
Cheap Homes for Rent near Oakland, MI from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Oakland.


78 E Fairmount Ave

54 E Princeton Ave

97 S Jessie St

57 Joy St

150 Summit View Ct
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.

5015 Sashabaw Rd

260 W Longfellow Ave

162 Summit View Ct

655 Lewa Downs Dr

271 Dick Ave

1407 Laurel Valley Dr
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.

49 Neome Dr
Oakland, MI Local Guide

How much does it cost to rent a home in Oakland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakland 2 Bedroom Homes for Rent | $1,483 | $895 | $2,000 |
| Oakland 3 Bedroom Homes for Rent | $2,505 | $1,300 | $5,200 |
| Oakland 4 Bedroom Homes for Rent | $3,168 | $1,595 | $5,950 |
| Oakland 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Oakland
Explore Oakland
Oakland, MI Local Guide
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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 Waterford neighborhood priced from $850. Adams Lake Apartments in the Waterford 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colony Hill Apartments | One Bedroom | 1BR,1BA | $850 |
| Adams Lake Apartments | 2 Bedroom Apartment | 2BR,1BA | $850 |
| Rivers Edge Apartments | Primrose | 1BR,1BA | $894 |
| Huron Place | Studio | Studio,1BA | $899 |
| Heritage Park East | Sterling | 1BR,1BA | $935 |
Best Value Apartments for Rent in Oakland, MI and Nearby
As of August 16, 2026 the best value apartment in the Oakland area is the $1.31 price per square foot Boise (Townhome) Model at Briarwood Apartments in the in the Waterford neighborhood starting from $1,649. The second greatest value Oakland apartment is the 2 Bedroom 1.5 Bathroom Large Model at Cass Lake Shore Club starting at $1,600 with a $1.33 price per square foot in the Waterford neighborhood. Here is today’s list of the best values for Oakland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Briarwood Apartments | Boise (Townhome) | 2BR,1.5BA | $1.31 |
| Cass Lake Shore Club | 2 Bedroom 1.5 Bathroom Large | 2BR,1.5BA | $1.33 |
| Elizabeth Lake Estates | 2B15B5 | 2BR,1.5BA | $1.31 |
| Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.95 |
| The Crossing at Auburn Hills | 2 Bed 2 Bath | 2BR,2BA | $1.24 |
| Crescent Manor | Deluxe 2 Bedroom | 2BR,1BA | $1.25 |
| Adams Lake Apartments | 2 Bedroom Apartment | 2BR,1BA | $0.92 |
| Ashton Pines | Douglas | 2BR,1BA | $1.22 |
| Woodlake Hills | 2 Bed 1 Bath | 2BR,1BA | $1.18 |
| Heritage Park East | Sterling Premium | 1BR,1BA | $1.34 |
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oakland, MI Rentals by Map
See the most popular apartments and homes in Oakland, MI
Frequently Asked Questions about Oakland
What type of rentals are currently available in Oakland?
There are currently 40 Apartments for Rent in Oakland, MI with pricing that ranges from $550 to $3,100. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakland ranging from $800 to $5,950.
What is the current price range for Rental Homes in Oakland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakland ranges from $800 to $5,950 with an average monthly rent of $2,214.
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

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.

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.

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.

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.