530 N Michigan Ave
MantonMI49663
Cheap Apartments for Rent in Lake Leelanau, MI from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Leelanau.
532 N Michigan Ave
MantonMI49663
close
View Me
$861 - $1,4291 to 3 Bedroom Apartments Contact Us For Availability
Bay Hill I
600 Bay Hill DrTraverse City, MI 49684
close
View Me
$874 - $1,3291 to 3 Bedroom Apartments Contact Us For Availability
Hillside Club Apartments
501 Valley Ridge DrPetoskey, MI 49770
close
View Me
$1,028 - $2,6781 to 4 Bedroom Apartments Available Now
Lighthouse Gardens Apartments
1001 May StCharlevoix, MI 49720
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.
close
View Me
$1,081 - $1,577Studio to 2 Bedroom Apartments Available Now
The Flats at Carriage Commons
1389 Carriage View LnTraverse City, MI 49686
close
View Me
Rent Specials
$1,120 - $1,7551 to 2 Bedroom Apartments Contact Us For Availability
Harbour Ridge Apartments
3686 Matador WTraverse City, MI 49684
4210 Mitchell Creek Dr, Unit 6
4210 Mitchell Creek Dr
Traverse CityMI49686
close
View Me
$1,1952 Bedroom Apartments Available Sep 1
SPRING HARBOR APARTMENTS
301-305 Silver StBoyne City, MI 49712
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
$1,200 - $1,9851 to 2 Bedroom Apartments Contact Us For Availability
Lake Pointe Village
1646 Maple Ridge WayTraverse City, MI 49686
close
View Me
$1,200 - $1,4001 to 2 Bedroom Apartments Contact Us For Availability
Pine Hills and Cedar Hills Apartments
6444 Cedar RunTraverse City, MI 49684
2276 S M-37, Unit B
2276 S M-37
Traverse CityMI49685
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
close
View Me
close
View Me
Showing Results 1-15, Page 1 of 1
Lake Leelanau, MI Local Guide
Michigan Sunset through the grass by A. F. is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lake Leelanau?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Leelanau Studio Apartments | $1,561 | $1,083 | $3,000 |
| Lake Leelanau 1 Bedroom Apartments | $1,613 | $746 | $2,800 |
| Lake Leelanau 2 Bedroom Apartments | $1,994 | $815 | $3,800 |
| Lake Leelanau 3 Bedroom Apartments | $2,225 | $1,033 | $3,600 |
| Lake Leelanau 4 Bedroom Apartments | $1,608 | $1,608 | $1,608 |
Browse Top Apartments in Lake Leelanau
See all Apartments in Lake LeelanauExplore Lake Leelanau
Lake Leelanau, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lake Leelanau Apartments for Rent and Nearby
The cheapest available apartment rental in Lake Leelanau, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $454. Annika Place in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $476. Here is today’s list of the most affordable Lake Leelanau apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ruth Park | Two Bedroom | 2BR,1BA | $454 |
| Annika Place | Two Bedroom | 2BR,1BA | $476 |
| Lighthouse Gardens Apartments | 2Br | 2BR,1BA | $1,028 |
| The Flats at Carriage Commons | One Bedroom | 1BR,1BA | $1,081 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1,227 |
Best Value Apartments for Rent in Lake Leelanau, MI and Nearby
As of July 25, 2025 the best value apartment in the Lake Leelanau area is the $1.87 price per square foot Furnished Single Family Model at Woodbury Estates - SINGLE FAMILY HOMES in the starting from $2,999. The second greatest value Lake Leelanau apartment is the Three Bedroom Model at Ruth Park starting at $1,800 with a $1.61 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Lake Leelanau apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodbury Estates - SINGLE FAMILY HOMES | Furnished Single Family | 3BR,2BA | $1.87 |
| Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
| Annika Place | Two Bedroom | 2BR,1BA | $0.52 |
| Legends Morgan Farms | Harbor | 1BR,1BA | $2.31 |
| Chelsea Park West | Arcadia Bay | 1BR,1BA | $2.32 |
| Bayview of Traverse City | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $2.33 |
| Lighthouse Gardens Apartments | 1Br | 1BR,1BA | $1.62 |
| The Flats at Carriage Commons | Studio | Studio ,1BA | $2.19 |
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 Lake Leelanau area?
If you’re an expert on all things Lake Leelanau, 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 Lake Leelanau, MI Rentals by Map
See the most popular apartments and homes in Lake Leelanau, MI
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 $1,050 at Lighthouse Gardens 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 $454 at Ruth Park.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.