
Cheap Homes for Rent in Petosky-Otsego Neighborhood of Detroit, MI from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Petosky-Otsego area of Detroit.


12019 Stoepel St

12211 Stoepel St, Unit #1- Lower, Unit #1- Lower

3296 Calvert St, Unit Upper unity 2#, Unit Upper unity 2#

3786 Carter St
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.

11344 Belleterre Ave, Unit Apt 1

2986 Richton St

3250 Webb St

3226 Carter St

1673 Calvert Ave
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.

4915 Maplewood Ave

3025 Tuxedo St

3259 W Philadelphia St

2925 Calvert St

3244 Clairmount St
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.

3242 Clairmount Ave, Unit 1, Unit 1
Petosky-Otsego, Detroit, MI Local Guide

How much does it cost to rent a home in Petosky-Otsego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petosky-Otsego 2 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
| Petosky-Otsego 3 Bedroom Homes for Rent | $1,218 | $925 | $1,500 |
| Petosky-Otsego 4 Bedroom Homes for Rent | $1,907 | $1,475 | $2,500 |
| Petosky-Otsego 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
| Petosky-Otsego 6 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Petosky-Otsego Neighborhood of Detroit, MI.
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Petosky-Otsego, Detroit, MI Local Guide
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Cheapest Available Petosky-Otsego Apartments for Rent
 The cheapest available apartment rental in the Petosky-Otsego area of Detroit, MI is a Studio unit found at 2023 Tuxedo St priced from $595. 12107 Stoepel St has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,000. Here are the most affordable Petosky-Otsego apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2023 Tuxedo St | Studio | Studio,1BA | $595 |
| 12107 Stoepel St | 4 Beds, 1 bath | 4BR,1BA | $1,000 |
| 2509 Gladstone St | single family home | 6BR,3BA | $2,900 |
Best Value Apartments for Rent in Petosky-Otsego, MI
As of April 27, 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 1 Bedroom Model at 2023 Tuxedo St starting at $795 with a $1.22 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2509 Gladstone St | single family home | 6BR,3BA | $0.96 |
| 2023 Tuxedo St | 1 Bedroom | 1BR,1BA | $1.22 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleCash 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.
Read ArticleThe 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
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.
Pet Friendly LifestylePetosky-Otsego, Detroit, MI
Ranked #133
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Petosky-Otsego
What type of rentals are currently available in Petosky-Otsego?
There are currently 86 Apartments for Rent in Petosky-Otsego, MI with pricing that ranges from $475 to $2,900. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petosky-Otsego ranging from $525 to $2,650.
What is the current price range for Rental Homes in Petosky-Otsego?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Petosky-Otsego ranges from $525 to $2,650 with an average monthly rent of $1,666.
How much are larger Three and Four Bedroom Rentals in Petosky-Otsego?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Petosky-Otsego range from $1,100 to $1,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $1,000.
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

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.

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.

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.

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

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.