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from $1,100Studio to 3 Bedroom Apartments Available Now
234 Market Apartments
234 Market Ave SWGrand Rapids, MI 49503
Cheap Apartments for Rent in the Madison Area Grand Rapids, MI from $900 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Madison Area area of Grand Rapids.
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from $1,140Studio to 2 Bedroom Apartments Available Now
Box Board Lofts
470 Market Ave SWGrand Rapids, MI 49503
1030 Eastern Ave SE
Grand RapidsMI49507
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from $1,202Studio to 2 Bedroom Apartments Available Now
Heritage Place
50 College Ave SEGrand Rapids, MI 49503
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from $1,215Studio to 2 Bedroom Apartments Available Now
Studio Park Lofts & Tower
122 Oakes St SWGrand Rapids, MI 49503
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from $1,215Studio to 2 Bedroom Apartments Available Now
College Hill Apartments
510 College AveGrand Rapids, MI 49503
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from $1,300Studio to 3 Bedroom Apartments Available Apr 11
The Gallery
10 Commerce Ave SWGrand Rapids, MI 49503
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from $1,300Studio to 2 Bedroom Apartments Available Now
Wealthy & Sheldon
90 Wealthy St SEGrand Rapids, MI 49503
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650 Oakdale St SE
Grand RapidsMI49507
424 Lafayette Ave SE
Grand RapidsMI49503
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Showing Results 1-15, Page 1 of 1
Madison Area, Grand Rapids, MI Local Guide
How much does it cost to rent an apartment in Madison Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Area Studio Apartments | $1,329 | $1,100 | $1,690 |
| Madison Area 1 Bedroom Apartments | $1,652 | $1,255 | $2,398 |
| Madison Area 2 Bedroom Apartments | $2,183 | $1,450 | $3,762 |
| Madison Area 3 Bedroom Apartments | $2,685 | $1,195 | $4,353 |
| Madison Area 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Madison Area Neighborhood of Grand Rapids, MI.
See all Apartments in Grand RapidsExplore Grand Rapids
Madison Area, Grand Rapids, MI Local Guide
- Nearby Grand Rapids neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Madison Area Apartments for Rent
The cheapest available apartment rental in the Madison Area area of Grand Rapids, MI is a Studio unit found at 234 Market Apartments priced from $1,100. Heritage Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,202. Here are the most affordable Madison Area apartments for rent in Grand Rapids, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 234 Market Apartments | Studio Apartment Style G/J | Studio,1BA | $1,100 |
| Heritage Place | Studio | Studio,1BA | $1,202 |
| College Hill Apartments | Studio Renovated | Studio,1BA | $1,215 |
| Wealthy & Sheldon | Sheldon Studio | Studio,1BA | $1,300 |
| Box Board Lofts | 1 Bed Alt B4 | 1BR,1BA | $1,470 |
Best Value Apartments for Rent in Madison Area, MI
As of March 30, 2025 the best value apartment in the Madison Area area is the $2.59 price per square foot The Bond Model at 601 Bond in the in the Center City neighborhood starting from $2,600. The second greatest value Madison Area apartment is the 680 Wealthy St SE Model at 680 Wealthy St SE, Unit 2A starting at $2,600 with a $2.81 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Madison Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 601 Bond | The Bond | 2BR,2BA | $2.59 |
| 680 Wealthy St SE, Unit 2A | 680 Wealthy St SE | 2BR,1BA | $2.81 |
| The Brix at Midtown | 1 Bedroom 1 Bath - 699 sq. ft. | 1BR,1BA | $2.28 |
| Studio Park Lofts & Tower | 121 One Bed Piazza View Glass | 1BR,1BA | $3.06 |
| 234 Market Apartments | New Construction 1 Bed 1 Bath | 1BR,1BA | $2.81 |
| Box Board Lofts | 1 Bed Alt B4 | 1BR,1BA | $3.03 |
| Heritage Place | Studio | Studio ,1BA | $2.79 |
| College Hill Apartments | Studio Renovated | Studio ,1BA | $2.83 |
| Wealthy & Sheldon | Sheldon Studio | Studio ,1BA | $3.10 |
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Pet Friendly LifestyleMadison Area, Grand Rapids, MI
Ranked #45
Among neighborhoods in Grand Rapids, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Madison Area, Grand Rapids, MI
Southwest Community Campus School
Grand Rapids Public Schools
Public School - Grades PK-6 (635)
4 out of 10
School data provided by Great Schools
Best Local Schools in Madison Area, Grand Rapids, MI
Southwest Community Campus School
Grand Rapids Public Schools
Public School - Grades PK-6 (635)
4 out of 10
School data provided by Great Schools
Getting Around the Madison Area Neighborhood in Grand Rapids, MI
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
63 / 100
Bikeable
Some bike infrastructure
Transit Score®
48 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Madison Area Apartments
What is a cheap apartment in Madison Area?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Madison Area is under $1,699.
What is the price of a cheap apartment in Madison Area?
The cheapest apartment in Madison Area is College Hill Apartments which is listed at $1,225, while the average apartment in Madison Area costs $2,521.
What types of apartments are the cheapest in Madison Area?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Madison Area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Madison Area?
Cheap apartments in Madison Area have an average cost of $129 which is $2,392 cheaper than the average rent for all rentals in Madison Area.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.