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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
$650 - 1,065
Hopson Flats
212 Cesar E Chavez Ave SW Grand Rapids, MI
2 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Heartside
30
$1,605 - 4,756
The Brix at Midtown
414 Benson Ave NE Grand Rapids, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
19
$1,928 - 2,625
601 Bond
Deal
5.0
601 Bond Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
29
$685 - 1,054
The Lofts @ 5 Lyon - Price Per Bedroom
200 Ionia Ave. Nw Grand Rapids, MI
2 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
15
$1,770 - 2,265
Icon on Bond
5.0
538 Bond Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
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
13
$2,750
Available Now: 2, 3, And 4 Bedrooms Near Gvsu Pew Campus
851 Fulton St W Grand Rapids, MI
4 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Swan
13
$2,100
Available Now: 2, 3, And 4 Bedrooms Near Gvsu Pew Campus
851 Fulton St W Grand Rapids, MI
3 BR | Jul. 10, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Swan
13
$2,150
Available Now: 2, 3, And 4 Bedrooms Near Gvsu Pew Campus
851 Fulton St W Grand Rapids, MI
2 BR | Jul. 13, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Swan
13
$2,100
Available Now: 2, 3, And 4 Bedrooms Near Gvsu Pew Campus
851 Fulton St W Grand Rapids, MI
3 BR | Aug. 19, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
Swan
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
18
$1,488 - 2,300
Foote Hills Apartments - Grand Rapids, MI
4630 Common Way Dr SE Grand Rapids, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
14
$1,300
3241 Marshall Ave SE
Grand Rapids, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
14
$1,900
306 Grand Ave
Grand Rapids, MI
3 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
19
$2,900
238 Leyden Ave
Grand Rapids, MI
5 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
8
$1,350
1767 Knapp St
Grand Rapids, MI
2 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
12
$2,600
325 Michigan Pl
Grand Rapids, MI
5 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
5
$1,950 - 2,250
Northern Dell Commons
4310 Pine Forest Blvd NE Grand Rapids, MI
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
20
$1,249 - 2,139
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
11
$2,050
13 Holland Ave
Grand Rapids, MI
4 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
17
$3,400
616 Giddings Ave
Grand Rapids, MI
5 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
20
$2,800
579 Paris Ave
Grand Rapids, MI
5 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
20
$1,607 - 2,181
Glen Oaks East Apartments
2353 Oak Forest Ln SE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Covered Parking
20
$2,600
856 Lake Michigan Dr
Grand Rapids, MI
4 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
30
$1,489 - 2,470
Wyndham Hill
1701 Knapp St Ne Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
32
$1,500 - 1,800
1021 Alpine Ave NW
Grand Rapids, MI
2 - 3 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
14
$1,200
810 Hovey St
Grand Rapids, MI
2 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Swan
18
$2,800
228 Valley Ave
Grand Rapids, MI
5 BR | Jun. 15, 2026
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Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
  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 20 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 47 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: February Rental Information

Welcome to the February 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 February 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 $1,400, with the majority falling between $950 and $2,150. Out of the 2,121 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 February 2026, Rentable has 16 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 February M/M % Change
Grand Rapids, MI 6 +0.9%
Holland, MI 4 +1.0%
Kentwood, MI 1 +1.0%
Allendale, MI 1 +0.5%
Sand Lake, MI 1 +1.0%
Cedar Springs, MI 1 +1.0%
Wyoming, MI 1 +0.33%

Looking for Apartments Under $500 in Grand Rapids?

Available apartments under $500 299
Top amenities Dishwasher, Refrigerator, Garbage Disposal, Range / Oven, Off Street Parking
Pet friendly 8
Studio 2
1 Bedroom 3
2 Bedroom 6
Square footage 315 - 1,230
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