Wealthy & Sheldon
90 Wealthy St SE,
Grand Rapids, MI 49503
$1,300 - $1,800 | Studio - 2 Beds
Madison Area
Grand Rapids, MI
Madison Area - Grand Rapids, MI
Area Guide
A diverse mix of business and residences make the Madison Area unique
Up-and-Coming
•
Breweries
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Small Business
•
Exciting
•
Commercial activity dominates the western third of the Madison Area neighborhood, while residential streets fill the east side. Apartments and houses for rent can be found scattered throughout the residential zone of this community-oriented district. This neighborhood gives locals easy access to Downtown Grand Rapids, which sits just two miles to the northwest, but it also supports enough retailers to keep its residents busy with plenty to do and shop.
Downtown Market Grand Rapids, on the neighborhood’s west side, makes for a diverse setting of local shops and business, including breweries. There’s much to see and do in the Madison Area, you might find it hard to leave.
Rent Trends
As of March 2025, the average apartment rent in Madison Area is $1,109 for a studio, $1,106 for one bedroom, and $1,210 for two bedrooms. Apartment rent in Madison Area has increased by 0.5% in the past year.
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Studio
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1,000 sq ft
Average Sq Ft
-
$1,109/month
Average Rent
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1 BR
-
300 sq ft
Average Sq Ft
-
$1,106/month
Average Rent
-
2 BR
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1,500 sq ft
Average Sq Ft
-
$1,210/month
Average Rent
Transportation
84
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
48
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
63
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Parks and Recreation
- Grand Rapids Children's Museum
- Roger B. Chaffee Planetarium
- Grand Rapids Public Museum
- Highland Park
- John Ball Zoo
Commuter Rail
Airports
- Gerald R Ford International
Top Apartments in Madison Area
Houses for Rent in Madison Area
Property Management Companies
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.