
Cheap Homes for Rent in Colon, MI from $800 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Colon.


4010 K Dr S

720 S Park St

100 Upton Ave

16950 Woodland Dr
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.

3013 Portage St

6314 E Jk Ave

6133 King Hwy

4650 Capital Ave SW

5350 Glenn Cross Rd
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.

444 Garland St

722 Buchanan Ave

2725 S Burdick St

5428 Underwood Ct

5445 Hick's Corner St
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.

3931 Auburn Ln
Colon, MI Local Guide

How much does it cost to rent a home in Colon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colon 2 Bedroom Homes for Rent | $1,401 | $825 | $3,250 |
| Colon 3 Bedroom Homes for Rent | $1,616 | $1,349 | $1,900 |
| Colon 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Colon
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Colon, MI Local Guide
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Cheapest Available Colon Apartments for Rent and Nearby
 The cheapest available apartment rental in Colon, MI is a Studio unit found at Kilgore Apartments in the Milwood neighborhood priced from $825. Minges Creek Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $858. Here is today’s list of the most affordable Colon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kilgore Apartments | LOW INCOME! STUDENTS WELCOME! Kilgore Apartment... | Studio,1BA | $825 |
| Minges Creek Village | 2 Bed 1 Bath | 2BR,1BA | $858 |
| Goldentree Apartments | 1 Small | 1BR,1BA | $875 |
| The Grove | The Oak | 1BR,1BA | $879 |
| Waverly Flatz | Lakeview | 1BR,1BA | $910 |
Best Value Apartments for Rent in Colon, MI and Nearby
As of June 12, 2026 the best value apartment in the Colon area is the $1.21 price per square foot 1,650 SQ.FT. 2BR,2BA, Attached Garage Model at Keystone Lake Apartments in the starting from $1,999. The second greatest value Colon apartment is the 2 Bed Model at Fawn River Apartments starting at $1,116 with a $1.09 price per square foot . Here is today’s list of the best values for Colon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Keystone Lake Apartments | 1,650 SQ.FT. 2BR,2BA, Attached Garage | 2BR,2BA | $1.21 |
| Fawn River Apartments | 2 Bed | 2BR,1BA | $1.09 |
| Brookstone Apartments | Brook | 2BR,2BA | $0.99 |
| Stoughton Estates Apartments | Two Bedroom | 2BR,1BA | $1.24 |
| Chandler Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.47 |
| Pines West Apartments | Two Bedroom | 2BR,1BA | $1.41 |
| Price Apartments | Two Bedroom | 2BR,1BA | $1.42 |
| Candlewyck Apartments | 1 Bed, 1 Bath East Phase | 1BR,1BA | $1.26 |
| Minges Creek Village | 1 Bed 1 Bath | 1BR,1BA | $1.39 |
| Forest Hills Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.32 |
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 ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Colon
What type of rentals are currently available in Colon?
There are currently 46 Apartments for Rent in Colon, MI with pricing that ranges from $335 to $3,565. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colon ranging from $825 to $3,500.
What is the current price range for Rental Homes in Colon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colon ranges from $825 to $3,500 with an average monthly rent of $1,882.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.