Cheap Apartments for Rent in Richmond, MI from $600 (32 Rentals)

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

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67748 S Main St
1 to 2 Bedroom Apartments

67748 S Main St

67748 S Main StRichmond, MI 48062
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Richmond Place
3 Bedroom Apartments

Richmond Place

36401 Division RdRichmond, MI 48062
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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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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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39499 Muffatt St
1 Bedroom Apartments

39499 Muffatt St

39499 Muffatt StHarrison Township, MI 48045
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51364 Ashbury Ct
1 to 2 Bedroom Apartments

51364 Ashbury Ct

51364 Ashbury CtChesterfield, MI 48047

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-32, Page 1 of 1

Richmond, MI Local Guide

Cheapest Available Richmond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Richmond, MI is a Studio unit found at Aspen Grove ~ Discover the Simplicity of Cottage Living on the River priced from $820. Anchor Bay Apartments in the New Baltimore Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Grove ~ Discover the Simplicity of Cottage Living on the RiverStudioStudio,1BA$820
Anchor Bay Apartments1 Bedroom1BR,1BA$850
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1BA$895
Holiday Garden Apartments1 Bed 1 Bath1BR,1BA$900
Legacy on Riverside1 Bed, 1 bath1BR,1BA$905
Aspen Creek ApartmentsOne Bedroom1BR,1BA$955
Chesterfield ManorTwo Bedroom (Type B)2BR,1BA$975
Eagles Landing of WashingtonThe Harding Includes Heat1BR,1BA$975
Camberwell ~ Boutique Cottage Style Living Meets Hassle Free Leasing1x11BR,1BA$975
Waters Edge Estates1/11BR,1BA$985

Best Value Apartments for Rent in Richmond, MI and Nearby

As of April 29, 2026 the best value apartment in the Richmond area is the $1.23 price per square foot 2bed2bath Model at 51364 Ashbury Ct in the in the New Baltimore Historic District neighborhood starting from $1,900. The second greatest value Richmond apartment is the Two Bedroom One Bathroom Model at Dutton Estates starting at $1,124 with a $1.17 price per square foot . Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
51364 Ashbury Ct2bed2bath2BR,2BA$1.23
Dutton EstatesTwo Bedroom One Bathroom2BR,1BA$1.17
Stony on Van DykeStony on Van Dyke Apartments - Two Bedroom, One...2BR,1BA$1.26
Anchor Bay Apartments1 Bedroom1BR,1BA$0.89
Oakview Square2br 1bt 1000 sf2BR,1BA$1.11
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1.5BA$0.99
Chesterfield ManorTwo Bedroom (Type B)2BR,1BA$1.08
Aspen Creek ApartmentsTwo Bedroom2BR,1.5BA$1.18
Holiday Garden Apartments1 Bed 1 Bath1BR,1BA$1.13
Legacy on Riverside1 Bed, 1 bath1BR,1BA$1.21

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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Frequently Asked Questions about Cheap Richmond Apartments

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

The lowest price for a Cheap One Bedroom Richmond Apartment is $850 at Anchor Bay Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $895 at Sugarbush Run Apartments.

What is the most affordable Richmond Three Bedroom Apartment?

The best deal on a cheap Richmond Three Bedroom Apartment rental is at Aspen Creek Apartments and starts from $1,350.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.