Cheap Apartments for Rent in Iron River, MI from $500 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Iron River.

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Hillside Apartments
1 to 2 Bedroom Apartments

Hillside Apartments

1601 Stambaugh AveIron River, MI 49935
  • Utilities Included
property at 505 Jupiter St
$750

Total Monthly Price

Base Rent$750
Total Monthly Price$750
3 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

505 Jupiter St

GwinnMI49841

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.

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property at 308 Lake St
$900

Total Monthly Price

Base Rent$900
Total Monthly Price$900
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 1

308 Lake St, Unit Apt 2

308 Lake St
IshpemingMI49849
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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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945 Woodward Ave
2 Bedroom Apartments

945 Woodward Ave

945 Woodward AveKingsford, MI 49802

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.

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211 E High St
2 Bedroom Apartments

211 E High St

211 E High StIshpeming, MI 49849
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Woods Hollow
1 to 3 Bedroom Apartments

Woods Hollow

9230 Independence WayWoodruff, WI 54568
  • Utilities Included
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Edgewood Manor
2 Bedroom Apartments

Edgewood Manor

9425 County JMinocqua, WI 54548
  • Utilities Included
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132 E Main St
2 Bedroom Apartments

132 E Main St

132 E Main StNegaunee, MI 49866
  • Utilities Included

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.

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1409 Norway Ave
2 Bedroom Apartments

1409 Norway Ave

1409 Norway AveMarquette, MI 49855
  • Utilities Included
Showing Results 1-47, Page 1 of 1

Iron River, MI Local Guide

Cheapest Available Iron River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Iron River, MI is a 1 Bed unit found at Black Rock Crossing priced from $314. One Penny Place Senior Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Iron River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Black Rock Crossing1x11BR, 1BA$314
One Penny Place Senior ApartmentsTwo Bedrooms One Bathroom2BR, 1BA$600
Silver Creek Mobile Home Estates2 Beds, 1 bath2BR, 1BA$600
945 Woodward AveBack Building2BR, 1BA$650
Crivitz Estates1 bedroom1BR, 1BA$795
The Lofts At City HallOne Bedroom1BR, 1BA$800
SCS Merrill Apartment CommunitySeason 1 BR Upper1BR, 1BA$890
T Bird Country ApartmentsStudioStudio, 1BA$905
Wright Street141BR, 1BA$925

Best Value Apartments for Rent in Iron River, MI and Nearby

As of September 23, 2026 the best value apartment in the Iron River area is the $0.93 price per square foot Three Bedroom Model at Forest Edge starting from $1,354. The second greatest value Iron River apartment is the 3x1.5TH Model at Woods Hollow starting at $999 with a $0.74 price per square foot. Here is today’s list of the best values for Iron River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forest EdgeThree Bedroom3BR, 2BA$0.93
Woods Hollow3x1.5TH3BR, 1.5BA$0.74
DRISCOLL ROAD ESTATES2 Bedroom 2 Bath Split2BR, 2BA$1.20
Pinewood Estates2 Bedroom 1 Bath2BR, 1BA$0.99
Prosser Place Estates2 Bedroom Upper2BR, 1BA$1.28
The Lofts At City HallTwo Bedroom2BR, 1BA$1.06
Crivitz Estates1 bedroom1BR, 1BA$0.96
One Penny Place Senior ApartmentsOne Bedroom One Bathroom1BR, 1BA$0.98
Black Rock Crossing1x11BR, 1BA$0.47
320 W Boyington St, Unit #2320 W Boyington St1BR, 1BA$1.00

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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.

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Iron River, MI

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

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Frequently Asked Questions about Cheap Iron River Apartments

What is the Cheapest Studio apartment in Iron River?

Currently the most affordable Cheap Studio Apartment in Iron River is at T Bird Country Apartments listed at $905.

How much is rent for a Cheap One Bedroom Iron River Apartment?

The lowest price for a Cheap One Bedroom Iron River Apartment is $314 at Black Rock Crossing.

What is the lowest price for a Cheap Two Bedroom Iron River Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Iron River is starting from $600 at One Penny Place Senior Apartments.

What is the most affordable Iron River Three Bedroom Apartment?

The best deal on a cheap Iron River Three Bedroom Apartment rental is at Woods Hollow and starts from $999.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.