Cheap Apartments for Rent in Petersburg, MI from $500 (39 Rentals)

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

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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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.

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Tetherwood Place
1 Bedroom Apartments

Tetherwood Place

5816 Tetherwood DrToledo, OH 43613
  • Utilities Included
property at 6020 Secor Rd

$675 - $825

1 To 2 Bedroom Rentals

Available Now

6020 Secor Rd

ToledoOH43613
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Hunt Club Apartments
1 to 2 Bedroom Apartments

Hunt Club Apartments

5600 W Alexis RdSylvania, OH 43560
  • Utilities Included

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.

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Legacy at Brookforest
1 to 2 Bedroom Apartments

Legacy at Brookforest

8150 Jackman RdTemperance, MI 48182
  • Utilities Included
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New England Lane
1 to 3 Bedroom Apartments

New England Lane

4815-4855 New England LnSylvania, OH 43560
  • Utilities Included
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Homestead Apartments
1 to 2 Bedroom Apartments

Homestead Apartments

300 Marlboro CtTecumseh, MI 49286
  • Utilities Included

Book Smarts, Smart Moves: Best Neighborhoods Near Toledo Campuses

Explore the top Toledo neighborhoods for student rentals near major universities, campuses, parks, and hospitals—perfect for every stage of college life.

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Showing Results 1-39, Page 1 of 1

Petersburg, MI Local Guide

Cheapest Available Petersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburg, MI is a 1 Bed unit found at Brooke Park Apartments in the North Toledo neighborhood priced from $650. Hunt Club Apartments in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brooke Park ApartmentsOne Bed1BR,1BA$650
Hunt Club Apartments1x1 4901BR,1BA$700
Hidden Village Square ApartmentsNew Kitchen 1 Bedroom1BR,1BA$729
New England LaneWedgewood - 1BR1BR,1BA$760
Alexor1 BR (Efficiency), 1 BA- Premium1BR,1BA$760
Three Pines ApartmentsOne Bedroom1BR,1BA$765
Winter Haven ApartmentsOne Bedroom1BR,1BA$785
Bedford Meadows2 Bedroom 1 Bathroom2BR,1BA$799
Tudor ArmsOne Bedroom1BR,1BA$819
Tecumseh ApartmentsStonehenge1BR,1BA$875

Best Value Apartments for Rent in Petersburg, MI and Nearby

As of April 25, 2026 the best value apartment in the Petersburg area is the $1.04 price per square foot 3 bed / 2 bath Model at Olde Farm Estates in the in the Trilby neighborhood starting from $2,595. The second greatest value Petersburg apartment is the J-M Model at Sherloch Forest Apartments starting at $1,100 with a $1.15 price per square foot . Here is today’s list of the best values for Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Olde Farm Estates3 bed / 2 bath3BR,2BA$1.04
Sherloch Forest ApartmentsJ-M2BR,1BA$1.15
Secor FlatsRenovated 2 bedroom 2 bathroom2BR,2BA$1.21
Hidden Pines Apartments2 Bed 1 Bath2BR,1BA$1.15
Milan Pines1 Bedroom1BR,1BA$1.22
Tudor ArmsOne Bedroom1BR,1BA$1.17
Winter Haven ApartmentsOne Bedroom1BR,1BA$1.12
Three Pines ApartmentsOne Bedroom1BR,1BA$1.12
Alexor1 BR (Efficiency), 1 BA- Premium1BR,1BA$1.17
Hidden Village Square ApartmentsNew Kitchen 1 Bedroom1BR,1BA$1.23

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.

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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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The 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.

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Cash 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Petersburg, MI Rentals by Map

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Frequently Asked Questions about Cheap Petersburg Apartments

How much is rent for a Cheap One Bedroom Petersburg Apartment?

The lowest price for a Cheap One Bedroom Petersburg Apartment is $650 at Brooke Park Apartments.

What is the lowest price for a Cheap Two Bedroom Petersburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Petersburg is starting from $775 at Brooke Park Apartments.

What is the most affordable Petersburg Three Bedroom Apartment?

The best deal on a cheap Petersburg Three Bedroom Apartment rental is at New England Lane and starts from $1,150.

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

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A Local Experts Guide to the Best Affordable Neighborhoods in Toledo, OH

Written by: Catrina Cowart

Hello! I'm Catrina, your ApartmentHomeLiving.com Local Expert for Toledo, Ohio, and I'm ready to tell you all about the great neighborhoods you can be a part of in this multicultural city.

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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.

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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.

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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.