
Apartments for Rent with Specials in the Downtown South Lyon Neighborhood of South Lyon, MI (3 Rentals)
Apartments in the Downtown South Lyon area of South Lyon with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.

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.

Waters Edge Apartments
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.

Donovan Townhomes
Downtown South Lyon, South Lyon, MI Local Guide

How much does it cost to rent an apartment in Downtown South Lyon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown South Lyon 1 Bedroom Apartments | $1,265 | $1,099 | $1,506 |
| Downtown South Lyon 2 Bedroom Apartments | $1,602 | $1,244 | $1,929 |
| Downtown South Lyon 3 Bedroom Apartments | $2,212 | $1,675 | $2,899 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown South Lyon Neighborhood of South Lyon, MI.
See all Apartments in South LyonExplore South Lyon
Top South Lyon Apartments in the Downtown South Lyon Area with Move-In Specials Ending Soon
Specials updated: 07-22-2026Take advantage of these move-in and rent specials that are ending soon for top Downtown South Lyon, MI apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Waters Edge Apartments
Few Left. Big Savings. Apply by July 31, 2026, sign by 8/21/26 to save $250 off your move in costs on select apartments before the last one-bedrooms are gone. 12 month lease required. Pre-Lease Special - Limited Availability! Now preleasing for September and October move-ins! Inventory is extremely limited, so secure your new home today. Lease for 13 months and receive $500 off of your 1st month's rent. Reserve now!!Expires 07-31-2026
Donovan Townhomes
Apply now and we will waive your App Fee until 8/15+ $500 off move in costs!Expires 08-15-2026
Ivy Townhomes
Promotional monthly rent discount starts at 2,599 for July and August Move In Dates. Call today!Expires 08-31-2026
Newly Listed Move-In Specials offers for Apartments in Downtown South Lyon, MI
Specials updated: 07-22-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Downtown South Lyon, MI. Be sure to take advantage of some of the area’s top offers.
Donovan Townhomes
Apply now and we will waive your App Fee until 8/15+ $500 off move in costs!Expires 08-15-2026
Ivy Townhomes
Promotional monthly rent discount starts at 2,599 for July and August Move In Dates. Call today!Expires 08-31-2026
Waters Edge Apartments
Few Left. Big Savings. Apply by July 31, 2026, sign by 8/21/26 to save $250 off your move in costs on select apartments before the last one-bedrooms are gone. 12 month lease required. Pre-Lease Special - Limited Availability! Now preleasing for September and October move-ins! Inventory is extremely limited, so secure your new home today. Lease for 13 months and receive $500 off of your 1st month's rent. Reserve now!!Expires 07-31-2026
Frequently Asked Questions about Downtown South Lyon
What is the current price range for One Bedroom Downtown South Lyon Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown South Lyon ranges from $1,159 to $1,506 with an average monthly rent of $1,693.
What does renting a Two Bedroom Apartment in Downtown South Lyon cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown South Lyon range from $1,244 to $1,929. Today's average rental price for Two Bedrooms here is $1,602.
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

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.

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.

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.