
Cheap Homes for Rent in Oakland, MI from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Oakland.


1824 Colonial Village Way

14 Riverbank Dr

21 Canal Dr

49 Canal Dr
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.

758 W Huron St

3115 Cass Lake Ave

920 Premont Ave

25 Riverbank Dr

27 Riverbank Dr
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.

743 Hollister St
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 | $1,419 | $1,149 | $2,025 |
| Oakland 3 Bedroom Homes for Rent | $2,233 | $1,200 | $4,300 |
| Oakland 4 Bedroom Homes for Rent | $2,200 | $2,100 | $2,300 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colony Hill Apartments | One Bedroom | 1BR,1BA | $800 |
| Waterford Square | 1 Bedroom, 1 Bath Apartment | 1BR,1BA | $849 |
| Adams Lake Apartments | 2 Bedroom Apartment | 2BR,1BA | $850 |
| Cass Lake Shore Club | A1 | 1BR,1BA | $870 |
| Huron Place | Studio | Studio,1BA | $899 |
Best Value Apartments for Rent in Oakland, MI and Nearby
As of December 30, 2025 the best value apartment in the Oakland area is the $1.20 price per square foot 2B15BTH2 Model at Elizabeth Lake Estates in the in the Forestbrook neighborhood starting from $1,494. The second greatest value Oakland apartment is the Elm Model at Cherokee Hills Apartments starting at $1,095 with a $1.10 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elizabeth Lake Estates | 2B15BTH2 | 2BR,1.5BA | $1.20 |
| Cherokee Hills Apartments | Elm | 2BR,1BA | $1.10 |
| Colony Hill Apartments | Two Bedroom | 2BR,1BA | $0.90 |
| The Crossing at Auburn Hills | 2 Bed 2 Bath | 2BR,2BA | $1.34 |
| Chalet Villa Lakefront Community | Renovated 2B/1.5B Apartment, Spacious Floorplan... | 2BR,1.5BA | $1.44 |
| Waterford Pines | 2 bed 2 bath | 2BR,2BA | $1.44 |
| Round Hill Apartments | The Barrington Deluxe | 2BR,1.5BA | $1.35 |
| Heritage Park East | 2 Bedroom Apartment | 2BR,1BA | $1.08 |
| Bridgewater Park of Clarkston | Bordeaux Premium | 2BR,2BA | $1.42 |
| Ashton Pines | Austrian | 1BR,1BA | $1.20 |
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 ArticleThe 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 ArticleCash 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 ArticleQuick 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.
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 39 Apartments for Rent in Oakland, MI with pricing that ranges from $550 to $3,100. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakland ranging from $650 to $4,300.
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 $650 to $4,300 with an average monthly rent of $1,675.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!