Cheap Apartments for Rent in Mackinaw City, MI from $400 (6 Rentals)

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

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Pond Street Village
2 to 3 Bedroom Apartments

Pond Street Village

759 Pond StMackinaw City, MI 49701
  • Utilities Included
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Huron Apartments
1 to 2 Bedroom Apartments

Huron Apartments

210 W EtheringtonMackinaw City, MI 49701
Corporate Housing

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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Victories Square
Studio to 2 Bedroom Apartments

Victories Square

1899 Migizi WayPetoskey, MI 49770
  • Utilities Included
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Stargate Motel
2 to 3 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • 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.

Mackinaw City, MI Local Guide

Cheapest Available Mackinaw City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mackinaw City, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Mackinaw Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $815. Here is today’s list of the most affordable Mackinaw City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Presque Isle Estates14122BR,1BA$575
Mackinaw ApartmentsTwo Bedroom2BR,1BA$815
The AnnexUnit 51BR,1BA$1,200

Best Value Apartments for Rent in Mackinaw City, MI and Nearby

As of May 09, 2026 the best value apartment in the Mackinaw City area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Mackinaw City apartment is the Two Bedroom Model at Osborn Commons starting at $1,280 with a $1.19 price per square foot . Here is today’s list of the best values for Mackinaw City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pines45 ApartmentsCedar2BR,2BA$1.48
Osborn CommonsTwo Bedroom2BR,1BA$1.19
Hillside ApartmentsAPT 2Studio ,1BA$1.00
PinecrestPinecrest2BR,2BA$1.62
The Block at Petoskey2BA2BR,2BA$1.88
Mackinaw ApartmentsTwo Bedroom2BR,1BA$1.07
The AnnexUnit 31BR,1BA$1.66
Presque Isle Estates15202BR,1BA$0.94
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$2.05

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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Mackinaw City Apartments

How much is rent for a Cheap One Bedroom Mackinaw City Apartment?

The lowest price for a Cheap One Bedroom Mackinaw City Apartment is $1,200 at The Annex.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mackinaw City is starting from $575 at Presque Isle Estates.

What is the most affordable Mackinaw City Three Bedroom Apartment?

The best deal on a cheap Mackinaw City Three Bedroom Apartment rental is at Presque Isle Estates and starts from $675.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.