Cheap Apartments for Rent near Luther, MI from $379 (44 Rentals)

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

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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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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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

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.

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Annika Place
1 to 2 Bedroom Apartments

Annika Place

947 S Garfield AveTraverse City, MI 49686
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Ruth Park
1 to 3 Bedroom Apartments

Ruth Park

520 Wellington StTraverse City, MI 49686
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Brookside Commons
1 to 3 Bedroom Apartments

Brookside Commons

4155 Sprucewood DrTraverse City, MI 49684
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122 Hancock St
Studio to 3 Bedroom Apartments

122 Hancock St

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

Brookwood Manor

202 Mary StClare, MI 48617
  • Utilities Included

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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Liv Wildwood
1 to 3 Bedroom Apartments

Liv Wildwood

153 S Wildwood TrlLudington, MI 49431
Corporate Housing
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Garfield Oaks
1 to 2 Bedroom Apartments

Garfield Oaks

3011 Garfield Rd NTraverse City, MI 49686
  • Utilities Included

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.

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Liv Arbors
1 to 5 Bedroom Apartments

Liv Arbors

2955 Leggett DrTraverse City, MI 49685
Showing Results 1-44, Page 1 of 1

Luther, MI Local Guide

Cheapest Available Luther Apartments for Rent and Nearby

 

The cheapest available apartment rental in Luther, MI is a 1 Bed unit found at Annika Place in the Downtown Traverse City neighborhood priced from $463. Autumn Grove (Newaygo) in the Newaygo County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $519. Here is today’s list of the most affordable Luther apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Annika Place1 Bedroom 1 Bath1BR,1BA$463
Autumn Grove (Newaygo)Two Bedroom2BR,1BA$519
Harrison Estates Mobile Home CommunityLot 143BR,1BA$625
Corning Apartments1 Bedroom1BR,1BA$750
White Pine ManorTwo bedroom2BR,1BA$762
Oak Terrace1 BEDROOM1BR,1BA$796
Oak Tree Village ApartmentsOne Bedroom Garden1BR,1BA$850
Brookside Commons2 Bedroom B2BR,1BA$887
The Clare Lofts (Clare 32 LLC)One Bed | One Bath1BR,1BA$1,000
105 Hobart St1 bed1BR,1BA$1,075

Best Value Apartments for Rent in Luther, MI and Nearby

As of August 26, 2026 the best value apartment in the Luther area is the $0.28 price per square foot 4x2 Model at Oakwood Townhomes in the starting from $469. The second greatest value Luther apartment is the 4BR/4BA - Cottage Model at Campus Creek Cottages starting at $569 with a $0.35 price per square foot . Here is today’s list of the best values for Luther apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes4x24BR,2.5BA$0.28
Campus Creek Cottages4BR/4BA - Cottage4BR,4BA$0.35
College Town Apartments4BR/4BA - A4BR,4BA$0.30
Cherry Street Town HousesUnit 174BR,1.5BA$0.95
Bay Hill I2D2BR,2BA$1.21
Harrison Estates Mobile Home CommunityLot 143BR,1BA$0.63
Campus Creek Townhomes2BR/2BA - Townhome Super4BR,2BA$0.81
Arboretum Apartment HomesTwo Bed Two Bath2BR,2BA$1.23
Autumn Grove (Newaygo)Two Bedroom2BR,1BA$0.68
White Pine ManorOne Bedroom1BR,1BA$1.22

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!

Explore Luther, MI Rentals by Map

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See the most popular apartments and homes in Luther, MI

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Frequently Asked Questions about Cheap Luther Apartments

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

The lowest price for a Cheap One Bedroom Luther Apartment is $463 at Annika Place.

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

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

What is the most affordable Luther Three Bedroom Apartment?

The best deal on a cheap Luther Three Bedroom Apartment rental is at Harrison Estates Mobile Home Community and starts from $625.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.