Cheap Apartments for Rent in the Petosky-Otsego Neighborhood of Detroit, MI from $400 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Petosky-Otsego area of Detroit.

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.

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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.

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Dexter Apartments
1 to 2 Bedroom Apartments

Dexter Apartments

12170 Dexter AveDetroit, MI 48206
  • Utilities Included

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.

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Petoskey Place
1 to 3 Bedroom Apartments

Petoskey Place

11501 Petoskey AveDetroit, MI 48204
  • Utilities Included
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Majestic Apartments
Studio to 2 Bedroom Apartments

Majestic Apartments

2690 W Boston BlvdDetroit, MI 48206
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12107 Stoepel St
4 Bedroom Apartments

12107 Stoepel St

12107 Stoepel StDetroit, MI 48204
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2925 Hogarth St
2 Bedroom Apartments

2925 Hogarth St

2925 Hogarth StDetroit, MI 48206
Furnished

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.

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Showing Results 1-35, Page 1 of 1

Petosky-Otsego, Detroit, MI Local Guide

Cheapest Available Petosky-Otsego Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
2023 Tuxedo StStudioStudio,1BA$595
2509 Gladstone Stsingle family home6BR,3BA$2,900

Best Value Apartments for Rent in Petosky-Otsego, MI

As of June 21, 2026 the best value apartment in the Petosky-Otsego area is the $0.96 price per square foot single family home Model at 2509 Gladstone St in the in the Midtown Detroit neighborhood starting from $2,900. The second greatest value Petosky-Otsego apartment is the 3284 Northwestern St Model at 3284 Northwestern St, Unit 2 starting at $1,275 with a $1.02 price per square foot in the Midtown Detroit neighborhood. Here is today’s list of the best values for Petosky-Otsego apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2509 Gladstone Stsingle family home6BR,3BA$0.96
3284 Northwestern St, Unit 23284 Northwestern St4BR,1BA$1.02
2920 Columbus St, Unit 2W2920 Columbus St1BR,1BA$1.00
2929 Blaine St, Unit 29282929 Blaine St2BR,1BA$1.07
2023 Tuxedo St1 Bedroom1BR,1BA$1.22

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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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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

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.

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Pet Friendly Lifestyle
Petosky-Otsego, Detroit, MI

Ranked #141

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Petosky-Otsego Apartments

How much is rent for a Cheap One Bedroom Petosky-Otsego Apartment?

The lowest price for a Cheap One Bedroom Petosky-Otsego Apartment is $795 at 2023 Tuxedo St.

What is the lowest price for a Cheap Two Bedroom Petosky-Otsego Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Petosky-Otsego is starting from $1,050 at 2023 Tuxedo St.

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.

Helpful Local Expert Guides

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

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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.

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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.