Cheap Apartments for Rent in Central Lake, MI from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Central Lake.

Parkview Apartments

PARK MEADOW APARTMENTS

Inland Lakes Motel

Bay Hill I

Green Meadows Apartments
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.

Pine Hills and Cedar Hills Apartments

602 Saunders Rd
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.
Central Lake, MI Local Guide

How much does it cost to rent an apartment in Central Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Lake Studio Apartments | $1,259 | $1,095 | $1,725 |
| Central Lake 1 Bedroom Apartments | $1,550 | $694 | $2,560 |
| Central Lake 2 Bedroom Apartments | $1,788 | $818 | $3,302 |
| Central Lake 3 Bedroom Apartments | $2,319 | $1,040 | $3,600 |
Browse Top Apartments in Central Lake
See all Apartments in Central LakeExplore Central Lake
Central Lake, MI Local Guide
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Cheapest Available Central Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Central Lake, MI is a 1 Bed unit found at Parkview Apartments in the Downtown Traverse City neighborhood priced from $694. Stargate Motel has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Central Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Stargate Motel | Dbl Queen. | 2BR,1BA | $800 |
| Inland Lakes Motel | Single Queen | 1BR,1BA | $800 |
| Pine Hills and Cedar Hills Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,000 |
| Studio's at The Vic | King | Studio,1BA | $1,199 |
Best Value Apartments for Rent in Central Lake, MI and Nearby
As of December 09, 2025 the best value apartment in the Central Lake area is the $0.94 price per square foot 2BD/1.5BA Model at Manitou Woods in the starting from $1,625. The second greatest value Central Lake apartment is the Cedar Model at Pines45 Apartments starting at $1,750 with a $1.48 price per square foot . Here is today’s list of the best values for Central Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Manitou Woods | 2BD/1.5BA | 2BR,1.5BA | $0.94 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Edge 72 | Voyager | 2BR,2BA | $1.75 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Alger Apartments | 2 bed - 2 bath | 2BR,2BA | $1.52 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.56 |
| Little Traverse Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.65 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.70 |
| Pine Hills and Cedar Hills Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.43 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
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 ArticleThe 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Central Lake, MI Rentals by Map
See the most popular apartments and homes in Central Lake, MI
Getting Around Central Lake, MI
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
30 / 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 Central Lake Apartments
What is the Cheapest Studio apartment in Central Lake?
Currently the most affordable Cheap Studio Apartment in Central Lake is at Studio's at The Vic listed at $1,199.
How much is rent for a Cheap One Bedroom Central Lake Apartment?
The lowest price for a Cheap One Bedroom Central Lake Apartment is $694 at Parkview Apartments.
What is the lowest price for a Cheap Two Bedroom Central Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Lake is starting from $800 at Stargate Motel.
What is the most affordable Central Lake Three Bedroom Apartment?
The best deal on a cheap Central Lake Three Bedroom Apartment rental is at Totem Lodges and starts from $1,300.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.






