Cheap Homes for Rent in Saginaw, MI from $500 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Saginaw.

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.

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.

Saginaw, MI Local Guide

Cheapest Available Saginaw Apartments for Rent

 

The cheapest available apartment rental in Saginaw, MI is a 4 Beds unit found at Campus Village Saginaw priced from $475. Bavarian Village has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Saginaw apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campus Village Saginaw4BR/2BA Original Townhome4BR,2BA$475
Bavarian VillageStudioStudio,1BA$525
Covington Cove ApartmentsTwo Bedroom2BR,1BA$725
Moore Rd 172 Bd2BR,1BA$780
Country Squire Apartments2bed/1bath2BR,1BA$850

Best Value Apartments for Rent in Saginaw, MI

As of June 15, 2026 the best value apartment in the Saginaw area is the $0.91 price per square foot Meadowview Estates - Four Bedroom Model at Meadowview Estates Family Homes in the starting from $1,275. The second greatest value Saginaw apartment is the 3093 N Michigan Ave Model at 3093 N Michigan Ave, Unit Condo#3 starting at $990 with a $0.90 price per square foot . Here is today’s list of the best values for Saginaw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meadowview Estates Family HomesMeadowview Estates - Four Bedroom4BR,2.5BA$0.91
3093 N Michigan Ave, Unit Condo#33093 N Michigan Ave2BR,1BA$0.90
Country Ridge Townhomes2 Bedroom2BR,1.5BA$1.05
Township SquareThe Mulberry2BR,1.5BA$1.12
Clairemont Village Apartments and Townhomes2 Bedroom / 1 Bath Apartment2BR,1BA$0.89
Sterling Crest ApartmentsTwo Bedroom Two Bath2BR,2BA$1.24
Wicklow ApartmentsSTANDARD-GARDEN LEVEL2BR,1BA$1.09
Covington Cove ApartmentsTwo Bedroom2BR,1BA$1.00
Moore Rd 172 Bd2BR,1BA$1.24
Campus Village Saginaw2BR/1BA Townhome2BR,2BA$1.11

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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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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Saginaw, MI
Population: 48,323

Ranked #781

in US Census Population by City

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

Explore Saginaw, MI Rentals by Map

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Frequently Asked Questions about Saginaw

What type of rentals are currently available in Saginaw?

There are currently 144 Apartments for Rent in Saginaw, MI with pricing that ranges from $525 to $2,104. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Saginaw ranging from $595 to $1,850.

What is the current price range for Rental Homes in Saginaw?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Saginaw ranges from $595 to $1,850 with an average monthly rent of $1,077.

How much are larger Three and Four Bedroom Rentals in Saginaw?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Saginaw range from $800 to $1,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,850. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $1,275.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.