602 Saunders Rd SE
KalkaskaMI49646
Cheap Homes for Rent near Beaver Island, MI from $650 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Beaver Island.
402 S Ravine St
Sault Ste. MarieMI49783
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.
807 Young St
Sault Ste. MarieMI49783
1008 Tweed St
Sault Ste. MarieMI49783
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.
8266 Hiawatha Ave
ManistiqueMI49854
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Beaver Island, MI Local Guide
Beaver Island Ferry by Mike Maehr is licensed under CC BY 2.0
How much does it cost to rent a home in Beaver Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Beaver Island 2 Bedroom Homes for Rent | $1,547 | $1,075 | $2,150 |
| Beaver Island 3 Bedroom Homes for Rent | $2,282 | $1,599 | $3,500 |
| Beaver Island 4 Bedroom Homes for Rent | $2,150 | $1,900 | $2,400 |
| Beaver Island 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Beaver Island, MI Local Guide
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Cheapest Available Beaver Island Apartments for Rent and Nearby
The cheapest available apartment rental in Beaver Island, MI is a 1 Bed unit found at Annika Place in the Downtown Traverse City neighborhood priced from $463. Parkview Apartments in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $694. Here is today’s list of the most affordable Beaver Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Annika Place | 1 Bedroom 1 Bath | 1BR,1BA | $463 |
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
Best Value Apartments for Rent in Beaver Island, MI and Nearby
As of September 05, 2026 the best value apartment in the Beaver Island 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 Beaver Island apartment is the 3 Bedroom 2 Bathroom Model at PARK MEADOW APARTMENTS starting at $1,080 with a $0.89 price per square foot . Here is today’s list of the best values for Beaver Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liv East Bay | Ottawa | 5BR,2.5BA | $1.63 |
| PARK MEADOW APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.89 |
| Townhouse Lane | Townhouse Ln | 2BR,1.5BA | $1.29 |
| Osborn Commons | 2x1 | 2BR,1BA | $1.25 |
| Brookside Commons | 2 Bedroom A | 2BR,1BA | $1.37 |
| Pines45 Apartments | Alpine | 1BR,1BA | $1.73 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.11 |
| The Annex | Unit 3 | 1BR,1BA | $1.66 |
| Parkview Apartments | One bedroom | 1BR,1BA | $0.95 |
| Oak Terrace | 1 BEDROOM | 1BR,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.
Read Article
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.
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.
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See the most popular apartments and homes in Beaver Island, MI
Frequently Asked Questions about Beaver Island
What type of rentals are currently available in Beaver Island?
There are currently 60 Apartments for Rent in Beaver Island, MI with pricing that ranges from $796 to $3,500. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Beaver Island ranging from $650 to $3,500.
What is the current price range for Rental Homes in Beaver Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Beaver Island ranges from $650 to $3,500 with an average monthly rent of $1,854.
How much are larger Three and Four Bedroom Rentals in Beaver Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Beaver Island range from $1,080 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,599 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,775.
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.