Cheap Apartments for Rent in 49506
80 rentals
Use arrow keys to navigatePET FRIENDLY$955 - $1,355/mo
Studio-3 Beds
1-2 BathsRegency Park Apartments | 2518 Normandy Dr SE #68483,
Grand Rapids, MI 49506
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Use arrow keys to navigatePET FRIENDLY$1,100 - $1,450/mo1-2 Beds1-2 BathsIndian Village Apartments | 1960 Burton St SE #IVA40,
Grand Rapids, MI 49506
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PET FRIENDLY$1,595 - $1,925/mo1-2 Beds1 BathEastown Flats | 1400 Wealthy St SE #1415-313,
Grand Rapids, MI 49506
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Average Rent Trends in 49506
Rent in 49506 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,860 |
| Jul 2025 | $1,850 |
| Aug 2025 | $2,100 |
| Sep 2025 | $2,100 |
| Oct 2025 | $2,000 |
| Nov 2025 | $2,100 |
| Dec 2025 | $2,100 |
| Jan 2026 | $1,925 |
| Feb 2026 | $2,195 |
| Mar 2026 | $1,995 |
| Apr 2026 | $1,850 |
| May 2026 | $1,883 |
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 | $1,295 | $1,645 | $1,850 | $2,300 | $1,850 |
| Townhomes | — | $2,150 | — | — | $2,150 |
| Apartments and Condos | $1,395 | $1,639 | $1,800 | $3,100 | $1,500 |
| Houses | — | — | $2,150 | $2,300 | $2,300 |
Frequently Asked Questions about Rentals in 49506
- What is the average rent of an apartment in 49506?The average rent of an apartment in 49506 is $1,544 per month. This is about 20% lower than the national average.
- What is the average rent of a house in 49506?The average rent of a house in 49506 is $2,300 per month. This is about 19% higher than the national average.
- What is the average rent of a townhome in 49506?The average rent of a townhome in 49506 is $2,150 per month. This is about 11% higher than the national average.
- When is the average rent cheapest in 49506?In the last year, the average rent in 49506 was lowest in May 2025 when it was $1,795 per month.
- When is the average rent most expensive in 49506?In the last year, the average rent in 49506 was highest in Aug 2025 when it was $2,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 49506?The average rent of a 1 bedroom apartment in 49506 is $1,295 per month. That is about $295 more than the cost of a studio apartment.
- How many available rental listings are in 49506?There are 77 available rental listings in 49506.
- What are some cities near 49506?Some nearby cities include: East Grand Rapids, Grand Rapids, Kentwood, Wyoming, Northview, Walker. These cities may have more rental options to explore.