Cheap Apartments for Rent near Merritt, MI from $405 (52 Rentals)

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

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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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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Brookside Commons
1 to 3 Bedroom Apartments

Brookside Commons

4155 Sprucewood DrTraverse City, MI 49684
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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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Garfield Oaks
1 to 2 Bedroom Apartments

Garfield Oaks

3011 Garfield Rd NTraverse City, MI 49686
  • Utilities Included
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Liv Arbors
1 to 5 Bedroom Apartments

Liv Arbors

2955 Leggett DrTraverse City, MI 49685

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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Showing Results 1-50, Page 1 of 2

Merritt, MI Local Guide

Cheapest Available Merritt Apartments for Rent and Nearby

 

The cheapest available apartment rental in Merritt, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $498. Brookside Commons has the second lowest priced unit, which is a 2 Beds apartment currently listed from $583. Here is today’s list of the most affordable Merritt apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ruth Park2x12BR, 1BA$498
Brookside Commons2 Bedroom C2BR, 1BA$583
Parkside ApartmentsOne Bedroom1BR, 1BA$598
Harrison Estates Mobile Home CommunityLot 143BR, 1BA$625
Parkview ApartmentsOne bedroom1BR, 1BA$694
Corning Apartments1 Bedroom1BR, 1BA$750
White Pine ManorTwo bedroom2BR, 1BA$762
Oak Terrace1 BEDROOM1BR, 1BA$796
The Clare Lofts (Clare 32 LLC)The Clare Lofts | One Bed | One Bath1BR, 1BA$1,000
Broadway LoftsStudioStudio, 1BA$1,067

Best Value Apartments for Rent in Merritt, MI and Nearby

As of September 22, 2026 the best value apartment in the Merritt area is the $0.95 price per square foot Unit 17 Model at Cherry Street Town Houses starting from $1,300. The second greatest value Merritt apartment is the 3 Bedroom Model at White Pines - Harrison in the Allendale neighborhood starting at $1,159 with a $0.91 price per square foot. Here is today’s list of the best values for Merritt apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cherry Street Town HousesUnit 174BR, 1.5BA$0.95
White Pines - Harrison3 Bedroom3BR, 2BA$0.91
Townhouse LaneTownhouse Ln2BR, 1.5BA$1.29
Brookside Commons2 Bedroom A2BR, 1BA$1.37
Harrison Estates Mobile Home CommunityLot 143BR, 1BA$0.63
Arboretum Apartment HomesTwo Bed Two Bath2BR, 2BA$1.23
Ruth Park2x12BR, 1BA$0.58
Parkview ApartmentsOne bedroom1BR, 1BA$0.95
White Pine ManorOne Bedroom1BR, 1BA$1.22
Parkside ApartmentsOne Bedroom1BR, 1BA$1.04

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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Navigating 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.

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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!

Explore Merritt, MI Rentals by Map

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See the most popular apartments and homes in Merritt, MI

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Frequently Asked Questions about Cheap Merritt Apartments

What is the Cheapest Studio apartment in Merritt?

Currently the most affordable Cheap Studio Apartment in Merritt is at Broadway Lofts listed at $1,067.

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

The lowest price for a Cheap One Bedroom Merritt Apartment is $50 at Riverview Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Merritt is starting from $498 at Ruth Park.

What is the most affordable Merritt Three Bedroom Apartment?

The best deal on a cheap Merritt 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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.