
Cheap Homes for Rent in Mikado, MI from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Mikado.


2391 8 Mile Rd
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.

2410 Pajot Rd

2455 8 Mile Rd
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.

2390 Pajot Rd
Mikado, MI Local Guide

How much does it cost to rent a home in Mikado?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mikado 2 Bedroom Homes for Rent | $1,186 | $1,049 | $1,595 |
| Mikado 3 Bedroom Homes for Rent | $1,299 | $1,149 | $1,650 |
Browse Top Homes for Rent in Mikado
Explore Mikado
Mikado, MI Local Guide
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Cheapest Available Mikado Apartments for Rent and Nearby
 The cheapest available apartment rental in Mikado, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Parkside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $598. Here is today’s list of the most affordable Mikado apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Parkside Apartments | One Bedroom | 1BR,1BA | $598 |
| Lake Shore Estates | 41 | 2BR,1BA | $675 |
Best Value Apartments for Rent in Mikado, MI and Nearby
As of May 19, 2026 the best value apartment in the Mikado area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Mikado apartment is the 41 Model at Lake Shore Estates starting at $675 with a $0.80 price per square foot . Here is today’s list of the best values for Mikado apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Lake Shore Estates | 41 | 2BR,1.5BA | $0.80 |
| Presque Isle Estates | 1520 | 2BR,1BA | $1.04 |
| Thunder Bay Estates | D3 | 2BR,1BA | $0.94 |
| Pinecrest Manor | 1 Bed | 1BR,1BA | $1.32 |
| Hidden Brook Manor | 1 Bed | 1BR,1BA | $1.32 |
| Parkside Apartments | One Bedroom | 1BR,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.
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 Mikado, MI Rentals by Map
See the most popular apartments and homes in Mikado, MI
Frequently Asked Questions about Mikado
What type of rentals are currently available in Mikado?
There are currently 26 Apartments for Rent in Mikado, MI with pricing that ranges from $575 to $2,491. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mikado ranging from $715 to $1,650.
What is the current price range for Rental Homes in Mikado?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mikado ranges from $715 to $1,650 with an average monthly rent of $1,100.
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

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.

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.

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.

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.