Cheap Apartments for Rent near Bay Shore, MI from $694 (38 Rentals)

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

property at 853 E Front St
$950 - $1,350

Total Monthly Price

Base Rent$950 - $1,350

Total Monthly Price$950 - $1,350
1 To 2 Bedroom Homes for Rent
Available Oct 27
Furnished

853 E Front St

Traverse CityMI49686
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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.

property at 7621 Thomas St
$1,225

Total Monthly Price

Base Rent$1,225

Total Monthly Price$1,225
2 Bedroom, 1 Bath Home for Rent
Available Oct 9

7621 Thomas St, Unit 1

7621 Thomas St
Central LakeMI49622
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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.

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Victories Square
Studio to 2 Bedroom Apartments

Victories Square

1899 Migizi WayPetoskey, MI 49770
  • Utilities Included
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Annika Place
1 to 2 Bedroom Apartments

Annika Place

947 S Garfield AveTraverse City, MI 49686
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Ruth Park
1 to 3 Bedroom Apartments

Ruth Park

520 Wellington StTraverse City, MI 49686
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Brookside Commons
1 to 3 Bedroom Apartments

Brookside Commons

4155 Sprucewood DrTraverse City, MI 49684
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Stargate Motel
2 to 3 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • Utilities Included
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Huron Apartments
1 to 2 Bedroom Apartments

Huron Apartments

210 W EtheringtonMackinaw City, MI 49701
Corporate Housing

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.

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Mackinaw Apartments
1 to 2 Bedroom Apartments

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
Corporate Housing
  • Utilities Included
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Lighthouse Village
2 to 3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
  • Utilities Included
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Inland Lakes Motel
1 to 2 Bedroom Apartments

Inland Lakes Motel

1225 S Grandview Beach RdIndian River, MI 49749
Corporate Housing
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Cheboygan Shores
1 Bedroom Apartments

Cheboygan Shores

328 Duncan AveCheboygan, MI 49721
Senior Living
  • Utilities Included
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Garfield Oaks
1 to 2 Bedroom Apartments

Garfield Oaks

3011 Garfield Rd NTraverse City, MI 49686
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Liv Arbors
1 to 5 Bedroom Apartments

Liv Arbors

2955 Leggett DrTraverse City, MI 49685
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Totem Lodges
1 to 3 Bedroom Apartments

Totem Lodges

4846 S Straits HwyIndian River, MI 49749
  • Utilities Included

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.

Bay Shore, MI Local Guide

Cheapest Available Bay Shore Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bay Shore, MI is a 1 Bed unit found at Riverview Terrace in the Downtown Traverse City neighborhood priced from $50. Annika Place in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $463. Here is today’s list of the most affordable Bay Shore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Terrace1 Bedroom R1BR,1BA$50
Annika Place1 Bedroom 1 Bath1BR,1BA$463
Parkview ApartmentsOne bedroom1BR,1BA$694
Oak Terrace1 BEDROOM1BR,1BA$796
Mackinaw ApartmentsTwo Bedroom2BR,1BA$855
Brookside Commons2 Bedroom B2BR,1BA$887
PARK MEADOW APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1,080
Lighthouse Gardens Apartments1Br1BR,1BA$1,146
Aspen VillageNew Double-Wide3BR,1BA$1,200
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$1,350

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

As of September 10, 2026 the best value apartment in the Bay Shore area is the $1.63 price per square foot Ottawa Model at Liv East Bay in the starting from $3,395. The second greatest value Bay Shore apartment is the Townhouse Ln Model at Townhouse Lane starting at $1,395 with a $1.29 price per square foot . Here is today’s list of the best values for Bay Shore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Liv East BayOttawa5BR,2.5BA$1.63
Townhouse LaneTownhouse Ln2BR,1.5BA$1.29
Brookside Commons2 Bedroom A2BR,1BA$1.37
Annika Place2 Bedroom 1 Bath C2BR,1BA$1.91
Edge 72Traveler1BR,1BA$1.92
Mackinaw ApartmentsTwo Bedroom2BR,1BA$1.12
Parkview ApartmentsOne bedroom1BR,1BA$0.95
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$2.05
Lighthouse Gardens Apartments1Br1BR,1BA$1.76
Oak Terrace1 BEDROOM1BR,1BA$1.38

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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Navigating 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.

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Bay Shore Apartments

How much is rent for a Cheap One Bedroom Bay Shore Apartment?

The lowest price for a Cheap One Bedroom Bay Shore Apartment is $50 at Riverview Terrace.

What is the lowest price for a Cheap Two Bedroom Bay Shore Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bay Shore is starting from $855 at Mackinaw Apartments.

What is the most affordable Bay Shore Three Bedroom Apartment?

The best deal on a cheap Bay Shore Three Bedroom Apartment rental is at PARK MEADOW APARTMENTS and starts from $1,080.

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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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.

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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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.