Cheap Apartments for Rent in the Highland Park Neighborhood of Grand Rapids, MI from $400 (121 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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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.

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property at 1320 Northfield Ave NE

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1320 Northfield Ave NE

Grand RapidsMI49505

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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property at 329 Lyon St NE

$1,274 - $1,424

1 To 2 Bedroom Rentals

Available Now

329 Lyon St NE

Grand RapidsMI49503

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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Highland Park, Grand Rapids, MI Local Guide

Cheapest Available Highland Park Apartments for Rent

 

The cheapest available apartment rental in the Highland Park area of Grand Rapids, MI is a Studio unit found at Academy Manor priced from $1,034. Diamond Place I has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,048. Here are the most affordable Highland Park apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Academy ManorStudioStudio,1BA$1,034
Diamond Place I1 Bedroom, 1 Bath1BR,1BA$1,048
Westminster Meadows - Senior1 Bedroom w/ Patio Option1BR,1BA$1,065
Leonard East Apartments1 Bedroom, 1 Bathroom, No Walk Out1BR,1BA$1,092
234 Market ApartmentsStudio Apartment Style G/JStudio,1BA$1,130
Grand Central LoftsOne Bedroom1BR,1BA$1,150
Bridge Street LoftsStudio - 414 sfStudio,1BA$1,159
549 Logan St SEOne Bed1BR,1BA$1,200
Maryland ParkOne Bedroom/ One Bath1BR,1BA$1,200
The CurrentStudio +Studio,1BA$1,225

Best Value Apartments for Rent in Highland Park, MI

As of May 17, 2026 the best value apartment in the Highland Park area is the $1.21 price per square foot 44 Portsmouth Pl NE Model at 44 Portsmouth Pl NE, Unit 2 Bedroom 1 Bath in the in the Center City neighborhood starting from $1,450. The second greatest value Highland Park apartment is the Myers Model at Hopson Flats starting at $784 with a $0.69 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
44 Portsmouth Pl NE, Unit 2 Bedroom 1 Bath44 Portsmouth Pl NE2BR,1BA$1.21
Hopson FlatsMyers3BR,1BA$0.69
Mason Street2BD x 1.5BA Townhome2BR,1.5BA$1.70
618 Veto St NW618 Veto St NW4BR,1BA$1.78
City View Flats2 Bedroom2BR,1BA$1.73
239 Ann St NE, Unit 1239 Ann St NE2BR,1BA$1.44
The Lofts Apartments2 Bedroom-1 Bath2BR,1BA$1.80
Leonard East Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.63
The Lofts @ 5 Lyon - Price Per Bedroom2 Bedroom, 1 Bathroom - Price Per Bed2BR,1BA$1.73
Off Broadway Apartments - Price Per Bedroom3 Bed 2 Bath - Price Per Bed3BR,2BA$1.42

Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan

Find your perfect student apartment near Aquinas College, Calvin University, Cornerstone University, and Grand Rapids Community College. Discover top neighborhoods for off-campus housing in Grand Rapids, MI.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Highland Park, Grand Rapids, MI

Ranked #3

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Highland Park, Grand Rapids, MI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Highland Park, Grand Rapids, and the greater Grand Rapids area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, multifamily communities for the kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Highland Park Apartments

What is a cheap apartment in Highland Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highland Park is under $1,225.

What is the price of a cheap apartment in Highland Park?

The cheapest apartment in Highland Park is Academy Manor which is listed at $1,041, while the average apartment in Highland Park costs $2,107.

What types of apartments are the cheapest in Highland Park?

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 21 regular apartments in Highland Park 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 Highland Park?

Cheap apartments in Highland Park have an average cost of $425 which is $1,682 cheaper than the average rent for all rentals in Highland Park.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.