Cheap Apartments for Rent in the Michigan Street Neighborhood of Grand Rapids, MI from $600 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Michigan Street area of Grand Rapids.

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Emerald Flats
Studio to 2 Bedroom Apartments

Emerald Flats

811 Emerald Ave NEGrand Rapids, MI 49503
  • Utilities Included
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432 Fountain Apartments
1 to 2 Bedroom Apartments

432 Fountain Apartments

432 Fountain St NEGrand Rapids, MI 49503
  • Utilities Included
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500 Cedar St NE
1 Bedroom Apartments

500 Cedar St NE

500-536 Cedar St NEGrand Rapids, MI 49503
  • Utilities Included

Michigan Street, Grand Rapids, MI Local Guide

Cheapest Available Michigan Street Apartments for Rent

 

The cheapest available apartment rental in the Michigan Street area of Grand Rapids, MI is a 1 Bed unit found at Westminster Meadows - Senior priced from $1,025. Diamond Place I has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,048. Here are the most affordable Michigan Street apartments for rent in Grand Rapids, MI:

Apartment ListingModel NameBed/BathPriced From
Westminster Meadows - Senior1 Bedroom w/ Patio Option1BR,1BA$1,025
Diamond Place I1 Bedroom, 1 Bath1BR,1BA$1,048
The Gateway at BelknapStudioStudio,1BA$1,167
Southview Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,200
Heritage PlaceStudioStudio,1BA$1,202

Best Value Apartments for Rent in Michigan Street, MI

As of March 23, 2025 the best value apartment in the Michigan Street area is the $1.87 price per square foot 2bed/1bath Model at Historic Kingsley Building in the in the Belknap Lookout neighborhood starting from $1,865. The second greatest value Michigan Street apartment is the 470 Houseman Ave NE Model at 470 Houseman Ave NE, Unit 1 starting at $1,600 with a $1.60 price per square foot in the Belknap Lookout neighborhood. Here is today’s list of the best values for Michigan Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Historic Kingsley Building2bed/1bath2BR,1BA$1.87
470 Houseman Ave NE, Unit 1470 Houseman Ave NE3BR,1BA$1.60
607 Fulton St EFour Bed4BR,1BA$2.00
429 Shirley St NE, Unit 1429 Shirley St NE2BR,1BA$1.58
127 Paddock Ave SE, Unit Apt A127 Paddock Ave SE2BR,1BA$1.67
Icon on BondVegas1BR,1.5BA$2.05
Diamond Place I2 Bedroom, 1 Bath2BR,1BA$1.97
Briarlane ApartmentsOne Bedroom, 1 Bath1BR,1BA$1.98
Waters House ApartmentsCharleston2BR,1BA$2.02
Westminster Meadows - Senior1 Bedroom w/ Patio Option1BR,1BA$1.81

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Pet Friendly Lifestyle
Michigan Street, Grand Rapids, MI

Ranked #25

Among neighborhoods in Grand Rapids, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Michigan Street Apartments

What is a cheap apartment in Michigan Street?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Michigan Street is under $1,324.

What is the price of a cheap apartment in Michigan Street?

The cheapest apartment in Michigan Street is Westminster Meadows - Senior which is listed at $1,025, while the average apartment in Michigan Street costs $2,200.

What types of apartments are the cheapest in Michigan Street?

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 440 regular apartments in Michigan Street 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 Michigan Street?

Cheap apartments in Michigan Street have an average cost of $222 which is $1,978 cheaper than the average rent for all rentals in Michigan Street.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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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.