Apartments for Rent with Specials in the Downtown South Lyon Neighborhood of South Lyon, MI (5 Rentals)

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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.

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Waters Edge Apartments
Rent Specials
$1,039 - $1,579Special Offer
1 Month Free 2 Bedrooms: Sign a 14-month lease by 2/20/26, $100 OFF monthly + 1 Month FREE 1 Bedroom: Sign a 13-month lease by 2/20/26, 1 Mo
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Waters Edge Apartments

549 Lakewood DrSouth Lyon, MI 48178
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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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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Top South Lyon Apartments in the Downtown South Lyon Area with Move-In Specials Ending Soon

Specials updated: 02-05-2026

Take 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!

Donovan Townhomes

Waived Application fee if you apply before 2/15 Act Fast and get - ***$500 off move in***Expires 02-15-2026

Waters Edge Apartments

2 Bedrooms: Sign a 14-month lease by 2/20/26, $100 OFF monthly + 1 Month FREE 1 Bedroom: Sign a 13-month lease by 2/20/26, 1 Month FREE Apply same day as your tour and get the $50 app fee credited at move-in!Expires 02-20-2026

Ivy Townhomes

Winter Promotion rental rates start at $2,499.00. Move in by 3/1/2026.Expires 03-01-2026

Newly Listed Move-In Specials offers for Apartments in Downtown South Lyon, MI

Specials updated: 02-05-2026

Here 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.

Ivy Townhomes

Winter Promotion rental rates start at $2,499.00. Move in by 3/1/2026.Expires 03-01-2026

Donovan Townhomes

Waived Application fee if you apply before 2/15 Act Fast and get - ***$500 off move in***Expires 02-15-2026

Waters Edge Apartments

2 Bedrooms: Sign a 14-month lease by 2/20/26, $100 OFF monthly + 1 Month FREE 1 Bedroom: Sign a 13-month lease by 2/20/26, 1 Month FREE Apply same day as your tour and get the $50 app fee credited at move-in!Expires 02-20-2026

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 $1,039 to $1,429 with an average monthly rent of $1,756.

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 $1,239 to $1,715. Today's average rental price for Two Bedrooms here is $1,456.

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.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.