
Cheap Homes for Rent in Madison Area Grand Rapids, MI from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Area area of Grand Rapids.


424 Lafayette Ave SE

600 Pleasant St SE

925 Eastern Ave SE

1327 Cass Ave SE
Madison Area, Grand Rapids, MI Local Guide

How much does it cost to rent a home in Madison Area?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Area 2 Bedroom Homes for Rent | $1,195 | $1,195 | $1,195 |
Madison Area 3 Bedroom Homes for Rent | $1,980 | $1,600 | $2,800 |
Madison Area 4 Bedroom Homes for Rent | $2,308 | $1,795 | $2,550 |
Madison Area 5 Bedroom Homes for Rent | $2,550 | $2,200 | $3,000 |
Madison Area 6 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Madison Area Neighborhood of Grand Rapids, MI.
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Madison Area, Grand Rapids, MI Local Guide
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Cheapest Neighborhoods for Apartments in Madison Area, MI
Pricing Updated: 03/21/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
234 Market Apartments | Studio Apartment Style G/J | Studio,1BA | $1,055 |
Heritage Place | Studio | Studio,1BA | $1,202 |
College Hill Apartments | Studio Renovated | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
680 Wealthy St SE, Unit 2A | 680 Wealthy St SE | 2BR,1BA | $2.81 |
601 Bond | The Ionia | 1BR,1BA | $2.79 |
The Brix at Midtown | 1 Bedroom 1 Bath - 699 sq. ft. | 1BR,1BA | $2.27 |
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 | $2.87 |
Box Board Lofts | 1 Bed Alt B4 | 1BR,1BA | $2.88 |
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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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.

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.

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.

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.