Luxury Apartments for Rent in 49503
206 rentals
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SPECIAL OFFERPET FRIENDLY$2,420 - $2,925/mo
2-3 Beds
3 BathsMichigan Meadows | 2233 Michigan St NE #2239,
Grand Rapids, MI 49503- APPLY INSTANTLY
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SPECIAL OFFERPET FRIENDLY$1,592 - $2,593/mo1-3 Beds1-2 BathsThe Brix at Midtown | 414 Benson Ave NE #1321,
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 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.