Cheap Apartments for Rent in the Downtown Muskegon Neighborhood of Muskegon, MI from $300 (9 Rentals)

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

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1625 Park St, Unit 2
$775
Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775
1 Bedroom Apartment Available Now

1625 Park St, Unit 2

1625 Park StMuskegon, MI 49441
Furnished

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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Jefferson Towers
Studio to 1 Bedroom Apartments

Jefferson Towers

1077 Jefferson StMuskegon, MI 49440
Senior Living
  • Utilities Included
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TEN21 Apartments
1 to 2 Bedroom Apartments

TEN21 Apartments

1021 Jefferson StMuskegon, MI 49440
  • Utilities Included

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.

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 $1,065. Here are the most affordable Downtown Muskegon apartments for rent in Muskegon, MI:

Apartment ListingModel NameBed/BathPriced From
Park Terrace1B-ABF774L1BR,1BA$873
Barclay Apartments & Townhomes2 Bed 2 Bath Apartment2BR,2BA$1,065
The Village at Park Terrace2B-C-LI2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1206 Terrace St, Unit 21206 Terrace St2BR,1.5BA$1.36
Lake View LoftsApartment E2BR,1BA$1.85
1160 W Laketon Ave1160 W Laketon Ave2BR,1BA$1.80
Barclay Apartments & Townhomes2 Bed 2 Bath Apartment2BR,2BA$1.07
Park Terrace2B-C-982M2BR,2BA$1.42
The Village at Park Terrace2B-C-M2BR,2BA$2.10
Amazon ApartmentsThe Cedar1BR,1BA$1.89
Leonard Luxury ApartmentsFurnished Middle City View1BR,1BA$3.24
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1.79
1625 Park St, Unit 21625 Park St1BR,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.

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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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Pet Friendly Lifestyle
Downtown Muskegon, Muskegon, MI

Ranked #14

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

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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.