Cheap Homes for Rent in Downtown Muskegon Neighborhood of Muskegon, MI from $800 (5 Rentals)

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Search the lowest-cost Homes 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.

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.

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. Terrace Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable Downtown Muskegon apartments for rent in Muskegon, MI:

Apartment ListingModel NameBed/BathPriced From
Park Terrace1B-ABF774L1BR,1BA$873
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1,275
Amazon ApartmentsThe Maple2BR,1BA$1,450

Best Value Apartments for Rent in Downtown Muskegon, MI

As of June 11, 2026 the best value apartment in the Downtown Muskegon area is the $1.31 price per square foot 2B-B-1059M Model at Park Terrace in the in the Lakeside neighborhood starting from $1,383. 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.
Park Terrace2B-B-1059M2BR,2BA$1.31
Lake View LoftsApartment E2BR,1BA$1.85
Amazon ApartmentsThe Maple2BR,1BA$1.55
Leonard Luxury ApartmentsFurnished Middle City View1BR,1BA$3.24
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1.79

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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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 #12

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Muskegon

What type of rentals are currently available in Downtown Muskegon?

There are currently 51 Apartments for Rent in Downtown Muskegon, MI with pricing that ranges from $770 to $3,500. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Muskegon ranging from $895 to $2,600.

What is the current price range for Rental Homes in Downtown Muskegon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Muskegon ranges from $895 to $2,600 with an average monthly rent of $1,740.

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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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.