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Updated 3 hours ago

The Lofts @ 5 Lyon


200 Ionia Ave. Nw Grand Rapids, MI

2 - 4 Bed
•
1 Bath

600 - 900 Sq. Ft.

Available Now
Deal
$100 OFF move-in costs and FREE APPLICATIONS! You can earn $100 off your move-in cost AND have your application credited to your move-in costs if you move-in before April 30th, 2024! Terms, conditions, and exclusions apply. Contact the office for full details.
Studio • 1 Bath
$895 - $989
340 ft2
0 Available

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203-0
$895
Rented
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310-0
$895
Rented
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204-0
$989
Rented
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202-0
$989
Rented
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302-0
$989
Rented
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304-0
$989
Rented
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305-0
$989
Rented
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303-0
$989
Rented
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1 Bed • 1 Bath
$1,120 - $1,200
400 ft2
0 Available

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301-0
$1,120
Rented
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205-0
$1,120
Rented
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104-0
$1,140
Rented
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308-0
$1,120
Rented
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309-0
$1,120
Rented
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201-0
$1,120
Rented
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103-0
$1,140
Rented
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206-0
$1,120
Rented
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907-1
$1,200
Rented
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2 Beds • 1 Bath
$900 - $925
600 ft2
3 Available

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903-1
$925
Available Now
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102-2
$900
Available May 14th, 2024
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803-1
$920
Available Jun 14th, 2024
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View Rented Units
3 Beds • 1 Bath
$785 - $800
700 ft2
3 Available

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312-1
$800
Available Now
View
311-2
$785
Available Now
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311-1
$785
Available Now
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4 Beds • 1 Bath
$635 - $660
900 ft2
3 Available

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602-1
$635
Available Now
View
602-3
$635
Available Now
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602-2
$660
Available Now
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
98
Walker's Paradise
Transit Score®
66
Good Transit
Bike Score®
67
Bikeable
Amenities
On-site Laundry
Air Conditioning
Furnished
Fitness Center
Refrigerator
On Bus Line
Hardwood Floors
Availability 24 Hours
Cable Ready
Professional On-site Management
On-site Maintenance
Gated Entry
Secured Entry
High-speed Internet
Microwave
Range / Oven
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Fee:

350.00

Pet Rent:

25.00

Lease & Fees
Lease Length: None
Property details
Description

At The Lofts at 5 Lyon, located in Grand Rapids, Michigan, we offer stylishly designed apartments in a vibrant downtown neighborhood. With our clean modern architecture, quality finishes, flexible floor plan options, and generous offering of amenities, The Lofts at 5 Lyon is a totally modern downtown living experience.Our Grand Rapids apartments are available fully furnished with everything you need. We feature spacious interiors with private bedrooms, downtown views, fully-equipped kitchens, and convenient amenities like wireless internet, paid utilities, a state-of-the-art fitness center, and onsite laundry. Please note that our Floor Plan pricing is based on per bed pricing. Prices vary, please see the Leasing Office for details.Resident satisfaction is our first priority at The Lofts at 5 Lyon. We do our very best to make your life a little easier by providing simple to use online services that are quick, reliable, and secure. From paying your rent online to making a maintenance r

Additional Details
Total Unit Count: 176
Last Updated: Updated 3 hours ago
Contact Number: (833) 593-1737
Property manager information
ROCO Management LLC
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Office Hours
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
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Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Lofts @ 5 Lyon by bedroom type below.
2 Bedroom
Suggested income:
$32,900
per year
3 Bedroom
Suggested income:
$28,400
per year
4 Bedroom
Suggested income:
$23,100
per year
Rent report

The Lofts @ 5 Lyon Rent vs. Grand Rapids Average

 The Lofts @ 5 Lyon      Grand Rapids Average
2BR
$915
$1,642
$0
$550
$1,100
$1,650
$2,200
3BR
$790
$2,013
$0
$700
$1,400
$2,100
$2,800
4BR
$643
$1,976
$0
$650
$1,300
$1,950
$2,600

The Lofts @ 5 Lyon is asking 44% less than the average 2 bedroom apartment in Grand Rapids.

If you upsized to an average priced Grand Rapids 3 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Grand Rapids 1 bedroom apartment, you would pay 97% more per month.

The Lofts @ 5 Lyon provides 40% less square footage than the average Grand Rapids 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Lofts @ 5 Lyon
2BR $915 $1.50 $2,745
3BR $790 $1.10 $2,370
4BR $643 $0.70 $1,930
Grand Rapids Average
Studio $1,682 $1.90 $5,046
1BR $56,991 $85.30 $170,974
2BR $1,642 $1.70 $4,925
3BR $2,013 $1.50 $6,040
4BR $1,976 $1.40 $5,929

Availability in Grand Rapids

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 280 2BR units on the market in Grand Rapids. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 32% 36% 16% 5%
Available Units in Grand Rapids
Studio 45
1BR 247
2BR 280
3BR 126
4BR 42
Location
Nearby College
Nearby Hospitals
Name Distance
Spe CTR Um Health Butterworth Campus 0.22 mi.
Saint Mary's Health Care 0.67 mi.
Mary Free Bed Hospital & Rehabilitation Center 0.78 mi.
Nearby Fire Stations
Name Distance
Grand Rapids Fire Department 0.38 mi.
East Grand Rapids Department Of Public Safety 3.16 mi.
East Grand Rapids Department Of Public Safety 3.5 mi.
FAQs
Is this property currently leasing units?
Yes. There are 9 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 9 units available for move-in over the next 2 months. 7 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 600 to 900 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2, 3 and 4 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $635 to $925. The Lofts @ 5 Lyon has 2 bedroom units available starting at $900, 3 bedroom units available starting at $785, and 4 bedroom units available starting at $635.
Where is this property located?
This property is at 200 Ionia Ave. Nw in Grand Rapids, MI. It's 0.7 miles northwest from the center of Grand Rapids.
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