Cheap Apartments for Rent in the Michigan Street Neighborhood of Grand Rapids, MI from $400 (17 Rentals)

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

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

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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Atlantis House
4 Bedroom Apartments

Atlantis House

429-431 Washington StGrand Rapids, MI 49503
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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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500 Cedar St NE
1 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 $975. 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$975
Diamond Place I1 Bedroom, 1 Bath1BR,1BA$1,048
Southview Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,056
549 Logan St SEOne Bed1BR,1BA$1,100
Heritage PlaceStudioStudio,1BA$1,202

Best Value Apartments for Rent in Michigan Street, MI

As of May 28, 2025 the best value apartment in the Michigan Street area is the $1.69 price per square foot 3 Bedroom 2 Bath - 1522 sq. ft. Model at The Brix at Midtown in the in the Center City neighborhood starting from $2,579. The second greatest value Michigan Street apartment is the 3 Bed 2 Bath Model at Trowbridge Flats starting at $2,180 with a $1.67 price per square foot in the Center City 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.
The Brix at Midtown3 Bedroom 2 Bath - 1522 sq. ft.3BR,2BA$1.69
Trowbridge Flats3 Bed 2 Bath3BR,2BA$1.67
726 Lake Dr SE, Unit B726 Lake Dr SE2BR,1BA$1.31
429 Shirley St NE, Unit 1429 Shirley St NE2BR,1BA$1.58
725 Michigan St NE, Unit #1725 Michigan St NE1BR,1BA$1.44
Briarlane ApartmentsOne Bedroom, 1 Bath1BR,1BA$1.92
113 Packard Ave SE, Unit Apt 2113 Packard Ave SE1BR,1BA$1.79
549 Logan St SEOne Bed1BR,1BA$1.83
Westminster Meadows - Senior1 Bedroom w/ Patio Option1BR,1BA$1.81
Southview Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.89

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Pet Friendly Lifestyle
Michigan Street, Grand Rapids, MI

Ranked #34

Among neighborhoods in Grand Rapids, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,271.

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 $975, while the average apartment in Michigan Street costs $2,000.

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.

How do the prices of cheap apartments compare to the average apartment in Michigan Street?

Cheap apartments in Michigan Street have an average cost of $729 which is $1,271 cheaper than the average rent for all rentals in Michigan Street.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.