
Cheap Apartments for Rent near Lyon Township, MI from $935 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Lyon Township.


Waterview Farms Apartments

Stone Ridge Apartments

The Springs Apartment Homes

Town & Country Apartments - Wixom, MI

Waters Edge Apartments

Westgate VI

Bristol Square and Golden Gate Apartments
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.

Kensington Park Apartments

Total Monthly Price
Brookdale Apartments

Meadowood Park Apartments

Portsmouth Apartments

Saddle Creek Apartments

Brookwood Farms Apartments

Total Monthly Price
Westlake Place Apartments

Hillside Apartments
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.

The 1873

MainCentre

River Oaks West

Donovan Townhomes

The Crossings

Pendleton Park Apartments

Central Park Estates

Parkside Apartments
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.

Mainstreet Village

Shearwater

61210 Greenwood Dr

61960 Arlington 116 3

26201 Chesapeake Cir

44737 Gwinnett Loop

17104 Chesapeake Cir

25575 Portico Ln
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.

25587 Portico Ln

28126 Carlton Way Dr

2030 Charms Rd
Lyon Township, MI Local Guide

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Cheapest Available Lyon Township Apartments for Rent and Nearby
 The cheapest available apartment rental in Lyon Township, MI is a 1 Bed unit found at Waterview Farms Apartments in the Novi neighborhood priced from $985. Stone Ridge Apartments in the Liberty Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,016. Here is today’s list of the most affordable Lyon Township apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterview Farms Apartments | 1x1 693sf | 1BR,1BA | $985 |
| Stone Ridge Apartments | Orchid | 1BR,1BA | $1,016 |
| The Springs Apartment Homes | Verbena | 1BR,1BA | $1,043 |
| Town & Country Apartments - Wixom, MI | Ares | 1BR,1BA | $1,099 |
| Westgate VI | 101 - 1 Bdrm, 1 Bath | 1BR,1BA | $1,115 |
| Waters Edge Apartments | 1BD 1BATH Upgraded | 1BR,1BA | $1,159 |
| Brookdale Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,189 |
| Portsmouth Apartments | Peony | 1BR,1BA | $1,288 |
| Kensington Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,349 |
| Brookwood Farms Apartments | 1 Bedroom | 1BR,1BA | $1,369 |
Best Value Apartments for Rent in Lyon Township, MI and Nearby
As of August 22, 2026 the best value apartment in the Lyon Township area is the $1.55 price per square foot Spacious Renovated 3 bed / 1 Bath South Lyon To... Model at Donovan Townhomes in the in the Pinehurst neighborhood starting from $1,675. The second greatest value Lyon Township apartment is the The Manhattan Model at Central Park Estates starting at $1,799 with a $1.69 price per square foot in the Novi neighborhood. Here is today’s list of the best values for Lyon Township apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Donovan Townhomes | Spacious Renovated 3 bed / 1 Bath South Lyon To... | 3BR,1BA | $1.55 |
| Central Park Estates | The Manhattan | 1BR,1BA | $1.69 |
| The Springs Apartment Homes | Petunia | 2BR,1BA | $1.67 |
| Kensington Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.57 |
| Waters Edge Apartments | 1BD 1BATH Upgraded | 1BR,1BA | $1.45 |
| Westgate VI | 101 - 1 Bdrm, 1 Bath | 1BR,1BA | $1.53 |
| Brookdale Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1.70 |
| Waterview Farms Apartments | 1x1 693sf | 1BR,1BA | $1.42 |
| Town & Country Apartments - Wixom, MI | Ares | 1BR,1BA | $1.58 |
| Stone Ridge Apartments | Orchid View | 1BR,1BA | $1.68 |
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

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.

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.

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.

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.