621 Grant St
Traverse CityMI49686
Cheap Homes for Rent in Elk Rapids, MI from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elk Rapids.
314 E Pine St
CadillacMI49601
614 W Mitchell St, Unit UnitA
614 W Mitchell St
GaylordMI49735
10947 S Dalzell Rd
Traverse CityMI49684
2276 S M-37, Unit B
2276 S M-37
Traverse CityMI49685
3985 Park Ln
Traverse CityMI49686
1138 Riverside St
CadillacMI49601
5178 Silver Shores Ln
Traverse CityMI49685
282 W South Airport Rd
Traverse CityMI49686
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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 a home in Elk Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elk Rapids 2 Bedroom Homes for Rent | $1,964 | $900 | $5,000 |
| Elk Rapids 3 Bedroom Homes for Rent | $2,299 | $750 | $3,850 |
| Elk Rapids 4 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Elk Rapids
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Elk Rapids, MI Local Guide
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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 |
| Bay Hill I | 2D | 2BR,2BA | $1,120 |
Best Value Apartments for Rent in Elk Rapids, MI and Nearby
As of October 08, 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 | 2BR,2BA | $1.72 |
| Bay Hill I | 2D | 2BR,2BA | $1.09 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.46 |
| Alger Apartments | 2 bed - 2 bath | 2BR,2BA | $1.52 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.56 |
| Victories Square | One Bedroom LARGE | 1BR,1BA | $1.31 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
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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!
Explore Elk Rapids, MI Rentals by Map
See the most popular apartments and homes in Elk Rapids, MI
Frequently Asked Questions about Elk Rapids
What type of rentals are currently available in Elk Rapids?
There are currently 48 Apartments for Rent in Elk Rapids, MI with pricing that ranges from $429 to $3,600. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Rapids ranging from $750 to $5,000.
What is the current price range for Rental Homes in Elk Rapids?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elk Rapids ranges from $750 to $5,000 with an average monthly rent of $2,109.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.