
Cheap Homes for Rent in Madison Area Grand Rapids, MI from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Madison Area area of Grand Rapids.


507 Highland St SE

600 Pleasant St SE

500 Highland St SE

750 Watkins St 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 3 Bedroom Homes for Rent | $2,187 | $1,534 | $2,900 |
Madison Area 4 Bedroom Homes for Rent | $2,428 | $2,275 | $2,550 |
Madison Area 5 Bedroom Homes for Rent | $2,566 | $2,200 | $3,000 |
Madison Area 6 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
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 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 $1,115. 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 | $1,115 |
Heritage Place | Studio | Studio,1BA | $1,202 |
Wealthy & Sheldon | Sheldon Studio | Studio,1BA | $1,300 |
Best Value Apartments for Rent in Madison Area, MI
As of April 14, 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 |
559 Morris Ave SE, Unit Joe Miller | 559 Morris Ave SE | 2BR,1BA | $1.93 |
The Brix at Midtown | 1 Bedroom 1 Bath - 699 sq. ft. | 1BR,1BA | $2.30 |
Arena Place Apartments | Southtown | 1BR,1BA | $2.60 |
Studio Park Lofts & Tower | 121 One Bed Piazza View | 1BR,1BA | $2.94 |
Heritage Place | Studio | Studio ,1BA | $2.79 |
College Hill Apartments | Studio Renovated | Studio ,1BA | $3.09 |
Wealthy & Sheldon | Sheldon Studio | Studio ,1BA | $3.10 |
234 Market Apartments | Studio Apartment Style G/J | Studio ,1BA | $2.82 |
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Frequently Asked Questions about Madison Area
What type of rentals are currently available in Madison Area?
There are currently 65 Apartments for Rent in Madison Area, MI with pricing that ranges from $900 to $4,386. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Area ranging from $1,225 to $3,000.
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 $1,225 to $3,000 with an average monthly rent of $2,251.
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.