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The Lofts @ 5 Lyon


200 Ionia Ave. Nw Grand Rapids, MI

Updated 2 days ago
$500  -  $720
2 - 4 Bed
1 Bath
Available Now
Where You'll Live
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Floor plans
Rent Unit Bath Sq. Ft. Date Available
$895 #303-0 1 340 ft2 Unavailable
$895 #203-0 1 340 ft2 Unavailable
$895 #204-0 1 340 ft2 Unavailable
Rent Unit Bath Sq. Ft. Date Available
$985 #308-0 1 400 ft2 Unavailable
$985 #309-0 1 400 ft2 Unavailable
$1,015 #104-0 1 400 ft2 Unavailable
Rent Unit Bath Sq. Ft. Date Available
$715 #207-1 1 600 ft2 Now
$625 #807-2 1 600 ft2 Unavailable
$654 #904-2 1 600 ft2 Unavailable
$654 #904-1 1 600 ft2 Unavailable
$715 #306-2 1 600 ft2 Unavailable
$770 #803-1 1 600 ft2 Unavailable
$770 #807-1 1 600 ft2 Unavailable
$745 #102-1 1 600 ft2 Unavailable
$770 #805-1 1 600 ft2 Unavailable
$770 #803-2 1 600 ft2 Unavailable
View More
Rent Unit Bath Sq. Ft. Date Available
$720 #311-1 1 700 ft2 Now
$720 #311-2 1 700 ft2 Unavailable
$720 #311-3 1 700 ft2 Unavailable
$494 #804-2 1 700 ft2 Unavailable
$705 #312-2 1 700 ft2 Unavailable
$705 #312-3 1 700 ft2 Unavailable
Rent Unit Bath Sq. Ft. Date Available
$500 #605-2 1 900 ft2 Now
$585 #506-3 1 900 ft2 Now
$590 #808-2 1 900 ft2 Now
$445 #503-3 1 900 ft2 Unavailable
$610 #704-2 1 900 ft2 Unavailable
$525 #801-2 1 900 ft2 Unavailable
$470 #806-3 1 900 ft2 Unavailable
$590 #806-2 1 900 ft2 Unavailable
$499 #704-4 1 900 ft2 Unavailable
$585 #605-3 1 900 ft2 Unavailable
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Amenities
Pets
Dogs Ok
Cats Ok
Amenities
Air Conditioning
Dishwasher
Fitness Center
Refrigerator
Garbage Disposal
Hardwood Floors
Microwave
Range / Oven
Carpet
Laundry
On-site Laundry
Property Details
Description

At The Lofts at 5 Lyon, located in Grand Rapids, Michigan, we offer stylishly designed apartments in a vibrant downtown neighborhood. With our clean modern architecture, quality finishes, flexible floor plan options, and generous offering of amenities, The Lofts at 5 Lyon is a totally modern downtown living experience.

Pets
Breed Restrictions: Restricted dog breeds include: Pit Bulls & Staffordshire Terriers, Doberman Pinschers, Rottweilers, Chows, Great Danes, Presa Canarios, Akitas, Alaskan Malamutes, German Shepherds, Siberian Huskies, Wolf-hybrids, or a mix of any of the above.
Number Limit: We allow 2 pets max per unit.
Pet Fee: There is a $350 non-refundable pet deposit.
Pet Rent: Pet rent is $25/mo per pet.
Additional Details
Total Unit Count: 1
Last Updated: 2 days ago
Contact Number: (989) 270-0993
FAQs
Is this property currently leasing units?
Yes. There are 5 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 5 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 600 to 900 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2, 3 and 4 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $500 to $720. The Lofts @ 5 Lyon has 3 bedroom units available starting at $720, 4 bedroom units available starting at $500, and 2 bedroom units available starting at $715.
Where is this property located?
This property is at 200 Ionia Ave. Nw in Grand Rapids, MI. It's 0.7 miles northwest from the center of Grand Rapids.
Rent Report

Below are bedroom price comparisons between The Lofts @ 5 Lyon and the average Grand Rapids bedroom price.

The Lofts @ 5 Lyon is asking 47% less than the average 3 bedroom apartment in Grand Rapids.

If you upsized to an average priced Grand Rapids 4 bedroom apartment, you would pay 28% less per month.

If you downsized to an average priced Grand Rapids 2 bedroom apartment, you would pay 2% more per month.

The Lofts @ 5 Lyon provides 41% less square footage than the average Grand Rapids 3 bedroom apartment.

To comfortably afford renting a 3 bedroom unit at The Lofts @ 5 Lyon, a tenant should at least have an annual gross income of $25,920.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Lofts @ 5 Lyon
2BR $715 $1.20 $2,145
3BR $720 $1.00 $2,160
4BR $558 $0.60 $1,675
Grand Rapids Average
Studio $898 $1.90 $2,695
1BR $1,047 $1.50 $3,140
2BR $1,378 $1.40 $4,133
3BR $1,356 $1.10 $4,068
4BR $1,060 $1.00 $3,179

Availability in Grand Rapids

Knowing what units are available is important when finding the best deal. Property managers may be willing to give concessions if they have many vacant units.

Currently in Grand Rapids there are 262 2BR units available. If you're looking to negotiate, this may be your best option.

Available Units in Grand Rapids
Studio 28
1BR 206
2BR 262
3BR 92
4BR 33
Contact Property Manager
(989) 270-0993
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