1032 Logan St SE
Grand RapidsMI49506
Cheap Homes for Rent in the Madison Square Neighborhood of Grand Rapids, MI from $925 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Square area of Grand Rapids.
448 Thomas St SE
Grand RapidsMI49503
855 Alexander St SE
Grand RapidsMI49507
1108 Jefferson Ave SE
Grand RapidsMI49507
The Renter's Guide to Grand Rapids' Best Neighborhoods Near Major Employers
Working in Grand Rapids? Find the perfect neighborhood near your job. Our local guide covers the best places to rent near Steelcase, Corewell Health, GE Aerospace, and Honeywell.
400 Grant St SW
Grand RapidsMI49503
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$1,3902 Bedroom Apartments Available Now
863 M.L.K. Jr St SE, Unit 2
863 M.L.K. Jr St SEGrand Rapids, MI 49507
437 Eastern Ave SE
Grand RapidsMI49503
740 Oakland Ave SW
Grand RapidsMI49503
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,6002 Bedroom Apartments Available Now
124 Griggs St SW, Unit 1
124 Griggs St SWGrand Rapids, MI 49507
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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 | $1,552 | $925 | $3,200 |
| Madison Square 3 Bedroom Homes for Rent | $2,128 | $1,600 | $3,100 |
| Madison Square 4 Bedroom Homes for Rent | $2,335 | $1,995 | $2,800 |
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. Box Board Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,645. 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 |
| Box Board Lofts | A4 | 1BR,1BA | $1,645 |
| 549 Logan St SE | Two Bed | 2BR,2BA | $1,650 |
Best Value Apartments for Rent in Madison Square, MI
As of September 06, 2026 the best value apartment in the Madison Square area is the $2.08 price per square foot 920 Wealthy St SE Model at 920 Wealthy St SE, Unit 920 Wealthy St SE in the in the Belknap Lookout neighborhood starting from $2,550. The second greatest value Madison Square apartment is the Two Bed Model at 549 Logan St SE starting at $1,650 with a $2.54 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. |
|---|---|---|---|
| 920 Wealthy St SE, Unit 920 Wealthy St SE | 920 Wealthy St SE | 3BR,2BA | $2.08 |
| 549 Logan St SE | Two Bed | 2BR,2BA | $2.54 |
| 533 Prospect Ave SE, Unit lower | 533 Prospect Ave SE | 1BR,1BA | $1.85 |
| Box Board Lofts | A4 | 1BR,1BA | $3.39 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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
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Frequently Asked Questions about Madison Square
What type of rentals are currently available in Madison Square?
There are currently 68 Apartments for Rent in Madison Square, MI with pricing that ranges from $875 to $2,800. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Square ranging from $900 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 $900 to $3,200 with an average monthly rent of $1,925.
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.
Helpful Local Expert Guides
The Renter's Guide to Grand Rapids Best Neighborhoods Near Major Employers
Written by: Mike Heuer
My name is Mike, and I am your ApartmentHomeLiving.com guide for the greater Grand Rapids area.
Learn what Locals Love About Renting in Grand Rapids, Michigan
Written by: Mike Heuer
The city of Grand Rapids has a growing population of about 203,000, while the greater metropolitan area, including the city, has about 1.2 million residents.
Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan
Written by: Mike Heuer
Aquinas College is a private Catholic school of higher education that focuses on liberal arts and was founded in 1886 by the Dominican Sisters of Grand Rapids.
The Local Expert's 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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.