
Cheap Homes for Rent in the 49503 ZIP Code of Grand Rapids, MI from $300 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the 49503 ZIP Code area of Grand Rapids.


918 Watson St SW, Unit 2

743 7th St NW, Unit 2

918 Watson St SW, Unit Unit #3

439 More St NE

1222 Eastern Ave SE, Unit 2

1057 Pine Ave NW
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.

161 Union Ave NE, Unit Apt 2

822 Fulton St W, Unit Apt. 2

1007 Watson St SW

921 Watson St SW, Unit 1

901 Maybelle St NE

744 Oakland Ave SW

1047 Park St SW
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.

855 Alexander St SE

947 Logan St SE

221 Hollister Ave SE

46 National Ave SW

18 Indiana Ave SW

619 Emerald Ave NE

1436 Matilda St NE
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

829 Flat St NE

507 Eastern Ave NE

1128 Fulton St E

434 Worden St SE

243 Michigan St NW

1555 Margaret Ave SE
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
Grand Rapids, MI Local Guide

How much does it cost to rent an apartment in Grand Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 49503 2 Bedroom Homes for Rent | $1,986 | $500 | $5,000 |
| 49503 3 Bedroom Homes for Rent | $1,928 | $555 | $4,537 |
| 49503 4 Bedroom Homes for Rent | $1,407 | $465 | $3,250 |
Browse Homes for Rent in the 49503 Zip Code of Grand Rapids
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Frequently Asked Questions about the 49503 ZIP Code
How much are larger Three and Four Bedroom Rentals in 49503?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 49503 range from $555 to $4,408, while Three Bedroom Homes, Condos, and Townhomes for rent range from $555 to $4,537. Four Bedroom Single-Family rentals are also available starting from $465 and Four Bedroom Apartments start at $634.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.