
Cheap Apartments for Rent in Onaway, MI from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Onaway.


Thunder Bay Estates

6776 State St

Lake Shore Estates

Inland Lakes Motel
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.

Stargate Motel

PARK MEADOW APARTMENTS

Green Meadows Apartments

118 W Main St

Bingham Apartments - 55+ Community
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.

Victories Square

602 Saunders Rd

Huron Apartments

Mackinaw Apartments

Lighthouse Village
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

5712 Shanty Creek Rd
Onaway, MI Local Guide

How much does it cost to rent an apartment in Onaway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Onaway Studio Apartments | $1,186 | $1,095 | $1,217 |
| Onaway 1 Bedroom Apartments | $1,316 | $588 | $1,675 |
| Onaway 2 Bedroom Apartments | $1,527 | $550 | $3,200 |
| Onaway 3 Bedroom Apartments | $2,175 | $1,080 | $3,600 |
Browse Top Apartments in Onaway
See all Apartments in OnawayExplore Onaway
Onaway, MI Local Guide
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Cheapest Available Onaway Apartments for Rent and Nearby
 The cheapest available apartment rental in Onaway, MI is a 2 Beds unit found at Thunder Bay Estates priced from $575. Presque Isle Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Onaway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Thunder Bay Estates | A23 | 2BR,1BA | $575 |
| Presque Isle Estates | 1520 | 2BR,1BA | $600 |
| Lake Shore Estates | 41 | 2BR,1BA | $675 |
| Stargate Motel | Dbl Queen. | 2BR,1BA | $800 |
| Inland Lakes Motel | Single Queen | 1BR,1BA | $800 |
Best Value Apartments for Rent in Onaway, MI and Nearby
As of January 13, 2026 the best value apartment in the Onaway area is the $1.54 price per square foot Pinecrest Model at Pinecrest in the starting from $1,622. The second greatest value Onaway apartment is the 2 BED/1.5 BATH Model at Holiday Village Townhomes starting at $1,675 with a $1.74 price per square foot . Here is today’s list of the best values for Onaway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinecrest | Pinecrest | 2BR,2BA | $1.54 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.74 |
| Alger Apartments | 2 bed - 2 bath | 2BR,2BA | $1.41 |
| The Block at Petoskey | 2BB | 2BR,2BA | $1.96 |
| Lake Shore Estates | 59 | 2BR,1BA | $1.22 |
| Pines45 Apartments | Alpine | 1BR,1BA | $1.73 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.12 |
| Presque Isle Estates | 1618 | 2BR,1BA | $0.80 |
| Thunder Bay Estates | A24 | 2BR,1BA | $1.00 |
| 407 Mill St, Unit 407 Mill street | 407 Mill St | 2BR,1BA | $1.58 |
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.
Best Local Schools in Onaway, MI
Onaway Elementary School
Onaway Senior High School
Onaway Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Onaway, MI Rentals by Map
See the most popular apartments and homes in Onaway, MI
Frequently Asked Questions about Cheap Onaway Apartments
How much is rent for a Cheap One Bedroom Onaway Apartment?
The lowest price for a Cheap One Bedroom Onaway Apartment is $800 at Inland Lakes Motel.
What is the lowest price for a Cheap Two Bedroom Onaway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Onaway is starting from $575 at Thunder Bay Estates.
What is the most affordable Onaway Three Bedroom Apartment?
The best deal on a cheap Onaway Three Bedroom Apartment rental is at Totem Lodges and starts from $1,300.
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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!