
Cheap Homes for Rent in Cheboygan, MI from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Cheboygan.


421 E Spruce St

13 Cedar Grove Dr
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.

81 Parkside Dr

5679 Creeks Crossing, Unit 5679

614 W Mitchell St, Unit UnitA
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.

5680 Creeks Crossing, Unit 5680
Cheboygan, MI Local Guide

How much does it cost to rent a home in Cheboygan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheboygan 2 Bedroom Homes for Rent | $2,566 | $850 | $5,000 |
| Cheboygan 3 Bedroom Homes for Rent | $2,010 | $900 | $2,950 |
| Cheboygan 4 Bedroom Homes for Rent | $1,950 | $1,400 | $2,500 |
| Cheboygan 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Top Homes for Rent in Cheboygan
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Cheboygan, MI Local Guide
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Cheapest Available Cheboygan Apartments for Rent and Nearby
 The cheapest available apartment rental in Cheboygan, MI is a 2 Beds unit found at Osborn Commons priced from $444. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Osborn Commons | Two Bedroom | 2BR,1BA | $444 |
| Thunder Bay Estates | A23 | 2BR,1BA | $575 |
| Presque Isle Estates | 1520 | 2BR,1BA | $600 |
Best Value Apartments for Rent in Cheboygan, MI and Nearby
As of November 25, 2025 the best value apartment in the Cheboygan area is the $1.45 price per square foot Three Bedroom Townhome Model at Edge 72 in the starting from $2,716. The second greatest value Cheboygan apartment is the Poppa Bear - Upper Model at Bear Creek Meadows - Petoskey, MI starting at $1,725 with a $1.38 price per square foot . Here is today’s list of the best values for Cheboygan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edge 72 | Three Bedroom Townhome | 3BR,2.5BA | $1.45 |
| Bear Creek Meadows - Petoskey, MI | Poppa Bear - Upper | 3BR,2BA | $1.38 |
| Osborn Commons | Three Bedroom | 3BR,2BA | $0.99 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Lake Shore Estates | 41 | 2BR,1.5BA | $0.77 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $1.85 |
| The Annex | Unit 3 | 1BR,1BA | $1.58 |
| Presque Isle Estates | 1618 | 2BR,1BA | $0.80 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.01 |
| Thunder Bay Estates | A24 | 2BR,1BA | $1.00 |
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.
Best Local Schools in Cheboygan, MI
School data provided by Great Schools
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 40 Apartments for Rent in Cheboygan, MI with pricing that ranges from $575 to $20,850. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheboygan ranging from $850 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 $850 to $5,000 with an average monthly rent of $1,808.
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.

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.

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.