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5+ Days Ago
Location
344 Commerce Ave SW, Grand Rapids, MI 49503, USA|Heartside-Downtown Grand Rapids
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 344 Commerce Ave SW
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Apartments in Grand RapidsHeartside-Downtown Grand Rapids 344 Commerce Ave SW, Grand Rapids, MI 49503, USA
Apartments in Grand RapidsHeartside-Downtown Grand Rapids 344 Commerce Ave SW, Grand Rapids, MI 49503, USAThe Peterlien Apartment Building was previously commercial space and has now been renovated into 6-one bedroom apartments. This building use to be home to the Peterlien Bicycle Company, which gave rise to its new name Peterlien Apartments. The building has been brought to a Silver LEED Certificiation Status. and boasts apartments with beautiful hardwood floors, central air-conditioning, electronic key access and in-unit washer and dryers. These apartments are located in the Heartside District just off of Wealthy Street close to the expressway and within walking distance to the hot spots in downtown Grand Rapids. TO APPLY: All applicants 18 years of age or older, will need to return the Pre-Application found below along with a $25 application fee payable by check, money order, credit/debit card to the Dwelling Place main office at 101 Sheldon Blvd Suite 2, Grand Rapids, MI 49503 **Resident selection criteria does apply Please visit www.dwellingplacegr.org for more information. Accepts Section 8.
Address details
| Neighborhood | Heartside-Downtown Grand Rapids |
|---|---|
| Zip code | 49503 |
| Type | Apartment for rent |
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Rent trends in Heartside-Downtown Grand Rapids
1-bedroom apartments at 344 Commerce Ave SW cost about 60% less than the average rent price for 1-bedroom apartments in Grand Rapids.
Median rents as of Nov 29 2025.
Heartside-Downtown Grand Rapids
Grand Rapids
| Month | Median Rent |
|---|---|
| December 2023 | $1,399 |
| January 2024 | $1,407 |
| February 2024 | $1,376 |
| March 2024 | $1,313 |
| April 2024 | $1,395 |
| May 2024 | $1,422 |
| June 2024 | $1,363 |
| July 2024 | $1,452 |
| August 2024 | $1,463 |
| September 2024 | $1,457 |
| October 2024 | $1,453 |
| November 2024 | $1,422 |
| December 2024 | $1,416 |
| January 2025 | $1,450 |
| February 2025 | $1,432 |
| March 2025 | $1,417 |
| April 2025 | $1,432 |
| May 2025 | $1,459 |
| June 2025 | $1,415 |
| July 2025 | $1,421 |
| August 2025 | $1,452 |
| September 2025 | $1,446 |
| October 2025 | $1,439 |
| November 2025 | $1,442 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,465 |
| January 2024 | $1,489 |
| February 2024 | $1,483 |
| March 2024 | $1,465 |
| April 2024 | $1,508 |
| May 2024 | $1,515 |
| June 2024 | $1,515 |
| July 2024 | $1,515 |
| August 2024 | $1,513 |
| September 2024 | $1,530 |
| October 2024 | $1,581 |
| November 2024 | $1,596 |
| December 2024 | $1,622 |
| January 2025 | $1,590 |
| February 2025 | $1,547 |
| March 2025 | $1,544 |
| April 2025 | $1,540 |
| May 2025 | $1,536 |
| June 2025 | $1,540 |
| July 2025 | $1,540 |
| August 2025 | $1,547 |
| September 2025 | $1,600 |
| October 2025 | $1,637 |
| November 2025 | $1,614 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 8 years ago | $661 |
Schools near 344 Commerce Ave SW
Kent Education Center - Oakleigh
2223 gordon st nw
grand rapids, MI, 49504
K-8Public
C
Lincoln School
860 crahen ave ne
grand rapids, MI, 49525
K-12Public
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Internet available near 344 Commerce Ave SW
Getting around Grand Rapids near 344 Commerce Ave SW
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 344 Commerce Ave SW, Grand Rapids
Groceries
9/10
The nearest general grocery store is within a 5-minute walk, and there are also some specialist food stores nearby.
Shopping
4/10
Some fashion stores are within walking distance.
Cafes
6/10
The closest café is within a 5-minute walk, and there are some other cafés within walking distance.
Restaurants
6/10
Several restaurants are within a short walk.
Primary schools
9/10
At least one elementary school within a 5-to-10-minute walk.
High schools
10/10
At least one high school within a 5-minute walk.
Parks
7/10
A medium-size park and some other smaller parks in the area.
Nightlife
4/10
Some bars are within walking distance.
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