Cheap Apartments for Rent in Eastlake, MI from $300 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Eastlake.

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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property at 853 E Front St

$1,100 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,350
Total Monthly Price
$1,100 - $1,350

2 Bedroom, 2 Bath Home for Rent

Available Now

853 E Front St

Traverse CityMI49686

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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122 Hancock St
Studio to 3 Bedroom Apartments

122 Hancock St

122 Hancock StManistee, MI 49660
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Liv Wildwood
1 to 3 Bedroom Apartments

Liv Wildwood

153 S Wildwood TrlLudington, MI 49431
Corporate Housing
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Garfield Oaks
1 to 2 Bedroom Apartments

Garfield Oaks

3011 Garfield Rd NTraverse City, MI 49686
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Brookside Commons
1 to 3 Bedroom Apartments

Brookside Commons

4155 Sprucewood DrTraverse City, MI 49684
  • Utilities Included
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Liv Arbors
1 to 5 Bedroom Apartments

Liv Arbors

2955 Leggett DrTraverse City, MI 49685

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-40, Page 1 of 1

Eastlake, MI Local Guide

Cheapest Available Eastlake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eastlake, MI is a 1 Bed unit found at Riverview Terrace in the Downtown Traverse City neighborhood priced from $744. Oak Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $796. Here is today’s list of the most affordable Eastlake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Terrace1 Bedroom R1BR,1BA$744
Oak Terrace1 BEDROOM1BR,1BA$796
Hillside ApartmentsAPT 2Studio,1BA$1,000
Cadillac Lofts1-Bedroom1BR,1BA$1,138
Walnut Knoll ApartmentsTwo bedroom apt2BR,1BA$1,190
Studio's at The VicKingStudio,1BA$1,199
Brookside CommonsTwo Bedroom2BR,1BA$1,227
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath1BR,1BA$1,300
Village Glen ApartmentsTwo Bed Two Bath2BR,2BA$1,374

Best Value Apartments for Rent in Eastlake, MI and Nearby

As of April 07, 2026 the best value apartment in the Eastlake area is the $0.28 price per square foot 4x2 Model at Oakwood Townhomes in the starting from $469. The second greatest value Eastlake apartment is the 4BR/4BA - A Model at College Town Apartments starting at $499 with a $0.33 price per square foot . Here is today’s list of the best values for Eastlake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes4x24BR,2.5BA$0.28
College Town Apartments4BR/4BA - A4BR,4BA$0.33
Eight Thirty Water TowerThe Derby4BR,2BA$1.52
110 Washington St, Unit The Studio110 Washington St2BR,1BA$1.27
Brookside CommonsTwo Bedroom2BR,1BA$1.20
Village Glen ApartmentsTwo Bed Two Bath2BR,2BA$1.36
Hillside ApartmentsAPT 91BR,1BA$1.40
Campus Creek Townhomes2BR/2BA - Townhome Super4BR,2BA$0.81
Walnut Knoll ApartmentsTwo bedroom apt2BR,1BA$1.43
Oak Terrace1 BEDROOM1BR,1BA$1.38

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.

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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 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.

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

Explore Eastlake, MI Rentals by Map

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See the most popular apartments and homes in Eastlake, MI

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Frequently Asked Questions about Cheap Eastlake Apartments

What is the Cheapest Studio apartment in Eastlake?

Currently the most affordable Cheap Studio Apartment in Eastlake is at Hillside Apartments listed at $1,000.

How much is rent for a Cheap One Bedroom Eastlake Apartment?

The lowest price for a Cheap One Bedroom Eastlake Apartment is $744 at Riverview Terrace.

What is the lowest price for a Cheap Two Bedroom Eastlake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Eastlake is starting from $1,190 at Walnut Knoll Apartments.

What is the most affordable Eastlake Three Bedroom Apartment?

The best deal on a cheap Eastlake Three Bedroom Apartment rental is at Buena Vista Estates and starts from $1,550.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.