Cheap Homes for Rent in Madison Square Neighborhood of 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 Square area of Grand Rapids.

Madison Square, Grand Rapids, MI Local Guide

Cheapest Available Madison Square Apartments for Rent

 

The cheapest available apartment rental in the Madison Square area of Grand Rapids, MI is a Studio unit found at 234 Market Apartments priced from $1,120. Heritage Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,202. Here are the most affordable Madison Square apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
234 Market ApartmentsStudio Apartment Style G/JStudio,1BA$1,120
Heritage PlaceStudioStudio,1BA$1,202
Venue Tower ApartmentsAmberStudio,1BA$1,233

Best Value Apartments for Rent in Madison Square, MI

As of April 12, 2025 the best value apartment in the Madison Square area is the $1.96 price per square foot IONIA Model at The Plaza Apartments in the in the Center City neighborhood starting from $2,025. The second greatest value Madison Square apartment is the 940 Bates St SE Model at 940 Bates St SE, Unit 1 starting at $1,400 with a $1.40 price per square foot in the Belknap Lookout neighborhood. Here is today’s list of the best values for Madison Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Plaza ApartmentsIONIA2BR,2BA$1.96
940 Bates St SE, Unit 1940 Bates St SE2BR,1BA$1.40
680 Wealthy St SE, Unit 2A680 Wealthy St SE2BR,1BA$2.81
559 Morris Ave SE, Unit Joe Miller559 Morris Ave SE2BR,1BA$1.93
601 West1 bed 1 bath1BR,1BA$2.28
Arena Place ApartmentsSouthtown1BR,1BA$2.60
Studio Park Lofts & Tower121 One Bed Piazza View Glass1BR,1BA$3.06
Heritage PlaceStudioStudio ,1BA$2.79
Wealthy & SheldonSheldon StudioStudio ,1BA$3.10
234 Market ApartmentsStudio Apartment Style G/JStudio ,1BA$2.83

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Frequently Asked Questions about Madison Square

What type of rentals are currently available in Madison Square?

There are currently 58 Apartments for Rent in Madison Square, MI with pricing that ranges from $900 to $2,900. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Square ranging from $1,100 to $3,300.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison Square ranges from $1,100 to $3,300 with an average monthly rent of $2,221.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.