
Cheap Homes for Rent near Eastlake, MI from $850 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Eastlake.


14690 W Pine Lake Rd

314 E Pine St

604 Finley Ave

4634 Rosemarie St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

319 S Shelby St

18163 Meadow Ln

2276 S M-37, Unit B

10581 Cutler St

4504 N Lakeshore Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

124 Beech St
Eastlake, MI Local Guide

How much does it cost to rent a home in Eastlake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eastlake 2 Bedroom Homes for Rent | $1,547 | $850 | $2,650 |
| Eastlake 3 Bedroom Homes for Rent | $2,150 | $1,300 | $3,500 |
| Eastlake 4 Bedroom Homes for Rent | $1,928 | $1,400 | $2,400 |
| Eastlake 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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Eastlake, MI Local Guide
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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 $463. Parkview Apartments in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $694. Here is today’s list of the most affordable Eastlake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Annika Place | 1 Bedroom 1 Bath | 1BR,1BA | $463 |
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
| Brookside Commons | 2 Bedroom B | 2BR,1BA | $887 |
| 105 Hobart St | 1 bed | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Eastlake, MI and Nearby
As of September 05, 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 $450 with a $0.30 price per square foot . Here is today’s list of the best values for Eastlake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oakwood Townhomes | 4x2 | 4BR,2.5BA | $0.28 |
| College Town Apartments | 4BR/4BA - A | 4BR,4BA | $0.30 |
| Eight Thirty Water Tower | The Derby | 4BR,2BA | $1.52 |
| Townhouse Lane | Townhouse Ln | 2BR,1.5BA | $1.29 |
| Brookside Commons | 2 Bedroom A | 2BR,1BA | $1.37 |
| Campus Creek Townhomes | 2BR/2BA - Townhome Super | 4BR,2BA | $0.81 |
| Parkview Apartments | One bedroom | 1BR,1BA | $0.95 |
| 244 5th St, Unit 244.5 - 2nd Floor | 244 5th St | 1BR,1BA | $1.50 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
| Rapids Apartments | 4BR/2BA | 4BR,2BA | $1.61 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Eastlake
What type of rentals are currently available in Eastlake?
There are currently 69 Apartments for Rent in Eastlake, MI with pricing that ranges from $390 to $3,500. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eastlake ranging from $850 to $3,500.
What is the current price range for Rental Homes in Eastlake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Eastlake ranges from $850 to $3,500 with an average monthly rent of $1,890.
How much are larger Three and Four Bedroom Rentals in Eastlake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Eastlake range from $595 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $405.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.