Cheap Apartments for Rent near Mio, MI from $300 (33 Rentals)

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

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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property at 7534 US-23

$1,092

Total Monthly Price

Total Monthly Price

Base Rent
$1,092
Total Monthly Price
$1,092

2 Bedroom, 1 Bath Home for Rent

Available Oct 4

7534 US-23

OscodaMI48750

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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Victories Square
Studio to 2 Bedroom Apartments

Victories Square

1899 Migizi WayPetoskey, MI 49770
  • Utilities Included

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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Brookwood Manor
1 to 2 Bedroom Apartments

Brookwood Manor

202 Mary StClare, MI 48617
  • Utilities Included
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North Star Rentals
1 Bedroom Apartments

North Star Rentals

1119 W Lake StTawas City, MI 48763
Corporate Housing
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Hidden Brook Manor
1 to 2 Bedroom Apartments

Hidden Brook Manor

500 Long Rapids PlzAlpena, MI 49707
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Pinecrest Manor
1 to 2 Bedroom Apartments

Pinecrest Manor

200 Long Rapids PlzAlpena, MI 49707
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Stargate Motel
2 to 3 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • Utilities Included
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Inland Lakes Motel
1 to 2 Bedroom Apartments

Inland Lakes Motel

1225 S Grandview Beach RdIndian River, MI 49749
Corporate Housing
  • 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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Totem Lodges
1 to 3 Bedroom Apartments

Totem Lodges

4846 S Straits HwyIndian River, MI 49749
  • Utilities Included
Showing Results 1-33, Page 1 of 1

Mio, MI Local Guide

Cheapest Available Mio Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mio, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Harrison Estates Mobile Home Community in the Allendale neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Mio apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Presque Isle Estates14122BR,1BA$575
Harrison Estates Mobile Home CommunityLot 132BR,1BA$625
Lake Shore Estates352BR,1BA$675
Thunder Bay EstatesC222BR,1BA$675
Corning Apartments1 Bedroom1BR,1BA$750
Lighthouse Gardens Apartments1Br1BR,1BA$1,146
Sawmill Lofts1 Bedroom - 1 Bath1BR,1BA$1,150
Aspen VillageNew Double-Wide3BR,1BA$1,200
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$1,350

Best Value Apartments for Rent in Mio, MI and Nearby

As of August 07, 2026 the best value apartment in the Mio area is the $1.91 price per square foot 2BB Workforce Housing Unit* Model at The Block at Petoskey in the starting from $1,749. The second greatest value Mio apartment is the Lot 13 Model at Harrison Estates Mobile Home Community starting at $625 with a $0.69 price per square foot in the Allendale neighborhood. Here is today’s list of the best values for Mio apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Block at Petoskey2BB Workforce Housing Unit*2BR,2BA$1.91
Harrison Estates Mobile Home CommunityLot 132BR,1BA$0.69
Lake Shore Estates352BR,1BA$0.87
Lighthouse Gardens Apartments2Br2BR,1BA$1.83
Presque Isle Estates15202BR,1BA$1.04
603 N Pine St, Unit 2603 N Pine St1BR,1BA$1.11
Thunder Bay EstatesC222BR,1BA$1.01
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$2.05
Corning Apartments1 Bedroom1BR,1BA$1.43
Sawmill Lofts1 Bedroom - 1 Bath1BR,1BA$2.42

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!

Explore Mio, MI Rentals by Map

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See the most popular apartments and homes in Mio, MI

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Frequently Asked Questions about Cheap Mio Apartments

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

The lowest price for a Cheap One Bedroom Mio Apartment is $750 at Corning Apartments.

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

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

What is the most affordable Mio Three Bedroom Apartment?

The best deal on a cheap Mio 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

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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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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.