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$575 - $7502 to 3 Bedroom Apartments Available Now
Presque Isle Estates
429 Balsam StRogers City, MI 49779
Cheap Apartments for Rent in Drummond Island, MI from $300 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in Drummond Island.
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Rent Specials
$6752 Bedroom Apartments Available Now
Thunder Bay Estates
628 S Ripley BlvdAlpena, MI 49707
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Rent Specials
$675 - $8002 to 3 Bedroom Apartments Available Now
Lake Shore Estates
8924 W Long Lake RdAlpena, MI 49707
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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1 to 2 Bedroom Apartments
Bingham Apartments - 55+ Community
555 S Fifth AveAlpena, MI 49707
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Studio to 2 Bedroom Apartments
Victories Square
1899 Migizi WayPetoskey, MI 49770
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1 to 3 Bedroom Apartments
Osborn Commons
215 Osborne BlvdSault Ste. Marie, MI 49783
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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Drummond Island, MI Local Guide
Passing between De Tour, Michigan and Drummond Island by shipwrecklog.com is licensed under CC BY 2.0
How much does it cost to rent an apartment in Drummond Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drummond Island Studio Apartments | $1,095 | $1,095 | $1,095 |
| Drummond Island 1 Bedroom Apartments | $1,301 | $800 | $1,725 |
| Drummond Island 2 Bedroom Apartments | $1,452 | $575 | $1,850 |
| Drummond Island 3 Bedroom Apartments | $1,318 | $750 | $1,990 |
Browse Top Apartments in Drummond Island
See all Apartments in Drummond IslandExplore Drummond Island
Drummond Island, MI Local Guide
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Cheapest Available Drummond Island Apartments for Rent and Nearby
The cheapest available apartment rental in Drummond Island, MI is a 2 Beds unit found at Osborn Commons priced from $437. Presque Isle Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Drummond Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Osborn Commons | Two Bedroom | 2BR,1BA | $437 |
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Thunder Bay Estates | D3 | 2BR,1BA | $675 |
Best Value Apartments for Rent in Drummond Island, MI and Nearby
As of June 20, 2026 the best value apartment in the Drummond Island area is the $1.47 price per square foot Birch Model at Pines45 Apartments in the starting from $1,635. The second greatest value Drummond Island apartment is the Two Bedroom Model at Osborn Commons starting at $437 with a $0.41 price per square foot . Here is today’s list of the best values for Drummond Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pines45 Apartments | Birch | 2BR,2BA | $1.47 |
| Osborn Commons | Two Bedroom | 2BR,1BA | $0.41 |
| Pinecrest | Pinecrest | 2BR,2BA | $1.62 |
| Lake Shore Estates | 41 | 2BR,1.5BA | $0.80 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.09 |
| The Annex | Unit 3 | 1BR,1BA | $1.66 |
| Thunder Bay Estates | D3 | 2BR,1BA | $0.94 |
| Presque Isle Estates | 1520 | 2BR,1BA | $1.04 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.05 |
| The Block at Petoskey | 1BA | 1BR,1BA | $2.28 |
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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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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Explore Drummond Island, MI Rentals by Map
See the most popular apartments and homes in Drummond Island, MI
Frequently Asked Questions about Cheap Drummond Island Apartments
How much is rent for a Cheap One Bedroom Drummond Island Apartment?
The lowest price for a Cheap One Bedroom Drummond Island Apartment is $1,200 at The Annex.
What is the lowest price for a Cheap Two Bedroom Drummond Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Drummond Island is starting from $437 at Osborn Commons.
What is the most affordable Drummond Island Three Bedroom Apartment?
The best deal on a cheap Drummond Island Three Bedroom Apartment rental is at Presque Isle Estates and starts from $750.
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
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.
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.