Cheap Homes for Rent in Litchfield, MI from $500 (10 Rentals)

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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.

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.

Litchfield, MI Local Guide

Cheapest Available Litchfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Litchfield, MI is a 1 Bed unit found at Litchfield Apartments Co. LDHA - LP priced from $535. Grand River Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Litchfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Litchfield Apartments Co. LDHA - LPLitchfield Apartments - Roomy One Bedroom1BR,1BA$535
Grand River Ridge1 Bedroom1BR,1BA$749
Riverside (Albion 64 LLC)Riverside Apartments - StudioStudio,1BA$750

Best Value Apartments for Rent in Litchfield, MI and Nearby

As of May 07, 2026 the best value apartment in the Litchfield area is the $0.71 price per square foot 2 Beds, 1.5 baths Model at Waldon Pond Townhomes in the in the Marshall Albion neighborhood starting from $1,050. The second greatest value Litchfield apartment is the Park Crest Apartments - Two Bedroom, One & Half... Model at Park Crest Apartments starting at $1,152 with a $0.89 price per square foot . Here is today’s list of the best values for Litchfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waldon Pond Townhomes2 Beds, 1.5 baths2BR,1.5BA$0.71
Park Crest ApartmentsPark Crest Apartments - Two Bedroom, One & Half...2BR,1.5BA$0.89
Grand River Ridge3 Bedroon3BR,1BA$0.92
Oak Meadows4 Bedroom House4BR,1.5BA$1.17
Riverside (Albion 64 LLC)Albion Riverside Apartments - Two Bedroom - Hea...2BR,1BA$0.98
McClellan Estates IIITwo Bedroom2BR,1BA$1.21
Sheridan ApartmentsTwo Bedrooms2BR,1BA$1.21
Carriage House (Albion 64 LLC)Carriage House Apartments - One Bedroom - Heat ...1BR,1BA$1.06
North Pointe Apartments1 Bed 1 Bath1BR,1BA$1.25
Litchfield Apartments Co. LDHA - LPLitchfield Apartments - Roomy One Bedroom1BR,1BA$0.82

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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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 Litchfield

What type of rentals are currently available in Litchfield?

There are currently 49 Apartments for Rent in Litchfield, MI with pricing that ranges from $335 to $1,900. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Litchfield ranging from $570 to $3,500.

What is the current price range for Rental Homes in Litchfield?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Litchfield ranges from $570 to $3,500 with an average monthly rent of $1,236.

How much are larger Three and Four Bedroom Rentals in Litchfield?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Litchfield range from $1,000 to $1,696, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $1,400.

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.