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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 - 1,184
Hopson Flats
212 Cesar E Chavez Ave SW Grand Rapids, MI
2 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Heartside
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
15
$1,760 - 2,271
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 - 1,025
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
30
$1,581 - 3,797
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
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
19
$2,250
1769 Knapp St NE
Grand Rapids, MI
4 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
20
$4,200
1230 Wealthy St
Grand Rapids, MI
7 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
17
$3,100
1050 Veto St
Grand Rapids, MI
5 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
19
$3,200
306 Ball Park Blvd
Grand Rapids, MI
5 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
15
$1,800
547 Valley Ave
Grand Rapids, MI
3 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
22
$4,000
1030 Helen St NE
Grand Rapids, MI
5 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
21
$3,200
447 Martin Luther King Jr SE
Grand Rapids, MI
5 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
24
$1,900 - 2,000
314 Marion Ave
Grand Rapids, MI
2 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
16
$1,750 - 1,800
828 Bridge St
Grand Rapids, MI
2 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Swan
18
$2,250
1773 Knapp St
Grand Rapids, MI
4 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
18
$1,313 - 1,994
Ridgewood Apartments
2110 Woodwind Dr SE Grand Rapids, MI
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
22
$1,195 - 1,419
Greenfield Apartment Homes
Deal
1640 S. Greenfield Circle NE Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
18
$2,100
1135 W Leonard Ct
Grand Rapids, MI
4 BR | Jul. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
West Leonard
8
$1,400
1113 Powers Ave
Grand Rapids, MI
2 BR | Jul. 15, 2026
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
18
$2,250
1771 Knapp St
Grand Rapids, MI
4 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
25
$1,450 - 1,800
442 4Th St
Grand Rapids, MI
1 - 2 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
24
$2,600
257 Garfield Ave
Grand Rapids, MI
5 BR | Jun. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
18
$2,250
1773 Knapp St
Grand Rapids, MI
4 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
15
$2,100
1046 Hermitage St
Grand Rapids, MI
3 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
19
$2,600
226 Valley Ave
Grand Rapids, MI
5 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
In Unit Laundry
34
$1,080 - 3,140
234 Market Apartments
Deal
234 Market Ave SW Grand Rapids, MI
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
  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 $950 and $2,160. Out of the 2,167 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
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