Cheap Homes for Rent in Grand Rapids, MI from $600 (22 Rentals)

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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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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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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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Grand Rapids, MI Local Guide

Cheapest Neighborhoods for Apartments in Grand Rapids, MI

Pricing Updated: 10/17/2025

Current apartment rentals in the Grand Rapids, MI area range in price from $509 to $4,430 with an overall median price of $2,365. The three Grand Rapids neighborhoods with the lowest median rent pricing are Madison Area at $1,075, Alger Heights at $955, and Creston at $620. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Grand Rapids Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Madison Area$1,395$1,07510
Alger Heights$1,449$95567
Creston$1,678$620115
Westside Connection$1,695$620108
Cheshire$1,747$620116
South East Community$1,756$64045
Roosevelt Park$1,825$640184
West Grand$1,850$620107
West Leonard$1,850$620209
Madison Square$1,900$89524

Cheapest Available Grand Rapids Apartments for Rent

 

The cheapest available apartment rental in Grand Rapids, MI is a 1 Bed unit found at Parkwood in the Byron Gaines Caledonia Cascade neighborhood priced from $950. Arrowhead Apartments in the Ridgemoor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here is today’s list of the most affordable Grand Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkwood1 Bedroom 1 Bath Foxhole1BR,1BA$950
Arrowhead ApartmentsStudioStudio,1BA$970
Academy ManorStudioStudio,1BA$982
Westminster Meadows - Senior1 Bedroom1BR,1BA$1,015
Breton Court1 Bed | 1 Bath1BR,1BA$1,018

Best Value Apartments for Rent in Grand Rapids, MI

As of October 17, 2025 the best value apartment in the Grand Rapids area is the $1.00 price per square foot Townhome Model at Burton East Apartments in the in the Ridgemoor neighborhood starting from $1,795. The second greatest value Grand Rapids apartment is the 1251 Plainfield Ave NE Model at 1251 Plainfield Ave NE starting at $1,800 with a $1.20 price per square foot in the Belknap Lookout neighborhood. Here is today’s list of the best values for Grand Rapids apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Burton East ApartmentsTownhome3BR,2.5BA$1.00
1251 Plainfield Ave NE1251 Plainfield Ave NE3BR,1BA$1.20
1394 Carriage Hill Dr SEKentwood 2bd room2BR,1BA$1.13
Bayberry Pointe ApartmentsWalk Through2BR,2BA$1.23
Hopson Flats3 Bedroom, 1 Bath (Rate Per Bed)3BR,1BA$0.68
Walnut Hills2 Beds | 1.5 Baths2BR,1.5BA$1.10
239 Ann St NE, Unit 2239 Ann St NE2BR,1BA$1.22
Alpine Slopes Apartments1 Bed 1 Bath1BR,1BA$1.19
Parkwood1 Bedroom 1 Bath Foxhole1BR,1BA$1.27
Off Broadway Apartments - Price Per Bedroom3 Bed 2 Bath - Price Per Bed3BR,2BA$1.21

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Grand Rapids, MI Rentals by Map

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Frequently Asked Questions about Grand Rapids

What type of rentals are currently available in Grand Rapids?

There are currently 718 Apartments for Rent in Grand Rapids, MI with pricing that ranges from $640 to $4,445. There are also 199 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Rapids ranging from $600 to $9,500.

What is the current price range for Rental Homes in Grand Rapids?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Rapids ranges from $600 to $9,500 with an average monthly rent of $2,003.

How much are larger Three and Four Bedroom Rentals in Grand Rapids?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Rapids range from $720 to $4,445, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $640.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.