Cheap Apartments for Rent in Ludington, MI from $300 (41 Rentals)

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

property at 602 5th St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Townhome for Rent

Available Now

602 5th St

LudingtonMI49431
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107 Water St
$1,200 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,500

Total Monthly Price
$1,200 - $1,500
Studio to 3 Bedroom Apartment Available Now

107 Water St

107 Water StLudington, MI 49431
Furnished
  • Smoke Free
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Pineview Apartments
1 to 3 Bedroom Apartments

Pineview Apartments

906 N Washington AveLudington, MI 49431
  • Utilities Included
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225 Ludington
1 to 2 Bedroom Apartments

225 Ludington

225 W Ludington AveLudington, MI 49431
  • Utilities Included
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200 Loomis
1 to 2 Bedroom Apartments

200 Loomis

200 Loomis StLudington, MI 49431
Senior Living
  • Utilities Included
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Sherman Oaks
2 Bedroom Apartments

Sherman Oaks

700 Sherman Oaks DrLudington, MI 49431
  • Utilities Included
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Liv Wildwood
1 to 3 Bedroom Apartments

Liv Wildwood

153 S Wildwood TrlLudington, MI 49431
Corporate Housing

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property at 2276 S M-37

$1,200

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2276 S M-37, Unit B

2276 S M-37
Traverse CityMI49685
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122 Hancock St
Studio to 3 Bedroom Apartments

122 Hancock St

122 Hancock StManistee, MI 49660
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Pine Grove Manor
1 to 2 Bedroom Apartments

Pine Grove Manor

1764 E Apple AveMuskegon, MI 49442
Senior Living

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.

Ludington, MI Local Guide

Cheapest Available Ludington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ludington, MI is a 2 Beds unit found at Autumn Grove (Newaygo) in the Newaygo County neighborhood priced from $519. Eastwood Village Apartments in the Angell neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Ludington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Autumn Grove (Newaygo)Two Bedroom2BR,1BA$519
Eastwood Village ApartmentsStudioStudio,1BA$850
Park Terrace1B-ABF774L1BR,1BA$873
Shores of Roosevelt ParkOne Bedroom1BR,1BA$1,025
Glen Oaks ApartmentsTwo Bedroom2BR,1BA$1,098
The Village at Park Terrace2B-C-LI2BR,2BA$1,099
Cadillac Lofts1-Bedroom1BR,1BA$1,138
Tiffany WoodsCedar2BR,1BA$1,175
Terrace FlatsOne Bedroom/One Bath1BR,1BA$1,275

Best Value Apartments for Rent in Ludington, MI and Nearby

As of August 08, 2026 the best value apartment in the Ludington area is the $1.47 price per square foot 3 Bed 2 Bath Model at Chesapeake Landing in the in the East Muskegon neighborhood starting from $1,758. The second greatest value Ludington apartment is the The Derby Model at Eight Thirty Water Tower starting at $1,760 with a $1.52 price per square foot . Here is today’s list of the best values for Ludington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chesapeake Landing3 Bed 2 Bath3BR,2BA$1.47
Eight Thirty Water TowerThe Derby4BR,2BA$1.52
Lake Forest Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.25
Tiffany WoodsOak3BR,1.5BA$1.31
Park Terrace2B-B-1059M2BR,2BA$1.31
Arbor Crossings2 Bed - 1 Bath2BR,1BA$1.51
Autumn Grove (Newaygo)Two Bedroom2BR,1BA$0.68
Glen Oaks ApartmentsTwo Bedroom2BR,1BA$1.62
Shores of Roosevelt ParkOne Bedroom1BR,1BA$1.60
Eastwood Village ApartmentsStudioStudio ,1BA$1.42

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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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 Ludington Apartments

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

The lowest price for a Cheap One Bedroom Ludington Apartment is $873 at Park Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Ludington is starting from $519 at Autumn Grove (Newaygo).

What is the most affordable Ludington Three Bedroom Apartment?

The best deal on a cheap Ludington Three Bedroom Apartment rental is at Tiffany Woods and starts from $1,475.

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.