
Cheap Apartments for Rent in the 49503 ZIP Code of Grand Rapids, MI from $300 (140 Rentals)
Search the lowest-cost Apartments available for rent right now in the 49503 ZIP Code area of Grand Rapids.


28 Jefferson Ave

Academy Manor

202 Leonard St NE

410 Eastern Ave SE

234 Market Apartments

Total Monthly Price
533 Prospect Ave SE, Unit 4

Total Monthly Price
161 Union Ave NE, Unit Apt # 2

161 Union Ave NE, Unit Apt 2

Highland Place Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Midtown CityZen

Maryland Park

Southview Apartments

549 Logan St SE

512 Grand Ave NE

641 Parkwood St NE

The Globe Apartments

Lofts at the Kendall

329 Lyon St NE

Southtown Lofts
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.

Studio Park Towers and Lofts

Venue Tower Apartments

425 Lyon St NE, Unit 4

633 Coit Ave NE

Heritage Place Apartments

21 Fairbanks St NE

Box Board Lofts

Waters House Apartments

Gateway at Belknap

The Morton
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.

Total Monthly Price
425 Lyon St NE, Unit 4

322 Diamond Ave NE

The Gallery

The Plaza Apartments

The Highlands Apartments

Bradford Station

38 Commerce

357 Madison Ave. SE #F2

Michigan Street Apartment Homes

Lofts on Michigan
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.

Belknap Place

The Lofts Apartments

City View Flats

Total Monthly Price
559 Morris Ave SE, Unit Joe Miller

751 Clancy Ave NE

Diamond Place I

Lofts on Ionia

Total Monthly Price
The Waters Center

Total Monthly Price
320 Prospect Ave SE, Unit 320 Prospect Ave

Atlantis House
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Grand Rapids, MI Local Guide

How much does it cost to rent an apartment in 49503?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 49503 Studio Apartments | $1,391 | $750 | $2,500 |
| 49503 1 Bedroom Apartments | $1,628 | $440 | $3,782 |
| 49503 2 Bedroom Apartments | $1,918 | $500 | $3,600 |
| 49503 3 Bedroom Apartments | $2,191 | $555 | $4,361 |
| 49503 4 Bedroom Apartments | $1,227 | $465 | $3,419 |
Browse Apartments in the 49503 Zip Code of Grand Rapids
Explore Grand Rapids

Frequently Asked Questions about Cheap the 49503 ZIP Code Apartments
What is the Cheapest Studio apartment in 49503?
Currently the most affordable Cheap Studio Apartment in 49503 is at Pine Ridge listed at $895.
How much is rent for a Cheap One Bedroom 49503 Apartment?
The lowest price for a Cheap One Bedroom 49503 Apartment is $699 at Gladden Building.
What is the lowest price for a Cheap Two Bedroom 49503 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 49503 is starting from $1,010 at Springhouse Communities.
What is the most affordable 49503 Three Bedroom Apartment?
The best deal on a cheap 49503 Three Bedroom Apartment rental is at Hawthorne Manor and starts from $1,405.
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 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.

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.

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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.