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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 - 1,112
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
22
$1,187 - 1,434
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
$1,317 - 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
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
21
$1,244
Stonebrook Townhomes I & II
1880 Stonebrook Dr Ne Grand Rapids, MI
2 BR | Mar. 5, 2026
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
In Unit Laundry
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
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
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
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
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
48
$1,576 - 2,897
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
20
$1,245 - 1,555
Richmond Hills Apartments
1422 Preston Ridge St Grand Rapids, MI
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
18
$1,510 - 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
17
$2,800
1418 Sigsbee St SE
Grand Rapids, MI
4 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Eastown
34
$1,070 - 3,135
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
4
$2,100
Gallery Apartments
10 Commerce Ave SW Grand Rapids, MI
2 BR | Feb. 9, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
13
$1,800
442 4Th St
Grand Rapids, MI
2 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
17
$2,250
1773 Knapp St
Grand Rapids, MI
4 BR | May. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
14
$1,200
103 Lexington Ave
Grand Rapids, MI
2 BR | Jul. 1, 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 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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