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
$649 - 1,181
Hopson Flats
212 Cesar E Chavez Ave SW Grand Rapids, MI
2 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Heartside
15
$1,760 - 2,255
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
19
$1,799 - 2,623
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
30
$1,581 - 3,406
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
29
$840 - 1,025
The Lofts @ 5 Lyon - Price Per Bedroom
200 Ionia Ave. Nw Grand Rapids, MI
2 - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
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
1
$3,200
Fully Renovated 4 Bed, 2 Bath Home Near Breton Village
1849 Covington Dr SE Grand Rapids, MI
4 BR | Jan. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
20
$1,494 - 2,146
Glen Oaks East Apartments
Deal
2353 Oak Forest Ln SE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Covered Parking
16
$2,300
1140 Jackson St
Grand Rapids, MI
4 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
17
$1,600
1115 Powers Ave
Grand Rapids, MI
3 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
18
$3,100
210 Marion Ave
Grand Rapids, MI
5 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
18
$2,700
206 Valley Ave
Grand Rapids, MI
5 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
15
$1,800
541 Norwood Ave
Grand Rapids, MI
3 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
14
$1,900
115 Gunnison Ave
Grand Rapids, MI
3 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
West Fulton
16
$2,100
933 Chatham Ave
Grand Rapids, MI
3 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
34
$1,423 - 2,028
The Lofts Apartments
Deal
26 Sheldon Ave SE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
25
$670 - 825
Off Broadway Apartments - Price Per Bedroom
555 7Th St Grand Rapids, MI
Studio - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
57
$1,500
301 Seward Ave
Grand Rapids, MI
1 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
17
$2,600
531 Fuller Ave
Grand Rapids, MI
5 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
14
$1,850
55 Fuller Ave
Grand Rapids, MI
3 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
16
$2,700
553 Pleasant St
Grand Rapids, MI
5 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
14
$1,850
55 Fuller Ave
Grand Rapids, MI
3 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
19
$2,500
354 Fuller Ave
Grand Rapids, MI
4 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Wealthy
17
$1,800
539 Norwood Ave
Grand Rapids, MI
3 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
21
$2,795
117 Lexington Ave
Grand Rapids, MI
4 BR | Jul. 14, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
12
$1,550
River Flats at 820 Monroe
820 Monroe Ave NW Grand Rapids, MI
1 BR | Mar. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
18
$1,321 - 1,682
Ridgewood Apartments
2110 Woodwind Dr SE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
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 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 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 46 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 $1,430, with the majority falling between $970 and $2,160. Out of the 2,166 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