Cheap Apartments for Rent in the Downtown Muskegon Neighborhood of Muskegon, MI from $300 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Muskegon area of Muskegon.

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.

property at 816 W Grand Ave

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1 Bath Home for Rent

Available Now

816 W Grand Ave

MuskegonMI49441
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Jefferson Towers
Studio to 1 Bedroom Apartments

Jefferson Towers

1077 Jefferson StMuskegon, MI 49440
Senior Living
  • Utilities Included

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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TEN21 Apartments
1 to 2 Bedroom Apartments

TEN21 Apartments

1021 Jefferson StMuskegon, MI 49440
  • Utilities Included
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Seniors of Nelson Place
1 to 2 Bedroom Apartments

Seniors of Nelson Place

350 Houston AveMuskegon, MI 49441
Senior Living
  • Utilities Included

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.

Downtown Muskegon, Muskegon, MI Local Guide

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 $1,030. Here are the most affordable Downtown Muskegon apartments for rent in Muskegon, MI:

Apartment ListingModel NameBed/BathPriced From
Park Terrace1B-A-876LI1BR,1BA$873
Barclay Apartments & Townhomes2 Bedroom Apartment2BR,1BA$1,030
930 Washington AveB1BR,1BA$1,200
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1,275
Amazon ApartmentsThe Spruce1BR,1BA$1,295

Best Value Apartments for Rent in Downtown Muskegon, MI

As of May 02, 2026 the best value apartment in the Downtown Muskegon area is the $1.85 price per square foot Apartment E Model at Lake View Lofts in the in the Lakeside neighborhood starting from $1,850. The second greatest value Downtown Muskegon apartment is the Unit D Model at HighPoint Flats Apartments starting at $1,700 with a $1.78 price per square foot in the Marsh Field neighborhood. Here is today’s list of the best values for Downtown Muskegon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake View LoftsApartment E2BR,1BA$1.85
HighPoint Flats ApartmentsUnit D2BR,1BA$1.78
Barclay Apartments & Townhomes2 Bedroom Apartment2BR,1BA$1.14
Park Terrace1B-A-870M1BR,1BA$1.32
Leonard Luxury ApartmentsFurnished Middle City View1BR,1BA$3.24
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1.79
930 Washington AveB1BR,1BA$1.94
Amazon ApartmentsThe Spruce1BR,1BA$2.42

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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
Downtown Muskegon, Muskegon, MI

Ranked #9

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

What is the price of a cheap apartment in Downtown Muskegon?

The cheapest apartment in Downtown Muskegon is Park Terrace which is listed at $873, while the average apartment in Downtown Muskegon costs $1,345.

What types of apartments are the cheapest in Downtown Muskegon?

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 4 regular apartments in Downtown Muskegon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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.

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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.

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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.