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
22
$640 - 1,118
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
$1,546 - 3,361
The Brix at Midtown
414 Benson Ave NE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
15
$1,760 - 2,205
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
29
$665 - 1,050
The Lofts @ 5 Lyon - Price Per Bedroom
Deal
200 Ionia Ave. Nw Grand Rapids, MI
Studio - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
19
$1,799 - 2,623
601 Bond
5.0
601 Bond Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
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
15
$2,900
1416 Sigsbee St
Grand Rapids, MI
4 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
21
$3,150
1200 Lake Michigan Dr
Grand Rapids, MI
6 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
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
19
$2,450
254 Valley Ave
Grand Rapids, MI
4 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
14
$1,800
1942 Ball Ave
Grand Rapids, MI
2 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
18
$2,000
3260 Essex St
Grand Rapids, MI
3 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
17
$2,650
4475 Chesterfield Blvd
Grand Rapids, MI
5 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
13
$1,400
248 National Ave
Grand Rapids, MI
2 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Balcony/Deck/Patio
18
$2,500
446 Henry Ave
Grand Rapids, MI
4 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
18
$2,100
301 Indiana Ave
Grand Rapids, MI
3 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
21
$1,280 - 1,695
Box Board Lofts
5.0
470 Market Avenue SW Grand Rapids, MI
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
8
$1,200
536 Lafayette Ave
Grand Rapids, MI
Studio | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
17
$1,950
523 Union Ave
Grand Rapids, MI
2 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
19
$2,850
533 Norwood Ave
Grand Rapids, MI
5 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
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
18
$2,800
228 Valley Ave
Grand Rapids, MI
5 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
12
$1,200
810 Hovey St
Grand Rapids, MI
2 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Swan
19
$2,495
918 Hovey St
Grand Rapids, MI
4 BR | Jul. 21, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
5
$1,975 - 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
17
$2,950
626 Atwood St
Grand Rapids, MI
5 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
14
$1,700
333 Eureka Ave
Grand Rapids, MI
2 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
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 16 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 37 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 37 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: December Rental Information

Welcome to the December 2025 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 December 2025 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 $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 $1,000 and $2,180. Out of the 2,169 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
4
4
In December 2025, 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 December M/M % Change
Grand Rapids, MI 4 +0.96%
Holland, MI 4 +1.0%
Kentwood, MI 1 +1.0%
Sand Lake, MI 1 +1.0%
Cedar Springs, MI 1 +1.0%

Looking for Apartments Under $500 in Grand Rapids?

Available apartments under $500 295
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 315 - 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