314 E Pine St
CadillacMI49601
Cheap Homes for Rent in Elk Rapids, MI from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Elk Rapids.
743 Maplewood Ln, Unit #7
743 Maplewood Ln
KewadinMI49648
2276 S M-37, Unit B
2276 S M-37
Traverse CityMI49685
438 Carleton St
PetoskeyMI49770
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.
1596 Lake St
RoscommonMI48653
221 Vienna Ct
Houghton LakeMI48629
10484 W 34 1/2 Rd
HarriettaMI49638
410 S Simon St
CadillacMI49601
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $1,952 | $1,150 | $2,800 |
| Elk Rapids 3 Bedroom Homes for Rent | $2,378 | $1,700 | $2,900 |
| Elk Rapids 4 Bedroom Homes for Rent | $4,066 | $2,700 | $5,800 |
| Elk Rapids 5 Bedroom Homes for Rent | $9,500 | $9,500 | $9,500 |
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 Studio unit found at 122 Hancock St priced from $600. The Flats at Carriage Commons has the second lowest priced unit, which is a Studio apartment currently listed from $1,083. Here is today’s list of the most affordable Elk Rapids apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 122 Hancock St | Unit 3 | Studio,1BA | $600 |
| The Flats at Carriage Commons | Studio | Studio,1BA | $1,083 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1,227 |
Best Value Apartments for Rent in Elk Rapids, MI and Nearby
As of June 19, 2025 the best value apartment in the Elk Rapids area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Elk Rapids apartment is the Three Bedroom Model at Ruth Park starting at $1,800 with a $1.61 price per square foot in the Downtown Traverse City neighborhood. 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. |
|---|---|---|---|
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
| Chelsea Park West | Cedar | 2BR,2BA | $1.85 |
| Ridge45 Apartments | Longitude | 2BR,2BA | $1.63 |
| 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 | $1.48 |
| West End Lofts | A5A | 1BR,1BA | $2.42 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $2.27 |
| 122 Hancock St | Unit 3 | Studio ,1BA | $2.40 |
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Frequently Asked Questions about Elk Rapids
What type of rentals are currently available in Elk Rapids?
There are currently 43 Apartments for Rent in Elk Rapids, MI with pricing that ranges from $600 to $6,000. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Rapids ranging from $1,150 to $9,500.
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 $1,150 to $9,500 with an average monthly rent of $3,864.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.