Cheap Apartments for Rent in Grand Rapids, MI from $300 (118 Rentals)

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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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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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property at 209 Valley Ave NW

$995 - $1,200

1 To 2 Bedroom Rentals

Available Now

209 Valley Ave NW

Grand RapidsMI49504

Check Out Grand Rapids’s Best Affordable Neighborhoods

Learn about Grand Rapids and the best places to live with original content written by our Local Expert Mike Heuer

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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: 01/13/2026

Current apartment rentals in the Grand Rapids, MI area range in price from $496 to $5,000 with an overall median price of $2,821. The three Grand Rapids neighborhoods with the lowest median rent pricing are Alger Heights at $925, Millbrook at $925, and South East Community at $650. 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
Alger Heights$1,760$92561
Millbrook$1,762$92585
South East Community$1,762$65044
West Grand$1,762$496103
West Leonard$1,850$496229
Westside Connection$1,850$496109
Heartside$1,900$650179
Center City$1,930$650212
Monroe North$1,930$496176
John Bell Park$1,969$496211

Cheapest Available Grand Rapids Apartments for Rent

 

The cheapest available apartment rental in Grand Rapids, MI is a 1 Bed unit found at Leonard Apartments in the Belknap Lookout neighborhood priced from $496. Lafayette 600-300 Pleasant SE in the Belknap Lookout neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Grand Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Leonard Apartments1 Bed1BR,1BA$496
Lafayette 600-300 Pleasant SE0BR/1.0BAStudio,1BA$750
Burtons Landing Apartments0 Bed, 1 Bath - 442 sq ftStudio,1BA$859
Dunbar Woods Apartments1 Bed, 1 Bath - 650 sq ft1BR,1BA$879
York Creek Apartments1 Bed, 1 Bath - 660 sq ft1BR,1BA$879
Oakview Apartments1 Bed, 1 Bath - 760 sq ft1BR,1BA$905
Woodfield Apartments1 Bed, 1 Bath - 670 sq ft1BR,1BA$909
Pineridge ApartmentsStudioStudio,1BA$910
Arrowhead ApartmentsStudioStudio,1BA$925
Northview Harbor - Grand Rapids, MIArtisan (Studio)Studio,1BA$925

Best Value Apartments for Rent in Grand Rapids, MI

As of January 13, 2026 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 3 Bedroom 1.5 Bath Apartment Model at Regency Park Apartments starting at $1,345 with a $0.97 price per square foot in the Ridgemoor 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
Regency Park Apartments3 Bedroom 1.5 Bath Apartment3BR,1.5BA$0.97
Rolling PinesSugar Pine2BR,1.5BA$1.16
217 Ghilda Pl NE, Unit 217 Ghilda217 Ghilda Pl NE2BR,1BA$1.13
1119 Albers St SW, Unit 21119 Albers St SW2BR,1BA$1.26
Hopson Flats2 Bedroom, 1 Bath (Rate Per Bed)2BR,1BA$0.92
239 Ann St NE, Unit 2239 Ann St NE2BR,1BA$1.22
Oakview Apartments1 Bed, 1 Bath - 760 sq ft1BR,1BA$1.19
Leonard Apartments1 Bed1BR,1BA$0.66
Off Broadway Apartments - Price Per Bedroom2 Bed 2 Bath - Price Per Bed2BR,2BA$1.27

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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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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Quick Rent Budget Calculator

How much rent can you afford?

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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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 $925.

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

The cheapest apartment in Grand Rapids is Leonard Apartments which is listed at $496, while the average apartment in Grand Rapids costs $2,821.

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 785 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 $245 which is $2,576 cheaper than the average rent for all rentals in Grand Rapids.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.