
Cheap Homes for Rent near Lake Leelanau, MI from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Leelanau.


124 Beech St
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.

286 W South Airport Rd

4055 S Thornapple Hollow
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.

621 Riverine Dr
Lake Leelanau, MI Local Guide

How much does it cost to rent a home in Lake Leelanau?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Leelanau 2 Bedroom Homes for Rent | $2,219 | $1,450 | $4,500 |
| Lake Leelanau 3 Bedroom Homes for Rent | $2,731 | $1,820 | $4,500 |
| Lake Leelanau 4 Bedroom Homes for Rent | $4,140 | $2,000 | $8,500 |
Browse Top Homes for Rent in Lake Leelanau
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Lake Leelanau, MI Local Guide
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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 Oak Terrace priced from $796. Buena Vista Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable Lake Leelanau apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
| Buena Vista Estates | Two Bed One Bath | 2BR,1BA | $1,100 |
| Lighthouse Gardens Apartments | 1Br | 1BR,1BA | $1,146 |
Best Value Apartments for Rent in Lake Leelanau, MI and Nearby
As of July 30, 2026 the best value apartment in the Lake Leelanau area is the $1.60 price per square foot Empire Model at Liv East Bay in the starting from $3,065. The second greatest value Lake Leelanau apartment is the Single Family Home Model at Woodbury Estates starting at $2,399 with a $1.98 price per square foot . 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. |
|---|---|---|---|
| Liv East Bay | Empire | 4BR,2.5BA | $1.60 |
| Woodbury Estates | Single Family Home | 3BR,2BA | $1.98 |
| Townhouse Lane | Townhouse Ln | 2BR,1.5BA | $1.29 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.46 |
| Hillside Apartments | APT 2 | Studio ,1BA | $1.00 |
| Buena Vista Estates | Three Bed Two Bath | 3BR,2BA | $1.70 |
| Eagle Ridge Apartment Homes | One Bedroom End | 1BR,1BA | $1.94 |
| Lighthouse Gardens Apartments | 2Br | 2BR,1BA | $1.83 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.05 |
| 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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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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 Lake Leelanau
What type of rentals are currently available in Lake Leelanau?
There are currently 50 Apartments for Rent in Lake Leelanau, MI with pricing that ranges from $694 to $3,587. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Leelanau ranging from $1,200 to $8,500.
What is the current price range for Rental Homes in Lake Leelanau?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Leelanau ranges from $1,200 to $8,500 with an average monthly rent of $2,622.
How much are larger Three and Four Bedroom Rentals in Lake Leelanau?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Leelanau range from $1,154 to $3,587, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,820 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,000 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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.