Cheap Apartments for Rent in the Roosevelt Park Neighborhood of Grand Rapids, MI from $393 (132 Rentals)

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

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property at 329 Lyon St NE
$1,349 - $1,374
1 To 2 Bedroom Rentals
Available Now

329 Lyon St NE

Grand RapidsMI49503

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 1 Bed unit found at 28 Gold Ave SW priced from $1,100. One South has the second lowest priced unit, which is a Studio apartment currently listed from $1,149. Here are the most affordable Roosevelt Park apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
28 Gold Ave SW1BR/1.0BA1BR, 1BA$1,100
One SouthStudioStudio, 1BA$1,149
Grand Central LoftsOne Bedroom1BR, 1BA$1,150
Midtown CityZenStudioStudio, 1BA$1,173
234 Market ApartmentsMicro Apartment Style HStudio, 1BA$1,175
25 La Belle St SW2 Bedroom2BR, 1BA$1,175
VerdantElevated on Bridge Street - StudioStudio, 1BA$1,260
Waters House ApartmentsStudioStudio, 1BA$1,316
Gateway at BelknapStudioStudio, 1BA$1,316

Best Value Apartments for Rent in Roosevelt Park, MI

As of September 17, 2026 the best value apartment in the Roosevelt Park area is the $1.42 price per square foot 447 Emerald Ave NE Model at 447 Emerald Ave NE, Unit 1 in the Belknap Lookout neighborhood starting from $1,850. The second greatest value Roosevelt Park apartment is the Two Bedroom Model at 601 Michigan in the Center City neighborhood starting at $1,795 with a $1.51 price per square foot. 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.
447 Emerald Ave NE, Unit 1447 Emerald Ave NE3BR, 1BA$1.42
601 MichiganTwo Bedroom2BR, 1BA$1.51
Freyling Mendels Apartments2bed/2bath Apartment2BR, 2BA$1.64
607 Fulton St EThree Bed3BR, 1BA$1.68
The Emory2BR/1.0BA2BR, 1BA$1.78
Hopson FlatsGrand2BR, 1BA$1.05
127 Paddock Ave SE127 Paddock Ave SE2BR, 1BA$1.72
The Globe Apartments1 Bedroom1BR, 1BA$1.66
616 Sibley St NW, Unit 616 Sibley Unit 2616 Sibley St NW1BR, 1BA$1.43
The Lofts @ 5 Lyon2 Bedroom, 1 Bathroom - Price Per Bed2BR, 1BA$1.62

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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
Roosevelt Park, Grand Rapids, MI

School data provided by Great Schools

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!

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 $1,316.

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

The cheapest apartment in Roosevelt Park is 28 Gold Ave SW which is listed at $1,100, while the average apartment in Roosevelt Park costs $1,632.

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 26 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 $494 which is $1,138 cheaper than the average rent for all rentals in Roosevelt Park.

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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Written by: Mike Heuer

My name is Mike, and I am your ApartmentHomeLiving.com guide for the greater Grand Rapids area.

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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.

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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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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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