Updated 19 Hours Ago
Highlights
Pet Friendly
Location
740 Michigan St Ne, Grand Rapids, MI 49503, USA|Midtown
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Property Overview
Lofts on Michigan earns a strong overall rating with standout marks for price, location, and amenities, suggesting solid value and everyday convenience. It also stands out for a lively, walkable setting with many nearby restaurants and mixed-use spaces, though transit access is farther away than some renters may prefer.
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
More space
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1.5 bath | 678+ sqft | $1,525–$1,605 /mo | 3 units available | ||
| 2BR/1.0BA | 2 bed | 1.5 bath | 790+ sqft | $1,709–$1,950 /mo | 2 units available | ||
| 2BR/1.5BA | 2 bed | 1.5 bath | 1,094+ sqft | $1,795–$1,850 /mo | 2 units available | Lofts on Michigan - 302 |
Let's explore this property.
Amenities for Lofts on Michigan
Building
| Cats OK | Dogs OK |
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. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 54 |
|---|
About Lofts on Michigan
- Lofts on Michigan - 302
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Lofts on Michigan is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Lofts on Michigan has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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·8A 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.
With multiple in-demand amenities, Lofts on Michigan is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
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·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 Lofts on Michigan 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.
Lofts on Michigan 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.
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
Mar 15, 2022
Love it
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:
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 1-bedroom is 497 sqft larger than other listings nearby
- More space
- The 2-bedroom is 233 sqft larger than other listings nearby
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Rent trends in Midtown
1-bedroom apartments here are priced 27% higher than 1-bedrooms in Midtown.
If you decide to upgrade your space, you can expect 2-bedrooms at Lofts on Michigan to be on par with the average for similarly sized apartments in Midtown.
Median rents as of Nov 7 2026.
Midtown
Grand Rapids
| Month | Median Rent |
|---|---|
| November 2024 | $1,412 |
| 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 | $1,455 |
| July 2026 | $1,469 |
| August 2026 | $1,481 |
| September 2026 | $1,441 |
| October 2026 | $1,454 |
| November 2026 | $1,480 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,502 |
| 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 | $1,500 |
| July 2026 | $1,494 |
| August 2026 | $1,351 |
| October 2026 | $1,200 |
| November 2026 | $1,200 |
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
$61,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $61,000 annually to afford this 1-bedroom monthly rent price of $1,525.
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-
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
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
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
9/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
8/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
9/10
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
7/10
Large amount of park space nearby
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
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