Cheap Apartments for Rent near Houghton Lake, MI from $400 (38 Rentals)

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

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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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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Maple Grove Apartments
1 to 2 Bedroom Apartments

Maple Grove Apartments

50 Maple Grove AvePrudenville, MI 48651
Senior Living
  • Utilities Included
  • Smoke Free

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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Brookwood Manor
1 to 2 Bedroom Apartments

Brookwood Manor

202 Mary StClare, MI 48617
  • Utilities Included
property at 703 E Chippewa St

$750 - $885

1 To 2 Bedroom Rentals

Available Aug 21

703 E Chippewa St

Mt. PleasantMI48858
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Woodside Apartments
1 to 2 Bedroom Apartments

Woodside Apartments

1535 E Bellows StMt. Pleasant, MI 48858
  • 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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Showing Results 1-38, Page 1 of 1

Houghton Lake, MI Local Guide

Cheapest Available Houghton Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Houghton Lake, MI is a 1 Bed unit found at Parkside Apartments priced from $598. Harrison Estates Mobile Home Community in the Allendale neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Houghton Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkside ApartmentsOne Bedroom1BR,1BA$598
Harrison Estates Mobile Home CommunityLot 132BR,1BA$625
Corning Apartments1 Bedroom1BR,1BA$750
White Pine ManorTwo bedroom2BR,1BA$762
Canterbury East ApartmentsDeluxe One Bedroom1BR,1BA$925
Cambridge Terrace2U - 2 Bedroom Upper2BR,1BA$969
Arboretum Apartment HomesOne Bed One Bath1BR,1BA$975
105 Hobart St1 bed1BR,1BA$1,075
Cadillac Lofts1-Bedroom1BR,1BA$1,138
Sawmill Lofts1 Bedroom - 1 Bath1BR,1BA$1,150

Best Value Apartments for Rent in Houghton Lake, MI and Nearby

As of August 07, 2026 the best value apartment in the Houghton Lake area is the $0.30 price per square foot Townhome Model at Appian Way Apartments in the starting from $425. The second greatest value Houghton Lake apartment is the Unit 17 Model at Cherry Street Town Houses starting at $1,300 with a $0.95 price per square foot . Here is today’s list of the best values for Houghton Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Appian Way ApartmentsTownhome4BR,2BA$0.30
Cherry Street Town HousesUnit 174BR,1.5BA$0.95
Cambridge Terrace2L - 2 Bedroom Lower2BR,1BA$1.06
Harrison Estates Mobile Home CommunityLot 132BR,1BA$0.69
The Edge at 1815 - Student HousingTwo Bedroom Two Bath Apartment *Per Person Rates2BR,2BA$0.51
Village at BluegrassB12BR,2BA$0.65
Canterbury East ApartmentsDeluxe One Bedroom1BR,1BA$1.17
White Pine ManorOne Bedroom1BR,1BA$1.22
Parkside ApartmentsOne Bedroom1BR,1BA$1.04
Gaylord Street Apartments817 Gaylord1BR,1BA$1.36

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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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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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.

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Best Local Schools in
Houghton Lake, MI

School data provided by Great Schools

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

Explore Houghton Lake, MI Rentals by Map

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Frequently Asked Questions about Cheap Houghton Lake Apartments

How much is rent for a Cheap One Bedroom Houghton Lake Apartment?

The lowest price for a Cheap One Bedroom Houghton Lake Apartment is $545 at Gaylord Street Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Houghton Lake is starting from $625 at Harrison Estates Mobile Home Community.

What is the most affordable Houghton Lake Three Bedroom Apartment?

The best deal on a cheap Houghton Lake Three Bedroom Apartment rental is at Aspen Village and starts from $1,200.

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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.