
Cheap Apartments for Rent in the Downtown Muskegon Neighborhood of Muskegon, MI from $300 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Muskegon area of Muskegon.


487 W Grand Ave

Total Monthly Price
1625 Park St, Unit 2

1625 Park St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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TEN21 Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Beverly Hills Apartments
Downtown Muskegon, Muskegon, MI Local Guide

How much does it cost to rent an apartment in Downtown Muskegon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Muskegon Studio Apartments | $1,297 | $1,195 | $1,400 |
| Downtown Muskegon 1 Bedroom Apartments | $1,285 | $770 | $2,700 |
| Downtown Muskegon 2 Bedroom Apartments | $1,558 | $334 | $3,500 |
| Downtown Muskegon 3 Bedroom Apartments | $1,334 | $1,120 | $1,955 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Muskegon Neighborhood of Muskegon, MI.
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Downtown Muskegon, Muskegon, MI Local Guide
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Cheapest Available Downtown Muskegon Apartments for Rent
 The cheapest available apartment rental in the Downtown Muskegon area of Muskegon, MI is a 1 Bed unit found at Park Terrace priced from $873. Barclay Apartments & Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,065. Here are the most affordable Downtown Muskegon apartments for rent in Muskegon, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Terrace | 1B-ABF774L | 1BR,1BA | $873 |
| Barclay Apartments & Townhomes | 2 Bed 2 Bath Apartment | 2BR,2BA | $1,065 |
| The Village at Park Terrace | 2B-C-LI | 2BR,2BA | $1,099 |
Best Value Apartments for Rent in Downtown Muskegon, MI
As of August 15, 2026 the best value apartment in the Downtown Muskegon area is the $1.36 price per square foot 1206 Terrace St Model at 1206 Terrace St, Unit 2 in the in the Marsh Field neighborhood starting from $1,495. The second greatest value Downtown Muskegon apartment is the Apartment E Model at Lake View Lofts starting at $1,850 with a $1.85 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Downtown Muskegon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1206 Terrace St, Unit 2 | 1206 Terrace St | 2BR,1.5BA | $1.36 |
| Lake View Lofts | Apartment E | 2BR,1BA | $1.85 |
| 1160 W Laketon Ave | 1160 W Laketon Ave | 2BR,1BA | $1.80 |
| Barclay Apartments & Townhomes | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.07 |
| Park Terrace | 2B-C-982M | 2BR,2BA | $1.42 |
| The Village at Park Terrace | 2B-C-M | 2BR,2BA | $2.10 |
| Amazon Apartments | The Cedar | 1BR,1BA | $1.89 |
| Leonard Luxury Apartments | Furnished Middle City View | 1BR,1BA | $3.24 |
| Terrace Flats | One Bedroom/One Bath | 1BR,1BA | $1.79 |
| 1625 Park St, Unit 2 | 1625 Park St | 1BR,1BA | $1.94 |
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.
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.
Pet Friendly LifestyleDowntown Muskegon, Muskegon, MI
Ranked #14
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Muskegon. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Muskegon Apartments
How much is rent for a Cheap One Bedroom Downtown Muskegon Apartment?
The lowest price for a Cheap One Bedroom Downtown Muskegon Apartment is $873 at Park Terrace.
What is the lowest price for a Cheap Two Bedroom Downtown Muskegon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Muskegon is starting from $1,065 at Barclay Apartments & Townhomes.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.