216 Lafayette Ave NE
Grand RapidsMI49503
Cheap Homes for Rent in Downtown Grand Rapids Neighborhood of Grand Rapids, MI from $1,300 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Grand Rapids area of Grand Rapids.
56 Monroe Center St NW, Unit 7
56 Monroe Center St NW
Grand RapidsMI49503
Showing Results 1-2, Page 1 of 1
Downtown Grand Rapids, Grand Rapids, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown Grand Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Grand Rapids 2 Bedroom Homes for Rent | $2,572 | $1,395 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Grand Rapids Neighborhood of Grand Rapids, MI.
Explore Grand Rapids
Let everyone know!
Do you know the Downtown Grand Rapids area?
If you’re an expert on all things Downtown Grand Rapids, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Value Apartments for Rent in Downtown Grand Rapids, MI
As of October 24, 2025 the best value apartment in the Downtown Grand Rapids area is the $0.47 price per square foot 4 Bedroom, 2 Baths (Rate Per Bed) Model at Hopson Flats in the in the Center City neighborhood starting from $640. The second greatest value Downtown Grand Rapids apartment is the EMPEROR Model at The Plaza Apartments starting at $2,040 with a $1.99 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 | 4 Bedroom, 2 Baths (Rate Per Bed) | 4BR,2BA | $0.47 |
| The Plaza Apartments | EMPEROR | 2BR,2BA | $1.99 |
| The Gallery | 07 Style - 2 Bedroom | 2BR,2BA | $2.01 |
| City View Flats | 2 Bedroom | 2BR,1BA | $1.73 |
| Arena Place Apartments | 2 bed, 2 bath | 2BR,2BA | $2.19 |
| 139 Pearl St NW | 2 Bed | 2BR,1BA | $2.15 |
| Grand Central Lofts | Two Bedroom | 2BR,1BA | $1.76 |
| The Globe Apartments | 1x1d | 1BR,1BA | $1.81 |
| The Lofts Apartments | 1 Bedroom | 1BR,1BA | $2.01 |
| The Lofts @ 5 Lyon - Price Per Bedroom | 2 Bedroom, 1 Bathroom - Price Per Bed | 2BR,1BA | $1.58 |
Frequently Asked Questions about Downtown Grand Rapids
What type of rentals are currently available in Downtown Grand Rapids?
There are currently 67 Apartments for Rent in Downtown Grand Rapids, MI with pricing that ranges from $640 to $3,500. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Grand Rapids ranging from $1,395 to $3,750.
What is the current price range for Rental Homes in Downtown Grand Rapids?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Grand Rapids ranges from $1,395 to $3,750 with an average monthly rent of $2,313.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.