517 1st Ave S
EscanabaMI49829
Cheap Homes for Rent in Stephenson, MI from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Stephenson.
131 Elm St, Unit 1
131 Elm St
GwinnMI49841
405 Forest Ave
Crystal FallsMI49920
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.
236 W Main St
ColemanWI54112
73 Robert St
ClintonvilleWI54929
1058 Egg Harbor Rd
Sturgeon BayWI54235
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.
1137 Alabama Pl
Sturgeon BayWI54235
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Stephenson, MI Local Guide
Detroit style pizza by J Wynia is licensed under CC BY 2.0
How much does it cost to rent a home in Stephenson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Stephenson 2 Bedroom Homes for Rent | $1,155 | $995 | $1,400 |
| Stephenson 3 Bedroom Homes for Rent | $1,758 | $1,350 | $2,995 |
| Stephenson 4 Bedroom Homes for Rent | $1,925 | $1,800 | $2,000 |
| Stephenson 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Stephenson
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Stephenson, MI Local Guide
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Cheapest Available Stephenson Apartments for Rent and Nearby
The cheapest available apartment rental in Stephenson, MI is a 1 Bed unit found at Sheridan Estates priced from $795. Crivitz Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Stephenson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sheridan Estates | 1 bedroom | 1BR,1BA | $795 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $795 |
| Lloyd House I | 2 Bedroom | 2BR,1BA | $850 |
Best Value Apartments for Rent in Stephenson, MI and Nearby
As of June 11, 2026 the best value apartment in the Stephenson area is the $1.19 price per square foot 4 Bed/ 2.5 Bath Model at Bay Pointe Apartments in the starting from $2,300. The second greatest value Stephenson apartment is the 2 Bedroom 2 Bath Model at Marina View Apartments starting at $1,500 with a $1.04 price per square foot . Here is today’s list of the best values for Stephenson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bay Pointe Apartments | 4 Bed/ 2.5 Bath | 4BR,2.5BA | $1.19 |
| Marina View Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.04 |
| Harbour Springs Apartments | Upper | 2BR,2BA | $0.83 |
| WARRINGTON ESTATES | 2 Bedrooms, 2 Bath, 1 Garage, Fireplace | 2BR,2BA | $1.08 |
| Pulaski | 2 Bed 2 Bath Detached Garage | 2BR,2BA | $1.09 |
| Lloyd House I | 2 Bedroom | 2BR,1BA | $0.90 |
| East Shore Apartments | 2 Bed 1 Bath Lower | 2BR,1BA | $1.11 |
| Sheridan Estates | 1 bedroom | 1BR,1BA | $0.96 |
| Natures Way Estates | 1 bedroom | 1BR,1BA | $1.08 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $0.96 |
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.
Read Article
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.
Read ArticleQuick Rent Budget Calculator
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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See the most popular apartments and homes in Stephenson, MI
Frequently Asked Questions about Stephenson
What type of rentals are currently available in Stephenson?
There are currently 52 Apartments for Rent in Stephenson, MI with pricing that ranges from $795 to $2,350. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Stephenson ranging from $800 to $3,800.
What is the current price range for Rental Homes in Stephenson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Stephenson ranges from $800 to $3,800 with an average monthly rent of $1,887.
How much are larger Three and Four Bedroom Rentals in Stephenson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Stephenson range from $2,000 to $2,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,300.
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.