Cheap Apartments for Rent in Grand Rapids, MI from $300 (149 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grand Rapids.

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 921 Davis Ave NW

921 Davis Ave NW

Grand RapidsMI49504

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Grand Rapids, MI Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Grand Rapids, MI

Pricing Updated: 10/13/2025

Current apartment rentals in the Grand Rapids, MI area range in price from $499 to $4,420 with an overall median price of $2,341. The three Grand Rapids neighborhoods with the lowest median rent pricing are Madison Area at $1,095, Alger Heights at $955, and Westside Connection at $620. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Grand Rapids Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Madison Area$1,447$1,09510
Alger Heights$1,562$95572
Westside Connection$1,699$62094
South East Community$1,732$64045
Creston$1,747$620108
West Grand$1,815$620105
Roosevelt Park$1,825$640188
West Leonard$1,825$620207
Black Hills$1,850$640161
Heartside$1,850$640185

Cheapest Available Grand Rapids Apartments for Rent

 

The cheapest available apartment rental in Grand Rapids, MI is a 1 Bed unit found at Parkwood in the Byron Gaines Caledonia Cascade neighborhood priced from $950. Arrowhead Apartments in the Ridgemoor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here is today’s list of the most affordable Grand Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkwood1 Bedroom 1 Bath Foxhole1BR,1BA$950
Arrowhead ApartmentsStudioStudio,1BA$975
Academy ManorStudioStudio,1BA$982
Westminster Meadows - Senior1 Bedroom1BR,1BA$1,015
Ramblewood ApartmentsAcornStudio,1BA$1,020
Eastland ApartmentsThe FullerStudio,1BA$1,020
Autumn Ridge Apartment HomesStudioStudio,1BA$1,030
Burtons Landing Apartments0 Bed, 1 Bath - 442 sq ftStudio,1BA$1,035
Peppercorn Apartments1 Bed, 1 Bath - 585 sq ft1BR,1BA$1,040

Best Value Apartments for Rent in Grand Rapids, MI

As of October 14, 2025 the best value apartment in the Grand Rapids area is the $1.00 price per square foot Townhome Model at Burton East Apartments in the in the Ridgemoor neighborhood starting from $1,795. The second greatest value Grand Rapids apartment is the 317 Union Ave SE Model at 317 Union Ave SE, Unit 2 starting at $1,600 with a $1.03 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Grand Rapids apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Burton East ApartmentsTownhome3BR,2.5BA$1.00
317 Union Ave SE, Unit 2317 Union Ave SE2BR,1.5BA$1.03
1394 Carriage Hill Dr SEKentwood 2bd room2BR,1BA$1.13
Danbury Place ApartmentsModel2BR,1BA$1.31
Hopson Flats2 Bedroom, 1 Bath (Rate Per Bed)2BR,1BA$0.93
239 Ann St NE, Unit 2239 Ann St NE2BR,1BA$1.22
Alpine Slopes Apartments1 Bed 1 Bath1BR,1BA$1.20
Parkwood1 Bedroom 1 Bath Foxhole1BR,1BA$1.27
Off Broadway Apartments - Price Per Bedroom3 Bed 2 Bath - Price Per Bed3BR,2BA$1.17
821 6th St NW, Unit #2 South821 6th St NW1BR,1BA$1.24

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Grand Rapids Overview

Grand Rapids is a vibrant city. The weather is cool but comfortable, the city has an interesting history, and the landmarks are beautiful. There is always plenty to do and many festivals keep the locals as well as tourists entertained year-round. Grand Rapids has many great vacation spots and there are plenty of available options for homes and apartments for rent in Grand Rapids to meet anyone's needs. Additionally, even for a bustling city, the traffic is manageable and the public transportation is excellent. All this combines to make living in a Grand Rapids apartment truly unique.

Why live in Grand Rapids, MI?

Grand Rapids is a unique city. The art and culture are vibrant, the cuisine is excellent, and the natural beauty is breathtaking. The downtown is home to great restaurants, clubs, and museums. ArtPrize is one of the world’s foremost art competition and happens every autumn in Grand Rapids. The wonderful beaches of Lake Michigan are also only a short distance away from the city. All of this combines to make Grand Rapids a wonderful city and makes finding the best Grand Rapids apartment to live in - a must.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Grand Rapids, MI Rentals by Map

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See the most popular apartments and homes in Grand Rapids, MI

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Grand Rapids, MI Apartments Map
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Getting Around Grand Rapids, MI

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

21 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Grand Rapids Apartments

What is a cheap apartment in Grand Rapids?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grand Rapids is under $1,040.

What is the price of a cheap apartment in Grand Rapids?

The cheapest apartment in Grand Rapids is Parkwood which is listed at $950, while the average apartment in Grand Rapids costs $2,341.

What types of apartments are the cheapest in Grand Rapids?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 767 regular apartments in Grand Rapids that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Grand Rapids?

Cheap apartments in Grand Rapids have an average cost of $321 which is $2,020 cheaper than the average rent for all rentals in Grand Rapids.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Local Experts Guide to the Best Affordable Neighborhoods in Grand Rapids, MI

Written by: Mike Heuer

I grew up near Grand Rapids and have visited the growing city and its surrounding area many times. It is a true jewel of southwestern Michigan and very close to Lake Michigan and many other great locales.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.