Cheap Apartments for Rent in Oakland, MI from $500 (27 Rentals)

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

property at 140 Summit St

140 Summit St

PontiacMI48342
Showing Results 1-27, 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. Waterford Square in the Forestbrook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable Oakland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colony Hill ApartmentsOne Bedroom1BR,1BA$800
Waterford Square1 Bedroom, 1 Bath Apartment1BR,1BA$849
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$850
Huron PlaceStudioStudio,1BA$899
Round Hill ApartmentsThe Arlington1BR,1BA$949
Pine Apartments1 Bed/1 Bath1BR,1BA$950
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$968
Chalet Villa Lakefront CommunityLarge 1 Bed Apartment with Balcony, Lakefront C...1BR,1BA$990
Ashton PinesAustrian1BR,1BA$995
Heritage Park East2 Bedroom Apartment2BR,1BA$1,024

Best Value Apartments for Rent in Oakland, MI and Nearby

As of November 06, 2025 the best value apartment in the Oakland area is the $1.31 price per square foot Cambridge Model at Lancaster Lakes in the starting from $1,500. The second greatest value Oakland apartment is the Elm Model at Cherokee Hills Apartments starting at $1,210 with a $1.21 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.
Lancaster LakesCambridge2BR,2BA$1.31
Cherokee Hills ApartmentsElm2BR,1BA$1.21
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.90
The Crossing at Auburn Hills2 Bed 2 Bath2BR,2BA$1.34
Laketree2 Bed 1 Bath2BR,1BA$1.25
Heritage Park East2 Bedroom Apartment2BR,1BA$1.08
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$0.92
Elizabeth Lake Estates1B1B81BR,1BA$1.28
Pine Apartments1 Bed/1 Bath1BR,1BA$1.27
Greyberry Park Apartments1 Bedroom 1 Bath1BR,1BA$1.34

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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 $800 at Colony Hill 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 $1,275.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.