Cheap Apartments for Rent in Grand Rapids, MI from $300 (98 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

property at 202 Leonard St NE

$1,050 - $1,200

1 To 2 Bedroom Rentals

Available Now

202 Leonard St NE

Grand RapidsMI49503

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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Atlantis House
4 Bedroom Apartments

Atlantis House

429-431 Washington StGrand Rapids, MI 49503
Corporate Housing
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Klingman Lofts
1 to 2 Bedroom Apartments

Klingman Lofts

400 Ionia Ave SWGrand Rapids, MI 49503
  • Utilities Included
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432 Fountain Apartments
1 to 2 Bedroom Apartments

432 Fountain Apartments

432 Fountain St NEGrand Rapids, MI 49503
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Stonegate
1 Bedroom Apartments

Stonegate

2900 Gardentown Dr SWGrand Rapids, MI 49519
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Holiday Gardens Leonard
2 Bedroom Apartments

Holiday Gardens Leonard

1210-1220 Northfield Ave NEGrand Rapids, MI 49505
  • Utilities Included
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Pineview Apartments
1 to 2 Bedroom Apartments

Pineview Apartments

4711 Walma Ave SEGrand Rapids, MI 49512
  • Utilities Included

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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600 Lafayette Ave SE
Studio to 1 Bedroom Apartments

600 Lafayette Ave SE

600 Lafayette Ave SEGrand Rapids, MI 49503
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Baker Lofts
1 to 2 Bedroom Apartments

Baker Lofts

40 Logan St SWGrand Rapids, MI 49503
  • Utilities Included
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Lafayette Apartments
Studio to 2 Bedroom Apartments

Lafayette Apartments

143-145 Lafayette Ave NEGrand Rapids, MI 49503
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Park Place Apartments
1 to 2 Bedroom Apartments

Park Place Apartments

2932 Marshall Ave SEGrand Rapids, MI 49508
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101 South Division Lofts
1 to 2 Bedroom Apartments

101 South Division Lofts

101 Division Ave SGrand Rapids, MI 49503
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Emerald Flats
Studio to 2 Bedroom Apartments

Emerald Flats

811 Emerald Ave NEGrand Rapids, MI 49503
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Lofts on Prospect
Studio to 2 Bedroom Apartments

Lofts on Prospect

253 Prospect Ave NEGrand Rapids, MI 49503
  • Utilities Included
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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.

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: 07/15/2026

Current apartment rentals in the Grand Rapids, MI area range in price from $440 to $9,950 with an overall median price of $3,218. The three Grand Rapids neighborhoods with the lowest median rent pricing are Westside Connection at $660, Alger Heights at $440, and Burton Heights at $440. 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
Westside Connection$1,565$66027
Alger Heights$1,792$44044
Burton Heights$1,845$44037
Garfield Park$1,845$44036
Tallmadge Wright Chester Polkton$1,917$5999
John Bell Park$1,956$634108
West Grand Rapids$2,075$1,0508
Allendale Olive Port Sheldon$2,090$5998
Downtown Grand Rapids$2,115$63466
Swan$2,115$63491

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 $505. 28 Jefferson Ave in the Center City neighborhood has the second lowest priced unit, which is a 1 Bed 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 Ravines1 Bedroom1BR,1BA$505
28 Jefferson AveA1BR,1BA$950
Grand Central LoftsStudioStudio,1BA$950
Crossroads Apartments1 Bed, 1 Bath - 600 sq ft1BR,1BA$995
Academy ManorStudioStudio,1BA$1,034
Burtons Landing Apartments0 Bed, 1 Bath - 442 sq ftStudio,1BA$1,045
Peppercorn Apartments1 Bed, 1 Bath - 585 sq ft1BR,1BA$1,050
Prairie Creek Apartments1 Bed, 1 Bath - 544 sq ft1BR,1BA$1,056
Arrowhead ApartmentsOne Bedroom One Bath1BR,1BA$1,090
Eagle Grove ApartmentsGolden1BR,1BA$1,100

Best Value Apartments for Rent in Grand Rapids, MI

As of July 15, 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 228 Morris Ave SE Model at 228 Morris Ave SE, Unit Furnished Upstairs Apartment starting at $1,800 with a $1.13 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$1.17
228 Morris Ave SE, Unit Furnished Upstairs Apartment228 Morris Ave SE2BR,1BA$1.13
239 Union Ave SE, Unit 1239 Union Ave SE1BR,1BA$1.19
Westgate Village TownhousesTwo Bedroom Bath and Half2BR,1BA$1.27
Danbury Place ApartmentsModel2BR,1BA$1.31
Hopson FlatsGrand2BR,1BA$0.96
Oakview Apartments2 Bed, 1 Bath - 890 sq ft2BR,1BA$1.33
The Lofts @ 5 Lyon3 Bedroom, 1 Bathroom - Price Per Bed3BR,1BA$1.23
Shea Ravines1 Bedroom1BR,1BA$0.74
Off Broadway Apartments - Price Per Bedroom3 Bed 2 Bath - Price Per Bed3BR,2BA$1.27

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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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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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 $1,100.

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

The cheapest apartment in Grand Rapids is Shea Ravines which is listed at $505, while the average apartment in Grand Rapids costs $3,218.

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 431 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 $400 which is $2,818 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 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.

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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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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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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.

Articles, How-To's, and Tips

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.