
Cheap Homes for Rent near Eastlake, MI from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Eastlake.


18163 Meadow Ln

2276 S M-37, Unit B

264 6th Ave, Unit 2
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.

11476 E 48th St

286 W South Airport Rd

4657 Springcress Ln

621 Riverine 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.
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 | $2,235 | $900 | $4,500 |
| Eastlake 3 Bedroom Homes for Rent | $2,851 | $1,820 | $4,500 |
| Eastlake 4 Bedroom Homes for Rent | $3,308 | $1,840 | $5,000 |
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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 Oak Terrace priced from $796. 105 Hobart St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Eastlake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
| 105 Hobart St | 1 bed | 1BR,1BA | $1,075 |
| Cadillac Lofts | 1-Bedroom | 1BR,1BA | $1,138 |
Best Value Apartments for Rent in Eastlake, MI and Nearby
As of July 22, 2026 the best value apartment in the Eastlake area is the $1.52 price per square foot The Derby Model at Eight Thirty Water Tower in the starting from $1,760. The second greatest value Eastlake apartment is the Cedar Model at Chelsea Park West starting at $2,150 with a $1.93 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. |
|---|---|---|---|
| Eight Thirty Water Tower | The Derby | 4BR,2BA | $1.52 |
| Chelsea Park West | Cedar | 2BR,2BA | $1.93 |
| Townhouse Lane | Townhouse Ln | 2BR,1.5BA | $1.29 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.46 |
| Hillside Apartments | APT 2 | Studio ,1BA | $1.00 |
| Campus Creek Townhomes | 2BR/2BA - Townhome Super | 4BR,2BA | $0.81 |
| Buena Vista Estates | Three Bed Two Bath | 3BR,2BA | $1.70 |
| 217 Arthur St | 217 Arthur St | 1BR,1BA | $1.14 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
| Rapids Apartments | 2BR/1BA | 2BR,1BA | $1.72 |
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 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Eastlake, MI
Frequently Asked Questions about Eastlake
What type of rentals are currently available in Eastlake?
There are currently 68 Apartments for Rent in Eastlake, MI with pricing that ranges from $405 to $3,587. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eastlake ranging from $900 to $5,000.
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 $900 to $5,000 with an average monthly rent of $2,427.
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 $3,587, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,820 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,840 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.