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  • 506 Prospect Ave SE

    Grand Rapids, MI 49503

    Apartment building
    2-7 beds

    Available units

    To contact, request a tour, or apply, select a unit below. Each unit has its own contact details.
    Price may not include required fees and charges. Price shown reflects the lease term provided for each unit.
    Unit
    , sortable column
    Sqft, sortable columnAvailable, sortable columnBase rent, sorted ascending
    Unit 1
    2 bd, 2 ba
    1,200
    Now
    Fees may apply
    $2,250

    What's special

    Additional storage areaExclusive driveway accessGenerous floor planDistinctive architectural detailsBeautiful architectureGenerous basement storageWalk-in closet
    Spacious 2-Bedroom, 2-Bath in Historic Heritage Hill | Private 2-Car Garage & In-Unit Laundry $2,250/month | 1,200 Sq. Ft. | Available October 13, 2026 Enjoy the charm of historic Heritage Hill with the space, convenience, and amenities of this inviting two-bedroom, two-full-bath lower-level residence. Located at 506 Prospect Avenue SE, this spacious home features soaring 9-foot ceilings, a generous floor plan, and distinctive architectural details that reflect the character of the neighborhood. Property Highlights * 2 bedrooms and 2 full bathrooms * Approximately 1,200 square feet of living space * Private two-stall garage and exclusive driveway access * In-unit washer and dryer not shared with the upstairs residence * Generous basement storage, including a walk-in closet and additional storage area * High ceilings and distinctive historic character * Dishwasher, refrigerator, range, and microwave * Pet-friendly accommodations for dogs and cats, subject to applicable fees and approval An Exceptional Grand Rapids Location Enjoy living in one of Grand Rapids' most distinctive historic neighborhoods. Heritage Hill offers beautiful architecture, neighborhood character, and convenient access to nearby restaurants, shops, and entertainment. Downtown Grand Rapids is just a short drive away, with additional dining and shopping opportunities in the surrounding Eastown area. Rental Details * Monthly rent: $2,250 * Security deposit: $3,300 * Lease term: 12 months * Available: October 13, 2026 * Minimum credit score: 650 * Gross monthly income requirement: $6,750 * Pet rent: $50 per pet/month * One-time pet fee: $200 per pet Schedule Your Private Showing Discover the space, storage, convenience, and historic charm this Heritage Hill residence has to offer. Contact us today to schedule a showing or submit your rental application through Hemlane.

    Facts, features & policies

    Unit features

    Appliances
    • Dishwasher
    • Refrigerator

    Neighborhood: Heritage Hill

    Areas of interest

    Use our interactive map to explore the neighborhood and see how it matches your interests.

    Travel times

    Getting around

    Walk Score®
     / 100
    Very Walkable
    Transit Score®
     / 100
    Good Transit
    Bike Score®
     / 100
    Bikeable

    Nearby schools in Grand Rapids

    Martin Luther King Leadership Academy
    Grades PK-8 • 0.4 miles
    3/10
    GreatSchools® Rating
    Test Score Rating
    2/10
    Student Progress Rating
    3/10
    Innovation Central High School
    Grades 9-12 • 0.9 miles
    4/10
    GreatSchools® Rating
    College Readiness Rating
    3/10
    Student Progress Rating
    5/10
    Grand Rapids University Preparatory Academy
    Grades 6-12 • 0.4 miles
    6/10
    GreatSchools® Rating
    Test Score Rating
    4/10
    College Readiness Rating
    8/10
    Student Progress Rating
    7/10

    Heritage Hill sits just east of downtown Grand Rapids, with tree-lined streets and a celebrated collection of historic homes that reflect the city’s 19th- and early-20th-century growth. The neighborhood’s architecture is a defining feature, and the Heritage Hill Historic District offers an easy way to appreciate its varied styles on foot. Winters are cold and snowy, while summers are warm, making nearby green spaces welcome year-round; the district’s parks include Pleasant Park, with open lawn and play space. Coffee shops, restaurants and everyday shopping are available nearby, with a wider mix of dining, arts and nightlife downtown. Walking and cycling work well for local trips, and Grand Rapids bus service connects the area to other parts of the city. Heritage Hill neighborhood rentals have a median rent of $1,495 per month and a typical range of $800 to $12,614.

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    Frequently asked questions

    Where is 506 Prospect Ave SE located, and what is the neighborhood like?

    506 Prospect Ave SE is located at 506 Prospect Ave SE in Heritage Hill, Grand Rapids, MI. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Wealthy Street Bakery, Palatte Coffee & Art, and Lantern Coffee Bar and Lounge.

    What hospitals and medical facilities are near 506 Prospect Ave SE?

    The closest hospitals and medical facilities to 506 Prospect Ave SE include Mercy Health Saint Mary's Campus (0.3 miles away), Peter M Wege Center (0.3 miles away), and Mercy Health St. Mary's Emergency and Trauma Center (0.4 miles away).

    What schools are assigned to 506 Prospect Ave SE?

    The schools assigned to 506 Prospect Ave SE include Martin Luther King Leadership Academy, Innovation Central High School, and Grand Rapids University Preparatory Academy.

    What are the grocery stores and everyday shopping options near 506 Prospect Ave SE?

    506 Prospect Ave SE is located near 3 grocery stores, including Downtown Market (0.5 miles) and Fulton Street Farmer's Market (1 mile). Additional shopping options, including Vertigo Music, are approximately 0.6 miles away.

    What colleges and universities are near 506 Prospect Ave SE?

    506 Prospect Ave SE is located within 0.7 miles of Sneden Hall - GRCC, 0.9 miles of GRCC ATC Building, and 1 mile of Cook Hall - GRCC.

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