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Cheap Homes for Rent in Madison Square Neighborhood of Grand Rapids, MI from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Square area of Grand Rapids.
1928 Darwin Ave SW
Grand RapidsMI49507
448 Thomas St SE
Grand RapidsMI49503
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
Grand RapidsMI49503
111 Canton St SW
Grand RapidsMI49507
715 Union Ave SE
Grand RapidsMI49503
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.
1110 Dallas Ave SE
Grand RapidsMI49507
Showing Results 1-7, Page 1 of 1
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 | $1,804 | $950 | $3,200 |
| Madison Square 3 Bedroom Homes for Rent | $1,901 | $1,350 | $3,100 |
| Madison Square 4 Bedroom Homes for Rent | $1,994 | $1,650 | $2,600 |
| Madison Square 5 Bedroom Homes for Rent | $2,985 | $2,650 | $3,350 |
| Madison Square 6 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 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 Studio apartment currently listed from $1,325. 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 | Studio 1 | Studio,1BA | $1,325 |
| Madison Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Madison Square, MI
As of December 08, 2025 the best value apartment in the Madison Square area is the $1.54 price per square foot 1 Bedroom, 1 Bathroom Model at Madison Apartment Homes in the in the Belknap Lookout neighborhood starting from $1,695. 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. |
|---|---|---|---|
| Madison Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.54 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
| Box Board Lofts | Studio 1 | Studio ,1BA | $3.17 |
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 Article
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.
Read ArticleQuick 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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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 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 $800 to $2,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Square ranging from $895 to $3,350.
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 $895 to $3,350 with an average monthly rent of $2,129.
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 $1,695 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $2,500.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!