Cheap Apartments for Rent near Onaway, MI from $575 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Onaway.

property at 7536 US-23

$1,056

Total Monthly Price

Total Monthly Price

Base Rent
$1,056
Total Monthly Price
$1,056

1 Bedroom, 1 Bath Home for Rent

Available Oct 31

7536 US-23

OscodaMI48750
property at 7534 US-23

$1,056

Total Monthly Price

Total Monthly Price

Base Rent
$1,056
Total Monthly Price
$1,056

2 Bedroom, 1 Bath Home for Rent

Available Oct 19

7534 US-23

OscodaMI48750

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.

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property at 4210 Mitchell Creek Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Sep 5

4210 Mitchell Creek Dr, Unit 6

4210 Mitchell Creek Dr
Traverse CityMI49686

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.

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property at 10944 N Mackinaw Hwy

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Sep 19

10944 N Mackinaw Hwy

Carp LakeMI49718
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Victories Square
Studio to 2 Bedroom Apartments

Victories Square

1899 Migizi WayPetoskey, MI 49770
  • Utilities Included
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Hidden Brook Manor
1 to 2 Bedroom Apartments

Hidden Brook Manor

500 Long Rapids PlzAlpena, MI 49707
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Pinecrest Manor
1 to 2 Bedroom Apartments

Pinecrest Manor

200 Long Rapids PlzAlpena, MI 49707
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Stargate Motel
2 to 3 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Huron Apartments
1 to 2 Bedroom Apartments

Huron Apartments

210 W EtheringtonMackinaw City, MI 49701
Corporate Housing
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Mackinaw Apartments
1 to 2 Bedroom Apartments

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
Corporate Housing
  • Utilities Included
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Lighthouse Village
2 to 3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
  • Utilities Included
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Inland Lakes Motel
1 to 2 Bedroom Apartments

Inland Lakes Motel

1225 S Grandview Beach RdIndian River, MI 49749
Corporate Housing
  • Utilities Included
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Cheboygan Shores
1 Bedroom Apartments

Cheboygan Shores

328 Duncan AveCheboygan, MI 49721
Senior Living
  • Utilities Included
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Totem Lodges
1 to 3 Bedroom Apartments

Totem Lodges

4846 S Straits HwyIndian River, MI 49749
  • Utilities Included

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.

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Showing Results 1-37, Page 1 of 1

Onaway, MI Local Guide

Cheapest Available Onaway Apartments for Rent and Nearby

 

The cheapest available apartment rental in Onaway, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Thunder Bay Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Onaway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Presque Isle Estates14122BR,1BA$575
Thunder Bay EstatesD192BR,1BA$675
Lake Shore Estates352BR,1BA$675
Lighthouse Gardens Apartments1Br1BR,1BA$1,146
Sawmill Lofts1 Bedroom - 1 Bath1BR,1BA$1,150
Aspen VillageNew Double-Wide3BR,1BA$1,200
The Block at PetoskeyStudio Workforce Housing Unit*Studio,1BA$1,217
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$1,350
The Flats of Acme VillagePrimrose2BR,2BA$2,100

Best Value Apartments for Rent in Onaway, MI and Nearby

As of August 28, 2026 the best value apartment in the Onaway area is the $0.75 price per square foot 805 Expressway Ct Model at 805 Expressway Ct, Unit Unit A in the starting from $3,000. The second greatest value Onaway apartment is the Dune Model at Liv East Bay starting at $2,950 with a $1.64 price per square foot . Here is today’s list of the best values for Onaway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
805 Expressway Ct, Unit Unit A805 Expressway Ct1BR,1BA$0.75
Liv East BayDune3BR,2.5BA$1.64
Lake Shore Estates352BR,1BA$0.87
1419 S Otsego Ave, Unit Apt 11419 S Otsego AveStudio ,1BA$1.33
Presque Isle Estates15202BR,1BA$1.04
Thunder Bay EstatesC222BR,1BA$1.01
Little Traverse Village1 Bedroom 1 Bathroom1BR,1BA$2.05
Lighthouse Gardens Apartments1Br1BR,1BA$1.76
The Block at PetoskeyStudio Workforce Housing Unit*Studio ,1BA$2.39
Sawmill Lofts1 Bedroom - 1 Bath1BR,1BA$2.42

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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Remember the 3 Rules of Real Estate:
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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 $1,146 at Lighthouse Gardens Apartments.

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 Presque Isle Estates.

What is the most affordable Onaway Three Bedroom Apartment?

The best deal on a cheap Onaway Three Bedroom Apartment rental is at Presque Isle Estates and starts from $750.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.