Cheap Apartments for Rent in Eastlake, MI from $300 (32 Rentals)

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

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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property at 361 3rd St

$1,100

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

361 3rd St, Unit 361 Third St

361 3rd St
ManisteeMI49660
property at 410 Ramsdell St

$1,100

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Home for Rent

Available Now

410 Ramsdell St, Unit 410.5 Upstairs

410 Ramsdell St
ManisteeMI49660
property at 107 Cass St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Now

107 Cass St, Unit Condo 2

107 Cass St
Traverse CityMI49684
property at 2276 S M-37

$1,200

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2276 S M-37, Unit B

2276 S M-37
Traverse CityMI49685

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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122 Hancock St
Studio to 3 Bedroom Apartments

122 Hancock St

122 Hancock StManistee, MI 49660

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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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
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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
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Manitou Woods
1 to 3 Bedroom Apartments

Manitou Woods

1021 Manitou DrTraverse City, MI 49686
  • Utilities Included

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 1-32, 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 Annika Place in the Downtown Traverse City neighborhood priced from $419. 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
Annika PlaceOne Bedroom1BR,1BA$419
Oak Terrace1 BEDROOM1BR,1BA$796
Bay Hill I2C2BR,1BA$1,023
Cadillac Lofts1-Bedroom1BR,1BA$1,138
Walnut Knoll ApartmentsTwo bedroom apt2BR,1BA$1,190
Brookside CommonsThree Bedroom3BR,2BA$1,213
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath1BR,1BA$1,300
Village Glen ApartmentsTwo Bed Two Bath2BR,2BA$1,374
Townhouse LaneTownhouse Ln2BR,1BA$1,395
Lake District Flats1 Bedroom: Style B1BR,1BA$1,445

Best Value Apartments for Rent in Eastlake, MI and Nearby

As of June 06, 2026 the best value apartment in the Eastlake area is the $0.33 price per square foot 4BR/4BA - A Model at College Town Apartments in the starting from $499. The second greatest value Eastlake apartment is the Townhouse Ln Model at Townhouse Lane starting at $1,395 with a $1.29 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.
College Town Apartments4BR/4BA - A4BR,4BA$0.33
Townhouse LaneTownhouse Ln2BR,1.5BA$1.29
Brookside CommonsTwo Bedroom2BR,1BA$1.20
Village Glen ApartmentsTwo Bed Two Bath2BR,2BA$1.36
Hillside ApartmentsAPT 2Studio ,1BA$1.00
Campus Creek Townhomes2BR/2BA - Townhome Super4BR,2BA$0.81
Bay Hill I2C2BR,1BA$1.09
Walnut Knoll ApartmentsTwo bedroom apt2BR,1BA$1.43
Annika PlaceOne Bedroom1BR,1BA$0.61
Oak Terrace1 BEDROOM1BR,1BA$1.38

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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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

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

The lowest price for a Cheap One Bedroom Eastlake Apartment is $796 at Oak 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 $1,023 at Bay Hill I.

What is the most affordable Eastlake Three Bedroom Apartment?

The best deal on a cheap Eastlake Three Bedroom Apartment rental is at Brookside Commons and starts from $1,213.

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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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.

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.