Apartments for Rent in Grand Rapids, MI Under $2,000 (385 Rentals)

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246 Prospect Ave NE
$1,850 - $1,950
Total Monthly Price

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Base Rent
$1,850 - $1,950
Total Monthly Price
$1,850 - $1,950
2 Bedroom Apartment Available Now

246 Prospect Ave NE

246 Prospect Ave NEGrand Rapids, MI 49503

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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The Waters Center
$1,500 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,500
Total Monthly Price
$1,500 - $2,500
Studio to 2 Bedroom Apartments Available Now

The Waters Center

161 Ottawa Ave NWGrand Rapids, MI 49503
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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

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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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Grand Rapids

How much are Studio apartments in Grand Rapids?

There are currently 197 Studio Apartments in Grand Rapids with rent ranges from $950 to $2,500 with an average price of $1,282.

What is the current price range for One Bedroom Grand Rapids Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Grand Rapids ranges from $841 to $3,700 with an average monthly rent of $1,479.

What does renting a Two Bedroom Apartment in Grand Rapids cost?

The monthly rent prices of Two Bedroom Apartments currently available in Grand Rapids range from $899 to $5,000. Today's average rental price for Two Bedrooms here is $1,775.

How expensive are Grand Rapids Three Bedroom Apartments?

There are currently 164 Three Bedroom Apartments listings available in Grand Rapids on ApartmentHomeLiving.com. The pricing ranges from $740 to $3,929 - averaging $2,223 for the location.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.