Cheap Apartments for Rent in the Center City Neighborhood of Grand Rapids, MI from $465 (95 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Center City area of Grand Rapids.

property at 522 Michigan St NE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

1 Bedroom, 1 Bath Townhome for Rent

Available Now

522 Michigan St NE

Grand RapidsMI49503

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

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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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property at 329 Lyon St NE

$1,399

1 To 2 Bedroom Rentals

Available Now

329 Lyon St NE

Grand RapidsMI49503

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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Center City, Grand Rapids, MI Local Guide

Cheapest Available Center City Apartments for Rent

 

The cheapest available apartment rental in the Center City area of Grand Rapids, MI is a Studio unit found at Grand Central Lofts priced from $950. Midtown CityZen has the second lowest priced unit, which is a Studio apartment currently listed from $1,173. Here are the most affordable Center City apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Grand Central LoftsStudioStudio,1BA$950
Midtown CityZenStudioStudio,1BA$1,173
321 Fountain St NE1 Beds, 1 Baths1BR,1BA$1,200
Wealthy & SheldonWealthy StudioStudio,1BA$1,249
The Globe Apartments2x1a2BR,1BA$1,250
Grand View Place2 Bed 1 Bath2BR,1BA$1,305
VerdantElevated on Bridge Street - StudioStudio,1BA$1,325
The MortonStudioStudio,1BA$1,335
Gateway at BelknapStudioStudio,1BA$1,361

Best Value Apartments for Rent in Center City, MI

As of August 25, 2026 the best value apartment in the Center City area is the $1.51 price per square foot Two Bedroom Model at 601 Michigan in the in the Center City neighborhood starting from $1,795. The second greatest value Center City apartment is the 2 Bedroom Model at Seven45 Stocking starting at $1,545 with a $1.48 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Center City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
601 MichiganTwo Bedroom2BR,1BA$1.51
Seven45 Stocking2 Bedroom2BR,1BA$1.48
Grand View Place2 Bed 1 Bath2BR,1BA$1.36
Hopson FlatsGrand2BR,1BA$1.10
Arena Place Apartments1 bed, 1 bath1BR,1BA$1.95
357 Madison Ave. SE #F2Two Bedroom/Two Bath2BR,2BA$1.88
Waters House Apartments2 Bed 1 Bath2BR,1BA$1.98
Off Broadway Apartments - Price Per Bedroom4 Bed 2 Bath - Price Per Bed4BR,2BA$0.99
533 Prospect Ave SE, Unit lower533 Prospect Ave SE1BR,1BA$1.85
The Lofts @ 5 Lyon2 Bedroom, 1 Bathroom - Price Per Bed2BR,1BA$1.62

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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Best Local Schools in
Center City, Grand Rapids, MI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Grand Rapids. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Center City Apartments

What is a cheap apartment in Center City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Center City is under $1,361.

What is the price of a cheap apartment in Center City?

The cheapest apartment in Center City is 321 Fountain St NE which is listed at $1,200, while the average apartment in Center City costs $1,642.

What types of apartments are the cheapest in Center City?

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 34 regular apartments in Center City 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 Center City?

Cheap apartments in Center City have an average cost of $494 which is $1,148 cheaper than the average rent for all rentals in Center City.

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

decorative image for The Renter's Guide to Grand Rapids Best Neighborhoods Near Major Employers article

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.

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan article

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.

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

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

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