Cheap Apartments for Rent in Cheboygan, MI from $300 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Mackinaw Apartments
1 to 2 Bedroom Apartments

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
Corporate Housing
  • Utilities Included
close
View Me
Lighthouse Village
2 to 3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
  • Utilities Included
close
View Me
Cheboygan Shores
1 Bedroom Apartments

Cheboygan Shores

328 Duncan AveCheboygan, MI 49721
Senior Living
  • 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.

Read Article
property at 844 Queen St E

$750 - $1,300

Studio To 2 Bedroom Rentals

Available Now

844 Queen St E

Sault Ste MarieONP6A 2B2

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.

Read Article
property at 10964 N Mackinaw Hwy

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Apr 30

10964 N Mackinaw Hwy

Carp LakeMI49718

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.

Read Article
close
View Me
Victories Square
Studio to 2 Bedroom Apartments

Victories Square

1899 Migizi WayPetoskey, MI 49770
  • Utilities Included
close
View Me
Huron Apartments
1 to 2 Bedroom Apartments

Huron Apartments

210 W EtheringtonMackinaw City, MI 49701
Corporate Housing
close
View Me
Stargate Motel
2 to 3 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • Utilities Included
close
View Me
Inland Lakes Motel
1 to 2 Bedroom Apartments

Inland Lakes Motel

1225 S Grandview Beach RdIndian River, MI 49749
Corporate Housing
  • Utilities Included
close
View Me
Totem Lodges
1 to 3 Bedroom Apartments

Totem Lodges

4846 S Straits HwyIndian River, MI 49749
  • 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.

Read Article
Showing Results 1-37, Page 1 of 1

Cheboygan, MI Local Guide

Cheapest Available Cheboygan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cheboygan, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Thunder Bay Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Cheboygan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Presque Isle Estates14122BR,1BA$575
Thunder Bay EstatesB82BR,1BA$650
Hidden Brook Manor1 Bed1BR,1BA$790
Pinecrest Manor1 Bed1BR,1BA$794
Lake Shore Estates393BR,2BA$800
The AnnexUnit 51BR,1BA$1,200
Aspen VillageNew Double-Wide3BR,1BA$1,200
The Block at Petoskey1BA Rent & Income Restrictions Apply1BR,1BA$1,295
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$1,350

Best Value Apartments for Rent in Cheboygan, MI and Nearby

As of April 26, 2026 the best value apartment in the Cheboygan area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Cheboygan apartment is the 39 Model at Lake Shore Estates starting at $800 with a $0.75 price per square foot . Here is today’s list of the best values for Cheboygan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pines45 ApartmentsCedar2BR,2BA$1.48
Lake Shore Estates393BR,2BA$0.75
PinecrestPinecrest2BR,2BA$1.62
404 2nd St, Unit 2404 2nd St2BR,1BA$1.56
The AnnexUnit 31BR,1BA$1.66
Thunder Bay EstatesB82BR,1BA$0.89
Presque Isle Estates15202BR,1BA$0.94
The Block at Petoskey1BA Rent & Income Restrictions Apply1BR,1BA$1.97
Pinecrest Manor1 Bed1BR,1BA$1.32
Hidden Brook Manor1 Bed1BR,1BA$1.32

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.

Read Article
Decorative image

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
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Cheboygan, MI

School data provided by Great Schools

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

Explore Cheboygan, MI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Cheboygan, MI

View Map
Cheboygan, MI Apartments Map
View Map
Cheboygan, MI Rental Homes Map

Frequently Asked Questions about Cheap Cheboygan Apartments

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

The lowest price for a Cheap One Bedroom Cheboygan Apartment is $790 at Hidden Brook Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Cheboygan is starting from $575 at Presque Isle Estates.

What is the most affordable Cheboygan Three Bedroom Apartment?

The best deal on a cheap Cheboygan Three Bedroom Apartment rental is at Presque Isle Estates and starts from $650.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.