5+ Days Ago
Highlights
- Large windows
- Shared laundry
- Private balcony/deck
- Garage parking
Location
507 Eastern Ave Ne #2, Grand Rapids, MI 49503, USA|Midtown
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Property Overview
Large windows and a private balcony/deck create bright, comfortable living spaces, complemented by the convenience of shared laundry and garage parking. The location places residents about half a mile from a well-rated middle school, making it appealing for those who value nearby educational options.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Less expensive
Great for
Social life
Pet owners
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 507 Eastern Ave Ne #2
Sweet deal!
This listing is 21% below the median price for 2 bedroom apartments in Midtown.
Bright 2-Bedroom Upper Unit with Balcony Near Medical Mile NE Grand Rapids Welcome to this inviting 2-bedroom, 1-bath upper unit located at 507 Eastern Ave NE, Unit 2. This unit offers abundant natural light, large windows, and a private balcony/deck, creating a bright and comfortable living space. Conveniently located just minutes from downtown, major highways, bus routes, and the Medical Mile, this home is ideal for commuters and healthcare professionals. Enjoy easy access to Michigan Street's bars, restaurants, and local amenities, all while living in a quiet residential setting. Unit Features: 2 Bedrooms | 1 Bathroom Upper-level unit Private balcony/deck Large windows with excellent natural light Garage parking Shared laundry in basement Location Highlights: Minutes from US-131 & I-196 Close to bus stops and public transit Quick access to Medical Mile & downtown Near Michigan Street dining and nightlife Rent & Fees: Rent: $1,350/month Security Deposit: $2,025 Non-refundable Cleaning Fee: $320 Non-refundable Pet Fee (if applicable): $200 Water/Sewer & Trash included Tenant responsible for gas & electric This upper unit offers a bright, comfortable layout in one of NE Grand Rapids' most convenient locations.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 507 Eastern Ave Ne, Grand Rapids, MI 49503, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
Address details
| Neighborhood | Midtown |
|---|---|
| Zip code | 49503 |
| Type | Apartment for rent |
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Rent trends in Midtown
2-bedroom apartments at 507 Eastern Ave Ne #2 cost about 21% less than the average rent price for 2-bedroom apartments in Grand Rapids.
Median rents as of May 23 2026.
Midtown
Grand Rapids
| Month | Median Rent |
|---|---|
| June 2024 | $1,579 |
| July 2024 | $1,618 |
| August 2024 | $1,587 |
| September 2024 | $1,505 |
| October 2024 | $1,544 |
| November 2024 | $1,574 |
| December 2024 | $1,593 |
| January 2025 | $1,591 |
| February 2025 | $1,597 |
| March 2025 | $1,608 |
| April 2025 | $1,582 |
| May 2025 | $1,600 |
| June 2025 | $1,567 |
| July 2025 | $1,517 |
| August 2025 | $1,528 |
| September 2025 | $1,497 |
| October 2025 | $1,495 |
| November 2025 | $1,532 |
| December 2025 | $1,578 |
| January 2026 | $1,530 |
| February 2026 | $1,514 |
| March 2026 | $1,534 |
| April 2026 | $1,596 |
| May 2026 | $1,587 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,774 |
| July 2024 | $1,822 |
| August 2024 | $1,787 |
| September 2024 | $1,780 |
| October 2024 | $1,737 |
| November 2024 | $1,761 |
| December 2024 | $1,785 |
| January 2025 | $1,727 |
| February 2025 | $1,658 |
| March 2025 | $1,678 |
| April 2025 | $1,803 |
| May 2025 | $1,850 |
| June 2025 | $1,822 |
| July 2025 | $1,817 |
| August 2025 | $1,814 |
| September 2025 | $1,795 |
| October 2025 | $1,798 |
| November 2025 | $1,825 |
| December 2025 | $1,808 |
| January 2026 | $1,833 |
| February 2026 | $1,840 |
| March 2026 | $1,799 |
| April 2026 | $1,781 |
| May 2026 | $1,733 |
Affordability calculator
Can I afford to live at 507 Eastern Ave Ne #2?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$54,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 2-bedrooms monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $1,750 | 2 bed | 1 bath | ||
| Last month | $1,750 | 2 bed | 1 bath |
Schools near 507 Eastern Ave Ne #2
Coit Arts Academy
617 coit ave ne
grand rapids, MI, 49503
PK, K-5Public
C+
Kent Education Center - Oakleigh
2223 gordon st nw
grand rapids, MI, 49504
K-8Public
C
Ridgemoor Park Montessori
2555 inverness rd se
grand rapids, MI, 49546
PK, K-6Public
C+
Lincoln School
860 crahen ave ne
grand rapids, MI, 49525
K-12Public
Lincoln Developmental Center
862 crahen ave ne
grand rapids, MI, 49525
K-12Public
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Internet available near 507 Eastern Ave Ne #2
Getting around Grand Rapids near 507 Eastern Ave Ne #2
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 507 Eastern Ave Ne #2, Grand Rapids
Groceries
3/10
The nearest general grocery store is within a 20-to-30 minute walk.
Shopping
5/10
Some fashion stores are within walking distance.
Cafes
4/10
The closest café is within a 15-minute walk, and there are some other cafés within walking distance.
Restaurants
6/10
Several restaurants are within a short walk.
Primary schools
7/10
The closest elementary school is within a 10-to-15-minute walk.
High schools
7/10
The closest high school is within a 10-to-15-minute walk.
Parks
6/10
Some parks in the area.
Nightlife
4/10
Some bars are within walking distance.
Other units at this address
507 Eastern Ave Ne, Grand Rapids, MI
507 Eastern Ave Ne Grand Rapids, MI
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2 Beds, 1 Bath
2 Beds
1 Bath
$1,750
Air Conditioning • On-Site Laundry
Occupied
1
2 Beds
1 Bath
$1,750
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