
Cheap Apartments for Rent in the Downtown Grand Rapids Neighborhood of Grand Rapids, MI from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Grand Rapids area of Grand Rapids.


Lafayette Apartment Homes

234 Market Apartments

Lofts at the Kendall

Venue Tower Apartments
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.
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
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.
Downtown Grand Rapids, Grand Rapids, MI Local Guide

How much does it cost to rent an apartment in Downtown Grand Rapids?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Grand Rapids Studio Apartments | $1,382 | $950 | $2,500 |
Downtown Grand Rapids 1 Bedroom Apartments | $1,610 | $1,150 | $3,500 |
Downtown Grand Rapids 2 Bedroom Apartments | $1,889 | $945 | $2,675 |
Downtown Grand Rapids 3 Bedroom Apartments | $1,084 | $825 | $2,100 |
Downtown Grand Rapids 4 Bedroom Apartments | $661 | $660 | $665 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown Grand Rapids Neighborhood of Grand Rapids, MI.
See all Apartments in Grand RapidsExplore Grand Rapids
Cheapest Available Downtown Grand Rapids Apartments for Rent
 The cheapest available apartment rental in the Downtown Grand Rapids area of Grand Rapids, MI is a Studio unit found at Lafayette Apartment Homes priced from $1,075. Venue Tower Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,187. Here are the most affordable Downtown Grand Rapids apartments for rent in Grand Rapids, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lafayette Apartment Homes | Studio | Studio,1BA | $1,075 |
Venue Tower Apartments | Amber | Studio,1BA | $1,187 |
The Globe Apartments | 2x1a | 2BR,1BA | $1,250 |
Grand Central Lofts | Two Bedroom | 2BR,1BA | $1,350 |
234 Market Apartments | New Construction 1 Bed 1 Bath | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Downtown Grand Rapids, MI
As of August 02, 2025 the best value apartment in the Downtown Grand Rapids area is the $1.75 price per square foot 2 Bedroom Model at City View Flats in the in the Center City neighborhood starting from $1,775. The second greatest value Downtown Grand Rapids apartment is the Grandville Model at Arena Place Apartments starting at $2,117 with a $2.21 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Downtown Grand Rapids apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
City View Flats | 2 Bedroom | 2BR,1BA | $1.75 |
Arena Place Apartments | Grandville | 2BR,2BA | $2.21 |
Hopson Flats | 2 bed/Price per Bed | 2BR,1BA | $0.91 |
25 Lafayette Apartment Homes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.83 |
Grand Central Lofts | Two Bedroom | 2BR,1BA | $1.76 |
Wealthy & Sheldon | Sheldon Two Bedrooms | 2BR,2BA | $2.38 |
The Globe Apartments | 1x1d | 1BR,1BA | $1.81 |
38 Commerce | 1 Bed/1Bath Style A | 1BR,1BA | $2.40 |
The Lofts @ 5 Lyon - Price Per Bedroom | 2 Bedroom, 1 Bathroom - Price Per Bed | 2BR,1BA | $1.58 |
Lafayette Apartment Homes | Studio | Studio ,1BA | $2.16 |
Getting Around the Downtown Grand Rapids Neighborhood in Grand Rapids, MI
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
68 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Grand Rapids Apartments
What is a cheap apartment in Downtown Grand Rapids?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Grand Rapids is under $1,695.
What is the price of a cheap apartment in Downtown Grand Rapids?
The cheapest apartment in Downtown Grand Rapids is The Globe Apartments which is listed at $1,250, while the average apartment in Downtown Grand Rapids costs $1,805.
What types of apartments are the cheapest in Downtown 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 11 regular apartments in Downtown 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 Downtown Grand Rapids?
Cheap apartments in Downtown Grand Rapids have an average cost of $665 which is $1,140 cheaper than the average rent for all rentals in Downtown Grand Rapids.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.