
Cheap Homes for Rent in Michigan Street Neighborhood of Grand Rapids, MI from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Michigan Street area of Grand Rapids.


161 Union Ave NE, Unit Apt 2

329 Charles Ave SE

901 Maybelle St NE
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.

221 Hollister Ave SE

921 Fairmount St SE

1436 Matilda St NE

619 Emerald Ave NE
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.
Michigan Street, Grand Rapids, MI Local Guide

How much does it cost to rent a home in Michigan Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Michigan Street 2 Bedroom Homes for Rent | $1,585 | $1,300 | $2,200 |
| Michigan Street 3 Bedroom Homes for Rent | $2,111 | $1,700 | $2,850 |
| Michigan Street 4 Bedroom Homes for Rent | $2,515 | $2,450 | $2,550 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 Diamond Place I priced from $1,048. Westminster Meadows - Senior has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Michigan Street apartments for rent in Grand Rapids, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Place I | 1 Bedroom, 1 Bath | 1BR,1BA | $1,048 |
| Westminster Meadows - Senior | 1 Bedroom w/ Patio Option | 1BR,1BA | $1,065 |
| 549 Logan St SE | One Bed | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Michigan Street, MI
As of May 08, 2026 the best value apartment in the Michigan Street area is the $1.34 price per square foot 2bed/2bath Model at Historic Kingsley Building in the in the Belknap Lookout neighborhood starting from $1,875. The second greatest value Michigan Street apartment is the 44 Portsmouth Pl NE Model at 44 Portsmouth Pl NE, Unit 2 Bedroom 1 Bath starting at $1,450 with a $1.21 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Historic Kingsley Building | 2bed/2bath | 2BR,2BA | $1.34 |
| 44 Portsmouth Pl NE, Unit 2 Bedroom 1 Bath | 44 Portsmouth Pl NE | 2BR,1BA | $1.21 |
| Mason Street | 2BD x 1.5BA Townhome | 2BR,1.5BA | $1.71 |
| The Brix at Midtown | 2 Bedroom 2 Bath - 971 sq. ft. | 2BR,2BA | $2.32 |
| Eastown Flats | Hillcrest | 2BR,1BA | $2.15 |
| The Baldwin | 2 Bd Bi-Level Interior | 2BR,1.5BA | $2.10 |
| Diamond Place I | 2 Bedroom, 1 Bath | 2BR,1BA | $1.83 |
| 601 Michigan | Two Bedroom | 2BR,1BA | $2.12 |
| 549 Logan St SE | One Bed | 1BR,1BA | $2.00 |
| Westminster Meadows - Senior | 1 Bedroom w/ Patio Option | 1BR,1BA | $1.88 |
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.
Read ArticleDon'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.
Read ArticleReal 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.
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 Michigan Street
What type of rentals are currently available in Michigan Street?
There are currently 119 Apartments for Rent in Michigan Street, MI with pricing that ranges from $1,015 to $2,673. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Michigan Street ranging from $1,050 to $2,850.
What is the current price range for Rental Homes in Michigan Street?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Michigan Street ranges from $1,050 to $2,850 with an average monthly rent of $1,864.
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.

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.

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.

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.