
Cheap Homes for Rent in Omena, MI from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Omena.


2285 E Carriage Hill Dr

2276 S M-37, Unit B, Unit B
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

124 Beech St

3839 Silver Lake Rd

1019 Forest St
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.
Omena, MI Local Guide

How much does it cost to rent a home in Omena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Omena 2 Bedroom Homes for Rent | $2,023 | $1,150 | $4,500 |
| Omena 3 Bedroom Homes for Rent | $3,255 | $1,750 | $8,000 |
| Omena 4 Bedroom Homes for Rent | $8,750 | $5,000 | $10,000+ |
Browse Top Homes for Rent in Omena
Explore Omena
Omena, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Omena Apartments for Rent and Nearby
 The cheapest available apartment rental in Omena, MI is a 1 Bed unit found at Riverview Terrace in the Downtown Traverse City neighborhood priced from $744. Oak Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $796. Here is today’s list of the most affordable Omena apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverview Terrace | 1 Bedroom R | 1BR,1BA | $744 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $815 |
Best Value Apartments for Rent in Omena, MI and Nearby
As of May 07, 2026 the best value apartment in the Omena area is the $1.65 price per square foot Ottawa Model at Liv East Bay in the starting from $3,445. The second greatest value Omena apartment is the Cedar Model at Pines45 Apartments starting at $1,750 with a $1.48 price per square foot . Here is today’s list of the best values for Omena apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liv East Bay | Ottawa | 5BR,2.5BA | $1.65 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ridge45 Apartments | Longitude South | 2BR,2BA | $1.64 |
| Brookside Commons | Two Bedroom | 2BR,1BA | $1.20 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.36 |
| Hillside Apartments | APT 2 | Studio ,1BA | $1.00 |
| Pinecrest | Pinecrest | 2BR,2BA | $1.62 |
| Alger Apartments | 2 bed - 2 bath | 2BR,2BA | $1.52 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.07 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
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.
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 Omena, MI Rentals by Map
See the most popular apartments and homes in Omena, MI
Frequently Asked Questions about Omena
What type of rentals are currently available in Omena?
There are currently 55 Apartments for Rent in Omena, MI with pricing that ranges from $694 to $3,500. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Omena ranging from $950 to $12,500.
What is the current price range for Rental Homes in Omena?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Omena ranges from $950 to $12,500 with an average monthly rent of $3,848.
How much are larger Three and Four Bedroom Rentals in Omena?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Omena range from $1,080 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $8,000. Four Bedroom Single-Family rentals are also available starting from $5,000 and Four Bedroom Apartments start at $2,775.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.