Cheap Apartments for Rent in Grand Rapids, MI from $300 (112 Rentals)

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

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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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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property at 922 Hovey St SW

922 Hovey St SW

Grand RapidsMI49504

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Grand Rapids, MI Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Grand Rapids, MI

Pricing Updated: 06/13/2025

Current apartment rentals in the Grand Rapids, MI area range in price from $575 to $4,365 with an overall median price of $2,938. The three Grand Rapids neighborhoods with the lowest median rent pricing are Alger Heights at $980, Millbrook at $865, and Cheshire 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
Alger Heights$1,695$98013
Millbrook$1,745$86575
Cheshire$1,795$620114
Monroe North$1,862$620140
Downtown Grand Rapids$1,894$66055
Creston$1,895$620109
Center City$1,907$620150
West Grand Rapids$1,980$77925
Madison Area$2,000$89518
Heartside$2,025$660136

Cheapest Available Grand Rapids Apartments for Rent

 

The cheapest available apartment rental in Grand Rapids, MI is a 2 Beds unit found at Lexington School Apartments in the Center City neighborhood priced from $525. Leo & Alpine in the Belknap Lookout neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here is today’s list of the most affordable Grand Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lexington School Apartments2x12BR,1BA$525
Leo & Alpine1Bedroom1BR,1BA$660
Marsh Ridge - A Senior CommunityOne Bedroom1BR,1BA$903
Pine Oak ApartmentsApartment1BR,1BA$949
Wingate ApartmentsStudioStudio,1BA$968
Westminster Meadows - Senior1 Bedroom1BR,1BA$975
Arrowhead ApartmentsStudioStudio,1BA$980
Academy ManorStudioStudio,1BA$982

Best Value Apartments for Rent in Grand Rapids, MI

As of June 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 726 Lake Dr SE Model at 726 Lake Dr SE, Unit B starting at $1,700 with a $1.31 price per square foot in the Belknap Lookout 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
726 Lake Dr SE, Unit B726 Lake Dr SE2BR,1BA$1.31
Hopson Flats3 bed/Price per Bed3BR,1BA$0.65
The Neighborhood at EnglewoodBatchawana Renovated One BedroomOne Bath1BR,1BA$1.33
Danbury Place ApartmentsModel2BR,1BA$1.21
Burton Square ApartmentsTwo Bedroom2BR,1BA$1.29
Lexington School Apartments2x12BR,1BA$0.64
1402 North Ave NE, Unit 21402 North Ave NE1BR,1BA$1.29
Marsh Ridge - A Senior CommunityOne Bedroom1BR,1BA$1.34
Off Broadway Apartments - Price Per Bedroom4 Bed 2 Bath - Price Per Bed4BR,2BA$0.93

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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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 $982.

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

The cheapest apartment in Grand Rapids is Leo & Alpine which is listed at $660, while the average apartment in Grand Rapids costs $2,938.

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 560 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 $436 which is $2,502 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.

decorative image for The Local Experts Guide to the Best Affordable Neighborhoods in Grand Rapids, MI article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.