Cheap Apartments for Rent in Grand Rapids, MI from $440 (145 Rentals)

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

The Renter's Guide to Grand Rapids' Best Neighborhoods Near Major Employers

Working in Grand Rapids? Find the perfect neighborhood near your job. Our local guide covers the best places to rent near Steelcase, Corewell Health, GE Aerospace, and Honeywell.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 202 Leonard St NE

$1,050 - $1,200

1 To 2 Bedroom Rentals

Available Now

202 Leonard St NE

Grand RapidsMI49503

Learn what Locals Love About Renting in Grand Rapids, Michigan

Discover why Grand Rapids, Michigan, is a premier place to live and work. Explore the Grand Rapids Local Expert's guide to top-rated schools, world-class healthcare, vibrant food scene, and endless recreational activities.

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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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: 08/30/2026

Current apartment rentals in the Grand Rapids, MI area range in price from $440 to $4,693 with an overall median price of $1,611. The three Grand Rapids neighborhoods with the lowest median rent pricing are Allendale Olive Port Sheldon at $1,345, Tallmadge Wright Chester Polkton at $1,345, and Burton Heights at $1,385. 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
Allendale Olive Port Sheldon$1,345$57923
Tallmadge Wright Chester Polkton$1,345$57926
Burton Heights$1,385$44044
Garfield Park$1,385$44043
West Grand Rapids$1,398$1,1038
Westside Connection$1,415$66046
Alger Heights$1,448$44041
Millbrook$1,448$97548
South East Community$1,465$63741
East Grand Rapids$1,485$44062

Cheapest Available Grand Rapids Apartments for Rent

 

The cheapest available apartment rental in Grand Rapids, MI is a 1 Bed unit found at Shea Ravines in the Burton Heights neighborhood priced from $507. Grand Central Lofts in the Center City neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Grand Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shea Ravines1x11BR,1BA$507
Grand Central LoftsStudioStudio,1BA$950
Parkwood1 Bedroom 1 Bath 2nd Floor1BR,1BA$995
Burtons Landing Apartments0 Bed, 1 Bath - 442 sq ftStudio,1BA$1,045
Northview Harbor - Grand Rapids, MIHarbor Light1BR,1BA$1,049
Westminster Meadows - Senior1 Bedroom1BR,1BA$1,050
Peppercorn Apartments1 Bed, 1 Bath - 585 sq ft1BR,1BA$1,050
Prairie Creek Apartments1 Bed, 1 Bath - 544 sq ft1BR,1BA$1,056
Old Farm ShoresThe CottageStudio,1BA$1,065
Crossroads Apartments1 Bed, 1 Bath - 600 sq ft1BR,1BA$1,070

Best Value Apartments for Rent in Grand Rapids, MI

As of August 30, 2026 the best value apartment in the Grand Rapids area is the $1.17 price per square foot Townhome Model at Burton East Apartments in the in the Ridgemoor neighborhood starting from $2,099. The second greatest value Grand Rapids apartment is the Sugar Pine Model at Rolling Pines starting at $1,649 with a $1.27 price per square foot in the North Grand Rapids 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$1.17
Rolling PinesSugar Pine2BR,1.5BA$1.27
Westgate Village TownhousesTwo Bedroom Bath and Half2BR,1BA$1.27
726 Lake Dr SE, Unit Lake Dr Apartment726 Lake Dr SE2BR,1BA$1.42
Lamberton LakeThe Heron2BR,1BA$1.39
Danbury Place ApartmentsModel2BR,1BA$1.31
Hopson FlatsGrand2BR,1BA$1.06
Wimbledon Apartments2 Bed, 1 Bath - 901 sq ft2BR,1BA$1.42
Parkwood1 Bedroom 1 Bath 2nd Floor1BR,1BA$1.33
Off Broadway Apartments - Price Per Bedroom4 Bed 2 Bath - Price Per Bed4BR,2BA$0.99

Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan

Find your perfect student apartment near Aquinas College, Calvin University, Cornerstone University, and Grand Rapids Community College. Discover top neighborhoods for off-campus housing in Grand Rapids, MI.

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 $1,070.

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

The cheapest apartment in Grand Rapids is Shea Ravines which is listed at $507, while the average apartment in Grand Rapids costs $1,611.

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 940 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 $416 which is $1,195 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.

Helpful Local Expert Guides

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The Renter's Guide to Grand Rapids Best Neighborhoods Near Major Employers

Written by: Mike Heuer

My name is Mike, and I am your ApartmentHomeLiving.com guide for the greater Grand Rapids area.

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Learn what Locals Love About Renting in Grand Rapids, Michigan

Written by: Mike Heuer

The city of Grand Rapids has a growing population of about 203,000, while the greater metropolitan area, including the city, has about 1.2 million residents.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan

Written by: Mike Heuer

Aquinas College is a private Catholic school of higher education that focuses on liberal arts and was founded in 1886 by the Dominican Sisters of Grand Rapids.

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The Local Expert's 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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.