Madison Square
Solid value in a growing area
Median $220K·Walkability 5.6/10·Schools 3.9/10
Walking through this stretch feels unhurried—tree-lined streets with brick storefronts and wide sidewalks that invite lingering. Homes here range from compact Victorian-era cottages with original hardwood floors to early-1900s houses with high ceilings and architectural details that whisper of careful craftsmanship. You'll find renovated kitchens with stainless appliances, updated bathrooms, and the kind of well-maintained yards that suggest people actually stay put. A few blocks east, Grand Rapids downtown hums with its breweries, restaurants, and galleries—close enough to reach in minutes without feeling like you're living in the middle of it.
Why people love it here
$220K median
- 89 sales in last 12mo
Walkable for daily errands
- Taqueria San Jose: 4 min walk
- 14 places within a 10 min walk
Park-rich area
- 50 parks within 1 mile
- Rasberry Field: 9 min walk
- Unnamed bike path: 12 min bike
Conventional Mortgage Calculator
Median home price in Madison Square
Estimated Monthly Payment
$1,494/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
89 homes sold in Madison Square this year. Thinking of selling?
See what your home is worthWalkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Great Giant Supermarket
+1 more
Taqueria San Jose
Gladys' Grille
+1 more
My Place Bar
+1 more
Rasberry Field
Unnamed playground
Battjes Lake
Unnamed beach
Plaster Creek Trail
Wyoming Dog Park Dog Park
+1 more
Unnamed bike path
Butterworth Park Launch
Planet Fitness
+1 more
Madison/Hall (SB)
+1 more
CVS Pharmacy
+1 more
Madison Square Library
+1 more
daycare
Celebration Cinema Studio Park
Nearest Park
Rasberry Field
0.3 mi
Parks Nearby
50
within 1 mile
Based on 27 rated schools nearby
Range: 1/10 to 8/10
School District: Grand Rapids Public Schools
Crime in Madison Square is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Grand Rapids.
Grand Rapids crime & safety stats →To buy a median-priced Madison Square home (around $220,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $39k/year in household income to qualify — an estimated monthly payment of $1,463 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,463/mo | $39,021 |
| 10% (+PMI) | $1,685/mo | $44,925 |
| 5% (+PMI) | $1,759/mo | $46,900 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Multifamily for sale
Listings
1 building
Active / pending
Median Price
$205K
Per building
Price Per Unit
$103K
Median
Who actually lends in Madison Square, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$884/yr in electricity from a typical rooftop solar system
Produces ~6,451 kWh/yr · offsets ~61% of a typical home's use
City of Grand Rapids Water System
Regional water provider serving ~280,000 across Kent and Ottawa counties.
City of Grand Rapids Environmental Services (Water Resource Recovery Facility)
WRRF treats ~40 MGD of wastewater.
City of Grand Rapids Refuse & Recycling
City-run refuse/recycling cart program for residents.
Consumers Energy Co · ~13.7¢/kWh
Investor-owned utility serving the region.
Confirm by addressDTE Energy
DTE Gas serves much of Grand Rapids natural gas; verify by address.
Confirm by addressServices for Grand Rapids · Source: grandrapidsmi.gov
Utility, solar, and service details for Madison Square are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
🛒 Grocery(30)
Great Giant Supermarket
Grocery Store
Hall Street Party Store
Grocery Store
Grocery Store
+27 more within 5 miles
🍕 Restaurants(18)
Taqueria San Jose
Restaurant
Fast Food
Restaurant
Taqueria Mi Pueblo MI
Restaurant
Carnitas Chipicuaro
Restaurant
+13 more within 5 miles
☕ Coffee(17)
+14 more within 5 miles
🍺 Bars(20)
+17 more within 5 miles
🏫 Schools(28)
South High School
School
Jefferson School
Our Lady of Sorrows School
Saint Francis Xavier School
+23 more within 5 miles
💪 Gyms(11)
Fitness Center
8th Day Gym
Fitness Center
Fitness Center
+8 more within 5 miles
🐕 Dog Parks(8)
Dog Park in Kragt Plat Area
Dog Park
Wyoming Dog Park Dog Park
Dog Park
Downtown Westside Dog Park
Dog Park
+5 more within 5 miles
🚴 Trails(4)
+1 more within 5 miles
⛵ Boat Launches(3)
Boat Launch
Boat Launch
Boat Launch
🚌 Transit(30)
Transit Stop
Transit Stop
Transit Stop
+27 more within 5 miles
💊 Pharmacies(16)
+13 more within 5 miles
👶 Childcare(3)
📚 Libraries(12)
+9 more within 5 miles
Frequently asked about Madison Square
- What do homes cost in Madison Square?
- The median home value in Madison Square is about $220,000. Individual prices vary by street, size, and condition.
- How active is the Madison Square housing market?
- there are 20 homes for sale in Madison Square right now, and 89 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Madison Square?
- Madison Square is served by Grand Rapids Public Schools. Its highest-rated assigned school is City MiddleHigh (8/10).
- Is Madison Square walkable?
- Madison Square scores 5.6/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Madison Square
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