Cheap Homes for Rent in Roosevelt Park Neighborhood of Grand Rapids, MI from $500 (20 Rentals)

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

property at 145 Eastern Ave NE

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

4 Bedroom, 1.5 Bath Home for Rent

Available May 1

145 Eastern Ave NE

Grand RapidsMI49503

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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!

property at 505 Cherry St SE

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available May 4

505 Cherry St SE, Unit 103

505 Cherry St SE
Grand RapidsMI49503

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 Diamond Place I priced from $1,048. 234 Market Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Roosevelt Park apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Diamond Place I1 Bedroom, 1 Bath1BR,1BA$1,048
234 Market ApartmentsMicro Apartment Style HStudio,1BA$1,120
Grand Central LoftsOne Bedroom1BR,1BA$1,150
Bridge Street LoftsStudio - 414 sfStudio,1BA$1,159
25 La Belle St SW2 Bedroom2BR,1BA$1,175

Best Value Apartments for Rent in Roosevelt Park, MI

As of March 19, 2026 the best value apartment in the Roosevelt Park area is the $1.21 price per square foot 44 Portsmouth Pl NE Model at 44 Portsmouth Pl NE, Unit 2 Bedroom 1 Bath in the in the Center City neighborhood starting from $1,450. The second greatest value Roosevelt Park apartment is the Two Bedroom Model at 601 Michigan starting at $1,695 with a $1.42 price per square foot in the Center City 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.
44 Portsmouth Pl NE, Unit 2 Bedroom 1 Bath44 Portsmouth Pl NE2BR,1BA$1.21
601 MichiganTwo Bedroom2BR,2BA$1.42
Waters House Apartments2 Bed 2 Bath2BR,2BA$1.64
Hopson Flats3 Bedroom, 1 Bath (Rate Per Bed)3BR,1BA$0.66
618 Veto St NW618 Veto St NW4BR,1BA$1.78
601 West2 bed 1 bath2BR,1BA$1.79
The Lofts Apartments2 Bedroom-1 Bath2BR,1BA$1.65
607 Fulton St ETwo Bed2BR,1BA$1.62
28 Jefferson Ave SE, Unit B28 Jefferson Ave SE1BR,1BA$1.54
The Lofts @ 5 Lyon - Price Per Bedroom2 Bedroom, 1 Bathroom - Price Per Bed2BR,1BA$1.67

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Frequently Asked Questions about Roosevelt Park

What type of rentals are currently available in Roosevelt Park?

There are currently 299 Apartments for Rent in Roosevelt Park, MI with pricing that ranges from $647 to $5,000. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roosevelt Park ranging from $550 to $4,250.

What is the current price range for Rental Homes in Roosevelt Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Roosevelt Park ranges from $550 to $4,250 with an average monthly rent of $1,969.

How much are larger Three and Four Bedroom Rentals in Roosevelt Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Roosevelt Park range from $747 to $2,584, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,100. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $647.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.