Cheap Apartments for Rent in the Madison Area Grand Rapids, MI from $900 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Madison Area area of Grand Rapids.

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Grand City Heights
Studio to 1 Bedroom Apartments

Grand City Heights

333 Commerce Ave SWGrand Rapids, MI 49503
  • Utilities Included
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550 Paris
1 Bedroom Apartments

550 Paris

550 Paris Ave SEGrand Rapids, MI 49503
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Sheldon Apartments
1 Bedroom Apartments

Sheldon Apartments

1010 Sheldon Ave SEGrand Rapids, MI 49507
Senior Living
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Southgate Senior Living
1 to 2 Bedroom Apartments

Southgate Senior Living

438 Division Ave SGrand Rapids, MI 49503
Senior Living
  • Utilities Included

Madison Area, Grand Rapids, MI Local Guide

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 $1,105. 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 ListingModel NameBed/BathPriced From
234 Market ApartmentsStudio Apartment Style G/JStudio,1BA$1,105
Heritage PlaceStudioStudio,1BA$1,202
College Hill ApartmentsStudio RenovatedStudio,1BA$1,215
Wealthy & SheldonSheldon StudioStudio,1BA$1,300
Studio Park Lofts & Tower122 One Bed Glass Wall /Juliet1BR,1BA$1,460

Best Value Apartments for Rent in Madison Area, MI

As of March 27, 2025 the best value apartment in the Madison Area area is the $2.81 price per square foot 680 Wealthy St SE Model at 680 Wealthy St SE, Unit 2A in the in the Center City neighborhood starting from $2,600. The second greatest value Madison Area apartment is the The Ionia Model at 601 Bond starting at $2,089 with a $2.79 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 ListingModel NameBed/BathPrice Per Sq.Ft.
680 Wealthy St SE, Unit 2A680 Wealthy St SE2BR,1BA$2.81
601 BondThe Ionia1BR,1BA$2.79
The Brix at Midtown1 Bedroom 1 Bath - 699 sq. ft.1BR,1BA$2.27
Studio Park Lofts & Tower121 One Bed Piazza View Glass1BR,1BA$3.06
Box Board Lofts1 Bed Alt B41BR,1BA$3.03
Heritage PlaceStudioStudio ,1BA$2.79
College Hill ApartmentsStudio RenovatedStudio ,1BA$2.83
Wealthy & SheldonSheldon StudioStudio ,1BA$3.10
234 Market ApartmentsStudio Apartment Style G/JStudio ,1BA$2.82

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Madison Area, Grand Rapids, MI

Ranked #45

Among neighborhoods in Grand Rapids, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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 $1,799.

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 $2,500.

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 10 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 $141 which is $2,359 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.

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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.

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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.

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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.

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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.