Cheap Apartments for Rent in South Lyon, MI from $600 (56 Rentals)

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

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Brookdale Apartments
$1,190 - $1,349
Total Monthly Price

Total Monthly Price

Base Rent
$1,190 - $1,349
Total Monthly Price
$1,190 - $1,349
1 to 2 Bedroom Apartments Available Now

Brookdale Apartments

22250 Swan DrSouth Lyon, MI 48178
Furnished
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  • Utilities Included
property at 61035 11 Mile Rd

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475

2 Bedroom, 1 Bath Condo for Rent

Available Now

61035 11 Mile Rd, Unit 2-5

61035 11 Mile Rd
South LyonMI48178
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329 McMunn St, Unit B
$1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475
3 Bedroom Apartment Available Now

329 McMunn St, Unit B

329 McMunn StSouth Lyon, MI 48178
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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.

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Woodland Ridge
3 to 4 Bedroom Apartments

Woodland Ridge

11049 Quail Hollow CtSouth Lyon, MI 48178
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Oxford Manor Apartments
Studio to 2 Bedroom Apartments

Oxford Manor Apartments

1245 Oxford Manor CtSouth Lyon, MI 48178
  • Utilities Included

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.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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660-672 Flint Rd
Studio to 2 Bedroom Apartments

660-672 Flint Rd

660-672 Flint RdBrighton, MI 48116

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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Showing Results 1-50, Page 1 of 2

South Lyon, MI Local Guide

Cheapest Neighborhoods for Apartments in South Lyon, MI

Pricing Updated: 08/07/2026

Current apartment rentals in the South Lyon, MI area range in price from $1,099 to $2,899 with an overall median price of $1,502. Here is today’s list neighborhoods with the lowest median pricing for South Lyon Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown South Lyon$1,502$1,09914
Pinehurst$1,502$1,09914

Cheapest Available South Lyon Apartments for Rent and Nearby

 

The cheapest available apartment rental in South Lyon, MI is a Studio unit found at 660-672 Flint Rd in the Downtown Brighton neighborhood priced from $940. Brookside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable South Lyon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
660-672 Flint RdStudio | One BathStudio,1BA$940
BrooksideWaitlist1BR,1BA$950
Waterview Farms Apartments1x1 693sf1BR,1BA$985
Rickett Road ApartmentsOne Bedroom1BR,1BA$1,000
Stone Ridge ApartmentsVerbena1BR,1BA$1,050
Town & Country Apartments - Wixom, MIAres1BR,1BA$1,099
Bristol Square and Golden Gate ApartmentsMagnolia at Golden Gate1BR,1BA$1,142
Waters Edge Apartments1BD 1BATH Upgraded1BR,1BA$1,159
Brookdale Apartments1 Bed / 1 Bath1BR,1BA$1,190
Ore Creek Apartments2 Bedroom2BR,1BA$1,345

Best Value Apartments for Rent in South Lyon, MI and Nearby

As of August 08, 2026 the best value apartment in the South Lyon area is the $1.36 price per square foot 2 Bedroom Model at Brookwood Farms Apartments in the in the Pinehurst neighborhood starting from $1,649. The second greatest value South Lyon apartment is the Whitmore Model at Whitmore Lake Apartments starting at $1,500 with a $1.28 price per square foot . Here is today’s list of the best values for South Lyon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brookwood Farms Apartments2 Bedroom2BR,2BA$1.36
Whitmore Lake ApartmentsWhitmore3BR,2BA$1.28
Donovan TownhomesSpacious Renovated 3 bed / 1 Bath South Lyon To...3BR,1BA$1.55
Rickett Road ApartmentsTwo Bedroom2BR,1BA$1.18
Portsmouth ApartmentsPetunia2BR,1BA$1.67
Ore Creek Apartments2 Bedroom2BR,1BA$1.52
Kensington Park Apartments2 Bedroom 1 Bath2BR,1BA$1.57
Waters Edge Apartments1BD 1BATH Upgraded1BR,1BA$1.45
Waterview Farms Apartments1x1 693sf1BR,1BA$1.42
Town & Country Apartments - Wixom, MIAres1BR,1BA$1.58

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

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Frequently Asked Questions about Cheap South Lyon Apartments

How much is rent for a Cheap One Bedroom South Lyon Apartment?

The lowest price for a Cheap One Bedroom South Lyon Apartment is $950 at Brookside.

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

Today's best deal for a Cheap Two Bedroom Apartment in South Lyon is starting from $1,165 at Waterview Farms Apartments.

What is the most affordable South Lyon Three Bedroom Apartment?

The best deal on a cheap South Lyon Three Bedroom Apartment rental is at Whitmore Lake Apartments and starts from $1,500.

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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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.