7 Hours Ago
Highlights
Pet Friendly
Location
200 Ionia Ave Nw, Grand Rapids, MI 49503, USA
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Property Overview
The Lofts @ 5 Lyon is highly rated with an overall Zumper score of 8.2 out of 10, showcasing a strong balance of price and value at 8 out of 10. Its remarkable amenities earn a perfect score, while the location is rated 9 out of 10 for exceptional accessibility to local attractions and transport. Additionally, with detailed transparency contributing to a trustworthiness rating of 7 out of 10, this property stands out in the market and offers a valuable living experience highlighted by numerous photos.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
- Dishwasher
Great for
Wellness
Social life
Work-from-home
Floor plans
| 307-0 | Studio | 1 bath | 340 sqft | $1,050 /mo | |||
| 207-1 | 2 bed | 1 bath | 600 sqft | $945 /mo | |||
| 905-1 | 2 bed | 1 bath | 600 sqft | $975 /mo | |||
| 905-2 | 2 bed | 1 bath | 600 sqft | $975 /mo | |||
| 902-2 | 2 bed | 1 bath | 600 sqft | $1,010 /mo | |||
| 901-2 | 2 bed | 1 bath | 600 sqft | $1,025 /mo | |||
| 804-1 | 3 bed | 1 bath | 700 sqft | $840 /mo |
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Amenities for The Lofts @ 5 Lyon
Apartment Amenities
| Air Conditioning | Furnished |
| Hardwood Floor |
Appliances
| Dishwasher | Microwave |
| Range/Oven | Refrigerator |
Tech
| Cable Ready | High-Speed Internet |
Building
| Cats OK | Controlled Access |
| Dogs OK | Fitness Center |
| Onsite Laundry |
Grounds
| Gated Entry | Pet-Friendly Community |
Services
| Availability 24 Hours | On-Site Maintenance |
| On-Site Management | Professional Onsite Management |
Neighborhood
| On Bus Line |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 176 |
|---|
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About The Lofts @ 5 Lyon
The Lofts @ 5 Lyon - Price Per Bedroom is a Grand Rapids Apartment located at 200 Ionia Ave. Nw. The property features Studio - 3 rental units available starting at $840. Amenities include Dogs Ok, Cats Ok, Pet Friendly Community, and On-Site Laundry. Contact us for a showing.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.2
/10
Very GoodWith a solid 8.2 out of 10 overall, The Lofts @ 5 Lyon is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Lofts @ 5 Lyon has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, The Lofts @ 5 Lyon is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Lofts @ 5 Lyon stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Lofts @ 5 Lyon is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Lofts @ 5 Lyon does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Lofts @ 5 Lyon provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
The Lofts @ 5 Lyon is great for:
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 The Lofts @ 5 Lyon compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.4 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Grand Rapids
Studio apartments at The Lofts @ 5 Lyon cost about 17% less than the average rent price for studios in Grand Rapids.
If you decide to upgrade your space, you can expect 2-bedrooms at The Lofts @ 5 Lyon to be 34% less than the average for similarly sized apartments in Grand Rapids.
3-bedroom apartments at The Lofts @ 5 Lyon cost about 52% less than the average rent price for 3-bedroom apartments in Grand Rapids.
Median rents as of Oct 25 2025.
Grand Rapids
| Month | Median Rent |
|---|---|
| November 2023 | $1,002 |
| December 2023 | $1,009 |
| January 2024 | $1,060 |
| February 2024 | $1,100 |
| March 2024 | $1,101 |
| April 2024 | $1,163 |
| May 2024 | $1,141 |
| June 2024 | $1,146 |
| July 2024 | $1,191 |
| August 2024 | $1,190 |
| September 2024 | $1,195 |
| October 2024 | $1,255 |
| November 2024 | $1,248 |
| December 2024 | $1,235 |
| January 2025 | $1,213 |
| February 2025 | $1,222 |
| March 2025 | $1,230 |
| April 2025 | $1,218 |
| May 2025 | $1,237 |
| June 2025 | $1,201 |
| July 2025 | $1,201 |
| August 2025 | $1,240 |
| September 2025 | $1,265 |
| October 2025 | $1,272 |
Affordability calculator
Can I afford to live at 200 Ionia Ave Nw?
Bedrooms
Rent-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
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this studio monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Schools near The Lofts @ 5 Lyon
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 The Lofts @ 5 Lyon
Getting around Grand Rapids near 200 Ionia Ave Nw
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 200 Ionia Ave Nw, Grand Rapids
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
7/10
Several bars within a few minutes’ walk
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