Search the lowest-cost Apartments available for rent right now in the Downtown Grand Rapids area of Grand Rapids.
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Learn about Grand Rapids and the best places to live with original content written by our Local Expert Mike Heuer
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Grand Rapids Studio Apartments | $1,371 | $950 | $2,500 |
| Downtown Grand Rapids 1 Bedroom Apartments | $1,689 | $1,150 | $3,700 |
| Downtown Grand Rapids 2 Bedroom Apartments | $1,991 | $887 | $5,000 |
| Downtown Grand Rapids 3 Bedroom Apartments | $1,038 | $753 | $2,100 |
| Downtown Grand Rapids 4 Bedroom Apartments | $666 | $653 | $685 |
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown Grand Rapids Neighborhood of Grand Rapids, MI.
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Write a ReviewThe cheapest available apartment rental in the Downtown Grand Rapids area of Grand Rapids, MI is a 1 Bed unit found at The Globe Apartments priced from $975. 234 Market Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,070. Here are the most affordable Downtown Grand Rapids apartments for rent in Grand Rapids, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Globe Apartments | 1x1e | 1BR,1BA | $975 |
| 234 Market Apartments | Micro Apartment Style H | Studio,1BA | $1,070 |
| Grand Central Lofts | One Bedroom | 1BR,1BA | $1,150 |
| Wealthy & Sheldon | Wealthy Studio | Studio,1BA | $1,300 |
| Venue Tower Apartments | Studio | Studio,1BA | $1,307 |
As of February 13, 2026 the best value apartment in the Downtown Grand Rapids area is the $1.79 price per square foot 03 Style - 2 Bedroom Model at The Gallery in the in the Center City neighborhood starting from $1,915. The second greatest value Downtown Grand Rapids apartment is the 2 bed, 2 bath Model at Arena Place Apartments starting at $1,945 with a $1.93 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. |
|---|---|---|---|
| The Gallery | 03 Style - 2 Bedroom | 2BR,2BA | $1.79 |
| Arena Place Apartments | 2 bed, 2 bath | 2BR,2BA | $1.93 |
| Hopson Flats | 2 Bedroom, 1 Bath (Rate Per Bed) | 2BR,1BA | $0.95 |
| The Lofts Apartments | 2 Bedroom-2 Bath | 2BR,2BA | $1.66 |
| The Globe Apartments | 1x1c | 1BR,1BA | $1.77 |
| The Plaza Apartments | MONROE | 1BR,1BA | $2.66 |
| City View Flats | 1 Bedroom | 1BR,1BA | $2.16 |
| The Morton | One Bedroom | 1BR,1BA | $2.18 |
| The Lofts @ 5 Lyon - Price Per Bedroom | 2 Bedroom, 1 Bathroom - Price Per Bed | 2BR,1BA | $1.67 |
| 38 Commerce | 1Bed/1Bath Style B | 1BR,1BA | $2.61 |
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Grand Rapids is under $1,650.
The cheapest apartment in Downtown Grand Rapids is The Globe Apartments which is listed at $975, while the average apartment in Downtown Grand Rapids costs $2,015.
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 24 regular apartments in Downtown Grand Rapids that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Downtown Grand Rapids have an average cost of $481 which is $1,534 cheaper than the average rent for all rentals in Downtown Grand Rapids.
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.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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Total Monthly Price combines base rent and required monthly fees into one amount, so you can know what to expect before you apply.
