Cheap Apartments for Rent in the Michigan Street Neighborhood of Grand Rapids, MI from $400 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Michigan Street 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 318 Union Ave NE

$1,600 - $1,800

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

318 Union Ave NE

Grand RapidsMI49503

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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432 Fountain Apartments
1 to 2 Bedroom Apartments

432 Fountain Apartments

432 Fountain St NEGrand Rapids, MI 49503
  • Utilities Included
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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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500 Cedar St NE
Studio to 2 Bedroom Apartments

500 Cedar St NE

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

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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Lumberyard Lofts
1 to 2 Bedroom Apartments

Lumberyard Lofts

855 Michigan St NEGrand Rapids, MI 49503
  • Utilities Included
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429 Shirley St NE
2 Bedroom Apartments

429 Shirley St NE

429 Shirley St NEGrand Rapids, MI 49503
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Oakwood
Studio to 2 Bedroom Apartments

The Oakwood

547 Cherry StGrand Rapids, MI 49503
  • Utilities Included
Showing Results 1-44, Page 1 of 1

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. 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 ListingModel NameBed/BathPriced From
Westminster Meadows - Senior1 Bedroom1BR,1BA$1,015
Diamond Place I1 Bedroom, 1 Bath1BR,1BA$1,048
549 Logan St SEOne Bed1BR,1BA$1,200
Waters House ApartmentsStudioStudio,1BA$1,274
Midtown CityZen1 Bed 1 Bath1BR,1BA$1,275
Heritage Place ApartmentsStudioStudio,1BA$1,294
Southview Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,300
The Highlands ApartmentsStudio- RenovatedStudio,1BA$1,345
Stonebrook Townhomes I & IITownhome Three Bedroom 1.5 Bat3BR,1BA$1,500

Best Value Apartments for Rent in Michigan Street, MI

As of May 01, 2026 the best value apartment in the Michigan Street area is the $1.30 price per square foot 721 Kellogg St SE Model at 721 Kellogg St SE, Unit 1 in the in the Belknap Lookout neighborhood starting from $1,950. 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.
721 Kellogg St SE, Unit 1721 Kellogg St SE3BR,1BA$1.30
Historic Kingsley Building2bed/2bath2BR,2BA$1.34
Stonebrook Townhomes I & IITownhome Three Bedroom 1.5 Bat3BR,1.5BA$1.22
44 Portsmouth Pl NE, Unit 2 Bedroom 1 Bath44 Portsmouth Pl NE2BR,1BA$1.21
Mason Street2BD x 1.5BA Townhome2BR,1.5BA$1.71
The Baldwin2 Bd Bi-Level Interior2BR,1.5BA$2.10
Diamond Place I2 Bedroom, 1 Bath2BR,1BA$1.83
601 MichiganTwo Bedroom2BR,1BA$2.12
549 Logan St SEOne Bed1BR,1BA$2.00
Westminster Meadows - Senior1 Bedroom w/ Patio Option1BR,1BA$1.88

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

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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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Best Local Schools in
Michigan Street, Grand Rapids, MI

School data provided by Great Schools

Frequently Asked Questions about Cheap Michigan Street Apartments

What is a cheap apartment in Michigan Street?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Michigan Street is under $1,500.

What is the price of a cheap apartment in Michigan Street?

The cheapest apartment in Michigan Street is Westminster Meadows - Senior which is listed at $1,015, while the average apartment in Michigan Street costs $2,095.

What types of apartments are the cheapest in Michigan Street?

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 6 regular apartments in Michigan Street that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.