Cheap Apartments for Rent in Lake Leelanau, MI from $400 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Leelanau.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 2276 S M-37

2276 S M-37, Unit B

2276 S M-37
Traverse CityMI49685
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Annika Place
1 to 2 Bedroom Apartments

Annika Place

947 S Garfield AveTraverse City, MI 49686

Lake Leelanau, MI Local Guide

Cheapest Available Lake Leelanau Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Leelanau, MI is a 1 Bed unit found at Parkview Apartments in the Downtown Traverse City neighborhood priced from $694. Lighthouse Gardens Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,028. Here is today’s list of the most affordable Lake Leelanau apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkview ApartmentsOne bedroom1BR,1BA$694
Lighthouse Gardens Apartments2Br2BR,1BA$1,028
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath1BR,1BA$1,200
Garfield OaksOne Bedroom1BR,1BA$1,200
Brookside CommonsTwo Bedroom2BR,1BA$1,227

Best Value Apartments for Rent in Lake Leelanau, MI and Nearby

As of September 11, 2025 the best value apartment in the Lake Leelanau area is the $1.72 price per square foot Longitude South Model at Ridge45 Apartments in the starting from $1,905. The second greatest value Lake Leelanau apartment is the Beech Model at Chelsea Park West starting at $1,765 with a $1.73 price per square foot . Here is today’s list of the best values for Lake Leelanau apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ridge45 ApartmentsLongitude South2BR,2BA$1.72
Chelsea Park WestBeech2BR,2BA$1.73
Brookside CommonsTwo Bedroom2BR,1BA$1.20
Legends Morgan FarmsLeland Bay1BR,1BA$1.77
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.46
Annika PlaceTwo Bedroom2BR,1BA$1.56
The Flats at Carriage CommonsTwo Bedroom2BR,2BA$1.73
Pine Hills and Cedar Hills Apartments2 Bedroom 1 Bath2BR,1BA$1.87
Parkview ApartmentsOne bedroom1BR,1BA$1.06
Lighthouse Gardens Apartments1Br1BR,1BA$1.62

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

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Frequently Asked Questions about Cheap Lake Leelanau Apartments

How much is rent for a Cheap One Bedroom Lake Leelanau Apartment?

The lowest price for a Cheap One Bedroom Lake Leelanau Apartment is $694 at Parkview Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Leelanau Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Leelanau is starting from $818 at Parkview Apartments.

What is the most affordable Lake Leelanau Three Bedroom Apartment?

The best deal on a cheap Lake Leelanau Three Bedroom Apartment rental is at Lighthouse Gardens Apartments and starts from $1,357.

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 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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.