Cheap Homes for Rent in Cheboygan, MI from $1,000 (11 Rentals)

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

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.

property at 1209 Tweed St

1209 Tweed St

Sault Ste. MarieMI49783
property at 3220 Merritt St

3220 Merritt St

Harbor SpringsMI49740

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.

Cheboygan, MI Local Guide

Cheapest Available Cheboygan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cheboygan, MI is a Studio unit found at Victories Square priced from $429. Thunder Bay Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Cheboygan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Victories SquareStudioStudio,1BA$429
Thunder Bay EstatesC152BR,1BA$575
Presque Isle Estates15202BR,1BA$600
Lake Shore Estates412BR,1BA$675
Mackinaw ApartmentsTwo Bedroom2BR,1BA$840

Best Value Apartments for Rent in Cheboygan, MI and Nearby

As of October 10, 2025 the best value apartment in the Cheboygan area is the $0.79 price per square foot 3770 S Seymour Rd Model at 3770 S Seymour Rd, Unit Sandra Gervais in the starting from $1,500. The second greatest value Cheboygan apartment is the Three Bedroom Townhome Model at Edge 72 starting at $2,716 with a $1.45 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.
3770 S Seymour Rd, Unit Sandra Gervais3770 S Seymour Rd3BR,1BA$0.79
Edge 72Three Bedroom Townhome3BR,2.5BA$1.45
Pines45 ApartmentsCedar2BR,2BA$1.48
Osborn CommonsTwo Bedroom2BR,1BA$0.95
Lake Shore Estates412BR,1.5BA$0.77
13425 S Bugai Rd, Unit 113425 S Bugai Rd2BR,1BA$1.52
Victories SquareOne Bedroom LARGE1BR,1BA$1.31
Mackinaw ApartmentsTwo Bedroom2BR,1BA$1.10
Presque Isle Estates16182BR,1BA$0.80
Thunder Bay EstatesA242BR,1BA$1.00

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

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Frequently Asked Questions about Cheboygan

What type of rentals are currently available in Cheboygan?

There are currently 41 Apartments for Rent in Cheboygan, MI with pricing that ranges from $429 to $2,915. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheboygan ranging from $1,000 to $5,000.

What is the current price range for Rental Homes in Cheboygan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cheboygan ranges from $1,000 to $5,000 with an average monthly rent of $1,696.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.