
Cheap Homes for Rent in Elk Rapids, MI from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Elk Rapids.


614 W Mitchell St, Unit UnitA

853 E Front St, Unit Cottage #9

2276 S M-37, Unit B

1138 Riverside St

65 Greer Dr

262 N Townline Rd

4202 Mitchell Creek Dr

31 S West Silver Lake Rd

3814 Maid Marian Ln

8920 W 30 Rd
Elk Rapids, MI Local Guide

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 | $1,991 | $900 | $3,000 |
Elk Rapids 3 Bedroom Homes for Rent | $2,494 | $1,295 | $3,850 |
Elk Rapids 4 Bedroom Homes for Rent | $3,366 | $2,400 | $5,500 |
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 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $454. Annika Place in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $476. Here is today’s list of the most affordable Elk Rapids apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ruth Park | Two Bedroom | 2BR,1BA | $454 |
Annika Place | Two Bedroom | 2BR,1BA | $476 |
Lighthouse Gardens Apartments | 2Br | 2BR,1BA | $1,028 |
The Flats at Carriage Commons | One Bedroom | 1BR,1BA | $1,081 |
Brookside Commons | Two Bedroom | 2BR,1BA | $1,227 |
Best Value Apartments for Rent in Elk Rapids, MI and Nearby
As of August 05, 2025 the best value apartment in the Elk Rapids area is the $1.98 price per square foot Single Family Home Model at Woodbury Estates - SINGLE FAMILY HOMES in the starting from $2,399. 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. |
---|---|---|---|
Woodbury Estates - SINGLE FAMILY HOMES | Single Family Home | 3BR,2BA | $1.98 |
Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
Alger Apartments | 2 Bedroom - 2 Bath | 2BR,2BA | $1.50 |
Legends Morgan Farms | Harbor | 1BR,1BA | $2.08 |
Cadillac Lofts | 2-Bedroom | 2BR,1BA | $2.04 |
Annika Place | One Bedroom | 1BR,1BA | $2.08 |
Lighthouse Gardens Apartments | 1Br | 1BR,1BA | $1.62 |
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Frequently Asked Questions about Elk Rapids
What type of rentals are currently available in Elk Rapids?
There are currently 46 Apartments for Rent in Elk Rapids, MI with pricing that ranges from $746 to $3,800. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Rapids ranging from $900 to $5,500.
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 $900 to $5,500 with an average monthly rent of $2,329.
How much are larger Three and Four Bedroom Rentals in Elk Rapids?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elk Rapids range from $1,033 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,850. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,608.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.