
Cheap Apartments for Rent in Alma, MI from $425 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Alma.


Rivers Edge Apartments

Mary Court Place Apartments

Meadows Mobile Home Park

Countryside I, II, III & IV Apartments

Bridge Street North

Parkside Apartments

1316 S Michigan Ave

Rest All Suites

Eastlawn Arms Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Timber Creek Apartments

The Forum Apartments

1209 Gratiot Ave

Countryside Apartments

Total Monthly Price
The Dean - Utilities Included

Chase Run Apartments

French Quarters Apartments

Northwind Forest

Center City Lofts

Horizon Court Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Sturgis Crossings

Park Place Apartments

1419 4th St

Circle Shore Apartments

Cambridge Terrace

Midland Manor Apartments

Heritage Arms

Oakwood Place

Canterbury East Apartments

Woodland Place Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1820 South Apartments

Arboretum Apartment Homes

Autumn Ridge Apartments

Cranbrook Terrace - Senior Community

Gaylord Street Apartments

Lakeview Mobile Home Park

Cambridge Woods

1023 N Walnut St

Greenland Place Apartments

Shepley Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Woodside Apartments

320 N Cedar St

78 N 4th St

10749 E Pickard Rd

Rockway Village (Shepherd 33 LLC)

Linden Apartments

3467 S Summerton Rd

2445 S Isabella Rd

2921 Depot St

11324 E Rd
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.
Alma, MI Local Guide

How much does it cost to rent an apartment in Alma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alma Studio Apartments | $846 | $625 | $1,067 |
| Alma 1 Bedroom Apartments | $1,008 | $598 | $1,609 |
| Alma 2 Bedroom Apartments | $1,161 | $630 | $1,715 |
| Alma 3 Bedroom Apartments | $1,321 | $975 | $1,800 |
| Alma 4 Bedroom Apartments | $1,081 | $425 | $1,300 |
Browse Top Apartments in Alma
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Alma, MI Local Guide
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Cheapest Available Alma Apartments for Rent and Nearby
 The cheapest available apartment rental in Alma, MI is a 1 Bed unit found at Parkside Apartments priced from $598. Wright Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Alma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkside Apartments | One Bedroom | 1BR,1BA | $598 |
| Wright Ave Apartments | One Bedroom | 1BR,1BA | $600 |
| Rest All Suites | Studio, 1 bath | Studio,1BA | $625 |
| Rivers Edge Apartments | 1 Bedroom | 1BR,1BA | $650 |
| 1820 South Apartments | Sugar Maple | 1BR,1BA | $695 |
| Mary Court Place Apartments | Townhome | 2BR,1BA | $750 |
| Shepley Apartments | One Bedroom | 1BR,1BA | $775 |
| The Dean - Utilities Included | One Bedroom | 1BR,1BA | $804 |
| French Quarters Apartments | 2-Bedroom | 2BR,1BA | $825 |
| Horizon Court Apartments | 2 Bed | 2BR,1BA | $850 |
Best Value Apartments for Rent in Alma, MI and Nearby
As of September 11, 2026 the best value apartment in the Alma area is the $0.30 price per square foot Townhome Model at Appian Way Apartments in the starting from $425. The second greatest value Alma apartment is the Unit 17 Model at Cherry Street Town Houses starting at $1,300 with a $0.95 price per square foot . Here is today’s list of the best values for Alma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Appian Way Apartments | Townhome | 4BR,2BA | $0.30 |
| Cherry Street Town Houses | Unit 17 | 4BR,1.5BA | $0.95 |
| Michigan Edgewood | 4 Bed/1.5 Bath | 4BR,1.5BA | $1.08 |
| Cambridge Terrace | 2L - 2 Bedroom Lower | 2BR,1BA | $1.06 |
| The Edge at 1815 - Student Housing | Two Bedroom One Bathroom | 2BR,2BA | $0.51 |
| Heritage Arms | The Emerson | 2BR,1BA | $1.04 |
| Mary Court Place Apartments | Townhome | 2BR,1BA | $0.88 |
| Village at Bluegrass | B1 | 2BR,2BA | $0.65 |
| Circle Shore Apartments | Circle Shore | 2BR,1BA | $1.06 |
| Parkside Apartments | One Bedroom | 1BR,1BA | $1.04 |
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.
Read ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Alma, MI
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alma, MI Rentals by Map
See the most popular apartments and homes in Alma, MI
Frequently Asked Questions about Cheap Alma Apartments
How much is rent for a Cheap One Bedroom Alma Apartment?
The lowest price for a Cheap One Bedroom Alma Apartment is $598 at Parkside Apartments.
What is the lowest price for a Cheap Two Bedroom Alma Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alma is starting from $630 at Parkside Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.