Apartments Under $500 in Grand Rapids, MI

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

All Apartments in Grand Rapids, MI

30 Results
18
$1,197 - 1,597
45 Lexington Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
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Swan
19
$1,928 - 2,428
5.0
601 Bond Ave NW Grand Rapids, MI
1 - 2 BR | Jul. 22, 2026
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Virtual Tour
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
29
$680 - 999
200 Ionia Ave. Nw Grand Rapids, MI
2 - 4 BR | Available Now
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Furnished
Dog Friendly
Air Conditioning
Fitness Center
Dishwasher
30
$1,651 - 3,789
414 Benson Ave NE Grand Rapids, MI
1 - 3 BR | Available Now
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Luxury
Covered Parking
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Balcony/Deck/Patio
Disability Access
15
$1,765 - 2,189
538 Bond Ave NW Grand Rapids, MI
1 BR | Available Now
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Luxury
Air Conditioning
Covered Parking
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Balcony/Deck/Patio
2
Call for Pricing
10 Delaware SW Grand Rapids, MI
1 - 2 BR | Ask for Availability
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Senior Community
1
$3,100
48 Straight Ave Grand Rapids, MI
3 BR | Available Now
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House
Air Conditioning
Storage
Disability Access
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1
$3,100
256 Dickinson St SW Grand Rapids, MI
3 BR | Available Now
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House
29
$1,274 - 2,850
900 Leonard St NW Grand Rapids, MI
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
30
$1,150 - 1,350
2350 43rd St SE Grand Rapids, MI
1 - 2 BR | Available Now
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Air Conditioning
Surface Parking
Dishwasher
50
$1,519 - 2,209
201 Michigan St NW Grand Rapids, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
18
$1,372 - 4,606
4100 Whispering Ln Ne Grand Rapids, MI
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
141
$1,709 - 2,309
5012 Verdure Pkwy Grand Rapids, MI
1 - 2 BR | Jul. 31, 2026
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Luxury
Air Conditioning
Covered Parking
Surface Parking
In Unit Laundry
45
$1,495 - 2,345
3359 Ridgeview Dr NW Grand Rapids, MI
1 - 2 BR | Available Now
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Air Conditioning
Surface Parking
In Unit Laundry
Dishwasher
Pool
7
$1,460 - 2,250
820 Monroe Ave NW Grand Rapids, MI
Studio - 2 BR | Aug. 14, 2026
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
10
$1,969 - 2,549
1919 Bayou Ct NE Grand Rapids, MI
2 BR | Aug. 15, 2026
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Dog Friendly
Cat Friendly
Covered Parking
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35
$1,535 - 3,890
201 W Fulton St Grand Rapids, MI
1 - 2 BR | Available Now
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Luxury
Covered Parking
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Pool
57
$950 - 1,435
936 Four Mile Road Nw Grand Rapids, MI
1 - 2 BR | Available Now
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Air Conditioning
Covered Parking
Balcony/Deck/Patio
Fitness Center
Dishwasher
17
$2,550
Grand Rapids, MI
5 BR | Aug. 15, 2026
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Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
9
$2,300 - 2,600
Grand Rapids, MI
3 - 4 BR | Aug. 24, 2026
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
West Fulton
15
$2,895
Grand Rapids, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Belknap Lookout
43
$1,250 - 1,350
2400 43rd St SE Grand Rapids, MI
1 - 2 BR | Available Now
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Air Conditioning
Surface Parking
Dishwasher
18
$1,489 - 2,038
2110 Woodwind Dr SE Grand Rapids, MI
1 - 2 BR | Available Now
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Luxury
Section 8
Air Conditioning
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22
$1,246 - 1,885
1640 S. Greenfield Circle NE Grand Rapids, MI
1 - 2 BR | Jul. 8, 2026
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Heat Included
Dog Friendly
Cat Friendly
Section 8
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20
$1,950 - 2,250
4310 Pine Forest Blvd NE Grand Rapids, MI
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
10
$1,424
Grand Rapids, MI
2 BR | Available Now
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Storage
Disability Access
Heritage Hill
15
$1,585 - 1,880
740 Michigan St NE Grand Rapids, MI
1 - 2 BR | Sep. 8, 2026
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Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
11
$1,400 - 1,425
10 Commerce Ave SW Grand Rapids, MI
Studio | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
32
$1,150 - 2,625
234 Market Ave SW Grand Rapids, MI
Studio - 2 BR | Available Now
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Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Heartside
24
$1,321 - 1,900
1880 Stonebrook Dr Ne Grand Rapids, MI
2 - 3 BR | Available Now
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Dog Friendly
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  1. Home
  2. Grand Rapids
  3. Apartments Under $500

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

Welcome to the July 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 July 2026 Grand Rapids Apartment Report for all the latest information on apartments within your desired price range.
0 5 10 15 20 <$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
This month, the typical cost to rent a one-bedroom apartment in Grand Rapids stands at $1,490, with the majority falling between $950 and $1,930. Out of the 2,935 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
5
4
In July 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 July M/M % Change
Grand Rapids, MI 6 +1.06%
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%
Belmont, MI 0 +1.5%

Looking for Apartments Under $500 in Grand Rapids?

Available apartments under $500 438
Top amenities Refrigerator, Garbage Disposal, Range / Oven, Microwave, Elevator
Pet friendly 1
Studio 1
1 Bedroom 4
2 Bedroom 4
Square footage 526 - 965