Cheap Homes for Rent in Madison Square Neighborhood of Grand Rapids, MI from $1,300 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Madison Square area of Grand Rapids.

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.

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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.

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Madison Square, Grand Rapids, MI Local Guide

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 Southtown Lofts priced from $1,100. 25 La Belle St SW has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,175. Here are the most affordable Madison Square apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Southtown LoftsOne Bedroom Style D1BR,1BA$1,100
25 La Belle St SW2 Bedroom2BR,1BA$1,175
549 Logan St SEOne Bed1BR,1BA$1,200

Best Value Apartments for Rent in Madison Square, MI

As of March 09, 2026 the best value apartment in the Madison Square area is the $2.06 price per square foot One Bedroom Style C Model at Southtown Lofts in the in the Belknap Lookout neighborhood starting from $1,295. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Southtown LoftsOne Bedroom Style C1BR,1BA$2.06
549 Logan St SEOne Bed1BR,1BA$2.00
Box Board Lofts1 Bed 91BR,1BA$2.88

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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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 Madison Square

What type of rentals are currently available in Madison Square?

There are currently 55 Apartments for Rent in Madison Square, MI with pricing that ranges from $1,100 to $2,110. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Square ranging from $1,300 to $2,800.

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 $1,300 to $2,800 with an average monthly rent of $1,818.

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

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.