853 E Front St
Traverse CityMI49686
Cheap Homes for Rent near Indian River, MI from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Indian River.
5712 Shanty Creek Rd, Unit 694
5712 Shanty Creek Rd
BellaireMI49615
8542 Park Ave
AlansonMI49706
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.
124 Beech St
Traverse CityMI49684
4210 Mitchell Creek Dr, Unit 6
4210 Mitchell Creek Dr
Traverse CityMI49686
8630 Park Ave
AlansonMI49706
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.
8727 Sandy St
AlansonMI49706
Showing Results 1-7, Page 1 of 1
Indian River, MI Local Guide
Rays in Sunset by GollyGforce - Living My Worst Nightmare is licensed under CC BY 2.0
How much does it cost to rent a home in Indian River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indian River 2 Bedroom Homes for Rent | $1,723 | $1,150 | $2,400 |
| Indian River 3 Bedroom Homes for Rent | $2,145 | $1,349 | $3,500 |
| Indian River 4 Bedroom Homes for Rent | $3,100 | $2,000 | $5,000 |
| Indian River 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Indian River
Explore Indian River
Indian River, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Indian River Apartments for Rent and Nearby
The cheapest available apartment rental in Indian River, MI is a 1 Bed unit found at Riverview Terrace in the Downtown Traverse City neighborhood priced from $50. Presque Isle Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Indian River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverview Terrace | 1 Bedroom R | 1BR,1BA | $50 |
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
Best Value Apartments for Rent in Indian River, MI and Nearby
As of August 18, 2026 the best value apartment in the Indian River area is the $1.64 price per square foot Dune Model at Liv East Bay in the starting from $2,950. The second greatest value Indian River apartment is the Townhouse Ln Model at Townhouse Lane starting at $1,395 with a $1.29 price per square foot . 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. |
|---|---|---|---|
| Liv East Bay | Dune | 3BR,2.5BA | $1.64 |
| Townhouse Lane | Townhouse Ln | 2BR,1.5BA | $1.29 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.46 |
| The Block at Petoskey | 2BB Workforce Housing Unit* | 2BR,2BA | $1.91 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.11 |
| Presque Isle Estates | 1520 | 2BR,1BA | $1.04 |
| Annika Place | 1 Bedroom 1 Bath | 1BR,1BA | $2.19 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.05 |
| Lighthouse Gardens Apartments | 1Br | 1BR,1BA | $1.76 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
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 Article
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.
Read Article
Quick 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 Indian River area?
If you’re an expert on all things Indian River, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Indian River, MI Rentals by Map
See the most popular apartments and homes in Indian River, MI
Frequently Asked Questions about Indian River
What type of rentals are currently available in Indian River?
There are currently 56 Apartments for Rent in Indian River, MI with pricing that ranges from $575 to $3,500. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indian River ranging from $950 to $5,000.
What is the current price range for Rental Homes in Indian River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indian River ranges from $950 to $5,000 with an average monthly rent of $2,135.
How much are larger Three and Four Bedroom Rentals in Indian River?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indian River range from $750 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,349 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,775.
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
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.
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.