Cheap Apartments for Rent in Bear Lake, MI from $400 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bear Lake.

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property at 2276 S M-37

2276 S M-37, Unit B

2276 S M-37
Traverse CityMI49685
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Annika Place
1 to 2 Bedroom Apartments

Annika Place

947 S Garfield AveTraverse City, MI 49686

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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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122 Hancock St
Studio to 3 Bedroom Apartments

122 Hancock St

122 Hancock StManistee, MI 49660
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Liv Wildwood
1 to 3 Bedroom Apartments

Liv Wildwood

153 S Wildwood TrlLudington, MI 49431

Bear Lake, MI Local Guide

Cheapest Available Bear Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bear Lake, MI is a 1 Bed unit found at Parkview Apartments in the Downtown Traverse City neighborhood priced from $694. The Flats at Carriage Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,081. Here is today’s list of the most affordable Bear Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkview ApartmentsOne bedroom1BR,1BA$694
The Flats at Carriage CommonsOne Bedroom1BR,1BA$1,081
Garfield OaksOne Bedroom1BR,1BA$1,200
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath1BR,1BA$1,200
Brookside CommonsTwo Bedroom2BR,1BA$1,227

Best Value Apartments for Rent in Bear Lake, MI and Nearby

As of September 08, 2025 the best value apartment in the Bear Lake area is the $1.88 price per square foot Terrace Estates Condos Model at Terrace Bluff Condominiums in the starting from $2,400. The second greatest value Bear Lake apartment is the 3 Bed/2 Bath Model at Swede Hill Apartments starting at $620 with a $0.53 price per square foot . Here is today’s list of the best values for Bear Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrace Bluff CondominiumsTerrace Estates Condos3BR,2BA$1.88
Swede Hill Apartments3 Bed/2 Bath3BR,2BA$0.53
Ridge45 ApartmentsLongitude South2BR,2BA$1.72
Chelsea Park WestBeech2BR,2BA$1.73
Brookside CommonsTwo Bedroom2BR,1BA$1.20
Legends Morgan FarmsLeland Bay1BR,1BA$1.77
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.66
Annika PlaceTwo Bedroom2BR,1BA$1.56
Pine Hills and Cedar Hills Apartments2 Bedroom 1 Bath2BR,1BA$1.87
Parkview ApartmentsOne bedroom1BR,1BA$1.06

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

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Getting Around Bear Lake, MI

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Bear Lake Apartments

How much is rent for a Cheap One Bedroom Bear Lake Apartment?

The lowest price for a Cheap One Bedroom Bear Lake Apartment is $694 at Parkview Apartments.

What is the lowest price for a Cheap Two Bedroom Bear Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bear Lake is starting from $454 at Ruth Park.

What is the most affordable Bear Lake Three Bedroom Apartment?

The best deal on a cheap Bear Lake Three Bedroom Apartment rental is at Brookside Commons and starts from $1,485.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.