Cheap Apartments for Rent in the Michigan Street Neighborhood of Grand Rapids, MI from $400 (37 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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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

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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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
  • Smoke Free

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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The Oakwood
Studio to 2 Bedroom Apartments

The Oakwood

547 Cherry StGrand Rapids, MI 49503
  • Utilities Included
Showing Results 1-37, 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 $1,100. Southview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Michigan Street apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Westminster Meadows - Senior1 Bedroom w/ Patio Option1BR,1BA$1,100
Southview Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,200
549 Logan St SEOne Bed1BR,1BA$1,200
Stonebrook Townhomes I & IITownhome Two Bedroom 1.5 Bath2BR,1BA$1,321
615-625 Emerald Ave NE1 Beds, 1 Baths1BR,1BA$1,340
Michigan Street Apartment HomesStudio, 1 BathroomStudio,1BA$1,395
Diamond Place I1 Bedroom, 1 Bath1BR,1BA$1,474
The Highlands Apartments1 Bedroom1BR,1BA$1,475
Waters House Apartments1 Bed 1 Bath1BR,1BA$1,526

Best Value Apartments for Rent in Michigan Street, MI

As of June 20, 2026 the best value apartment in the Michigan Street area is the $1.94 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 $2,953. The second greatest value Michigan Street apartment is the 240 Union Ave SE Model at 240 Union Ave SE, Unit 2nd Floor starting at $2,275 with a $1.90 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$1.94
240 Union Ave SE, Unit 2nd Floor240 Union Ave SE3BR,1BA$1.90
Stonebrook Townhomes I & IITownhome Two Bedroom 1.5 Bath2BR,1.5BA$1.23
Eastown FlatsHillcrest2BR,1BA$2.15
601 MichiganTwo Bedroom2BR,1BA$2.12
Waters House Apartments1 Bed 1 Bath1BR,1BA$1.99
425 Lyon St NE, Unit 4425 Lyon St NE1BR,1BA$2.16
549 Logan St SEOne Bed1BR,1BA$2.00
Westminster Meadows - Senior1 Bedroom w/ Patio Option1BR,1BA$1.94
Southview Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.14

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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

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

The lowest price for a Cheap One Bedroom Michigan Street Apartment is $1,100 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 $1,321 at Stonebrook Townhomes I & II.

What is the most affordable Michigan Street Three Bedroom Apartment?

The best deal on a cheap Michigan Street Three Bedroom Apartment rental is at The Brix at Midtown and starts from $2,953.

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.

Helpful Local Expert Guides

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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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Top Neighborhoods to Rent Near Major Colleges and Universities in Grand Rapids, Michigan

Written by: Mike Heuer

Aquinas College is a private Catholic school of higher education that focuses on liberal arts and was founded in 1886 by the Dominican Sisters of Grand Rapids.

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Learn what Locals Love About Renting in Grand Rapids, Michigan

Written by: Mike Heuer

The city of Grand Rapids has a growing population of about 203,000, while the greater metropolitan area, including the city, has about 1.2 million residents.

Articles, How-To's, and Tips

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.