Available July 2027. View this charming 3 bedroom, 2 1/2 bathroom house that was previously a train depot. This home is one of a kind, and you will be shocked at all the space. Located just off Leonard and Seward, this is a great location for downtown living and campuses. Positioned at the end of a cul de sac street, this is a 5 minute ride to Grand Valley's downtown campus. The inside has been totally renovated and includes large bedrooms and 2 1/2 bathrooms. Two of the bedrooms even have fireplaces with stone mantels. Tall ceilings, brand new high end appliances, new bathroom with whirlpool tub, custom kitchen, and a classy interior touch elevates this unit as an extremely popular rental.
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Property Summary
Property Type:
Apartment
Rental Fee:
$1,950
Bedrooms:
3 beds
Bathrooms:
2.5 baths
Size:
1,500 sqft
Pets:
Cats & dogs
Laundry:
In unit
Parking:
Yes
Available:
Inquire
ID:
84672464
Amenities
•Washer/Dryer In Unit
•Air Conditioning
•Parking
•Dishwasher
•Fireplace
•Garbage Disposal
•Microwave
•Refrigerator
Additional Details
This 3-bedroom, 2.5-bathroom apartment at 1047 Elizabeth Ave NW in Grand Rapids, MI 49504 rents for $1,950 a month. It has 1,500 square feet and is pet friendly. 1047 Elizabeth Ave NW was advertised by American Realty Property Management on October 30, 2026.
How the Rent Compares
At $1,950 a month, this apartment is close to the typical rent for 3-bedroom apartments and condos in Grand Rapids (about $1,850).
Typical $1,850This home $1,950
$1,460$2,300
From 77 three-bedroom apartments and condos listed in Grand Rapids on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,850Typical rent for 3-bedroom apartments and condos in Grand Rapids
This home was last listed for rent on RentalSource from November 2025 to January 2026 for $1,900. Today's rent is $50 higher.
Rent history for this home, newest first
Date
Event
Rent
Change
October 30, 2026
Listed for rent
$1,950+2.6%
+2.6%
January 3, 2026
Listing removed
$1,900
November 1, 2025
Listed for rent
$1,900+2.7%
+2.7%
January 31, 2025
Listing removed
$1,850
January 30, 2024
Listing removed
$1,800
March 18, 2023
Listing removed
$1,750
January 7, 2022
Listing removed
$1,500
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 1047 Elizabeth Ave NW?
Bedrooms
3 bedrooms
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$78,000 /year
With your chosen rent-to-income ratio, an annual income of $78,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,950 per month.