Cheap Apartments for Rent in Petersburg, MI from $500 (44 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

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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Hunt Club Apartments
1 to 2 Bedroom Apartments

Hunt Club Apartments

5600 W Alexis RdSylvania, OH 43560
  • Utilities Included
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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

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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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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McCalla Greene
1 to 2 Bedroom Apartments

McCalla Greene

409 Canfield StMilan, MI 48160
  • Utilities Included
Showing Results 1-44, 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. Bedford Meadows in the Trilby neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $689. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brooke Park ApartmentsOne Bed1BR,1BA$650
Bedford Meadows1 Bedroom 1 Bathroom1BR,1BA$689
Tamaron Apartments1 bdrm - lower level1BR,1BA$725
Three Pines ApartmentsOne Bedroom1BR,1BA$765
Sunnydale Estates Apartments1 BEDROOM 1 BATH SUNNYDALE1BR,1BA$774
Winter Haven ApartmentsOne Bedroom1BR,1BA$785
Hidden Pines Apartments1 Bed 1 Bath1BR,1BA$795
Five Points Courtyard Apartments1 Bedroom1BR,1BA$815
Tudor ArmsOne Bedroom1BR,1BA$819
Piccadilly West1 BR, 1 BA- Upgrade1BR,1BA$856

Best Value Apartments for Rent in Petersburg, MI and Nearby

As of June 09, 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
Hidden Pines Apartments2 Bed 1 Bath2BR,1BA$1.15
Milan Pines1 Bedroom1BR,1BA$1.22
Five Points Courtyard Apartments1 Bedroom1BR,1BA$1.16
Winter Haven ApartmentsOne Bedroom1BR,1BA$1.12
Sunnydale Estates Apartments1 BEDROOM 1 BATH SUNNYDALE1BR,1BA$1.11
Tudor ArmsOne Bedroom1BR,1BA$1.17
Three Pines ApartmentsOne Bedroom1BR,1BA$1.12
Tamaron Apartments1 bdrm - lower level1BR,1BA$1.10

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

Explore Petersburg, MI Rentals by Map

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See the most popular apartments and homes in Petersburg, MI

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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 Plum Grove and starts from $1,650.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.