13015 M-32
AtlantaMI49709
Cheap Homes for Rent in Grayling, MI from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Grayling.
314 E Pine St
CadillacMI49601
411 S Simon St
CadillacMI49601
2285 E Carriage Hill Dr
Traverse CityMI49686
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.
2276 S M-37, Unit Unit B, Unit Unit B
2276 S M-37
Traverse CityMI49685
1963 Apartment Dr
Traverse CityMI49696
902 Washington St
Traverse CityMI49686
607 Pine St
Traverse CityMI49684
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.
Showing Results 1-8, Page 1 of 1
Grayling, MI Local Guide
Grayling, Michigan by Notorious4life is licensed under CCO 1.0
How much does it cost to rent a home in Grayling?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayling 2 Bedroom Homes for Rent | $2,614 | $900 | $7,500 |
| Grayling 3 Bedroom Homes for Rent | $3,702 | $975 | $10,000+ |
| Grayling 4 Bedroom Homes for Rent | $4,000 | $2,000 | $5,000 |
Browse Top Homes for Rent in Grayling
Explore Grayling
Grayling, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Grayling Apartments for Rent and Nearby
The cheapest available apartment rental in Grayling, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Riverview Terrace in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $744. Here is today’s list of the most affordable Grayling apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Riverview Terrace | 1 Bedroom R | 1BR,1BA | $744 |
| Harrison Estates Mobile Home Community | LOT 23 | 2BR,2BA | $750 |
Best Value Apartments for Rent in Grayling, MI and Nearby
As of April 15, 2026 the best value apartment in the Grayling area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Grayling apartment is the Longitude South Model at Ridge45 Apartments starting at $1,815 with a $1.64 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. |
|---|---|---|---|
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ridge45 Apartments | Longitude South | 2BR,2BA | $1.64 |
| Bear Creek Meadows - Petoskey, MI | Momma Bear - Upper | 2BR,2BA | $1.50 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.36 |
| Harrison Estates Mobile Home Community | LOT 23 | 2BR,2BA | $0.75 |
| Pinecrest | Pinecrest | 2BR,2BA | $1.62 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.34 |
| Presque Isle Estates | 1520 | 2BR,1BA | $0.94 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
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 Article
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.
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.
Let everyone know!
Do you know the Grayling area?
If you’re an expert on all things Grayling, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Grayling, MI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grayling, MI Rentals by Map
See the most popular apartments and homes in Grayling, MI
Frequently Asked Questions about Grayling
What type of rentals are currently available in Grayling?
There are currently 62 Apartments for Rent in Grayling, MI with pricing that ranges from $575 to $3,500. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayling ranging from $805 to $12,000.
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 $805 to $12,000 with an average monthly rent of $2,928.
How much are larger Three and Four Bedroom Rentals in Grayling?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grayling range from $650 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $12,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,235.
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.