1814 Forbes
MilfordMI48381
Cheap Homes for Rent in South Lyon, MI from $1,100 (12 Rentals)
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$1,2001 Bedroom Apartments Available Now
151 E McHattie St, Unit 2
151 E McHattie StSouth Lyon, MI 48178
6194 Richards Dr
BrightonMI48116
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$1,2752 Bedroom Apartments Available Now
151 E McHattie St, Unit 6
151 E McHattie StSouth Lyon, MI 48178
1824 Aldrin Ct
MilfordMI48381
1801 Davis
MilfordMI48381
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.
204 Princeton Dr
South LyonMI48178
1861 Abels St
MilfordMI48381
381 E Shore Dr
Whitmore LakeMI48189
11222 Shady Brook Ct
South LyonMI48178
8208 Chesapeake Cir
Commerce TownshipMI48390
25520 Portico Ln
NoviMI48375
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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South Lyon, MI Local Guide
How much does it cost to rent a home in South Lyon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lyon 2 Bedroom Homes for Rent | $1,809 | $1,199 | $2,400 |
| South Lyon 3 Bedroom Homes for Rent | $2,449 | $1,300 | $4,000 |
| South Lyon 4 Bedroom Homes for Rent | $4,534 | $1,549 | $10,000+ |
| South Lyon 5 Bedroom Homes for Rent | $5,200 | $5,200 | $5,200 |
Browse Top Homes for Rent in South Lyon
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South Lyon, MI Local Guide
- South Lyon Neighborhoods
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Cheapest Neighborhoods for Apartments in South Lyon, MI
Pricing Updated: 06/14/2026Current apartment rentals in the South Lyon, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for South Lyon Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown South Lyon | $1,700 | $1,069 | 21 |
| Pinehurst | $1,700 | $1,069 | 21 |
Cheapest Available South Lyon Apartments for Rent and Nearby
The cheapest available apartment rental in South Lyon, MI is a 1 Bed unit found at The Village Apartments in the Liberty Park neighborhood priced from $868. Starlight Mobile Home Park in the Downtown Brighton neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable South Lyon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Village Apartments | Primrose | 1BR,1BA | $868 |
| Starlight Mobile Home Park | POH - Park Owned Home | 2BR,1BA | $925 |
| 660-672 Flint Rd | Flint Road Apartments - Studio | Studio,1BA | $940 |
| Stone Ridge Apartments | Orchid | 1BR,1BA | $945 |
| Waterview Farms Apartments | 1x1 693sf | 1BR,1BA | $985 |
Best Value Apartments for Rent in South Lyon, MI and Nearby
As of June 14, 2026 the best value apartment in the South Lyon area is the $1.35 price per square foot 2 Bedroom Model at Brookwood Farms Apartments in the in the Pinehurst neighborhood starting from $1,637. The second greatest value South Lyon apartment is the Rickett Road Apartments - Two Bedroom **HALF OF... Model at Rickett Road Apartments starting at $1,175 with a $1.18 price per square foot in the Downtown Brighton neighborhood. Here is today’s list of the best values for South Lyon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brookwood Farms Apartments | 2 Bedroom | 2BR,2BA | $1.35 |
| Rickett Road Apartments | Rickett Road Apartments - Two Bedroom **HALF OF... | 2BR,1BA | $1.18 |
| Whitmore Lake Apartments | Kirkmore Lower | 2BR,2BA | $1.25 |
| 1256 Oxford Manor Ct, Unit 1 | 1256 Oxford Manor Ct | 2BR,1.5BA | $1.39 |
| Ore Creek Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| Waters Edge Apartments | 1BD 1BATH Upgraded | 1BR,1BA | $1.45 |
| Kensington Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.46 |
| Starlight Mobile Home Park | POH - Park Owned Home | 2BR,1BA | $1.16 |
| 1257 Oxford Manor Ct, Unit 1 | 1257 Oxford Manor Ct | 1BR,1BA | $1.44 |
| Waterview Farms Apartments | 1x1 693sf | 1BR,1BA | $1.42 |
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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How much rent can you afford?
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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Best Local Schools in South Lyon, MI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore South Lyon, MI Rentals by Map
See the most popular apartments and homes in South Lyon, MI
Frequently Asked Questions about South Lyon
What type of rentals are currently available in South Lyon?
There are currently 66 Apartments for Rent in South Lyon, MI with pricing that ranges from $868 to $4,043. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lyon ranging from $1,199 to $13,300.
What is the current price range for Rental Homes in South Lyon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Lyon ranges from $1,199 to $13,300 with an average monthly rent of $3,498.
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
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.
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.
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.