
Cheap Homes for Rent in Palo, MI from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Palo.


121 S Clay St

3519 Loveside Terrace

305 Howe St

3512 Queens Point Terrace

923 N Sycamore St
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.

110 Tara Ct

907 Registry Dr

122 Hathaway St

1012 Greenwood Ave

93 Nettie Ave

813 E Pearl 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.
Palo, MI Local Guide

How much does it cost to rent a home in Palo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palo 2 Bedroom Homes for Rent | $1,335 | $1,029 | $2,500 |
| Palo 3 Bedroom Homes for Rent | $1,761 | $1,050 | $2,495 |
| Palo 4 Bedroom Homes for Rent | $2,203 | $1,800 | $2,607 |
| Palo 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Palo
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Palo, MI Local Guide
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Cheapest Available Palo Apartments for Rent and Nearby
 The cheapest available apartment rental in Palo, MI is a 1 Bed unit found at Wright Ave Apartments priced from $600. Rivers Edge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Palo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wright Ave Apartments | One Bedroom | 1BR,1BA | $600 |
| Rivers Edge Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Mary Court Place Apartments | Townhome | 2BR,1BA | $750 |
| Shepley Apartments | One Bedroom | 1BR,1BA | $780 |
| Countryside Apartments (Countryside Apts LLC) | Countryside Apartments - One Bedroom *WAITLIST ... | 1BR,1BA | $800 |
Best Value Apartments for Rent in Palo, MI and Nearby
As of April 22, 2026 the best value apartment in the Palo area is the $1.26 price per square foot Heather Lane Townhomes - Three Bedroom, One and... Model at Heather Lane Apartments in the starting from $1,275. The second greatest value Palo apartment is the One Bed Model at Wellington Apartments starting at $1,095 with a $1.19 price per square foot . Here is today’s list of the best values for Palo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Heather Lane Apartments | Heather Lane Townhomes - Three Bedroom, One and... | 3BR,1.5BA | $1.26 |
| Wellington Apartments | One Bed | 1BR,1BA | $1.19 |
| Clearview Apartments | Model | 1BR,1BA | $1.08 |
| Grandview Manor Apartments | GrandView Manor Apartments - Two Bedroom **HALF... | 2BR,1BA | $1.12 |
| Sandstone Creek Apartments | 2 Bed Maple | 3BR,1BA | $1.28 |
| Mary Court Place Apartments | Townhome | 2BR,1BA | $0.88 |
| Circle Shore Apartments | Circle Shore | 2BR,1BA | $1.06 |
| Autumn Ridge Apartments | 1 bedroom, one bathroom | 1BR,1BA | $1.30 |
| Sturgis Crossings | 902 | 2BR,1BA | $1.32 |
| Shepley Apartments | One Bedroom | 1BR,1BA | $1.29 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 Palo, MI Rentals by Map
See the most popular apartments and homes in Palo, MI
Frequently Asked Questions about Palo
What type of rentals are currently available in Palo?
There are currently 52 Apartments for Rent in Palo, MI with pricing that ranges from $600 to $2,995. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palo ranging from $995 to $3,000.
What is the current price range for Rental Homes in Palo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palo ranges from $995 to $3,000 with an average monthly rent of $1,859.
How much are larger Three and Four Bedroom Rentals in Palo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Palo range from $1,100 to $2,960, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,900.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.