
Cheap Homes for Rent in Rankin, MI from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Rankin.


1023 Barrie Ave

1220 Alvord Ave

1426 Pettibone Ave

5413 Dupont 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.

988 S Ballenger Hwy

1553 Illinois Ave

2421 Concord St

805 Hemphill Rd

5905 Griggs Dr
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.
Rankin, MI Local Guide

How much does it cost to rent a home in Rankin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rankin 2 Bedroom Homes for Rent | $1,180 | $650 | $3,000 |
| Rankin 3 Bedroom Homes for Rent | $1,443 | $1,000 | $2,395 |
| Rankin 4 Bedroom Homes for Rent | $1,866 | $900 | $3,250 |
Browse Top Homes for Rent in Rankin
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Rankin, MI Local Guide
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Cheapest Available Rankin Apartments for Rent and Nearby
 The cheapest available apartment rental in Rankin, MI is a 1 Bed unit found at River Forest Apartments in the West neighborhood priced from $650. Bervean Apartments in the East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Rankin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Forest Apartments | 1 x 1 775sf River Forest | 1BR,1BA | $650 |
| Bervean Apartments | 1-Bed | 1BR,1BA | $695 |
| Oak Park Manor | 1 Bed | 1BR,1BA | $700 |
Best Value Apartments for Rent in Rankin, MI and Nearby
As of May 23, 2026 the best value apartment in the Rankin area is the $1.16 price per square foot 2 Bed / 2 Bath Model at Grand Summit in the in the South Flint Grand Blanc neighborhood starting from $1,899. The second greatest value Rankin apartment is the 2Bed 2Bath Model at Riverwood Luxury Apartments starting at $1,315 with a $1.12 price per square foot in the Northwest Flint Flushing neighborhood. Here is today’s list of the best values for Rankin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Summit | 2 Bed / 2 Bath | 2BR,2BA | $1.16 |
| Riverwood Luxury Apartments | 2Bed 2Bath | 2BR,2BA | $1.12 |
| Genesee Village - Flint, MI | The Bellvue - Washer/Dryer | 2BR,1BA | $1.08 |
| Stonehenge Gates | 2 Bedroom 1 Bath 960 sq ft | 2BR,1BA | $1.04 |
| Westgate Manor | 2BD | 2BR,1BA | $1.11 |
| Boulder Creek Apartments | Deluxe | 2BR,1BA | $1.08 |
| Somerset Apartments | 2 bedroom with balcony | 2BR,1BA | $1.07 |
| River Forest Apartments | 1 x 1 816sf River Forest | 1BR,1BA | $0.86 |
| SYLVESTER MANOR APARTMENTS | BR/1.0BA | 1BR,1BA | $1.02 |
| Bervean Apartments | 1-Bed | 1BR,1BA | $1.14 |
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.
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!
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Frequently Asked Questions about Rankin
What type of rentals are currently available in Rankin?
There are currently 59 Apartments for Rent in Rankin, MI with pricing that ranges from $650 to $3,299. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rankin ranging from $650 to $3,250.
What is the current price range for Rental Homes in Rankin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rankin ranges from $650 to $3,250 with an average monthly rent of $1,496.
How much are larger Three and Four Bedroom Rentals in Rankin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rankin range from $1,184 to $2,599, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,395. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,499.
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.