
Cheap Homes for Rent in Downtown Grand Rapids Neighborhood of Grand Rapids, MI from $1,700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Grand Rapids area of Grand Rapids.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

47 Lafayette Ave NE, Unit 202 FULLY FURNISHED
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.
Downtown Grand Rapids, Grand Rapids, MI Local Guide

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 | $2,100 | $2,100 | $2,100 |
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
Best Value Apartments for Rent in Downtown Grand Rapids, MI
As of March 05, 2026 the best value apartment in the Downtown Grand Rapids area is the $1.82 price per square foot 2Bed 2Bath Style I Model at 234 Market Apartments in the in the Center City neighborhood starting from $1,965. The second greatest value Downtown Grand Rapids apartment is the 03 Style - 2 Bedroom Model at The Gallery starting at $1,915 with a $1.79 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. |
|---|---|---|---|
| 234 Market Apartments | 2Bed 2Bath Style I | 2BR,2BA | $1.82 |
| The Gallery | 03 Style - 2 Bedroom | 2BR,2BA | $1.79 |
| Arena Place Apartments | 2 bed, 2 bath | 2BR,2BA | $2.01 |
| Hopson Flats | 2 Bedroom, 1 Bath (Rate Per Bed) | 2BR,1BA | $0.97 |
| The Globe Apartments | 1x1c | 1BR,1BA | $1.77 |
| The Plaza Apartments | MONROE | 1BR,1BA | $2.54 |
| City View Flats | 1 Bedroom | 1BR,1BA | $2.16 |
| The Morton | Studio | Studio ,1BA | $2.12 |
| The Lofts @ 5 Lyon - Price Per Bedroom | 2 Bedroom, 1 Bathroom - Price Per Bed | 2BR,1BA | $1.73 |
| 28 Jefferson Ave SE, Unit B | 28 Jefferson Ave SE | 1BR,1BA | $1.54 |
Frequently Asked Questions about Downtown Grand Rapids
What type of rentals are currently available in Downtown Grand Rapids?
There are currently 66 Apartments for Rent in Downtown Grand Rapids, MI with pricing that ranges from $647 to $5,000. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Grand Rapids ranging from $1,790 to $4,250.
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 $1,790 to $4,250 with an average monthly rent of $2,586.
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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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.