
Cheap Apartments for Rent in Bear Lake, MI from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Bear Lake.


17055 Easy Way
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.

530 N Michigan Ave

532 N Michigan Ave

Bay Hill I

Cadillac Lofts

Lofts on Rowe
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.

The Flats at Carriage Commons
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

314 E Pine St
Bear Lake, MI Local Guide

How much does it cost to rent an apartment in Bear Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Bear Lake Studio Apartments | $1,476 | $1,071 | $3,000 |
Bear Lake 1 Bedroom Apartments | $1,588 | $635 | $2,800 |
Bear Lake 2 Bedroom Apartments | $2,049 | $815 | $3,800 |
Bear Lake 3 Bedroom Apartments | $2,347 | $1,157 | $3,600 |
Browse Top Apartments in Bear Lake
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Bear Lake, MI Local Guide
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Cheapest Available Bear Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Bear Lake, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $454. Annika Place in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $476. Here is today’s list of the most affordable Bear Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ruth Park | Two Bedroom | 2BR,1BA | $454 |
Annika Place | Two Bedroom | 2BR,1BA | $476 |
The Flats at Carriage Commons | One Bedroom | 1BR,1BA | $1,081 |
Brookside Commons | Two Bedroom | 2BR,1BA | $1,227 |
Cadillac Lofts | 2-Bedroom | 2BR,1BA | $1,516 |
Best Value Apartments for Rent in Bear Lake, MI and Nearby
As of July 25, 2025 the best value apartment in the Bear Lake area is the $1.87 price per square foot Furnished Single Family Model at Woodbury Estates - SINGLE FAMILY HOMES in the starting from $2,999. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Woodbury Estates - SINGLE FAMILY HOMES | Furnished Single Family | 3BR,2BA | $1.87 |
Swede Hill Apartments | 3 Bed/2 Bath | 3BR,2BA | $0.53 |
Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
331 Main St, Unit #2 | 331 Main St | 1BR,1BA | $1.00 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
Annika Place | Two Bedroom | 2BR,1BA | $0.52 |
Legends Morgan Farms | Harbor | 1BR,1BA | $2.31 |
Cadillac Lofts | 2-Bedroom | 2BR,1BA | $2.04 |
The Flats at Carriage Commons | Studio | Studio ,1BA | $2.19 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bear Lake, MI Rentals by Map
See the most popular apartments and homes in Bear Lake, MI
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,081 at The Flats at Carriage Commons.
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 Ruth Park and starts from $1,800.
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.

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.

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.

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.

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.