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from $9251 Bedroom Apartment Available Now
28 Jefferson Ave SE, Unit B
28 Jefferson Ave SEGrand Rapids, MI 49503
Cheap Apartments for Rent in the Downtown Grand Rapids Neighborhood of Grand Rapids, MI from $600 (16 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 $949Studio to 3 Bedroom Apartments Available Now
Heritage Collection
68 Ransom Ave NEGrand Rapids, MI 49503
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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 $1,115Studio to 3 Bedroom Apartments Available Now
234 Market Apartments
234 Market Ave SWGrand Rapids, MI 49503
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from $1,145Studio to 2 Bedroom Apartments Available Jul 12
Lofts at the Kendall
16 Monroe Center St NEGrand Rapids, MI 49503
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Showing Results 1-16, 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 | $1,325 | $950 | $2,500 |
| Downtown Grand Rapids 1 Bedroom Apartments | $1,531 | $925 | $3,500 |
| Downtown Grand Rapids 2 Bedroom Apartments | $1,841 | $900 | $2,675 |
| Downtown Grand Rapids 3 Bedroom Apartments | $1,823 | $800 | $2,900 |
| Downtown Grand Rapids 4 Bedroom Apartments | $638 | $635 | $640 |
Browse Apartments in this Neighborhood
There are currently 16 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. 234 Market Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,115. 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 |
| 234 Market Apartments | Studio Apartment Style G/J | Studio,1BA | $1,115 |
| Heritage Collection | Park Place - One Bedroom | 1BR,1BA | $1,199 |
| Venue Tower Apartments | Amber | Studio,1BA | $1,233 |
| The Morton | Studio | Studio,1BA | $1,261 |
Best Value Apartments for Rent in Downtown Grand Rapids, MI
As of April 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 | IONIA | 2BR,2BA | $1.96 |
| The Globe Apartments | 2x2b | 2BR,2BA | $1.61 |
| Grand Central Lofts | Two Bedroom | 2BR,1BA | $1.76 |
| City View Flats | One Bedroom | 1BR,1BA | $2.24 |
| The Lofts @ 5 Lyon | 2 Bedroom, 1 Bathroom - Price Per Bed | 2BR,1BA | $1.50 |
| 28 Jefferson Ave SE, Unit B | 28 Jefferson Ave SE | 1BR,1BA | $1.54 |
| Heritage Collection | Park Place - One Bedroom | 1BR,1BA | $2.40 |
| 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 $1,400.
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 $1,199, while the average apartment in Downtown Grand Rapids costs $1,939.
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 23 regular apartments in Downtown Grand Rapids that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Grand Rapids?
Cheap apartments in Downtown Grand Rapids have an average cost of $309 which is $1,630 cheaper than the average rent for all rentals in Downtown Grand Rapids.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.