Square ranging from $1,200 to $3,200.
What is the current price range for Rental Homes in Madison Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison Square ranges from $1,200 to $3,200 with an average monthly rent of $2,062.
How much are larger Three and Four Bedroom Rentals in Madison Square?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison Square range from $1,550 to $1,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $2,200.
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.