602 Saunders Rd
KalkaskaMI49646
Cheap Homes for Rent in Indian River, MI from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Indian River.
853 E Front St
Traverse CityMI49686
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.
2285 E Carriage Hill Dr
Traverse CityMI49686
124 Beech St
Traverse CityMI49684
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1019 Forest St
Traverse CityMI49686
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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 | $2,057 | $1,150 | $4,500 |
| Indian River 3 Bedroom Homes for Rent | $3,389 | $1,600 | $8,500 |
| Indian River 4 Bedroom Homes for Rent | $6,600 | $2,300 | $10,000+ |
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
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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 $575. Riverview Terrace in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $744. 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 | 1412 | 2BR,1BA | $575 |
| Riverview Terrace | 1 Bedroom R | 1BR,1BA | $744 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
Best Value Apartments for Rent in Indian River, MI and Nearby
As of May 09, 2026 the best value apartment in the Indian River area is the $1.65 price per square foot Ottawa Model at Liv East Bay in the starting from $3,445. 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. |
|---|---|---|---|
| Liv East Bay | Ottawa | 5BR,2.5BA | $1.65 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ridge45 Apartments | Longitude South | 2BR,2BA | $1.64 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.36 |
| Pinecrest | Pinecrest | 2BR,2BA | $1.62 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.74 |
| Ruth Park | Two Bedroom | 2BR,1BA | $1.70 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.07 |
| Presque Isle Estates | 1520 | 2BR,1BA | $0.94 |
| 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.
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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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Frequently Asked Questions about Indian River
What type of rentals are currently available in Indian River?
There are currently 54 Apartments for Rent in Indian River, MI with pricing that ranges from $419 to $3,500. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indian River ranging from $600 to $12,500.
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 $600 to $12,500 with an average monthly rent of $3,334.
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 $675 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,300 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.