Cheap Homes for Rent in Madison Area Grand Rapids, MI from $1,100 (5 Rentals)

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

Madison Area, Grand Rapids, MI Local Guide

Cheapest Neighborhoods for Apartments in Madison Area, MI

Pricing Updated: 03/21/2025

Current apartment rentals in the Madison Area, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Madison Area Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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 $1,055. 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$1,055
Heritage PlaceStudioStudio,1BA$1,202
College Hill ApartmentsStudio RenovatedStudio,1BA$1,215

Best Value Apartments for Rent in Madison Area, MI

As of March 21, 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
234 Market ApartmentsNew Construction 1 Bed 1 Bath1BR,1BA$2.87
Box Board Lofts1 Bed Alt B41BR,1BA$2.88
Heritage PlaceStudioStudio ,1BA$2.79
College Hill ApartmentsStudio RenovatedStudio ,1BA$2.83
Wealthy & SheldonSheldon StudioStudio ,1BA$3.10

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Frequently Asked Questions about Madison Area

What type of rentals are currently available in Madison Area?

There are currently 66 Apartments for Rent in Madison Area, MI with pricing that ranges from $895 to $3,978. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Area ranging from $1,195 to $3,100.

What is the current price range for Rental Homes in Madison Area?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison Area ranges from $1,195 to $3,100 with an average monthly rent of $2,059.

How much are larger Three and Four Bedroom Rentals in Madison Area?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison Area range from $1,195 to $3,978, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,400.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.