
Cheap Homes for Rent near Presque Isle, MI from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Presque Isle.


Total Monthly Price
7534 U.S. 23-SI ID1539829P, Unit SI ID1539829P

625 E Harbor St, Unit E
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.

Total Monthly Price
7536 U.S. 23-SI FL2-ID1539801P, Unit SI FL2-ID1539801P

8542 Park Ave

1596 Lake St
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.
Presque Isle, MI Local Guide

How much does it cost to rent a home in Presque Isle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Presque Isle 2 Bedroom Homes for Rent | $1,721 | $1,395 | $2,000 |
| Presque Isle 3 Bedroom Homes for Rent | $1,489 | $1,349 | $1,600 |
| Presque Isle 4 Bedroom Homes for Rent | $2,075 | $1,850 | $2,300 |
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Presque Isle, MI Local Guide
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Cheapest Available Presque Isle Apartments for Rent and Nearby
 The cheapest available apartment rental in Presque Isle, 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 Presque Isle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Thunder Bay Estates | C22 | 2BR,1BA | $675 |
| Lake Shore Estates | 35 | 2BR,1BA | $675 |
Best Value Apartments for Rent in Presque Isle, MI and Nearby
As of August 08, 2026 the best value apartment in the Presque Isle area is the $3.08 price per square foot 104 Division St Model at 104 Division St in the starting from $3,000. The second greatest value Presque Isle apartment is the 2BB Workforce Housing Unit* Model at The Block at Petoskey starting at $1,749 with a $1.91 price per square foot . Here is today’s list of the best values for Presque Isle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 104 Division St | 104 Division St | 2BR,1.5BA | $3.08 |
| The Block at Petoskey | 2BB Workforce Housing Unit* | 2BR,2BA | $1.91 |
| Lake Shore Estates | 35 | 2BR,1BA | $0.87 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.11 |
| Presque Isle Estates | 1520 | 2BR,1BA | $1.04 |
| Thunder Bay Estates | C22 | 2BR,1BA | $1.01 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.05 |
| Sawmill Lofts | 1 Bedroom - 1 Bath | 1BR,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.
Read ArticleReal 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:Location, Location, Location!
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Frequently Asked Questions about Presque Isle
What type of rentals are currently available in Presque Isle?
There are currently 32 Apartments for Rent in Presque Isle, MI with pricing that ranges from $575 to $4,918. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Presque Isle ranging from $650 to $2,300.
What is the current price range for Rental Homes in Presque Isle?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Presque Isle ranges from $650 to $2,300 with an average monthly rent of $1,702.
How much are larger Three and Four Bedroom Rentals in Presque Isle?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Presque Isle range from $750 to $1,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,349 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,023.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.