Zumper
modified
1 Day Ago

Highlights

  • Pet Friendly
  • Private balcony
  • Fully equipped kitchen
  • In-unit washer and dryer
  • Two bedroom two bathroom
  • Access to freeway
  • Two bedroom one bathroom

Location

740 Michigan St Ne, Grand Rapids, MI 49503, USA|Midtown
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Contact

Management

KMG Prestige

Leasing office

(844) 334-3308 ext. 1854

Open 

9:00 am–5:00 pm ET

Property Overview

Lofts on Michigan offers a strong mix of value, amenities, and convenience, with a 9/10 expert rating, top marks for price and amenities, and a 9/10 location score. It also features a private balcony, fully equipped kitchen, in-unit washer and dryer, and two-bedroom layouts, while nearby dining, pet services, community spaces, and freeway access support an active, convenient lifestyle.

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.

Zumper Expert Rating

9.0
Excellent
Lofts on Michigan is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • More space
  • Elevator

Great for

  • Pet owners
  • Social life

Floor plans

207-1B1B1 bed1 bath725 sqft$1,409 /moOne Bedroom One Bathroom
416-1B1B1 bed1 bath678 sqft$1,460 /moOne Bedroom One Bathroom
209- 1B1B1 bed1 bath677 sqft$1,460 /moOne Bedroom One Bathroom
210-1B1B1 bed1 bath678 sqft$1,485 /moOne Bedroom One Bathroom
410-1B1B1 bed1 bath678 sqft$1,495 /moOne Bedroom One Bathroom
211-1B1B1 bed1 bath678 sqft$1,505 /moOne Bedroom One Bathroom
208-1B1B1 bed1 bath677 sqft$1,535 /moOne Bedroom One Bathroom
213-1B1B1 bed1 bath678 sqft$1,580 /moOne Bedroom One Bathroom
206-1B1B1 bed1 bath678 sqft$1,580 /moOne Bedroom One Bathroom
205-1B1B1 bed1 bath678 sqft$1,582 /moOne Bedroom One Bathroom
314-1B1B1 bed1 bath677 sqft$1,585 /moOne Bedroom One Bathroom
306 & 406 -1B1B1 bed1 bath678 sqft$1,585 /moOne Bedroom One Bathroom
215-1B1B1 bed1 bath688 sqft$1,585 /moOne Bedroom One Bathroom
405-1B1B1 bed1 bath678 sqft$1,605 /moOne Bedroom One Bathroom
216-1B1B1 bed1 bath677 sqft$1,635 /mo1 unit availableOne Bedroom One Bathroom
218-2B1B2 bed1 bath784 sqft$1,599 /moTwo Bedroom Two Bathroom
303 2B1B2 bed1 bath1,084 sqft$1,699 /moTwo Bedroom One Bathroom
418-2B1B2 bed1 bath790 sqft$1,709 /moTop-floor, corner two-bedroom, one-bath apartment featuring a private balcony, in-unit washer and dryer, and a fully equipped kitchen.
217-2B1B2 bed1 bath856 sqft$1,735 /moTwo Bedroom Two Bathroom
201 Michigan2 bed1.5 bath1,094 sqft$1,759 /moTwo Bedroom One Half Bath, located on the corner
203-2B1B2 bed1 bath1,086 sqft$1,785 /moTwo Bedroom Two Bathroom
302-2B1.5B2 bed1.5 bath1,136 sqft$1,810 /moTwo Bedroom One Half Bath
204-2B1B2 bed1 bath1,015 sqft$1,835 /mo1 unit availableTwo Bedroom Two Bathroom
202-2B1.5B2 bed1.5 bath1,136 sqft$1,860 /moTwo Bedroom one half bath
304-2B1B2 bed1 bath1,017 sqft$1,885 /moTwo Bedroom Two Bathroom

Let's explore this property.

Amenities for Lofts on Michigan

Apartment Amenities

BalconyCorner Unit
Granite CountertopHot Water
Island or PeninsulaTrash Included
Utilities/Sewer

Appliances

In-Unit LaundryWasher and Dryer

Building

Cats OKControlled Access
Dogs OKElevator
Indoor Bicycle StorageRoof Deck
Smoke Free Building

Grounds

Assigned ParkingBBQ Area
Garage ParkingOutdoor Space
Roof Top Patio With GrillStorage

Services

24 Hour Emergency MaintenanceIndoor Mail Center
On-Site Management

Other

Cats and Dogs WelcomeCorporate Housing Available
Short Term Lease
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

$600

OPTIONAL FEES

Parking Policy

Garage Lot

Underground Parking Garage Onsite. Please call our leasing office for more information.

Garage Lot

Parking Fee

Monthly. 2 garage lots max. Underground Parking Garage Onsite. Please call our leasing office for more information.

$100

Dog Policy

Allowed
Limit2
Breed restrictionsYes

We welcome 2 pets per apartment home. We work with A Pleasant Dog, and are now qualified to accept all breeds who have received their Canine Good Citizen (CGC) certification. Please call our leasing office for our complete pet policy.

Cat Policy

Allowed
Limit2

Cat

Monthly Pet Fee

Monthly. 2 cats max.

$35

Pet Fee

One-time fee per pet.

$200

Dog

Monthly Pet Fee

Monthly. 2 dogs max.

$35

Pet Fee

One-time fee per pet.

$200

Questions about this property’s policies and fees?

Building details

Property details

Year built2014
Units54
Lease terms12–13 months
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About Lofts on Michigan

HomeApartments in Grand RapidsMidtown Lofts on Michigan

Residing in the Midtown Neighborhood, residents of Lofts on Michigan get to experience all the new and historic amenities this area has to offer. Located near the Medical Mile there is incomparable access to the freeway, neighborhood businesses, parks and the beloved Fulton Street Farmers Market. Please call us today for an appointment!


Year Built: 2014

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.
9.0
/10
Excellent
Lofts on Michigan is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated Lofts on Michigan
Price·10A 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.
Lofts on Michigan offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
Lofts on Michigan 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—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.
Lofts on Michigan 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Lofts on Michigan to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A 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 level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 4 highest rated

One of the best places to live in Grand Rapids! Jamie and other KMG staff are great, I wouldn’t want to live anywhere else.

Tyler Baker

Tyler Baker

Mar 15, 2022

Love it

Bradley Kotrba

Bradley Kotrba

Sep 07, 2019

We’re sharing just 4 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Lofts on Michigan is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 4 pet hospitals in the area
  • 1 dog park within 1 mile
  • 5 pet supply stores near the property

Social life

  • Community gathering spaces on-site (lounges, rooftops, etc.)
  • 114 restaurants within 1 mile of this property
  • A bustling neighborhood
  • Diverse age groups live in this area

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 Lofts on Michigan compares to other nearby properties.

Positives

More space
The 2-bedroom is 100 sqft larger than other listings nearby
Elevator
Improved accessibility features

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Rent trends in Midtown

1-bedroom apartments here are priced 2% higher than 1-bedrooms in Midtown.

If you decide to upgrade your space, you can expect 2-bedrooms at Lofts on Michigan to be 4% more than the average for similarly sized apartments in Midtown.

Median rents as of Jun 6 2026.
Midtown
Grand Rapids
A table of 1-bedroom apartment rental data trends in Grand Rapids
MonthMedian Rent
June 2024$1,415
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
December 2025$1,465
January 2026$1,488
February 2026$1,494
March 2026$1,493
April 2026$1,487
May 2026$1,464
June 2026$1,478
A table of 1-bedroom apartment rental data trends in Midtown
MonthMedian Rent
June 2024$1,575
July 2024$1,575
August 2024$1,574
September 2024$1,547
October 2024$1,517
November 2024$1,499
December 2024$1,480
January 2025$1,475
February 2025$1,511
March 2025$1,525
April 2025$1,575
May 2025$1,583
June 2025$1,587
July 2025$1,581
August 2025$1,572
September 2025$1,553
October 2025$1,495
November 2025$1,510
December 2025$1,545
January 2026$1,575
February 2026$1,585
March 2026$1,584
April 2026$1,569
May 2026$1,539
June 2026$1,505

Affordability calculator

Can I afford to live at 740 Michigan St Ne?

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

$58,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $58,400 annually to afford this 1-bedroom median monthly rent price of $1,460.
For more information on rent affordability, visit our rent calculator.

Schools near Lofts on Michigan

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

Ca Frost Environmental Science Academy Elementary School

1460 laughlin dr nw

grand rapids, MI, 49504

PK, K-5Public
B-
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Internet available near Lofts on Michigan

Neighborhood

Midtown | Grand Rapids, MI

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Grand Rapids near 740 Michigan St Ne

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 740 Michigan St Ne, Grand Rapids

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

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