Cheap Homes for Rent in Chelsea, MI from $1,500 (14 Rentals)

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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.

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.

Chelsea, MI Local Guide

Cheapest Neighborhoods for Apartments in Chelsea, MI

Pricing Updated: 07/11/2026

Current apartment rentals in the Chelsea, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Chelsea Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Heritage Pointe$2,100$2,1001

Cheapest Available Chelsea Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chelsea, MI is a 3 Beds unit found at 1722 W Liberty St in the New West Side neighborhood priced from $967. Pinckney Apartments in the Brookside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Chelsea apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1722 W Liberty St3 Bedroom (Per Person - $967)3BR,2BA$967
Pinckney ApartmentsPinckney Apartments - One Bedroom *ONE MONTHS R...1BR,1BA$995
Manchester FlatsThe Kent1BR,1BA$1,029
Hillcrest / Park PlaceThe Meadows1BR,1BA$1,049
985 Northwood St1 Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Chelsea, MI and Nearby

As of July 12, 2026 the best value apartment in the Chelsea area is the $1.32 price per square foot House Model at 807 S Main St in the in the North Central Ann Arbor neighborhood starting from $2,900. The second greatest value Chelsea apartment is the 726 Cattail Townhomes - Three Bedroom, Two Bath... Model at Cattail Lane Townhomes starting at $1,900 with a $1.58 price per square foot in the Brookside neighborhood. Here is today’s list of the best values for Chelsea apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
807 S Main StHouse3BR,1BA$1.32
Cattail Lane Townhomes726 Cattail Townhomes - Three Bedroom, Two Bath...3BR,2BA$1.58
1722 W Liberty St3 Bedroom (Per Person - $967)3BR,2BA$0.83
Meadowbrook VillageThe Starling2BR,2BA$1.41
Brown Street Apartments - 10 Min from UofM2-Bedroom2BR,1BA$1.60
Arbor LandingsFir1BR,1BA$1.62
Jackson West2 Bedroom2BR,1BA$1.56
Manchester WestThe Aphrodite1BR,1BA$1.59
Pinckney ApartmentsPinckney Apartments - One Bedroom *ONE MONTHS R...1BR,1BA$1.19
807 W Madison St1 Bedroom1BR,1BA$1.60

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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

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Frequently Asked Questions about Chelsea

What type of rentals are currently available in Chelsea?

There are currently 76 Apartments for Rent in Chelsea, MI with pricing that ranges from $995 to $6,460. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chelsea ranging from $1,550 to $4,995.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chelsea ranges from $1,550 to $4,995 with an average monthly rent of $2,525.

How much are larger Three and Four Bedroom Rentals in Chelsea?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chelsea range from $1,456 to $3,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,315.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.