Cheap Apartments for Rent in Bay City, MI from $500 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bay City.

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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Raven Lane Apartments
Studio to 1 Bedroom Apartments

Raven Lane Apartments

4495 Raven LnBay City, MI 48706
  • Utilities Included
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704 N Grant St
Studio to 2 Bedroom Apartments

704 N Grant St

704 N Grant StBay City, MI 48708
  • 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.

Bay City, MI Local Guide

Cheapest Neighborhoods for Apartments in Bay City, MI

Pricing Updated: 07/24/2025

Current apartment rentals in the Bay City, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Bay City Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Bay City$1,250$52013
Uptown Bay City$1,250$52013

Cheapest Available Bay City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bay City, MI is a Studio unit found at Lux off Washington in the Downtown Bay City neighborhood priced from $699. Pine Grove Apartments in the Downtown Bay City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Bay City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lux off WashingtonADA Accessible Studio Apartment HomeStudio,1BA$699
Pine Grove Apartments1 Bd1BR,1BA$700
Bay Valley Harbor ApartmentsStudio BedsitterStudio,1BA$725

Best Value Apartments for Rent in Bay City, MI and Nearby

As of July 24, 2025 the best value apartment in the Bay City area is the $0.75 price per square foot 816 N Sheridan St Model at 816 N Sheridan St, Unit 816 Corner unit in the in the Downtown Bay City neighborhood starting from $825. The second greatest value Bay City apartment is the 708 N Sheridan St Model at 708 N Sheridan St, Unit Upper starting at $800 with a $1.07 price per square foot in the Downtown Bay City neighborhood. Here is today’s list of the best values for Bay City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
816 N Sheridan St, Unit 816 Corner unit816 N Sheridan St2BR,1BA$0.75
708 N Sheridan St, Unit Upper708 N Sheridan St2BR,1BA$1.07
55+ Country Meadows1 Bedroom 1 Bathroom1BR,1BA$1.21
Village Square Apartments1 Bedroom1BR,1BA$1.16
Pine Grove Apartments1 Bd1BR,1BA$1.04
Garfield Manor1 Bed, 1 bath1BR,1BA$1.41
Bay Valley Harbor ApartmentsStudio BedsitterStudio ,1BA$1.77
Lux off WashingtonFurnished Luxury Studio ApartmentStudio ,1BA$5.23

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Getting Around Bay City, MI

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Bay City Apartments

What is a cheap apartment in Bay City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bay City is under $899.

What is the price of a cheap apartment in Bay City?

The cheapest apartment in Bay City is Pine Grove Apartments which is listed at $700, while the average apartment in Bay City costs $1,250.

What types of apartments are the cheapest in Bay City?

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 3 regular apartments in Bay City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.