Cheap Apartments for Rent in the Roosevelt Park Neighborhood of Grand Rapids, MI from $300 (56 Rentals)

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

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.

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.

property at 810 Hovey St SW

810 Hovey St SW

Grand RapidsMI49504

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Lafayette Apartments
Studio to 2 Bedroom Apartments

Lafayette Apartments

143-145 Lafayette Ave NEGrand Rapids, MI 49503
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101 South Division Lofts
1 to 2 Bedroom Apartments

101 South Division Lofts

101 Division Ave SGrand Rapids, MI 49503
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Lofts on Prospect
Studio to 2 Bedroom Apartments

Lofts on Prospect

253 Prospect Ave NEGrand Rapids, MI 49503
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Stockbridge Apartments
Studio to 3 Bedroom Apartments

Stockbridge Apartments

636 1st St NWGrand Rapids, MI 49504
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Roosevelt Park - One of the Best Affordable Neighborhoods in Grand Rapids

Named as one of the Best Affordable Neighborhoods to rent in Grand Rapids by our Local Expert Mike Heuer. See how it ranks!

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Heritage Collection
Studio to 3 Bedroom Apartments

Heritage Collection

68 Ransom Ave NEGrand Rapids, MI 49503
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Half Century Apartments
Studio to 2 Bedroom Apartments

Half Century Apartments

14-16 Jefferson Ave SEGrand Rapids, MI 49503
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Grand City Heights
Studio to 2 Bedroom Apartments

Grand City Heights

333 Commerce Ave SWGrand Rapids, MI 49503
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123 Division Ave S
1 to 2 Bedroom Apartments

123 Division Ave S

123 Division Ave SGrand Rapids, MI 49503
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43 Lafayette Ave
Studio to 1 Bedroom Apartments

43 Lafayette Ave

43 Lafayette AveGrand Rapids, MI 49503
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Iowa Flats
Studio to 3 Bedroom Apartments

Iowa Flats

119-125 Jefferson Ave SEGrand Rapids, MI 49503
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Fountain Hill Flats
1 to 2 Bedroom Apartments

Fountain Hill Flats

301 Fountain St NEGrand Rapids, MI 49503
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550 Paris
Studio to 2 Bedroom Apartments

550 Paris

550 Paris Ave SEGrand Rapids, MI 49503
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One South
Studio to 2 Bedroom Apartments

One South

41 Division Ave SGrand Rapids, MI 49503
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Sheldon Apartments
1 to 2 Bedroom Apartments

Sheldon Apartments

1010 Sheldon Ave SEGrand Rapids, MI 49507
Senior Living
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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

Roosevelt Park, Grand Rapids, MI Local Guide

Cheapest Available Roosevelt Park Apartments for Rent

 

The cheapest available apartment rental in the Roosevelt Park area of Grand Rapids, MI is a Studio unit found at Lafayette Apartment Homes priced from $995. Freyling Mendels Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable Roosevelt Park apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Lafayette Apartment HomesStudio, 1 BathroomStudio,1BA$995
Freyling Mendels ApartmentsStudio ApartmentStudio,1BA$1,030
Diamond Place I1 Bedroom, 1 Bath1BR,1BA$1,048
The Lofts @ 5 Lyon - Price Per BedroomStudioStudio,1BA$1,050
234 Market ApartmentsStudio Apartment Style G/JStudio,1BA$1,150
Bridge Street LoftsStudio - 451 sfStudio,1BA$1,165
Gateway at BelknapStudioStudio,1BA$1,174

Best Value Apartments for Rent in Roosevelt Park, MI

As of December 08, 2025 the best value apartment in the Roosevelt Park area is the $1.61 price per square foot Standard Townhome Model at 937 Fulton St W in the in the Belknap Lookout neighborhood starting from $2,900. The second greatest value Roosevelt Park apartment is the 906 Fairmount St SE Model at 906 Fairmount St SE starting at $2,200 with a $1.52 price per square foot in the Belknap Lookout neighborhood. Here is today’s list of the best values for Roosevelt Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
937 Fulton St WStandard Townhome4BR,4.5BA$1.61
906 Fairmount St SE906 Fairmount St SE3BR,1BA$1.52
601 MichiganTwo Bedroom2BR,2BA$1.42
511 Bridge St NW511 Bridge St NW3BR,1BA$1.52
Madison Apartment Homes1 Bedroom, 1 Bathroom1BR,1BA$1.54
Hopson Flats2 Bedroom, 1 Bath (Rate Per Bed)2BR,1BA$0.94
25 Lafayette Apartment Homes2 Bedrooms, 1 Bathroom2BR,1BA$1.57
725 Michigan St NE, Unit #1725 Michigan St NE1BR,1BA$1.33
607 Fulton St ETwo Bed2BR,1BA$1.62
28 Jefferson Ave SE, Unit B28 Jefferson Ave SE1BR,1BA$1.54

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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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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Pet Friendly Lifestyle
Roosevelt Park, Grand Rapids, MI

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Michigan, including Grand Rapids. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Roosevelt Park Neighborhood in Grand Rapids, MI

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Roosevelt Park Apartments

What is a cheap apartment in Roosevelt Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Roosevelt Park is under $1,174.

What is the price of a cheap apartment in Roosevelt Park?

The cheapest apartment in Roosevelt Park is Diamond Place I which is listed at $1,048, while the average apartment in Roosevelt Park costs $2,700.

What types of apartments are the cheapest in Roosevelt Park?

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 14 regular apartments in Roosevelt Park 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 Roosevelt Park?

Cheap apartments in Roosevelt Park have an average cost of $216 which is $2,484 cheaper than the average rent for all rentals in Roosevelt Park.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!