Cheap Apartments for Rent in Grand Rapids, MI from $300 (150 Rentals)

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

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28 Jefferson Ave SE, Unit B
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925
1 Bedroom Apartment Available Now

28 Jefferson Ave SE, Unit B

28 Jefferson Ave SEGrand Rapids, MI 49503
Affordability
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Grand Central Lofts
$950 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$485 - $1,385
Required Monthly Fees
$465

Total Monthly Price
$950 - $1,850
Studio to 2 Bedroom Apartments Available Now

Grand Central Lofts

100 Commerce Ave SWGrand Rapids, MI 49503
Affordability
  • Verified
  • Utilities Included

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property at 921 4th St NW

$1,050 - $1,195

1 To 2 Bedroom Rentals

Available Mar 6

921 4th St 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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Ramblewood Apartments
$1,069 - $3,242
Total Monthly Price

Total Monthly Price

Base Rent
$1,034 - $3,207
Required Monthly Fees
$35

Total Monthly Price
$1,069 - $3,242
Studio to 3 Bedroom Apartments Available Now

Ramblewood Apartments

4277 Stonebridge Dr SWGrand Rapids, MI 49519
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  • Customer Reviewed
  • Utilities Included
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Corner Ridge Apartments
$1,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,070
Required Monthly Fees
$25

Total Monthly Price
$1,095
1 Bedroom Apartments Contact Us For Availability

Corner Ridge Apartments

3512 E Paris Ave SEGrand Rapids, MI 49512
Affordability
  • Verified
  • Customer Reviewed

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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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Southtown Lofts
$1,100 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,085 - $1,280
Required Monthly Fees
$15

Total Monthly Price
$1,100 - $1,295
1 Bedroom Apartments Available Now

Southtown Lofts

640 Eastern Ave SEGrand Rapids, MI 49503
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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.

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: 03/01/2026

Current apartment rentals in the Grand Rapids, MI area range in price from $640 to $25,000 with an overall median price of $2,112. The three Grand Rapids neighborhoods with the lowest median rent pricing are Alger Heights at $955, Madison Area at $1,100, and South East Community at $640. 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$1,590$95578
Madison Area$1,695$1,10012
South East Community$1,700$64039
Burton Heights$1,722$97536
Garfield Park$1,722$97532
South East End$1,772$95072
Eastgate$1,795$95562
Oakdale$1,795$64096
Franklin$1,822$92557
Belknap Lookout$1,842$640266

Cheapest Available Grand Rapids Apartments for Rent

 

The cheapest available apartment rental in Grand Rapids, MI is a Studio unit found at Northview Harbor - Grand Rapids, MI in the North Grand Rapids neighborhood priced from $925. Prairie Creek Apartments in the Byron Gaines Caledonia Cascade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Grand Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northview Harbor - Grand Rapids, MIArtisan (Studio)Studio,1BA$925
Prairie Creek Apartments1 Bed, 1 Bath - 544 sq ft1BR,1BA$949
The Globe Apartments1x1e1BR,1BA$975
Academy ManorStudioStudio,1BA$982
Westminster Meadows - Senior1 Bedroom1BR,1BA$1,015
Wingate ApartmentsStudioStudio,1BA$1,016
Eastland ApartmentsThe MonroeStudio,1BA$1,029
Freyling Mendels ApartmentsStudio ApartmentStudio,1BA$1,030
Peppercorn Apartments1 Bed, 1 Bath - 585 sq ft1BR,1BA$1,040

Best Value Apartments for Rent in Grand Rapids, MI

As of March 02, 2026 the best value apartment in the Grand Rapids area is the $0.65 price per square foot 1404 North Ave NE Model at 1404 North Ave NE, Unit 1404 North in the in the Belknap Lookout neighborhood starting from $1,300. The second greatest value Grand Rapids apartment is the Townhome Model at Burton East Apartments starting at $1,795 with a $1.00 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.
1404 North Ave NE, Unit 1404 North1404 North Ave NE2BR,1.5BA$0.65
Burton East ApartmentsTownhome3BR,2.5BA$1.00
11295 Sessions Dr NW2 Bedroom W/ Basement2BR,2.5BA$1.39
Bayberry Pointe ApartmentsThree Bedroom3BR,2BA$1.39
Rolling PinesSugar Pine2BR,1.5BA$1.18
601 MichiganTwo Bedroom2BR,2BA$1.42
Eastbrook Apartments2 Bedrooms, 1 Bathroom2BR,1BA$1.41
Danbury Place ApartmentsModel2BR,1BA$1.31
Hopson Flats2 Bedroom, 1 Bath (Rate Per Bed)2BR,1BA$0.96
Off Broadway Apartments - Price Per Bedroom4 Bed 2 Bath - Price Per Bed4BR,2BA$1.28

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 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!

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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 $1,040.

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

The cheapest apartment in Grand Rapids is Prairie Creek Apartments which is listed at $949, while the average apartment in Grand Rapids costs $2,112.

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 878 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 $258 which is $1,854 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.