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Highlights

  • Rent Special
  • Quality finishes
  • Flexible floor plans

Location

200 Ionia Ave Nw, Grand Rapids, MI 49503, USA
Hi! Let’s figure out if this property is right for you.

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Tour The Lofts @ 5 Lyon

Contact

Management

Acme Residential LLC

Leasing office

(844) 311-3497 ext. 2417

Open 

Tuesday 9:00 am–6:00 pm ET

Property Overview

The Lofts @ 5 Lyon offers a strong mix of value, convenience, and lifestyle appeal, with an 8.8 expert rating, top marks for price and amenities, and a 9 for location. It features quality finishes and flexible floor plans, along with nearby transit, walkability, fitness and wellness options, work-from-home conveniences, pet-related services, and abundant dining and cultural spots.

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

8.8
Very Good
With a solid 8.8 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 Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • Dishwasher

Great for

  • Work-from-home
  • Pet owners
  • Social life

Floor plans

4 Bedroom, 1 Bathroom - Price Per BedRoom1 bath900 sqft$680–$685 /mo5 units availableFour Bedroom, One Bathroom
3 Bedroom, 1 Bathroom - Price Per BedRoom1 bath700 sqft$845–$860 /mo4 units availableThree Bedroom, One Bathroom
2 Bedroom, 1 Bathroom - Price Per BedRoom1 bath600 sqft$974–$1,054 /mo3 units availableTwo Bedroom, One Bathroom

Let's explore this property.

Amenities for The Lofts @ 5 Lyon

Apartment Amenities

Air ConditioningCarpet
Central Air ConditioningFurnished
Hardwood FloorUtilities Included

Appliances

DishwasherEfficient Appliances
Garbage DisposalMicrowave
Refrigerator

Tech

High-Speed Internet

Building

Cats OKControlled Access
ElevatorFitness Center
Onsite LaundryResidents Lounge
Social Lounge

Grounds

Bike Storage (E-Bike Outlet Available)Gate
Storage

Services

24-Hour Vending Machine AccessOn-Site Maintenance
On-Site ManagementPackage Service

Neighborhood

Transportation
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

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Deposit

One-time. Refund Policy: 100%. Security Deposit.

$680–$1,054

OPTIONAL FEES

Cat Policy

Allowed

Cat

Cat Fee

One-time. 2 cats max. Refund Policy: Non-refundable.

$350

Cat Rent

Monthly. Refund Policy: Non-refundable.

$25

Questions about this property’s policies and fees?

Building details

Property details

Units176
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About The Lofts @ 5 Lyon

HomeApartments in Grand Rapids The Lofts @ 5 Lyon

Downtown Grand Rapids Living Starts HereLive in the middle of it all at The Lofts @ 5 Lyon. Located in the heart of Downtown Grand Rapids, our community puts dining, entertainment, education, nightlife, and major employers within walking distance. Choose from studio, one-, two-, three-, and four-bedroom apartments with all utilities included, high-speed internet, central air conditioning, efficient appliances, and flexible leasing options. Our multi-bedroom apartments are offered by the bedroom, giving you your own private space while enjoying the experience and convenience of shared living. Bring your own roommates or take advantage of our roommate matching option. Full-unit leasing may also be available based on availability. Downtown is outside your door. Your new home is inside. Contact our leasing team today to check availability and schedule your tour.


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.
8.8
/10
Very Good
With a solid 8.8 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 Price— so you can be assured your rent will come with a high standard of living.
How we rated The Lofts @ 5 Lyon
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.
The Lofts @ 5 Lyon 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.
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—cats 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·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 8 highest rated

Friendly interpersonal staff. Understanding workers with fast responding maintenance. Majority age of residents suits young adults. Typically quiet and fair prices

Avontae Young

Avontae Young

Mar 21, 2024

Michael and Lonnie are awesome. I believe that The Lofts provides a critically needed solution for many low-income persons and students. We need more opportunities and properties like The Lofts in our community.

Dr. Gregory Lawton

Dr. Gregory Lawton

Dec 05, 2023

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

The Lofts @ 5 Lyon is great for:

Work-from-home

  • High speed internet is an amenity
  • 3 internet service provider options nearby
  • Common areas for meetings or remote work
  • Utilities included in the rent

Pet owners

  • 2 dog parks within 1 mile
  • 3 pet grooming services nearby
  • 5 pet supply stores near the property

Social life

  • Areas nearby are accessible by walking
  • 237 restaurants within 1 mile of this property
  • 116 museums, art galleries, or cultural centers within 1 mile
  • Community gathering spaces on-site (lounges, rooftops, etc.)

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
Studio units are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 0.4 mile away
Dishwasher
Dishwasher available in kitchen
Elevator
Improved accessibility features
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
Package service
More secure storage for delivery

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

Median rents as of Sep 12 2026.
Grand Rapids
A table of studio rental data trends in Grand Rapids
MonthMedian Rent
September 2024$1,270
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
November 2025$1,277
December 2025$1,275
January 2026$1,294
February 2026$1,281
March 2026$1,287
April 2026$1,300
May 2026$1,311
June 2026$1,311
July 2026$1,304
August 2026$1,273
September 2026$1,254

Affordability calculator

Can I afford to live at 200 Ionia Ave Nw?

Bedrooms

Room

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

$33,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $33,800 annually to afford this room median monthly rent price of $845.
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

Ca Frost Environmental Science Academy Elementary School

1460 laughlin dr nw

grand rapids, MI, 49504

PK, K-5Public
B-

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

Kent ISD Deaf and Hard of Hearing

4300 costa ave ne

grand rapids, MI, 49525

PK, 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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