Cheap Apartments for Rent in Laurium, MI from $700 (5 Rentals)

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

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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305-307 6th St
1 to 3 Bedroom Apartments

305-307 6th St

305-307 6th StCalumet, MI 49913
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446-448 Pine St
1 to 2 Bedroom Apartments

446-448 Pine St

446-448 Pine StCalumet, MI 49913

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.

Laurium, MI Local Guide

Cheapest Available Laurium Apartments for Rent and Nearby

 

The cheapest available apartment rental in Laurium, MI is a 1 Bed unit found at Gazette Apartments priced from $850. 109 5th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Laurium apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gazette ApartmentsLarge 1 Bed loft1BR,1BA$850
109 5th St1 ba / 1ba1BR,1BA$1,200
The ElementsStyle A1BR,1BA$1,350

Best Value Apartments for Rent in Laurium, MI and Nearby

As of May 06, 2026 the best value apartment in the Laurium area is the $1.19 price per square foot 510 7th St Model at 510 7th St, Unit 510 in the starting from $1,600. The second greatest value Laurium apartment is the 215 6th St Model at 215 6th St, Unit 1 starting at $1,600 with a $1.33 price per square foot . Here is today’s list of the best values for Laurium apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
510 7th St, Unit 510510 7th St3BR,1.5BA$1.19
215 6th St, Unit 1215 6th St2BR,1BA$1.33
The ElementsClassic2BR,1BA$2.17
High Gate ApartmentsEfficiency2BR,1BA$2.09
109 5th St1 ba / 1ba1BR,1BA$2.67
Gazette ApartmentsLarge 1 Bed loft1BR,1BA$17.00

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

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Frequently Asked Questions about Cheap Laurium Apartments

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

The lowest price for a Cheap One Bedroom Laurium Apartment is $850 at Gazette Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Laurium is starting from $1,400 at 109 5th St.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.