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from $949Studio to 3 Bedroom Apartments Available Now
Heritage Collection
68 Ransom Ave NEGrand Rapids, MI 49503
Cheap Apartments for Rent in the Downtown Grand Rapids Neighborhood of Grand Rapids, MI from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Grand Rapids area of Grand Rapids.
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from $950Studio to 2 Bedroom Apartments Available Now
Grand Central Lofts
100 Commerce Ave SWGrand Rapids, MI 49503
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from $1,075Studio Apartments Available Now
Lafayette Apartment Homes
17 Lafayette AveGrand Rapids, MI 49503
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from $1,145Studio to 2 Bedroom Apartments Available Now
Lofts at the Kendall
16 Monroe Center St NEGrand Rapids, MI 49503
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Showing Results 1-14, Page 1 of 1
Downtown Grand Rapids, Grand Rapids, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Grand Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Grand Rapids Studio Apartments | $1,334 | $950 | $2,500 |
| Downtown Grand Rapids 1 Bedroom Apartments | $1,544 | $949 | $3,500 |
| Downtown Grand Rapids 2 Bedroom Apartments | $1,867 | $975 | $2,675 |
| Downtown Grand Rapids 3 Bedroom Apartments | $1,858 | $835 | $2,900 |
| Downtown Grand Rapids 4 Bedroom Apartments | $663 | $660 | $665 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown Grand Rapids Neighborhood of Grand Rapids, MI.
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Cheapest Available Downtown Grand Rapids Apartments for Rent
The cheapest available apartment rental in the Downtown Grand Rapids area of Grand Rapids, MI is a Studio unit found at Lafayette Apartment Homes priced from $1,075. Heritage Collection has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,139. Here are the most affordable Downtown Grand Rapids apartments for rent in Grand Rapids, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lafayette Apartment Homes | Studio | Studio,1BA | $1,075 |
| Heritage Collection | Park Place - One Bedroom | 1BR,1BA | $1,139 |
| Grand Central Lofts | One Bedroom | 1BR,1BA | $1,150 |
| 234 Market Apartments | Micro Apartment Style H | Studio,1BA | $1,230 |
| Venue Tower Apartments | Amber | Studio,1BA | $1,233 |
Best Value Apartments for Rent in Downtown Grand Rapids, MI
As of May 13, 2025 the best value apartment in the Downtown Grand Rapids area is the $0.65 price per square foot 3 bed/Price per Bed Model at Hopson Flats in the in the Center City neighborhood starting from $740. The second greatest value Downtown Grand Rapids apartment is the Two Bedroom Model at 20 Fulton Street East Apartments starting at $2,385 with a $2.26 price per square foot in the Center City neighborhood. Here is today’s list of the best values for Downtown Grand Rapids apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hopson Flats | 3 bed/Price per Bed | 3BR,1BA | $0.65 |
| 20 Fulton Street East Apartments | Two Bedroom | 2BR,2BA | $2.26 |
| The Plaza Apartments | OAKES | 2BR,2BA | $2.19 |
| 25 Lafayette Apartment Homes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.83 |
| Lofts at the Kendall | 401 2 Bed 1 Bath | 2BR,1BA | $2.28 |
| The Globe Apartments | 2x1a | 2BR,1BA | $1.74 |
| The Gallery | 08 Style - 1 Bedroom | 1BR,1BA | $2.25 |
| City View Flats | 1 Bedroom | 1BR,1BA | $2.05 |
| The Lofts @ 5 Lyon - Price Per Bedroom | 2 Bedroom, 1 Bathroom - Price Per Bed | 2BR,1BA | $1.63 |
| Lafayette Apartment Homes | Studio | Studio ,1BA | $2.16 |
Getting Around the Downtown Grand Rapids Neighborhood in Grand Rapids, MI
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
68 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Grand Rapids Apartments
What is a cheap apartment in Downtown Grand Rapids?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Grand Rapids is under $1,500.
What is the price of a cheap apartment in Downtown Grand Rapids?
The cheapest apartment in Downtown Grand Rapids is Heritage Collection which is listed at $1,139, while the average apartment in Downtown Grand Rapids costs $1,849.
What types of apartments are the cheapest in Downtown Grand Rapids?
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 21 regular apartments in Downtown Grand Rapids that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.