Cheap Apartments for Rent in 49503
193 rentals
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SPECIAL OFFERPET FRIENDLY$1,095 - $1,475/mo
Studio-1 Bed
1 Bath636 Kellogg Street Apartment Homes | 636 Kellogg St SE,
Grand Rapids, MI 49503
SPECIAL OFFERPET FRIENDLY$1,100 - $2,125/moStudio-2 Beds1-2 BathsLafayette Apartment Homes | 17 Lafayette Ave SE,
Grand Rapids, MI 49503
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PET FRIENDLYINCOME RESTRICTED$1,215 - $1,235/mo2 Beds1-2 BathsDivision Park Apartments | 209 Division Ave S,
Grand Rapids, MI 49503
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SPECIAL OFFERPET FRIENDLY$1,260 - $2,539/moStudio-3 Beds1-2 BathsGateway at Belknap | 513 Clancy Ave NE,
Grand Rapids, MI 49503
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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 increased in Oct 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,528 |
| Jul 2026 | $1,500 |
| Aug 2026 | $1,500 |
| Sep 2026 | $1,550 |
| Oct 2026 | $1,650 |
Average Rent By Bedroom and Home Type
In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,450 | $1,562 | $1,900 | $2,200 | $1,595 |
| Townhomes | — | $1,400 | $1,800 | — | $1,465 |
| Apartments and Condos | $1,350 | $1,500 | $1,850 | $2,200 | $1,495 |
| Houses | $900 | $2,100 | $1,995 | $2,500 | $2,050 |
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 $1,419 per month. This is about 27% lower than the national average.
- What are the cheapest months to find an apartment to rent in 49503?Last year, the cheapest month to find an apartment to rent was Oct 2025 when it was $1,550 per month.
- How many cheap apartments are available in 49503?There are 109 apartments to rent that are cheaper than the city’s average rent of $1,595.
- 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 $1,450 per month. That is about $162 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 49503 - 313 Rentas | Trulia