The Plaza Apartments
201 W Fulton St,
Grand Rapids, MI 49503
$1,555 - $4,170
1-2 Beds
Historic warehouses, brick-paved streets, and sidewalk cafes adorn Downtown Grand Rapids, the dynamic heart of the city. Downtown Grand Rapids, stretched along the Grand River and extending east to Lafayette Avenue, is home to several notable locations like the Grand Rapids Art Museum, the Grand Rapids Children's Museum, and Van Andel Arena. Directly across the river sits the Grand Valley State University: Pew Campus, the Grand Rapids Public Museum, and the Gerald Ford Presidential Museum. The pedestrian-friendly downtown district is home to a variety of shops, restaurants, theaters, museums, and entertainment venues -- so much so that once you rent your Downtown Grand Rapids apartment, you may rarely leave the area. But when you do, bus stops are available throughout the area. You'll find several parks downtown, including Rosa Parks Circle, which is popular for ice skating and outdoor concerts; Heartside Park, which has a playground, a walking path, and benches; and the Veterans Memorial, a green space in the center of downtown that features a reflecting pond and statues.
As of January 2026, the average apartment rent in Downtown Grand Rapids is $1,188 for a studio, $1,590 for one bedroom, $2,115 for two bedrooms, and $2,237 for three bedrooms. Apartment rent in Downtown Grand Rapids has increased by 1.7% in the past year.
Studio
417 sq ft
Average Sq Ft
$1,188/month
Average Rent
1 BR
609 sq ft
Average Sq Ft
$1,590/month
Average Rent
2 BR
1,021 sq ft
Average Sq Ft
$2,115/month
Average Rent
3 BR
1,365 sq ft
Average Sq Ft
$2,237/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
3,458
Communities
953,880
Units
889
Cities
714
Communities
197,515
Units
339
Cities
650
Communities
128,107
Units
252
Cities
627
Communities
171,407
Units
245
Cities
553
Communities
122,626
Units
220
Cities
470
Communities
110,682
Units
238
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.