602 Saunders Rd
KalkaskaMI49646
Cheap Homes for Rent in Onaway, MI from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Onaway.
5149 US-23
OscodaMI48750
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.
301 S State St
OscodaMI48750
10964 N Mackinaw Hwy
Carp LakeMI49718
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.
300 Majestic Ct
HerronMI49744
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Onaway, MI Local Guide
A summer day in Michigan by USFWS Midwest Region is licensed under CCO 1.0
How much does it cost to rent a home in Onaway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Onaway 2 Bedroom Homes for Rent | $2,866 | $850 | $4,500 |
| Onaway 3 Bedroom Homes for Rent | $2,493 | $1,600 | $3,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Onaway
Explore 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 Presque Isle Estates priced from $575. Thunder Bay Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Onaway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Thunder Bay Estates | B8 | 2BR,1BA | $650 |
| Hidden Brook Manor | 1 Bed | 1BR,1BA | $790 |
Best Value Apartments for Rent in Onaway, MI and Nearby
As of May 08, 2026 the best value apartment in the Onaway 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 Onaway 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 Onaway 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 |
| Lake Shore Estates | 39 | 3BR,2BA | $0.75 |
| Pinecrest | Pinecrest | 2BR,2BA | $1.62 |
| Alger Apartments | 2 bed - 2 bath | 2BR,2BA | $1.52 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.07 |
| Thunder Bay Estates | B8 | 2BR,1BA | $0.89 |
| Presque Isle Estates | 1520 | 2BR,1BA | $0.94 |
| Hidden Brook Manor | 1 Bed | 1BR,1BA | $1.32 |
| Pinecrest Manor | 1 Bed | 1BR,1BA | $1.32 |
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 Article
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.
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.
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Best Local Schools in Onaway, MI
Onaway Elementary School
Onaway Area Community School District
Public School - Grades K-5 (239)
3 out of 10
Onaway Senior High School
Onaway Area Community School District
Public School - Grades 9-12 (145)
4 out of 10
Onaway Middle School
Onaway Area Community School District
Public School - Grades 6-8 (111)
5 out of 10
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 Onaway
What type of rentals are currently available in Onaway?
There are currently 36 Apartments for Rent in Onaway, MI with pricing that ranges from $575 to $3,500. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Onaway ranging from $600 to $4,500.
What is the current price range for Rental Homes in Onaway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Onaway ranges from $600 to $4,500 with an average monthly rent of $1,789.
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.