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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
18
$1,197 - 1,597
Lexington School
45 Lexington Ave NW Grand Rapids, MI
1 - 2 BR | Available Now
In Unit Laundry
Dishwasher
Swan
29
$680 - 999
The Lofts @ 5 Lyon
Deal
200 Ionia Ave. Nw Grand Rapids, MI
2 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Air Conditioning
Fitness Center
Dishwasher
19
$1,928 - 2,428
601 Bond
5.0
601 Bond Ave NW Grand Rapids, MI
1 - 2 BR | Jul. 22, 2026
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
15
$1,765 - 2,189
Icon on Bond
5.0
538 Bond Ave NW Grand Rapids, MI
1 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
30
$1,651 - 3,789
The Brix at Midtown
414 Benson Ave NE Grand Rapids, MI
1 - 3 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Disability Access
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
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
11
$1,400 - 1,425
Gallery Apartments
10 Commerce Ave SW Grand Rapids, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
15
$1,585 - 1,880
Lofts on Michigan
740 Michigan St NE Grand Rapids, MI
1 - 2 BR | Sep. 8, 2026
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
32
$1,150 - 2,625
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
6
$2,200
1016 Sibley St NW
Grand Rapids, MI
4 BR | Sep. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
West Fulton
24
$1,220 - 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
45
$1,495 - 2,345
Green Ridge Apartments
3359 Ridgeview Dr NW Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
In Unit Laundry
Dishwasher
Pool
73
$1,529 - 2,375
The Crossings Apartments
1414 Eastport Dr SE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Fitness Center
Dishwasher
Pool
13
$1,327 - 3,036
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
34
$1,398 - 2,083
The Lofts Apartments
26 Sheldon Ave SE Grand Rapids, MI
1 - 2 BR | Aug. 7, 2026
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
25
$660 - 830
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
$1,424
329 Lyon St NE
Grand Rapids, MI
2 BR | Available Now
Contact
Storage
Disability Access
Heritage Hill
20
$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
27
$1,490 - 3,090
Studio Park Tower & Lofts
122 Oakes St Suite 120 SW Grand Rapids, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
30
$1,274 - 2,850
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
30
$1,150 - 1,350
Breton Grove II
2350 43rd St SE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Dishwasher
20
$1,559 - 3,429
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
$1,250
321 Fountain St NE
Grand Rapids, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Heritage Hill
15
$1,419 - 4,018
Aspen Lakes
1701 Knapp St Ne Grand Rapids, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
43
$1,250 - 1,350
Breton Grove
2400 43rd St SE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Dishwasher
50
$1,519 - 2,209
The Rowe
201 Michigan St NW Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
18
$1,489 - 2,038
Ridgewood Apartments
2110 Woodwind Dr SE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Luxury
Section 8
Air Conditioning
Covered Parking
In Unit Laundry
22
$1,246 - 1,885
Greenfield Apartment Homes
1640 S. Greenfield Circle NE Grand Rapids, MI
1 - 2 BR | Jul. 8, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
  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 11 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: 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
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