Cheap Homes for Rent near Lyon Township, MI from $1,395 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Lyon Township.

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.

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.

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 ListingModel NameBed/BathPriced From
Waterview Farms Apartments1x1 693sf1BR,1BA$985
Stone Ridge ApartmentsOrchid1BR,1BA$1,016
The Springs Apartment HomesVerbena1BR,1BA$1,043

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Donovan TownhomesSpacious Renovated 3 bed / 1 Bath South Lyon To...3BR,1BA$1.55
Central Park EstatesThe Manhattan1BR,1BA$1.69
The Springs Apartment HomesPetunia2BR,1BA$1.67
Kensington Park Apartments2 Bedroom 1 Bath2BR,1BA$1.57
Waters Edge Apartments1BD 1BATH Upgraded1BR,1BA$1.45
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1.53
Brookdale Apartments1 Bed / 1 Bath1BR,1BA$1.70
Waterview Farms Apartments1x1 693sf1BR,1BA$1.42
Town & Country Apartments - Wixom, MIAres1BR,1BA$1.58
Stone Ridge ApartmentsOrchid View1BR,1BA$1.68

Frequently Asked Questions about Lyon Township

What type of rentals are currently available in Lyon Township?

There are currently 30 Apartments for Rent in Lyon Township, MI with pricing that ranges from $934 to $3,845. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lyon Township ranging from $1,395 to $5,050.

What is the current price range for Rental Homes in Lyon Township?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lyon Township ranges from $1,395 to $5,050 with an average monthly rent of $2,950.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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

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.

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.