
Cheap Homes for Rent in Stephenson, MI from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Stephenson.


226 13th St N

502 Lulu Ave
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.

1408 Logan Ave

132 McKinley Ave

212 State St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1150 Cardinal Ln
Stephenson, MI Local Guide

How much does it cost to rent a home in Stephenson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Stephenson 2 Bedroom Homes for Rent | $1,056 | $1,000 | $1,125 |
| Stephenson 3 Bedroom Homes for Rent | $1,720 | $895 | $2,995 |
| Stephenson 4 Bedroom Homes for Rent | $1,711 | $1,300 | $2,500 |
| Stephenson 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Stephenson 7 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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 2 Beds unit found at Lloyd House I priced from $675. The Waters Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Stephenson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lloyd House I | 2 Bedroom | 2BR,1BA | $675 |
| The Waters Edge | 1BR/1.0BA | 1BR,1BA | $699 |
| Oak Estates | 1 bedroom | 1BR,1BA | $805 |
Best Value Apartments for Rent in Stephenson, MI and Nearby
As of December 12, 2025 the best value apartment in the Stephenson area is the $0.99 price per square foot 2 BD 2 BA Model at Urban Loft in the starting from $1,385. The second greatest value Stephenson apartment is the 2 Bedroom 2 Bath Model at Marina View Apartments starting at $1,450 with a $1.05 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. |
|---|---|---|---|
| Urban Loft | 2 BD 2 BA | 2BR,2BA | $0.99 |
| Marina View Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.05 |
| Harbour Springs Apartments | Upper | 2BR,2BA | $0.83 |
| Tall Pines Estates LLC | 2BR 2 BATH REAR | 2BR,2BA | $1.16 |
| Stone Meadows | Sentinel | 2BR,1BA | $1.19 |
| Lloyd House I | 2 Bedroom | 2BR,1BA | $0.77 |
| Colonial Court Apartments | 430C1B1B | 1BR,1BA | $0.98 |
| Natures Way Estates | 1 bedroom | 1BR,1BA | $1.08 |
| Oak Estates | 1 bedroom | 1BR,1BA | $0.97 |
| The Waters Edge | 1BR/1.0BA | 1BR,1BA | $1.17 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Stephenson
What type of rentals are currently available in Stephenson?
There are currently 50 Apartments for Rent in Stephenson, MI with pricing that ranges from $675 to $2,500. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Stephenson ranging from $895 to $3,500.
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 $895 to $3,500 with an average monthly rent of $1,927.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.