Cheap Apartments for Rent in Oakland, MI from $500 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
33-35 Monroe St
Rent Specials
$550 - $885
Total Monthly Price

Total Monthly Price

Base Rent
$550 - $885
Total Monthly Price
$550 - $885
Studio to 2 Bedroom Apartments Contact Us For Availability

33-35 Monroe St

33-35 Monroe StPontiac, MI 48341
  • Verified
  • 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.

Read Article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
Cass Lake Shore Club
Rent Specials
$940 - $1,745
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,740
Required Monthly Fees
$5
Total Monthly Price
$940 - $1,745
1 to 2 Bedroom Apartments Available Now

Cass Lake Shore Club

3530 Denise CtWaterford, MI 48328
  • Verified
  • Customer Reviewed
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
Independence Square Apartments
Rent Specials
$1,099 - $1,185
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,035
Required Monthly Fees
$150
Total Monthly Price
$1,099 - $1,185
1 to 2 Bedroom Apartments Available Now

Independence Square Apartments

5891-5901 Dixie HwyClarkston, MI 48346
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Pine Apartments
1 Bedroom Apartments

Pine Apartments

64 Spokane DrPontiac, MI 48341
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-26, Page 1 of 1

Oakland, MI Local Guide

Cheapest Available Oakland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakland, MI is a 1 Bed unit found at Colony Hill Apartments in the Forestbrook neighborhood priced from $800. Adams Lake Apartments in the Forestbrook neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Oakland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colony Hill ApartmentsOne Bedroom1BR,1BA$800
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$850
Pine Lake ApartmentsThe Juniper1BR,1BA$895
Huron PlaceStudioStudio,1BA$899
Heritage Park East1 Bedroom Apartment1BR,1BA$899
Ashton PinesAustrian1BR,1BA$899
Round Hill ApartmentsThe Arlington1BR,1BA$939
Cass Lake Shore ClubA11BR,1BA$965
Rivers Edge ApartmentsPrimrose1BR,1BA$973
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$974

Best Value Apartments for Rent in Oakland, MI and Nearby

As of February 22, 2026 the best value apartment in the Oakland area is the $1.25 price per square foot 2B15BTH2 Model at Elizabeth Lake Estates in the in the Forestbrook neighborhood starting from $1,554. The second greatest value Oakland apartment is the Birch Model at Cherokee Hills Apartments starting at $1,255 with a $1.14 price per square foot in the Seminole Hills neighborhood. Here is today’s list of the best values for Oakland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elizabeth Lake Estates2B15BTH22BR,1.5BA$1.25
Cherokee Hills ApartmentsBirch2BR,1BA$1.14
Briarwood ApartmentsDanbrook2BR,1.5BA$1.35
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.90
The Crossing at Auburn Hills2 Bed 2 Bath2BR,2BA$1.34
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$0.92
Woodlake Hills2Bed1Bath2BR,1BA$1.18
Heritage Park East1 Bedroom Apartment Premium1BR,1BA$1.14
Ashton PinesFrasier2BR,1BA$1.35
Pine Lake ApartmentsThe Juniper1BR,1BA$1.15

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Oakland, MI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Oakland, MI

View Map
Oakland, MI Apartments Map
View Map
Oakland, MI Rental Homes Map

Frequently Asked Questions about Cheap Oakland Apartments

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

The lowest price for a Cheap One Bedroom Oakland Apartment is $750 at Adams Lake Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oakland is starting from $850 at Adams Lake Apartments.

What is the most affordable Oakland Three Bedroom Apartment?

The best deal on a cheap Oakland Three Bedroom Apartment rental is at The Crossing at Auburn Hills and starts from $1,425.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.