Zumper
modified
2 Days Ago

Highlights

  • Pet Friendly
  • Two bedroom two bathroom
  • Access to freeway
  • Two bedroom one bathroom
  • One bedroom one bathroom

Location

740 Michigan St Ne, Grand Rapids, MI 49503, USA|Midtown
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Tour Lofts on Michigan

Contact

Management

KMG Prestige

Leasing office

(844) 334-3308 ext. 1854

Open 

Tuesday 9:00 am–5:00 pm ET

Property Overview

Lofts on Michigan offers a strong overall living experience, receiving an 8.7 expert rating and a competitive price rating of 9 out of 10, reflecting excellent value. With amenities rated 10 out of 10 and a location rating of 9 out of 10, residents enjoy premier facilities and convenient access to key destinations. The property is also pet-friendly, featuring nearby grooming services, hospitals, and outdoor spaces, adding to its appeal for those prioritizing a quality 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

8.7
Very Good
With a solid 8.7 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 Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elevator

Great for

  • Pet owners

Floor plans

209- 1B1B1 bed1 bath677 sqft$1,450 /moOne Bedroom One Bathroom
416-1B1B1 bed1 bath678 sqft$1,450 /moOne Bedroom One Bathroom
210-1B1B1 bed1 bath678 sqft$1,475 /moOne Bedroom One Bathroom
410-1B1B1 bed1 bath678 sqft$1,495 /moOne Bedroom One Bathroom
211-1B1B1 bed1 bath678 sqft$1,495 /moOne Bedroom One Bathroom
208-1B1B1 bed1 bath677 sqft$1,525 /moOne Bedroom One Bathroom
206-1B1B1 bed1 bath678 sqft$1,570 /moOne Bedroom One Bathroom
213-1B1B1 bed1 bath678 sqft$1,570 /moOne Bedroom One Bathroom
205-1B1B1 bed1 bath678 sqft$1,572 /moOne Bedroom One Bathroom
207-1B1B1 bed1 bath725 sqft$1,575 /mo1 unit availableOne Bedroom One Bathroom
314-1B1B1 bed1 bath677 sqft$1,575 /moOne Bedroom One Bathroom
306 & 406 -1B1B1 bed1 bath678 sqft$1,575 /moOne Bedroom One Bathroom
405-1B1B1 bed1 bath678 sqft$1,595 /moOne Bedroom One Bathroom
216-1B1B1 bed1 bath677 sqft$1,625 /moOne Bedroom One Bathroom
215-1B1B1 bed1 bath688 sqft$1,625 /mo1 unit availableOne Bedroom One Bathroom
217-2B1B2 bed1 bath856 sqft$1,725 /moTwo Bedroom Two Bathroom
418-2B1B2 bed1 bath790 sqft$1,730 /mo1 unit availableTwo Bedroom One Bathroom
218-2B1B2 bed1 bath784 sqft$1,749 /moTwo Bedroom Two Bathroom
203-2B1B2 bed1 bath1,086 sqft$1,775 /moTwo Bedroom Two Bathroom
302-2B1.5B2 bed1.5 bath1,136 sqft$1,800 /moTwo Bedroom One Half Bath
303 2B1B2 bed1 bath1,084 sqft$1,825 /mo1 unit availableTwo Bedroom One Bathroom
204-2B1B2 bed1 bath1,015 sqft$1,825 /moTwo Bedroom Two Bathroom
202-2B1.5B2 bed1.5 bath1,136 sqft$1,850 /moTwo Bedroom one half bath
201 Michigan2 bed1.5 bath1,094 sqft$1,850 /mo1 unit availableTwo Bedroom One Half Bath
304-2B1B2 bed1 bath1,017 sqft$1,875 /moTwo Bedroom Two Bathroom

Let's explore this property.

Amenities for Lofts on Michigan

Apartment Amenities

BalconyHot Water
Island or PeninsulaTrash Included
Utilities/Sewer

Building

Cats OKDogs OK
Elevator

Grounds

Garage ParkingRoof Top Patio With Grill

Other

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

Dog policy

Allowed 
Breed restrictionsYes
Limit2
Fee$200
Monthly Rent$35

Cat policy

Allowed 
Breed restrictionsYes
Limit2
Fee$200
Monthly Rent$35

Breed restrictions include:

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.

Parking

Garage Lot$100
Underground Parking Garage Onsite. Please call our leasing office for more information.

Required one-time fees

Security Deposit$600
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.
8.7
/10
Very Good
With a solid 8.7 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 Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Lofts on Michigan
Price·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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
  • 3 pet hospitals in the area
  • 1 dog park within 1 mile
  • 1 pet grooming service nearby

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

Elevator
Improved accessibility features

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Rent trends in Midtown

1-bedroom apartments here are priced 3% higher than 1-bedrooms in Midtown.

If you decide to upgrade your space, you can expect 2-bedrooms at Lofts on Michigan to be 1% less than the average for similarly sized apartments in Midtown.

Median rents as of Oct 4 2025.
Midtown
Grand Rapids
A table of 1-bedroom apartment rental data trends in Grand Rapids
MonthMedian Rent
October 2023$1,330
November 2023$1,349
December 2023$1,368
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$1,450
A table of 1-bedroom apartment rental data trends in Midtown
MonthMedian Rent
October 2023$1,575
November 2023$1,575
December 2023$1,573
January 2024$1,571
February 2024$1,512
March 2024$1,372
April 2024$1,529
May 2024$1,575
June 2024$1,569
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$1,503

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

$59,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this 1-bedroom median monthly rent price of $1,475.
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

Lincoln School

860 crahen ave ne

grand rapids, MI, 49525

K-12Public
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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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