Cheap Apartments for Rent in Indian River, MI from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Indian River.

6776 State St

PARK MEADOW APARTMENTS
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.

Bay Hill I

Green Meadows Apartments

Hillside Club Apartments

3593 Old US Highway 27 S, Unit 3
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.
Indian River, MI Local Guide

How much does it cost to rent an apartment in Indian River?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indian River Studio Apartments | $1,176 | $1,083 | $1,275 |
Indian River 1 Bedroom Apartments | $1,524 | $588 | $2,560 |
Indian River 2 Bedroom Apartments | $1,983 | $862 | $6,000 |
Indian River 3 Bedroom Apartments | $2,018 | $610 | $3,600 |
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Indian River, MI Local Guide
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Cheapest Available Indian River Apartments for Rent and Nearby
 The cheapest available apartment rental in Indian River, MI is a Studio unit found at The Flats at Carriage Commons priced from $1,083. Holiday Village Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,600. Here is today’s list of the most affordable Indian River apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Flats at Carriage Commons | Studio | Studio,1BA | $1,083 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1BA | $1,600 |
Chelsea Park West | Arcadia | 1BR,1BA | $1,637 |
Oak Shore Commons | 1 Bedroom 1 Bath | 1BR,1BA | $1,649 |
Pines45 Apartments | Cedar | 2BR,2BA | $1,750 |
Best Value Apartments for Rent in Indian River, MI and Nearby
As of June 04, 2025 the best value apartment in the Indian River area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Indian River apartment is the Three Bedroom Model at Ruth Park starting at $1,800 with a $1.61 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Indian River apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
Ridge45 Apartments | Solstice South IV | 2BR,2BA | $1.69 |
Legends Morgan Farms | Northport | 2BR,2BA | $2.09 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
West End Lofts | A5A | 1BR,1BA | $2.42 |
Chelsea Park West | Arcadia | 1BR,1BA | $2.19 |
518 E Cayuga St, Unit 518 | 518 E Cayuga St | 2BR,1BA | $1.64 |
Oak Shore Commons | 1 Bedroom 1 Bath | 1BR,1BA | $2.47 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Indian River, MI
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Indian River Apartments
How much is rent for a Cheap One Bedroom Indian River Apartment?
The lowest price for a Cheap One Bedroom Indian River Apartment is $1,637 at Chelsea Park West.
What is the lowest price for a Cheap Two Bedroom Indian River Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Indian River is starting from $1,600 at Holiday Village Townhomes.
What is the most affordable Indian River Three Bedroom Apartment?
The best deal on a cheap Indian River Three Bedroom Apartment rental is at Ruth Park and starts from $1,800.
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.