Cheap Apartments for Rent in the Monroe North Neighborhood of Grand Rapids, MI from $600 (67 Rentals)

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

property at 652 Chatham St NW

$995 - $1,395

1 To 2 Bedroom Rentals

Available Aug 14

652 Chatham St NW

Grand RapidsMI49504

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 329 Lyon St NE

$1,274 - $1,424

1 To 2 Bedroom Rentals

Available Now

329 Lyon St NE

Grand RapidsMI49503

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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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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432 Fountain Apartments
1 to 2 Bedroom Apartments

432 Fountain Apartments

432 Fountain 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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Monroe North, Grand Rapids, MI Local Guide

Cheapest Available Monroe North Apartments for Rent

 

The cheapest available apartment rental in the Monroe North area of Grand Rapids, MI is a Studio unit found at Bridge Street Lofts priced from $1,159. The Current has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here are the most affordable Monroe North apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Bridge Street LoftsStudio - 414 sfStudio,1BA$1,159
The CurrentStudio +Studio,1BA$1,225
Southview Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,250
Venue Tower ApartmentsStudioStudio,1BA$1,288
The MortonStudioStudio,1BA$1,321
Seven45 StockingOne Bedroom1BR,1BA$1,325
Gateway at BelknapStudioStudio,1BA$1,370
Lofts on Grove1 Bed1BR,1BA$1,400
Belknap PlaceThe Lookout1BR,1BA$1,412
Leo & Alpine1Bedroom1BR,1BA$1,416

Best Value Apartments for Rent in Monroe North, MI

As of May 27, 2026 the best value apartment in the Monroe North 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 $2,955. The second greatest value Monroe North apartment is the 700 Broadway Ave NW Model at 700 Broadway Ave NW starting at $2,975 with a $2.05 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Monroe North 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
700 Broadway Ave NW700 Broadway Ave NW4BR,2BA$2.05
44 Portsmouth Pl NE, Unit 2 Bedroom 1 Bath44 Portsmouth Pl NE2BR,1BA$1.21
Seven45 StockingOne Bedroom1BR,1BA$1.30
618 Veto St NW618 Veto St NW4BR,1BA$1.78
Trowbridge Flats2 bedroom 2 bathroom2BR,2BA$1.83
THE 616Two Bedroom2BR,1BA$1.97
601 MichiganTwo Bedroom2BR,1BA$2.12
The Lofts @ 5 Lyon - Price Per Bedroom2 Bedroom, 1 Bathroom - Price Per Bed2BR,1BA$1.63
Off Broadway Apartments - Price Per Bedroom3 Bed 2 Bath - Price Per Bed3BR,2BA$1.24

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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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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Pet Friendly Lifestyle
Monroe North, Grand Rapids, MI

Ranked #21

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Monroe North, Grand Rapids, MI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Grand Rapids, Michigan. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Monroe North Apartments

What is a cheap apartment in Monroe North?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Monroe North is under $1,416.

What is the price of a cheap apartment in Monroe North?

The cheapest apartment in Monroe North is Southview Apartments which is listed at $1,250, while the average apartment in Monroe North costs $2,031.

What types of apartments are the cheapest in Monroe North?

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 16 regular apartments in Monroe North 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 Monroe North?

Cheap apartments in Monroe North have an average cost of $316 which is $1,715 cheaper than the average rent for all rentals in Monroe North.

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.