
Cheap Homes for Rent in Grand Marais, MI from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Marais.

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.

226 13th St N
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.

420 Silver St
Grand Marais, MI Local Guide

How much does it cost to rent a home in Grand Marais?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Marais 3 Bedroom Homes for Rent | $1,566 | $750 | $2,400 |
| Grand Marais 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Grand Marais 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Grand Marais
Explore Grand Marais
Grand Marais, MI Local Guide
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Best Value Apartments for Rent in Grand Marais, MI and Nearby
As of April 14, 2026 the best value apartment in the Grand Marais area is the $1.50 price per square foot Momma Bear - Upper Model at Bear Creek Meadows - Petoskey, MI in the starting from $1,650. The second greatest value Grand Marais apartment is the Upper Level Model at Rolling Meadows Apartments starting at $2,125 with a $2.04 price per square foot . Here is today’s list of the best values for Grand Marais apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bear Creek Meadows - Petoskey, MI | Momma Bear - Upper | 2BR,2BA | $1.50 |
| Rolling Meadows Apartments | Upper Level | 2BR,1BA | $2.04 |
| Pinecrest | Pinecrest | 2BR,2BA | $1.62 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $0.96 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| Freewheel Apartments | A4 - 1 Bedroom | 1BR,1BA | $3.01 |
| The Annex | Unit 3 | 1BR,1BA | $1.66 |
| The Block at Petoskey | 1BB Rent & Income Restrictions Apply | 1BR,1BA | $2.07 |
| The Residences at Harbor Vista | 1 Bdrm Unit at Harbor Vista I | 1BR,1BA | $2.80 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.05 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grand Marais, MI Rentals by Map
See the most popular apartments and homes in Grand Marais, MI
Frequently Asked Questions about Grand Marais
What type of rentals are currently available in Grand Marais?
There are currently 42 Apartments for Rent in Grand Marais, MI with pricing that ranges from $600 to $2,900. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Marais ranging from $750 to $3,500.
What is the current price range for Rental Homes in Grand Marais?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Marais ranges from $750 to $3,500 with an average monthly rent of $2,422.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.