Cheap Apartments for Rent in 49503
206 rentals
Use arrow keys to navigateAPPLY INSTANTLYFURNISHEDROOM FOR RENT
Use arrow keys to navigateROOM FOR RENT
Use arrow keys to navigateFURNISHED
Use arrow keys to navigateNEW - 1 DAY AGOPET FRIENDLYFURNISHED$680 - $1,246/mo
1-4 Beds
1 BathThe Lofts @ 5 Lyon - Price Per Bedroom | 200 Ionia Ave NW #403-3,
Grand Rapids, MI 49503
Use arrow keys to navigateAPPLY INSTANTLY
Use arrow keys to navigateNEW - 2 DAYS AGO
Use arrow keys to navigateAPPLY INSTANTLYROOM FOR RENT
FURNISHEDROOM FOR RENT
APPLY INSTANTLYROOM FOR RENT
PET FRIENDLYINCOME RESTRICTED$940 - $1,121/mo1-2 Beds1-2 BathsSerrano Lofts | 17 Williams St SW #e719a6f6b,
Grand Rapids, MI 49503
PET FRIENDLYINCOME RESTRICTED$940 - $1,495/mo1-3 Beds1-2 BathsDivision Park Apartments | 209 Division Ave S #dbe3d08e5,
Grand Rapids, MI 49503
NEW - 1 DAY AGOAPPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY$995 - $2,125/moStudio-2 Beds1-2 BathsLafayette Apartment Homes | 17 Lafayette Ave SE #N4,
Grand Rapids, MI 49503
NEW - 22 HRS AGOPET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLY
NEW - 18 HRS AGO
PET FRIENDLY$1,095 - $1,195/moStudio1 Bath636 Kellogg Street Apartment Homes | 636 Kellogg St SE #1,
Grand Rapids, MI 49503
PET FRIENDLYINCOME RESTRICTED$1,096 - $1,275/mo1-2 Beds1-2 Baths26 Cherry Street Apartments | 26 Cherry St SW #604,
Grand Rapids, MI 49503
PET FRIENDLYINCOME RESTRICTED$1,096 - $1,280/mo1-2 Beds1-2 Baths240 Ionia Avenue Apartments | 240 Ionia Ave SW #710,
Grand Rapids, MI 49503
APPLY INSTANTLY
PET FRIENDLY$1,129 - $1,279/moStudio-2 Beds1 BathHeritage Collection | 68 Ransom Ave NE #143-5,
Grand Rapids, MI 49503
NEW - 1 DAY AGOPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLY
NEW - 1 DAY AGOAPPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
NEW - 2 DAYS AGO
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY$1,195 - $1,525/moStudio-2 Beds1 BathHalf Century Apartments | 16 Jefferson Ave SE #7,
Grand Rapids, MI 49503
PET FRIENDLY
NEW - 1 DAY AGOAPPLY INSTANTLY
PET FRIENDLY
Save Search in 49503
49503Get emails when new homes match this search
Average Rent Trends in 49503
Rent in 49503 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,700 |
| Jul 2025 | $1,606 |
| Aug 2025 | $1,600 |
| Sep 2025 | $1,575 |
| Oct 2025 | $1,550 |
| Nov 2025 | $1,695 |
| Dec 2025 | $1,625 |
| Jan 2026 | $1,625 |
| Feb 2026 | $1,675 |
| Mar 2026 | $1,650 |
| Apr 2026 | $1,599 |
| May 2026 | $1,500 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,350 | $1,595 | $1,825 | $2,383 | $1,550 |
| Townhomes | $650 | $1,795 | $1,875 | $2,395 | $1,795 |
| Apartments and Condos | $1,375 | $1,595 | $1,896 | $1,972 | $1,500 |
| Houses | $925 | $1,500 | $1,800 | $2,400 | $2,300 |
Frequently Asked Questions about Rentals in 49503
- What is the average rent of an apartment in 49503?The average rent of an apartment in 49503 is $1,331 per month. This is about 31% lower than the national average.
- What is the average rent of a house in 49503?The average rent of a house in 49503 is $2,300 per month. This is about 19% higher than the national average.
- What is the average rent of a townhome in 49503?The average rent of a townhome in 49503 is $1,795 per month. This is about 7% lower than the national average.
- When is the average rent cheapest in 49503?In the last year, the average rent in 49503 was lowest in Oct 2025 when it was $1,550 per month.
- When is the average rent most expensive in 49503?In the last year, the average rent in 49503 was highest in Jun 2025 when it was $1,700 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 49503?The average rent of a 1 bedroom apartment in 49503 is $1,350 per month. That is about $151 more than the cost of a studio apartment.
- How many available rental listings are in 49503?There are 209 available rental listings in 49503.
- What are some cities near 49503?Some nearby cities include: East Grand Rapids, Grand Rapids, Walker, Comstock Park, Wyoming, Northview. These cities may have more rental options to explore.