Cheap Apartments for Rent in the Heritage Hill Neighborhood of Grand Rapids, MI from $400 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Heritage Hill area of Grand Rapids.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Lofts on Prospect
Studio to 2 Bedroom Apartments

Lofts on Prospect

253 Prospect Ave NEGrand Rapids, MI 49503
  • Utilities Included
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The Oakwood
Studio to 2 Bedroom Apartments

The Oakwood

547 Cherry StGrand Rapids, MI 49503
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43 Lafayette Ave
Studio to 1 Bedroom Apartments

43 Lafayette Ave

43 Lafayette AveGrand Rapids, MI 49503
  • Utilities Included
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Fountain Hill Flats
1 to 2 Bedroom Apartments

Fountain Hill Flats

301 Fountain St NEGrand Rapids, MI 49503
  • Utilities Included
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Stuyvesant Apartments
1 to 2 Bedroom Apartments

Stuyvesant Apartments

401 Cherry St SEGrand Rapids, MI 49503
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Showing Results 1-13, Page 1 of 1

Cheapest Available Heritage Hill Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Waters House Apartments1 Bed 1 Bath1BR,1BA$1,526
Heritage Place Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,599

Best Value Apartments for Rent in Heritage Hill, MI

As of June 14, 2026 the best value apartment in the Heritage Hill area is the $1.58 price per square foot 320 Prospect Ave SE Model at 320 Prospect Ave SE, Unit 320 Prospect Ave in the in the Center City neighborhood starting from $1,500. The second greatest value Heritage Hill apartment is the 1 Bed 1 Bath Model at Waters House Apartments starting at $1,526 with a $1.99 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Heritage Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
320 Prospect Ave SE, Unit 320 Prospect Ave320 Prospect Ave SE2BR,1BA$1.58
Waters House Apartments1 Bed 1 Bath1BR,1BA$1.99
425 Lyon St NE, Unit 4425 Lyon St NE1BR,1BA$2.16
Heritage Place Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.66
161 Union Ave NE, Unit Apt # 2161 Union Ave NE1BR,1BA$2.30

Frequently Asked Questions about Cheap Heritage Hill Apartments

How much is rent for a Cheap One Bedroom Heritage Hill Apartment?

The lowest price for a Cheap One Bedroom Heritage Hill Apartment is $1,526 at Waters House Apartments.

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

decorative image for The Local Experts Guide to the Best Affordable Neighborhoods in Grand Rapids, MI article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.