Cheap Apartments for Rent near Frederic, MI from $575 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in Frederic.

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.

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property at 2276 S M-37
$1,200
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Furnished

2276 S M-37, Unit B

2276 S M-37
Traverse CityMI49685
  • Smoke Free
property at 7621 Thomas St
$1,225

Total Monthly Price

Base Rent$1,225
Total Monthly Price$1,225
2 Bedroom, 1 Bath Home for Rent
Available Oct 9

7621 Thomas St, Unit 1

7621 Thomas St
Central LakeMI49622
  • Smoke Free

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Victories Square
Studio to 2 Bedroom Apartments

Victories Square

1899 Migizi WayPetoskey, MI 49770
  • Utilities Included
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Annika Place
1 to 2 Bedroom Apartments

Annika Place

947 S Garfield AveTraverse City, MI 49686
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Ruth Park
1 to 3 Bedroom Apartments

Ruth Park

520 Wellington StTraverse City, MI 49686
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Brookside Commons
1 to 3 Bedroom Apartments

Brookside Commons

4155 Sprucewood DrTraverse City, MI 49684
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Stargate Motel
2 to 3 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • Utilities Included
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Inland Lakes Motel
1 to 2 Bedroom Apartments

Inland Lakes Motel

1225 S Grandview Beach RdIndian River, MI 49749
Corporate Housing
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Garfield Oaks
1 to 2 Bedroom Apartments

Garfield Oaks

3011 Garfield Rd NTraverse City, MI 49686
  • Utilities Included
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Liv Arbors
1 to 5 Bedroom Apartments

Liv Arbors

2955 Leggett DrTraverse City, MI 49685
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Totem Lodges
1 to 3 Bedroom Apartments

Totem Lodges

4846 S Straits HwyIndian River, MI 49749
  • Utilities Included

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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Showing Results 1-42, Page 1 of 1

Frederic, MI Local Guide

Cheapest Available Frederic Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frederic, MI is a 1 Bed unit found at Annika Place in the Downtown Traverse City neighborhood priced from $463. Presque Isle Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Frederic apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Annika Place1 Bedroom 1 Bath1BR,1BA$463
Presque Isle Estates14122BR,1BA$575
Parkview ApartmentsOne bedroom1BR,1BA$694
Oak Terrace1 BEDROOM1BR,1BA$796
Brookside Commons2 Bedroom B2BR,1BA$887
Lighthouse Gardens Apartments1Br1BR,1BA$1,146
Aspen VillageNew Double-Wide3BR,1BA$1,200
Cadillac Lofts1-Bedroom1BR,1BA$1,256
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$1,350
Sawmill Lofts2 Bedroom - 1 Bath2BR,1BA$1,355

Best Value Apartments for Rent in Frederic, MI and Nearby

As of September 11, 2026 the best value apartment in the Frederic area is the $1.63 price per square foot Ottawa Model at Liv East Bay in the starting from $3,395. The second greatest value Frederic apartment is the Single Family Home Model at Woodbury Estates starting at $2,399 with a $1.98 price per square foot . Here is today’s list of the best values for Frederic apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Liv East BayOttawa5BR,2.5BA$1.63
Woodbury EstatesSingle Family Home3BR,2BA$1.98
Townhouse LaneTownhouse Ln2BR,1.5BA$1.29
Brookside Commons2 Bedroom A2BR,1BA$1.37
Annika Place2 Bedroom 1 Bath C2BR,1BA$1.91
Edge 72Traveler1BR,1BA$1.92
Parkview ApartmentsOne bedroom1BR,1BA$0.95
Presque Isle Estates15202BR,1BA$1.04
Lighthouse Gardens Apartments1Br1BR,1BA$1.76
Oak Terrace1 BEDROOM1BR,1BA$1.38

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Frederic, MI Rentals by Map

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See the most popular apartments and homes in Frederic, MI

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Frequently Asked Questions about Cheap Frederic Apartments

How much is rent for a Cheap One Bedroom Frederic Apartment?

The lowest price for a Cheap One Bedroom Frederic Apartment is $463 at Annika Place.

What is the lowest price for a Cheap Two Bedroom Frederic Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Frederic is starting from $575 at Presque Isle Estates.

What is the most affordable Frederic Three Bedroom Apartment?

The best deal on a cheap Frederic Three Bedroom Apartment rental is at Presque Isle Estates and starts from $750.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.