
Cheap Apartments for Rent near Mackinac Island, MI from $575 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Mackinac Island.


Lake Shore Estates

Thunder Bay Estates

PARK MEADOW APARTMENTS

Green Meadows Apartments

Bingham Apartments - 55+ Community
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.

Victories Square

Osborn Commons

Hidden Brook Manor

Pinecrest Manor

Stargate Motel

Huron 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.

Mackinaw Apartments

Lighthouse Village

402 S Ravine St

Inland Lakes Motel

Cheboygan Shores

807 Young St
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.
Mackinac Island, MI Local Guide

How much does it cost to rent an apartment in Mackinac Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mackinac Island Studio Apartments | $1,156 | $1,095 | $1,217 |
| Mackinac Island 1 Bedroom Apartments | $1,342 | $800 | $1,725 |
| Mackinac Island 2 Bedroom Apartments | $1,459 | $575 | $1,864 |
| Mackinac Island 3 Bedroom Apartments | $1,522 | $750 | $1,990 |
Browse Top Apartments in Mackinac Island
See all Apartments in Mackinac IslandExplore Mackinac Island
Mackinac Island, MI Local Guide
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Cheapest Available Mackinac Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Mackinac Island, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Thunder Bay Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Mackinac Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Thunder Bay Estates | D19 | 2BR,1BA | $675 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $850 |
| PARK MEADOW APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1,080 |
| Lighthouse Gardens Apartments | 1Br | 1BR,1BA | $1,146 |
Best Value Apartments for Rent in Mackinac Island, MI and Nearby
As of September 05, 2026 the best value apartment in the Mackinac Island area is the $0.89 price per square foot 3 Bedroom 2 Bathroom Model at PARK MEADOW APARTMENTS in the starting from $1,080. The second greatest value Mackinac Island apartment is the 2x1 Model at Osborn Commons starting at $1,350 with a $1.25 price per square foot . Here is today’s list of the best values for Mackinac Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| PARK MEADOW APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.89 |
| Osborn Commons | 2x1 | 2BR,1BA | $1.25 |
| Pines45 Apartments | Alpine | 1BR,1BA | $1.73 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.11 |
| The Annex | Unit 3 | 1BR,1BA | $1.66 |
| Presque Isle Estates | 1520 | 2BR,1BA | $1.04 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.05 |
| Lighthouse Gardens Apartments | 1Br | 1BR,1BA | $1.76 |
| The Block at Petoskey | Studio Workforce Housing Unit* | Studio ,1BA | $2.39 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mackinac Island, MI Rentals by Map
See the most popular apartments and homes in Mackinac Island, MI
Frequently Asked Questions about Cheap Mackinac Island Apartments
How much is rent for a Cheap One Bedroom Mackinac Island Apartment?
The lowest price for a Cheap One Bedroom Mackinac Island Apartment is $1,146 at Lighthouse Gardens Apartments.
What is the lowest price for a Cheap Two Bedroom Mackinac Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mackinac Island is starting from $575 at Presque Isle Estates.
What is the most affordable Mackinac Island Three Bedroom Apartment?
The best deal on a cheap Mackinac Island Three Bedroom Apartment rental is at Presque Isle Estates and starts from $750.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.