
Cheap Homes for Rent near Trout Lake, MI from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Trout Lake.


419 Monroe St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

7 Evergreen Dr

663 court st, Unit 2 upstairs apartment
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.
Trout Lake, MI Local Guide

How much does it cost to rent a home in Trout Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Trout Lake 2 Bedroom Homes for Rent | $1,350 | $1,200 | $1,500 |
| Trout Lake 3 Bedroom Homes for Rent | $1,424 | $1,349 | $1,449 |
| Trout Lake 4 Bedroom Homes for Rent | $1,650 | $1,100 | $2,200 |
Browse Top Homes for Rent in Trout Lake
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Trout Lake, MI Local Guide
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Best Value Apartments for Rent in Trout Lake, MI and Nearby
As of July 27, 2026 the best value apartment in the Trout Lake area is the $1.11 price per square foot Two Bedroom Model at Mackinaw Apartments in the starting from $845. The second greatest value Trout Lake apartment is the Unit 3 Model at The Annex starting at $1,260 with a $1.66 price per square foot . Here is today’s list of the best values for Trout Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.11 |
| The Annex | Unit 3 | 1BR,1BA | $1.66 |
| Lighthouse Gardens Apartments | 2Br | 2BR,1BA | $1.83 |
| Presque Isle Estates | 1520 | 2BR,1BA | $1.04 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.05 |
| The Block at Petoskey | 1BA Workforce Housing Unit* | 1BR,1BA | $2.07 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Trout Lake, MI Rentals by Map
See the most popular apartments and homes in Trout Lake, MI
Frequently Asked Questions about Trout Lake
What type of rentals are currently available in Trout Lake?
There are currently 20 Apartments for Rent in Trout Lake, MI with pricing that ranges from $575 to $1,864. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Trout Lake ranging from $1,075 to $2,200.
What is the current price range for Rental Homes in Trout Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Trout Lake ranges from $1,075 to $2,200 with an average monthly rent of $1,374.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.