Cheap Apartments for Rent in Caro, MI from $500 (58 Rentals)

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Turner Drive Apartments
Studio to 3 Bedroom Apartments

Turner Drive Apartments

1003-1005 Turner DrCaro, MI 48723
  • 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.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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
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Pineview Manor
1 to 2 Bedroom Apartments

Pineview Manor

9247 N Saginaw RdMount Morris, MI 48458
Corporate Housing
  • 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.

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Niche Carrollton
1 to 2 Bedroom Apartments

Niche Carrollton

3821 Bauer DrSaginaw, MI 48604
  • Utilities Included
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Webb Drive Apartments
1 to 2 Bedroom Apartments

Webb Drive Apartments

715-717 Webb DrBay City, MI 48706
  • Utilities Included

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.

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Caro, MI Local Guide

Cheapest Available Caro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Caro, MI is a Studio unit found at Bavarian Village priced from $525. Roger Thomas Apartments in the Burton Davison neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Caro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bavarian VillageStudioStudio,1BA$525
Roger Thomas ApartmentsOne Bedroom1BR,1BA$575
New Pine ApartmentsOne Bedroom1BR,1BA$600
Clio Senior Village1 Bed1BR,1BA$645
Pine Grove Apartments1 Bd1BR,1BA$700
Bay Valley Harbor ApartmentsStudio BedsitterStudio,1BA$735
Tradewinds Mobile Home CommunityUnavailable2BR,1BA$735
Country Way Townhomes1 Bedroom Townhome1BR,1BA$750
Lux off WashingtonLuxury Studio ApartmentStudio,1BA$775
Moore Rd 172 Bd2BR,1BA$780

Best Value Apartments for Rent in Caro, MI and Nearby

As of April 22, 2026 the best value apartment in the Caro area is the $1.09 price per square foot STANDARD-GARDEN LEVEL Model at Wicklow Apartments in the starting from $869. The second greatest value Caro apartment is the Two Bedroom Model at New Pine Apartments starting at $800 with a $1.00 price per square foot in the Mt Morris neighborhood. Here is today’s list of the best values for Caro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wicklow ApartmentsSTANDARD-GARDEN LEVEL2BR,1BA$1.09
New Pine ApartmentsTwo Bedroom2BR,1BA$1.00
Tradewinds Mobile Home CommunityUnavailable2BR,1BA$0.92
Old Orchard By The Bay ApartmentsThe Ellie1BR,1BA$1.16
Pine Grove Apartments1 Bd1BR,1BA$1.04
Country Way Townhomes1 Bedroom Townhome1BR,1BA$1.15
Country Squire Apartments2bed/1bath2BR,1BA$1.31
Clio Senior Village1 Bed1BR,1BA$0.99
Roger Thomas ApartmentsTwo Bedroom2BR,1BA$1.24
Moore Rd 172 Bd2BR,1BA$1.24

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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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Caro, MI

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Caro Apartments

What is the Cheapest Studio apartment in Caro?

Currently the most affordable Cheap Studio Apartment in Caro is at Bavarian Village listed at $525.

How much is rent for a Cheap One Bedroom Caro Apartment?

The lowest price for a Cheap One Bedroom Caro Apartment is $575 at Roger Thomas Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Caro is starting from $735 at Tradewinds Mobile Home Community.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.