Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Grand Rapids area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Grand Rapids, MI

1 - 1 of 1 Result
9
$406 - 447
Leo & Alpine
754 Leonard St Grand Rapids, MI
1 - 2 BR | Available Now
Contact
In Unit Laundry
Dishwasher
1 - 1 of 1 Results

All Apartments in Grand Rapids, MI

30 Results
18
$598 - 1,597
Lexington School
45 Lexington Ave NW Grand Rapids, MI
1 BR | Available Now
In Unit Laundry
Dishwasher
Swan
22
$640 - 1,108
Hopson Flats
212 Cesar E Chavez Ave SW Grand Rapids, MI
2 - 4 BR | Available Now
Contact
Fitness Center
Heartside
16
$1,437 - 1,597
Edge Flats
35 Seward Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
In Unit Laundry
Balcony/Deck/Patio
Swan
29
$685 - 1,054
The Lofts @ 5 Lyon - Price Per Bedroom
Deal
200 Ionia Ave. Nw Grand Rapids, MI
2 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Air Conditioning
Fitness Center
Dishwasher
19
$1,650 - 2,448
601 Bond
Deal
5.0
601 Bond Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
30
$1,581 - 4,434
The Brix at Midtown
Deal
414 Benson Ave NE Grand Rapids, MI
1 - 3 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Disability Access
15
$1,835 - 2,445
Icon on Bond
5.0
538 Bond Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
2
Call for Pricing
Delaware Manor and Heights
10 Delaware SW Grand Rapids, MI
1 - 2 BR | Ask for Availability
Contact
Senior Community
9
$1,795
601 Michigan St NE
Grand Rapids, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$3,100
Grand Rapids N.w. Downtown 2 Bdrm Bungalow
110 Indiana Ave Grand Rapids, MI
2 BR | Available Now
Contact
House
Disability Access
Swan
1
$3,100
Downtown 2 Story Cottage Monthly Grand Rapids Rental
48 Straight Ave Grand Rapids, MI
3 BR | Available Now
Contact
House
Air Conditioning
Storage
Disability Access
Dishwasher
1
$3,100
Remodeled 2 Story 3 Bedroom Home Located In Sw Grand Rapids, Mi
256 Dickinson St SW Grand Rapids, MI
3 BR | Available Now
Contact
House
12
$1,645
1104 Jennette Ave NW
Grand Rapids, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
12
$2,550
325 Michigan Pl
Grand Rapids, MI
5 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
17
$1,445
1011 Watson St
Grand Rapids, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
West Fulton
17
$3,400
616 Giddings Ave
Grand Rapids, MI
5 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
11
$2,000
13 Holland Ave
Grand Rapids, MI
4 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
27
$1,850
414 Myrtle St NW
Grand Rapids, MI
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Monroe North
30
$1,099 - 1,975
Victory On Leonard
900 Leonard St NW Grand Rapids, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
20
$1,219 - 1,879
ReNew Millbrook Apartment Collection
4065 Pointe Owoods St Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
18
$1,269 - 3,699
The Valley
4100 Whispering Ln Ne Grand Rapids, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
15
$3,100
318 Indiana Ave SW
Grand Rapids, MI
4 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
10
$1,500
916 Chatham St
Grand Rapids, MI
3 BR | Sep. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Swan
20
$1,425 - 1,480
Bradford Station Apartments
255 Bradford St NE Grand Rapids, MI
1 BR | Jun. 12, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
15
$2,900
1416 Sigsbee St
Grand Rapids, MI
4 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
17
$2,750
1215 Dunham St
Grand Rapids, MI
5 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
17
$2,600
4475 Chesterfield Blvd
Grand Rapids, MI
5 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
5
$3,100
951 Butterworth SW
Grand Rapids, MI
4 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
West Fulton
13
$1,357 - 2,800
Central Park Place
2875 Central Park Way Ne Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
18
$3,000
210 Marion Ave
Grand Rapids, MI
5 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
  1. Home
  2. Grand Rapids
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Grand Rapids, MI on Rentable.co?

There is 1 apartment under $500 in Grand Rapids currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Grand Rapids?

Rentable.co has 4 studio apartments under $500 available for rent in Grand Rapids.

How many one-bedroom apartments under $500 are available in Grand Rapids?

Rentable.co has 23 one-bedroom apartments under $500 available for rent in Grand Rapids.

How many two-bedroom apartments under $500 are available in Grand Rapids?

Rentable.co has 12 two-bedroom apartments under $500 available for rent in Grand Rapids.

Can I afford a apartment under $500 in Grand Rapids, MI?

To comfortably afford a apartment under $500 in Grand Rapids based on average rent prices, a household would need an annual income of $17,000.

Apartments Under $500 in Grand Rapids, MI: April Rental Information

Welcome to the April 2026 Grand Rapids Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts provide an in-depth analysis of the key findings and figures for the Grand Rapids rental landscape.

Our experts analyze the inventory trends for apartments under $500, including the overall market rent-distribution, availability by bedroom count, and month-over-month comparisons, in Grand Rapids and its surrounding areas. This summary also offers valuable insights into the available features and amenities, as well as the different location options for apartments under $500 in Grand Rapids.

Whether you're a budget-conscious renter or simply looking for an affordable option in Grand Rapids, this report will give you a comprehensive overview of the current rental market and help you make an informed decision. Stay tuned for the April 2026 Grand Rapids Apartment Report for all the latest information on apartments within your desired price range.
0 7 15 22 30 <$1,000 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680 $1,760 $1,840 $1,920 $2,000 $2,080 $2,160
This month, the typical cost to rent a one-bedroom apartment in Grand Rapids stands at $1,340, with the majority falling between $920 and $1,860. Out of the 2,251 one-bedroom apartments currently on the market in Grand Rapids, 21 are priced below $500, accounting for 1% of the total available one-bedroom units in Grand Rapids.

Available Apartments Under $500: Grand Rapids vs. Surrounding Areas

Grand Rapids, MI
Holland, MI
6
4
In April 2026, Rentable has 15 available apartments under $500 in Grand Rapids and its surrounding cities. This chart provides a comprehensive overview of the rental market in the area, allowing prospective renters to easily compare prices and availability in nearby cities. The cities included in this chart are Middleville, Kentwood, Belding, Rockford, Coopersville, Walker, Wayland, Grandville, Greenville, Lowell, East Grand Rapids, Wyoming, Zeeland, Sparta, Holland, Cedar Springs, Hudsonville, Pierson, Comstock Park, Kent City, Allendale, Belmont, Caledonia, Saranac, Ada, Hopkins, Hamilton, Marne, Byron Center, Alto, Sand Lake, Clarksville, and Freeport. With such a wide range of options, renters can find affordable housing in Grand Rapids and the surrounding area.

Apartments Under $500 Now vs. Last Month: Grand Rapids and Surrounding Areas

City Apartments Under $500 in April M/M % Change
Grand Rapids, MI 6 +0.94%
Holland, MI 4 +1.0%
Kentwood, MI 1 +1.0%
Allendale, MI 1 +1.0%
Sand Lake, MI 1 +1.0%
Cedar Springs, MI 1 +1.0%
Wyoming, MI 1 +0.8%

Looking for Apartments Under $500 in Grand Rapids?

Available apartments under $500 239
Top amenities Dishwasher, Refrigerator, Garbage Disposal, Range / Oven, Off Street Parking
Pet friendly 6
1 Bedroom 3
2 Bedroom 5
3 Bedroom 2
Square footage 546 - 1,230
Browse Grand Rapids Apartments
Grand Rapids Apartments by Neighborhood
Grand Rapids Apartments by Bedrooms
Grand Rapids Apartments by Affordability
Grand Rapids Apartments with Amenities
Grand Rapids Apartments by Type
Colleges Near Grand Rapids
Grand Rapids Apartments by Zip Code