
Cheap Homes for Rent in Madison Square Neighborhood of Grand Rapids, MI from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Square area of Grand Rapids.


1032 Logan St SE

1032 Logan St SE

1032 Logan St SE

126 Putnam St SW

448 Thomas St SE
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.

424 Lafayette Ave SE

111 Canton St SW

704 Dickinson St SE

1110 Dallas Ave SE

1101 Jefferson Ave SE

910 Oakhill St 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 a home in Madison Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Square 2 Bedroom Homes for Rent | $1,710 | $950 | $3,200 |
| Madison Square 3 Bedroom Homes for Rent | $1,977 | $1,295 | $3,100 |
| Madison Square 4 Bedroom Homes for Rent | $1,959 | $1,500 | $2,550 |
| Madison Square 5 Bedroom Homes for Rent | $2,980 | $2,600 | $3,300 |
| Madison Square 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Madison Square Neighborhood of Grand Rapids, MI.
Explore Grand Rapids
Cheapest Available Madison Square Apartments for Rent
 The cheapest available apartment rental in the Madison Square area of Grand Rapids, MI is a Studio unit found at Lafayette 600-300 Pleasant SE priced from $750. 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 |
|---|---|---|---|
| Lafayette 600-300 Pleasant SE | 0BR/1.0BA | Studio,1BA | $750 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1,200 |
| Box Board Lofts | 1 Bed Alt B1 | 1BR,1BA | $1,570 |
Best Value Apartments for Rent in Madison Square, MI
As of January 22, 2026 the best value apartment in the Madison Square area is the $2.39 price per square foot 1 Bed Alt B1 Model at Box Board Lofts in the in the Center City neighborhood starting from $1,570. 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. |
|---|---|---|---|
| Box Board Lofts | 1 Bed Alt B1 | 1BR,1BA | $2.39 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
Frequently Asked Questions about Madison Square
What type of rentals are currently available in Madison Square?
There are currently 59 Apartments for Rent in Madison Square, MI with pricing that ranges from $1,050 to $2,500. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Square ranging from $750 to $3,300.
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 $750 to $3,300 with an average monthly rent of $2,088.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.