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$429 - $1,150Studio to 2 Bedroom Apartments Available Now
Victories Square
1899 Migizi WayPetoskey, MI 49770
Cheap Apartments for Rent in Elk Rapids, MI from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Elk Rapids.
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$694 - $1,2951 to 2 Bedroom Apartments Available Now
Parkview Apartments
1223 E Eighth StTraverse City, MI 49686
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$775 - $1,0401 to 3 Bedroom Apartments Available Now
PARK MEADOW APARTMENTS
1316 Park Meadow DrGaylord, MI 49735
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$800 - $1,1501 to 2 Bedroom Apartments Available Nov 3
Inland Lakes Motel
1225 S Grandview Beach RdIndian River, MI 49749
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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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$861 - $1,4291 to 3 Bedroom Apartments Contact Us For Availability
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
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$8622 Bedroom Apartments Contact Us For Availability
Green Meadows Apartments
900 Northmeadow DrGaylord, MI 49735
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$917 - $1,3541 to 3 Bedroom Apartments Contact Us For Availability
Hillside Club Apartments
501 Valley Ridge DrPetoskey, MI 49770
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314 E Pine St
CadillacMI49601
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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Elk Rapids, MI Local Guide
Detroit style pizza by J Wynia is licensed under CC BY 2.0
How much does it cost to rent an apartment in Elk Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elk Rapids Studio Apartments | $1,090 | $429 | $1,340 |
| Elk Rapids 1 Bedroom Apartments | $1,533 | $452 | $2,474 |
| Elk Rapids 2 Bedroom Apartments | $1,811 | $537 | $3,302 |
| Elk Rapids 3 Bedroom Apartments | $2,298 | $1,040 | $3,600 |
Browse Top Apartments in Elk Rapids
See all Apartments in Elk RapidsExplore Elk Rapids
Elk Rapids, MI Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Elk Rapids Apartments for Rent and Nearby
The cheapest available apartment rental in Elk Rapids, MI is a Studio unit found at Victories Square priced from $429. 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 Elk Rapids apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Victories Square | Studio | Studio,1BA | $429 |
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| PARK MEADOW APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $930 |
Best Value Apartments for Rent in Elk Rapids, MI and Nearby
As of October 27, 2025 the best value apartment in the Elk Rapids area is the $1.45 price per square foot Three Bedroom Townhome Model at Edge 72 in the starting from $2,716. The second greatest value Elk Rapids apartment is the Cedar Model at Pines45 Apartments starting at $1,750 with a $1.48 price per square foot . Here is today’s list of the best values for Elk Rapids apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edge 72 | Three Bedroom Townhome | 3BR,2.5BA | $1.45 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ridge45 Apartments | Longitude South IV | 2BR,2BA | $1.72 |
| Bear Creek Meadows - Petoskey, MI | Momma Bear - Upper | 2BR,2BA | $1.43 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Alger Apartments | 2 bed - 2 bath | 2BR,2BA | $1.52 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.56 |
| PARK MEADOW APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.09 |
| Victories Square | One Bedroom LARGE | 1BR,1BA | $1.31 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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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Best Local Schools in Elk Rapids, MI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Elk Rapids, MI
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elk Rapids Apartments
How much is rent for a Cheap One Bedroom Elk Rapids Apartment?
The lowest price for a Cheap One Bedroom Elk Rapids Apartment is $452 at Victories Square.
What is the lowest price for a Cheap Two Bedroom Elk Rapids Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elk Rapids is starting from $537 at Victories Square.
What is the most affordable Elk Rapids Three Bedroom Apartment?
The best deal on a cheap Elk Rapids Three Bedroom Apartment rental is at Ruth Park and starts from $1,800.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.