Cheap Homes for Rent in Clay, MI from $700 (6 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.

Clay, MI Local Guide

Cheapest Available Clay Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clay, MI is a 1 Bed unit found at The Arbors Apartments in the Seminole Hills neighborhood priced from $825. Anchor Bay Apartments in the New Baltimore Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Clay apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Arbors Apartments1 Bedroom1BR,1BA$825
Anchor Bay Apartments1 Bedroom1BR,1BA$850
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1BA$895

Best Value Apartments for Rent in Clay, MI and Nearby

As of May 28, 2026 the best value apartment in the Clay area is the $1.23 price per square foot Two Bedroom One Bath Model at Weathervane in the in the Masonic Heights neighborhood starting from $1,225. The second greatest value Clay apartment is the Two Bedroom One Bath Model at Gray Estates Apartments starting at $1,144 with a $1.19 price per square foot . Here is today’s list of the best values for Clay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
WeathervaneTwo Bedroom One Bath2BR,1BA$1.23
Gray Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.19
Oakview Square2br 1bt 1000 sf2BR,1BA$1.11
Anchor Bay Apartments1 Bedroom1BR,1BA$0.89
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1.5BA$0.99
Belle River ApartmentsOne Bedroom with Deck1BR,1BA$1.19
Holiday Garden Apartments1 Bed 1 Bath1BR,1BA$1.13
Aspen Creek ApartmentsOne Bedroom1BR,1BA$1.22
Legacy on Riverside1 Bed, 1 bath1BR,1BA$1.21
The Arbors Apartments1 Bedroom1BR,1BA$1.18

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

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Frequently Asked Questions about Clay

What type of rentals are currently available in Clay?

There are currently 44 Apartments for Rent in Clay, MI with pricing that ranges from $640 to $2,545. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clay ranging from $750 to $7,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Clay ranges from $750 to $7,000 with an average monthly rent of $2,733.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.