Cheap Apartments for Rent in the Michigan Street Neighborhood of Grand Rapids, MI from $400 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Michigan Street 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.

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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Atlantis House
4 Bedroom Apartments

Atlantis House

429-431 Washington StGrand Rapids, MI 49503
Corporate Housing
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Emerald Flats
Studio to 2 Bedroom Apartments

Emerald Flats

811 Emerald Ave NEGrand Rapids, MI 49503
  • Utilities Included
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432 Fountain Apartments
1 to 2 Bedroom Apartments

432 Fountain Apartments

432 Fountain St NEGrand Rapids, MI 49503
  • Utilities Included

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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500 Cedar St NE
Studio to 2 Bedroom Apartments

500 Cedar St NE

500-536 Cedar St NEGrand Rapids, MI 49503
  • Utilities Included

Michigan Street, Grand Rapids, MI Local Guide

Cheapest Available Michigan Street Apartments for Rent

 

The cheapest available apartment rental in the Michigan Street area of Grand Rapids, MI is a 1 Bed unit found at Westminster Meadows - Senior priced from $1,015. Freyling Mendels Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable Michigan Street apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Westminster Meadows - Senior1 Bedroom1BR,1BA$1,015
Freyling Mendels ApartmentsStudio ApartmentStudio,1BA$1,030
Diamond Place I1 Bedroom, 1 Bath1BR,1BA$1,048
549 Logan St SEOne Bed1BR,1BA$1,200
Waters House ApartmentsStudioStudio,1BA$1,213

Best Value Apartments for Rent in Michigan Street, MI

As of December 16, 2025 the best value apartment in the Michigan Street area is the $1.52 price per square foot 906 Fairmount St SE Model at 906 Fairmount St SE in the in the Belknap Lookout neighborhood starting from $2,200. The second greatest value Michigan Street apartment is the 2bed/2bath Model at Historic Kingsley Building starting at $1,875 with a $1.34 price per square foot in the Belknap Lookout neighborhood. Here is today’s list of the best values for Michigan Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
906 Fairmount St SE906 Fairmount St SE3BR,1BA$1.52
Historic Kingsley Building2bed/2bath2BR,2BA$1.34
601 MichiganTwo Bedroom2BR,2BA$1.42
Briarlane Apartments3 Bedroom, 1.5 Bathroom3BR,1.5BA$1.62
Lofts on Michigan201 Michigan2BR,1.5BA$1.69
Mason Street TownhomesThe Thornapple2BR,2BA$1.62
725 Michigan St NE, Unit #2725 Michigan St NE2BR,1BA$1.67
725 Michigan St NE, Unit #1725 Michigan St NE1BR,1BA$1.33
Diamond Place I2 Bedroom, 1 Bath2BR,1BA$1.83
607 Fulton St ETwo Bed2BR,1BA$1.62

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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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
Michigan Street, Grand Rapids, MI

Ranked #33

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Michigan Street Apartments

What is the Cheapest Studio apartment in Michigan Street?

Currently the most affordable Cheap Studio Apartment in Michigan Street is at Freyling Mendels Apartments listed at $1,030.

How much is rent for a Cheap One Bedroom Michigan Street Apartment?

The lowest price for a Cheap One Bedroom Michigan Street Apartment is $1,015 at Westminster Meadows - Senior.

What is the lowest price for a Cheap Two Bedroom Michigan Street Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Michigan Street is starting from $1,375 at 607 Fulton St E.

What is the most affordable Michigan Street Three Bedroom Apartment?

The best deal on a cheap Michigan Street Three Bedroom Apartment rental is at Briarlane Apartments and starts from $1,875.

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

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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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!