Cheap Apartments for Rent in Lapeer, MI from $500 (15 Rentals)

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

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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315 E Nepessing St
1 to 2 Bedroom Apartments

315 E Nepessing St

315 E Nepessing StLapeer, MI 48446
Corporate Housing
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Gateway Apartments
1 to 2 Bedroom Apartments

Gateway Apartments

1070-1080 Raleigh AveLapeer, MI 48446
Corporate Housing
  • Utilities Included

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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Riverview Towers
1 Bedroom Apartments

Riverview Towers

544 N Saginaw StLapeer, MI 48446
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Westmoor Apartments
1 to 2 Bedroom Apartments

Westmoor Apartments

1810-1825 Westmoor DrLapeer, MI 48446
Senior Living
  • Utilities Included
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Brookfield Apartments
1 to 2 Bedroom Apartments

Brookfield Apartments

1800-1841 Brookfield DrLapeer, MI 48446
  • Utilities Included

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.

Lapeer, MI Local Guide

Cheapest Available Lapeer Apartments for Rent

 

The cheapest available apartment rental in Lapeer, MI is a 1 Bed unit found at Drakeshire Apartments in the Lapeer County neighborhood priced from $800. Pines Lapeer West Apartments in the Lapeer County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Lapeer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drakeshire ApartmentsOne Bed | One Bath1BR,1BA$800
Pines Lapeer West Apartments1 Bedroom - Standard1BR,1BA$925
Arbors of Lapeer ApartmentsThe Spruce-Second Floor1BR,1BA$990
Rolling Hills ApartmentsThe Augusta Upper2BR,1BA$1,345

Best Value Apartments for Rent in Lapeer, MI

As of August 07, 2026 the best value apartment in the Lapeer area is the $1.29 price per square foot The Augusta Upper Model at Rolling Hills Apartments in the in the Lapeer County neighborhood starting from $1,345. The second greatest value Lapeer apartment is the The Spruce-Ground Floor Model at Arbors of Lapeer Apartments starting at $1,025 with a $1.41 price per square foot in the Lapeer County neighborhood. Here is today’s list of the best values for Lapeer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rolling Hills ApartmentsThe Augusta Upper2BR,1BA$1.29
Arbors of Lapeer ApartmentsThe Spruce-Ground Floor1BR,1BA$1.41
Pines Lapeer West Apartments1 Bedroom - Standard1BR,1BA$1.32
Drakeshire ApartmentsOne Bed | One Bath1BR,1BA$1.29

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

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Frequently Asked Questions about Cheap Lapeer Apartments

How much is rent for a Cheap One Bedroom Lapeer Apartment?

The lowest price for a Cheap One Bedroom Lapeer Apartment is $800 at Drakeshire Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lapeer is starting from $875 at Drakeshire Apartments.

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

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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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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.

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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.

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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.