
Cheap Homes for Rent in Grayling, MI from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Grayling.


314 E Pine St

10396 22 Mile Rd

124 Beech St
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.

511 E 3rd St

1596 Lake St

221 Vienna Ct

919 S Union St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Grayling, MI Local Guide

How much does it cost to rent a home in Grayling?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grayling 2 Bedroom Homes for Rent | $2,321 | $1,150 | $6,000 |
Grayling 3 Bedroom Homes for Rent | $2,372 | $1,100 | $3,000 |
Grayling 4 Bedroom Homes for Rent | $3,940 | $2,700 | $5,800 |
Grayling 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Grayling
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Grayling, MI Local Guide
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Cheapest Available Grayling Apartments for Rent and Nearby
 The cheapest available apartment rental in Grayling, MI is a 2 Beds unit found at VonSteinwehr Apartments priced from $765. 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 Grayling apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
VonSteinwehr Apartments | Two Bedroom | 2BR,1BA | $765 |
The Flats at Carriage Commons | Studio | Studio,1BA | $1,083 |
Garfield Oaks | 1 Bedroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Grayling, MI and Nearby
As of May 28, 2025 the best value apartment in the Grayling area is the $1.18 price per square foot Three Bedroom Model at Brookside Commons in the starting from $1,485. The second greatest value Grayling 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 Grayling apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Brookside Commons | Three Bedroom | 3BR,2BA | $1.18 |
Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
Bear Creek Meadows - Petoskey, MI | Poppa Bear - Lower | 3BR,2BA | $1.46 |
Ridge45 Apartments | Solstice (Barrier-Free) | 2BR,2BA | $1.68 |
Legends Morgan Farms | Northport | 2BR,2BA | $2.08 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
Alger Apartments | 2 Bedroom - 2 Bath | 2BR,2BA | $1.46 |
VonSteinwehr Apartments | Two Bedroom | 2BR,1BA | $1.00 |
Chelsea Park West | Arcadia | 1BR,1BA | $2.14 |
Garfield Oaks | 1 Bedroom | 1BR,1BA | $2.40 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Grayling
What type of rentals are currently available in Grayling?
There are currently 49 Apartments for Rent in Grayling, MI with pricing that ranges from $610 to $3,800. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayling ranging from $1,100 to $15,000.
What is the current price range for Rental Homes in Grayling?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grayling ranges from $1,100 to $15,000 with an average monthly rent of $5,026.
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 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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.