Cheap Apartments for Rent in the Downtown Muskegon Neighborhood of Muskegon, MI from $300 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Muskegon area of Muskegon.

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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Jefferson Towers
Studio to 1 Bedroom Apartments

Jefferson Towers

1077 Jefferson StMuskegon, MI 49440
Senior Living
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 2 Beds apartment currently listed from $1,030. 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 & Townhomes2 Bedroom Apartment2BR,1BA$1,030
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1,275
HighPoint Flats ApartmentsOne Bedroom1BR,1BA$1,400
Amazon ApartmentsThe Maple2BR,1BA$1,605

Best Value Apartments for Rent in Downtown Muskegon, MI

As of December 30, 2025 the best value apartment in the Downtown Muskegon area is the $1.85 price per square foot Apartment E Model at Lake View Lofts in the in the Lakeside neighborhood starting from $1,850. The second greatest value Downtown Muskegon apartment is the 2B-C-982M Model at Park Terrace starting at $1,240 with a $1.26 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.
Lake View LoftsApartment E2BR,1BA$1.85
Park Terrace2B-C-982M2BR,2BA$1.26
Amazon ApartmentsTower Loft1BR,1BA$1.79
Barclay Apartments & Townhomes2 Bedroom Apartment2BR,1BA$1.14
Leonard Luxury ApartmentsFurnished Middle City View1BR,1BA$3.24
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1.99
HighPoint Flats ApartmentsOne Bedroom1BR,1BA$2.20
1094 Williams St, Unit 21094 Williams St2BR,1BA$1.50

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 #11

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

What is the price of a cheap apartment in Downtown Muskegon?

The cheapest apartment in Downtown Muskegon is Park Terrace which is listed at $873, while the average apartment in Downtown Muskegon costs $1,235.

What types of apartments are the cheapest in Downtown Muskegon?

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 11 regular apartments in Downtown Muskegon 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 Muskegon?

Cheap apartments in Downtown Muskegon have an average cost of $362 which is $873 cheaper than the average rent for all rentals in Downtown Muskegon.

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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!