
Cheap Apartments for Rent in the Downtown Muskegon Neighborhood of Muskegon, MI from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Muskegon area of Muskegon.


Park Terrace

99 Houston Ave

Oakhill Village

Barclay Apartments & Townhomes

488 W Muskegon Ave
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.

930 Washington Ave

Terrace Flats

816 W Grand Ave

HighPoint Flats Apartments

Jefferson Towers

Samaritas Affordable Living Muskegon
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.

TEN21 Apartments

The Berkshire Muskegon Senior Apartments

216 W Grand Ave

Seniors of Nelson Place

39 Iona Ave

293 Mason Ave
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.

1467 Division St

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 | $1,145 | $1,145 | $1,145 |
| Downtown Muskegon 1 Bedroom Apartments | $1,228 | $770 | $2,700 |
| Downtown Muskegon 2 Bedroom Apartments | $1,631 | $900 | $3,500 |
| Downtown Muskegon 3 Bedroom Apartments | $1,297 | $1,120 | $1,955 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Downtown Muskegon Neighborhood of Muskegon, MI.
See all Apartments in MuskegonExplore Muskegon
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 $1,030. Here are the most affordable Downtown Muskegon apartments for rent in Muskegon, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Terrace | 1B-A-876LI | 1BR,1BA | $873 |
| Barclay Apartments & Townhomes | 2 Bedroom Apartment | 2BR,1BA | $1,030 |
| 930 Washington Ave | B | 1BR,1BA | $1,200 |
| Terrace Flats | One Bedroom/One Bath | 1BR,1BA | $1,275 |
| Amazon Apartments | The Spruce | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake View Lofts | Apartment E | 2BR,1BA | $1.85 |
| HighPoint Flats Apartments | Unit D | 2BR,1BA | $1.78 |
| Barclay Apartments & Townhomes | 2 Bedroom Apartment | 2BR,1BA | $1.14 |
| Park Terrace | 1B-A-870M | 1BR,1BA | $1.32 |
| Leonard Luxury Apartments | Furnished Middle City View | 1BR,1BA | $3.24 |
| Terrace Flats | One Bedroom/One Bath | 1BR,1BA | $1.79 |
| 930 Washington Ave | B | 1BR,1BA | $1.94 |
| Amazon Apartments | The Spruce | 1BR,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.
Read Article10 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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 #9
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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
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

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.

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.

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.

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.