
Cheap Homes for Rent in Grayling, MI from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Grayling.


614 W Mitchell St, Unit UnitA
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.

743 Maplewood Ln, Unit #7

10396 22 Mile Rd

314 E Pine St

2276 S M-37, Unit B

4419 Krys Rd
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.

10484 W 34 1/2 Rd

65 Greer Dr

1956 Orange Grove Ave
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 | $1,875 | $980 | $3,000 |
Grayling 3 Bedroom Homes for Rent | $2,136 | $1,400 | $2,800 |
Grayling 4 Bedroom Homes for Rent | $3,900 | $2,800 | $5,500 |
Grayling 5 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
Browse Top Homes for Rent in Grayling
Explore Grayling
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 Annika Place in the Downtown Traverse City neighborhood priced from $476. Presque Isle Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Grayling apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Annika Place | Two Bedroom | 2BR,1BA | $476 |
Presque Isle Estates | 1618 | 2BR,1BA | $600 |
The Flats at Carriage Commons | Studio | Studio,1BA | $1,083 |
Best Value Apartments for Rent in Grayling, MI and Nearby
As of July 14, 2025 the best value apartment in the Grayling area is the $1.61 price per square foot Three Bedroom Model at Ruth Park in the in the Downtown Traverse City neighborhood starting from $1,800. The second greatest value Grayling apartment is the Two Bedroom Model at Brookside Commons starting at $1,227 with a $1.20 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. |
---|---|---|---|
Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
Pines45 Apartments | Alpine | 1BR,1BA | $1.73 |
Legends Morgan Farms | Harbor | 1BR,1BA | $2.38 |
Presque Isle Estates | 1639 | 2BR,1BA | $0.87 |
Chelsea Park West | Arcadia | 1BR,1BA | $2.32 |
Cadillac Lofts | 2-Bedroom | 2BR,1BA | $2.04 |
Annika Place | One Bedroom | 1BR,1BA | $1.79 |
Oak Shore Commons | 1 Bedroom 1 Bath | 1BR,1BA | $2.47 |
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 50 Apartments for Rent in Grayling, MI with pricing that ranges from $600 to $3,800. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayling ranging from $980 to $5,500.
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 $980 to $5,500 with an average monthly rent of $2,099.
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.