Cheap Apartments for Rent in the Downtown Muskegon Neighborhood of Muskegon, MI from $300 (22 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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1160 W Laketon Ave
$1,100 - $1,800
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,800

Total Monthly Price
$1,100 - $1,800
1 to 2 Bedroom Apartment Available Now

1160 W Laketon Ave

1160 W Laketon AveMuskegon, MI 49441

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.

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111 E Grand Ave, Unit 1
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300
3 Bedroom Apartment Available Now

111 E Grand Ave, Unit 1

111 E Grand AveMuskegon, MI 49442
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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

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.

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 1 Bed apartment currently listed from $915. 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 & Townhomes1 Bedroom Apartment1BR,1BA$915
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1,275
Amazon ApartmentsThe Oak2BR,2BA$1,550
Lake View LoftsApartment E2BR,1BA$1,850

Best Value Apartments for Rent in Downtown Muskegon, MI

As of June 25, 2026 the best value apartment in the Downtown Muskegon area is the $1.38 price per square foot The Oak Model at Amazon Apartments in the in the Lakeside neighborhood starting from $1,550. The second greatest value Downtown Muskegon apartment is the 2B-B-1059M Model at Park Terrace starting at $1,383 with a $1.31 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.
Amazon ApartmentsThe Oak2BR,2BA$1.38
Park Terrace2B-B-1059M2BR,2BA$1.31
Lake View LoftsApartment E2BR,1BA$1.85
111 E Grand Ave, Unit 1111 E Grand Ave3BR,1BA$1.30
Leonard Luxury ApartmentsFurnished Middle City View1BR,1BA$3.24
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1.79
Barclay Apartments & Townhomes1 Bedroom Apartment1BR,1BA$1.53

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 #12

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

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 $1,048 at Park Terrace.

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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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.