
Cheap Homes for Rent in Madison Square Neighborhood of Grand Rapids, MI from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Square area of Grand Rapids.


735 Alexander St SE

24 Corinne St SW, Unit #1

930 Sheldon 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.

416 Henry Ave SE, Unit #2

1070 Kalamazoo Ave SE

17 Corinne St SW

529 Madison Ave SE, Unit 4
Check Out Grand Rapids’s Best Affordable Neighborhoods
Learn about Grand Rapids and the best places to live with original content written by our Local Expert Mike Heuer
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 | $2,061 | $1,385 | $3,100 |
Madison Square 3 Bedroom Homes for Rent | $1,924 | $1,350 | $3,100 |
Madison Square 4 Bedroom Homes for Rent | $2,383 | $1,850 | $2,700 |
Madison Square 5 Bedroom Homes for Rent | $2,898 | $2,300 | $3,300 |
Madison Square 6 Bedroom Homes for Rent | $2,500 | $2,300 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
549 Logan St SE | One Bed | 1BR,1BA | $1,100 |
Box Board Lofts | 1 Bed Alt B2 | 1BR,1BA | $1,555 |
Best Value Apartments for Rent in Madison Square, MI
As of June 23, 2025 the best value apartment in the Madison Square area is the $3.01 price per square foot 680 Wealthy St SE Model at 680 Wealthy St SE, Unit 2B in the in the Center City neighborhood starting from $2,100. The second greatest value Madison Square apartment is the One Bed Model at 549 Logan St SE starting at $1,100 with a $1.83 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. |
---|---|---|---|
680 Wealthy St SE, Unit 2B | 680 Wealthy St SE | 1BR,1BA | $3.01 |
549 Logan St SE | One Bed | 1BR,1BA | $1.83 |
Box Board Lofts | 1 Bed 16 | 1BR,1BA | $3.59 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Madison Square
What type of rentals are currently available in Madison Square?
There are currently 53 Apartments for Rent in Madison Square, MI with pricing that ranges from $1,095 to $2,300. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Square ranging from $1,000 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 $1,000 to $3,300 with an average monthly rent of $2,127.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.