
Cheap Apartments for Rent in the Michigan Street Neighborhood of Grand Rapids, MI from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Michigan Street area of Grand Rapids.


Westminster Meadows - Senior

Freyling Mendels Apartments

Midtown CityZen

Diamond Place I

642 Cherry St SE
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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.

Waters House Apartments

549 Logan St SE

444 Paris Ave SE

Atlantis House

Emerald Flats

432 Fountain Apartments
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.

500 Cedar St NE
Michigan Street, Grand Rapids, MI Local Guide

How much does it cost to rent an apartment in Michigan Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Michigan Street Studio Apartments | $1,241 | $950 | $1,365 |
| Michigan Street 1 Bedroom Apartments | $1,530 | $1,015 | $2,854 |
| Michigan Street 2 Bedroom Apartments | $1,777 | $1,250 | $2,535 |
| Michigan Street 3 Bedroom Apartments | $2,065 | $1,295 | $2,804 |
| Michigan Street 4 Bedroom Apartments | $2,643 | $2,000 | $3,150 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Michigan Street Neighborhood of Grand Rapids, MI.
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Michigan Street, Grand Rapids, MI Local Guide
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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. 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 Michigan Street apartments for rent in Grand Rapids, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westminster Meadows - Senior | 1 Bedroom | 1BR,1BA | $1,015 |
| Diamond Place I | 1 Bedroom, 1 Bath | 1BR,1BA | $1,048 |
| Waters House Apartments | Studio | Studio,1BA | $1,195 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1,200 |
| The Norwood Apartments | Studio Apartment | Studio,1BA | $1,275 |
Best Value Apartments for Rent in Michigan Street, MI
As of January 30, 2026 the best value apartment in the Michigan Street area is the $1.45 price per square foot 906 Fairmount St SE Model at 906 Fairmount St SE in the in the Belknap Lookout neighborhood starting from $2,100. The second greatest value Michigan Street apartment is the 3 Bedroom Loft Model at The Baldwin starting at $2,150 with a $1.54 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 906 Fairmount St SE | 906 Fairmount St SE | 3BR,1BA | $1.45 |
| The Baldwin | 3 Bedroom Loft | 3BR,1.5BA | $1.54 |
| 601 Michigan | Two Bedroom | 2BR,2BA | $1.42 |
| Briarlane Apartments | 3 Bedroom, 1.5 Bathroom | 3BR,1.5BA | $1.67 |
| Lofts on Michigan | 303 2B1B | 2BR,1BA | $1.57 |
| Mason Street Townhomes | The Thornapple | 2BR,2BA | $1.62 |
| Diamond Place I | 2 Bedroom, 1 Bath | 2BR,1BA | $1.83 |
| 607 Fulton St E | Two Bed | 2BR,1BA | $1.62 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
| Westminster Meadows - Senior | 1 Bedroom w/ Patio Option | 1BR,1BA | $1.88 |
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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Read ArticleQuick 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.
Best Local Schools in Michigan Street, Grand Rapids, MI
Grand Rapids Montessori Public School
Martin Luther King Leadership Academy
School data provided by Great Schools
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 Waters House Apartments listed at $1,195.
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 $1,930.
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.

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.

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.