
Cheap Homes for Rent in Indian River, MI from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Indian River.


614 W Mitchell St, Unit UnitA

3846 N Four Mile Rd

8528 Valley Rd NW

1865 Maple Dr

282 W South Airport Rd

3797 E Hammond Rd

3464 Blackwood Dr

1115 Emmet St

4019 Williamsburg Rd

5741 Hilltop Way
Indian River, MI Local Guide

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 | $2,249 | $1,400 | $5,000 |
| Indian River 3 Bedroom Homes for Rent | $2,664 | $1,600 | $5,000 |
| Indian River 4 Bedroom Homes for Rent | $2,760 | $1,700 | $4,000 |
| Indian River 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
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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 2 Beds unit found at Presque Isle Estates priced from $600. Parkview Apartments in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $694. Here is today’s list of the most affordable Indian River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1520 | 2BR,1BA | $600 |
| Parkview Apartments | One bedroom | 1BR,1BA | $694 |
| Inland Lakes Motel | Single Queen | 1BR,1BA | $800 |
| Stargate Motel | Dbl Queen. | 2BR,1BA | $800 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $840 |
Best Value Apartments for Rent in Indian River, MI and Nearby
As of November 16, 2025 the best value apartment in the Indian River area is the $1.38 price per square foot Poppa Bear - Upper Model at Bear Creek Meadows - Petoskey, MI in the starting from $1,725. The second greatest value Indian River apartment is the Cedar Model at Pines45 Apartments starting at $1,750 with a $1.48 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. |
|---|---|---|---|
| Bear Creek Meadows - Petoskey, MI | Poppa Bear - Upper | 3BR,2BA | $1.38 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ridge45 Apartments | Altitude | 2BR,1BA | $1.76 |
| Lake Pointe Village | Driftwood | 2BR,2BA | $1.61 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.56 |
| The Flats at Carriage Commons | Two Bedroom | 2BR,2BA | $1.73 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $1.85 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.10 |
| Presque Isle Estates | 1618 | 2BR,1BA | $0.80 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1.06 |
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Frequently Asked Questions about Indian River
What type of rentals are currently available in Indian River?
There are currently 49 Apartments for Rent in Indian River, MI with pricing that ranges from $600 to $3,600. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indian River ranging from $1,000 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 $1,000 to $5,000 with an average monthly rent of $2,134.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.