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from $9251 Bedroom Apartment Available Now
28 Jefferson Ave SE, Unit B
28 Jefferson Ave SEGrand Rapids, MI 49503
Cheap Apartments for Rent in the Downtown Grand Rapids Neighborhood of Grand Rapids, MI from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Grand Rapids area of Grand Rapids.
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from $950Studio to 2 Bedroom Apartments Available Now
Grand Central Lofts
100 Commerce Ave SWGrand Rapids, MI 49503
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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from $1,075Studio Apartments Available Now
Lafayette Apartment Homes
17 Lafayette AveGrand Rapids, MI 49503
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from $1,145Studio to 2 Bedroom Apartments Contact Us For Availability
Lofts at the Kendall
16 Monroe Center St NEGrand Rapids, MI 49503
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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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216 Lafayette Ave NE
Grand RapidsMI49503
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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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Showing Results 1-16, Page 1 of 1
Downtown Grand Rapids, Grand Rapids, MI Local Guide
Copyright CoStar Group, Inc
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 | $1,395 | $950 | $2,500 |
| Downtown Grand Rapids 1 Bedroom Apartments | $1,683 | $925 | $4,250 |
| Downtown Grand Rapids 2 Bedroom Apartments | $1,906 | $945 | $2,675 |
| Downtown Grand Rapids 3 Bedroom Apartments | $1,476 | $825 | $2,800 |
| Downtown Grand Rapids 4 Bedroom Apartments | $663 | $660 | $665 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Grand Rapids Neighborhood of Grand Rapids, MI.
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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. The Globe Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. 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 |
| The Globe Apartments | 2x1a | 2BR,1BA | $1,250 |
| The Morton | Studio | Studio,1BA | $1,321 |
| The Gallery | 01 Style - Studio | Studio,1BA | $1,340 |
| Grand Central Lofts | Two Bedroom | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Downtown Grand Rapids, MI
As of June 17, 2025 the best value apartment in the Downtown Grand Rapids area is the $0.65 price per square foot 3 bed/Price per Bed Model at Hopson Flats in the in the Center City neighborhood starting from $740. The second greatest value Downtown Grand Rapids apartment is the IONIA Model at The Plaza Apartments starting at $2,010 with a $1.95 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. |
|---|---|---|---|
| Hopson Flats | 3 bed/Price per Bed | 3BR,1BA | $0.65 |
| The Plaza Apartments | IONIA | 2BR,2BA | $1.95 |
| Grand Central Lofts | Two Bedroom | 2BR,1BA | $1.76 |
| Wealthy & Sheldon | Sheldon Two Bedrooms | 2BR,2BA | $2.38 |
| The Globe Apartments | 2x1a | 2BR,1BA | $1.74 |
| City View Flats | 1 Bedroom | 1BR,1BA | $2.05 |
| The Morton | One Bedroom | 1BR,1BA | $2.40 |
| The Lofts @ 5 Lyon - Price Per Bedroom | 2 Bedroom, 1 Bathroom - Price Per Bed | 2BR,1BA | $1.58 |
| 28 Jefferson Ave SE, Unit B | 28 Jefferson Ave SE | 1BR,1BA | $1.54 |
| 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 $1,550.
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 $1,872.
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 6 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 $581 which is $1,291 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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.