Cheap Homes for Rent near Oakland, MI from $800 (13 Rentals)

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

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.

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.

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 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 ListingModel NameBed/BathPriced From
Colony Hill ApartmentsOne Bedroom1BR,1BA$850
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$850
Rivers Edge ApartmentsPrimrose1BR,1BA$894
Huron PlaceStudioStudio,1BA$899
Heritage Park EastSterling1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Briarwood ApartmentsBoise (Townhome)2BR,1.5BA$1.31
Cass Lake Shore Club2 Bedroom 1.5 Bathroom Large2BR,1.5BA$1.33
Elizabeth Lake Estates2B15B52BR,1.5BA$1.31
Colony Hill ApartmentsTwo Bedroom2BR,1BA$0.95
The Crossing at Auburn Hills2 Bed 2 Bath2BR,2BA$1.24
Crescent ManorDeluxe 2 Bedroom2BR,1BA$1.25
Adams Lake Apartments2 Bedroom Apartment2BR,1BA$0.92
Ashton PinesDouglas2BR,1BA$1.22
Woodlake Hills2 Bed 1 Bath2BR,1BA$1.18
Heritage Park EastSterling Premium1BR,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.

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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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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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.