Cheap Apartments for Rent in Indian River, MI from $400 (12 Rentals)

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Stargate Motel
2 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • Utilities Included

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.

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Huron Apartments
1 to 2 Bedroom Apartments

Huron Apartments

210 W EtheringtonMackinaw City, MI 49701
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Mackinaw Apartments
1 to 2 Bedroom Apartments

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
  • Utilities Included
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Lighthouse Village
2 to 3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
The Flats at Carriage CommonsStudioStudio,1BA$1,083
Holiday Village Townhomes2 BED/1.5 BATH2BR,1BA$1,600
Chelsea Park WestArcadia1BR,1BA$1,637
Oak Shore Commons1 Bedroom 1 Bath1BR,1BA$1,649
Pines45 ApartmentsCedar2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pines45 ApartmentsCedar2BR,2BA$1.48
Ruth ParkThree Bedroom3BR,2BA$1.61
Ridge45 ApartmentsSolstice South IV2BR,2BA$1.69
Legends Morgan FarmsNorthport2BR,2BA$2.09
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.66
West End LoftsA5A1BR,1BA$2.42
Chelsea Park WestArcadia1BR,1BA$2.19
518 E Cayuga St, Unit 518518 E Cayuga St2BR,1BA$1.64
Oak Shore Commons1 Bedroom 1 Bath1BR,1BA$2.47

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

Explore Indian River, MI Rentals by Map

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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

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.

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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.

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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.

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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.

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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.