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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
22
$670 - 903
Hopson Flats
212 Cesar E Chavez Ave SW Grand Rapids, MI
2 - 4 BR | Available Now
Contact
Fitness Center
Heartside
18
$718 - 1,597
Lexington School
45 Lexington Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
In Unit Laundry
Dishwasher
Swan
16
$1,474
Edge Flats
35 Seward Ave NW Grand Rapids, MI
1 BR | May. 21, 2026
In Unit Laundry
Balcony/Deck/Patio
Swan
29
$680 - 1,246
The Lofts @ 5 Lyon - Price Per Bedroom
200 Ionia Ave. Nw Grand Rapids, MI
1 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Air Conditioning
Fitness Center
Dishwasher
19
$1,799 - 2,438
601 Bond
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
$1,577 - 4,471
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 - 2,270
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
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
20
$1,400
Bradford Station Apartments
255 Bradford St NE Grand Rapids, MI
Studio | Aug. 7, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
24
$1,190 - 2,325
Lofts on Grove
1359 Plainfield Ave NE Grand Rapids, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
In Unit Laundry
34
$1,613 - 1,983
The Lofts Apartments
26 Sheldon Ave SE Grand Rapids, MI
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
25
$640 - 950
Off Broadway Apartments - Price Per Bedroom
555 7Th St Grand Rapids, MI
Studio - 4 BR | Available Now
Contact
Air Conditioning
Covered Parking
Fitness Center
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
13
$1,319 - 2,947
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
20
$1,339 - 1,849
ReNew Millbrook Apartment Collection
4065 Pointe Owoods St Grand Rapids, MI
1 - 2 BR | May. 21, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
10
$1,950
13 Holland Ave
Grand Rapids, MI
4 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
45
$1,442 - 2,267
Green Ridge Apartments
3359 Ridgeview Dr NW Grand Rapids, MI
1 - 2 BR | Jun. 8, 2026
Contact
Air Conditioning
Surface Parking
In Unit Laundry
Dishwasher
Pool
15
$1,535 - 1,835
Lofts on Michigan
740 Michigan St NE Grand Rapids, MI
1 - 2 BR | Jul. 11, 2026
Contact
Dog Friendly
Cat Friendly
Covered Parking
32
$1,125 - 2,555
234 Market Apartments
234 Market Ave SW Grand Rapids, MI
Studio - 2 BR | Available Now
Contact
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Heartside
4
$1,400 - 2,300
Gallery Apartments
10 Commerce Ave SW Grand Rapids, MI
Studio - 2 BR | Jun. 18, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
141
$1,386 - 2,489
Meadowbrooke Apartment Homes
5012 Verdure Pkwy Grand Rapids, MI
Studio - 2 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
Surface Parking
In Unit Laundry
11
$1,300
3104 Coit Ave NE
Grand Rapids, MI
1 BR | Available Now
Contact
Storage
12
$2,500
325 Michigan Pl
Grand Rapids, MI
5 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
35
$1,635 - 3,670
The Plaza Apartments
Deal
201 W Fulton St Grand Rapids, MI
1 - 2 BR | Jun. 19, 2026
Contact
Luxury
Covered Parking
In Unit Laundry
Fitness Center
Pool
57
$1,015 - 1,355
The Orchards at Four Mile
5.0
936 Four Mile Road Nw Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Fitness Center
Dishwasher
12
$1,600 - 1,775
River Flats at 820 Monroe
820 Monroe Ave NW Grand Rapids, MI
1 BR | Jul. 10, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
10
$1,829 - 1,989
Mason Street
1919 Bayou Ct NE Grand Rapids, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
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 21 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 38 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 43 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: May Rental Information

Welcome to the May 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 May 2026 Grand Rapids Apartment Report for all the latest information on apartments within your desired price range.
0 12 25 37 50 <$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
This month, the typical cost to rent a one-bedroom apartment in Grand Rapids stands at $1,440, with the majority falling between $1,020 and $1,940. Out of the 2,841 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 May 2026, Rentable has 13 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 May M/M % Change
Grand Rapids, MI 6 +1.0%
Holland, MI 4 +1.0%
Kentwood, MI 1 +1.0%
Allendale, MI 1 +1.0%
Sand Lake, MI 1 +1.0%
Belmont, MI 1 +0.5%
Cedar Springs, MI 1 +1.0%
Wyoming, MI 1 +1.4%

Looking for Apartments Under $500 in Grand Rapids?

Available apartments under $500 295
Top amenities Refrigerator, Garbage Disposal, Range / Oven, Microwave, Elevator
Pet friendly 2
Studio 2
1 Bedroom 3
2 Bedroom 3
Square footage 315 - 728
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