Cheap Apartments for Rent near Union Lake, MI from $825 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Union Lake.

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

2475 S Commerce RdWolverine Lake, MI 48390
Senior Living
  • Utilities Included

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.

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Lakeland Place
1 to 2 Bedroom Apartments

Lakeland Place

2700 Elizabeth Lake RdWaterford, MI 48328
Senior Living
  • Utilities Included
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Wolverine Lake Lofts
1 to 2 Bedroom Apartments

Wolverine Lake Lofts

3065 S Commerce RdWolverine Lake, MI 48390

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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Showing Results 1-44, Page 1 of 1

Union Lake, MI Local Guide

Cheapest Available Union Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Union Lake, MI is a 1 Bed unit found at Colony Hill Apartments in the Waterford neighborhood priced from $850. Adams Lake Apartments in the Waterford 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 Union Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colony Hill ApartmentsOne Bedroom1BR, 1BA$850
Adams Lake Apartments2 Bedroom Apartment2BR, 1BA$925
Heritage Park EastSterling1BR, 1BA$935
Ashton PinesFrasier2BR, 1BA$999
1630 N Pontiac Trl1 BD / 1 BA1BR, 1BA$1,000
Round Hill ApartmentsThe Arlington1BR, 1BA$1,019
Cass Lake Shore Club1 Bedroom 1 Bathroom1BR, 1BA$1,025
Laketree1 Bed 1 Bath1BR, 1BA$1,035
Bloomfield On The Green - West Bloomfield, MI1 Bed | 1 Bath Red1BR, 1BA$1,055
Cherokee Hills ApartmentsCedar1BR, 1BA$1,075

Best Value Apartments for Rent in Union Lake, MI and Nearby

As of September 22, 2026 the best value apartment in the Union Lake area is the $1.27 price per square foot The Pine Model at 83 West in the Farmington Road neighborhood starting from $2,129. The second greatest value Union Lake apartment is the 2B15B5 Model at Elizabeth Lake Estates in the Waterford neighborhood starting at $1,475 with a $1.32 price per square foot. Here is today’s list of the best values for Union Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
83 WestThe Pine3BR, 2.5BA$1.27
Elizabeth Lake Estates2B15B52BR, 1.5BA$1.32
Colony Hill ApartmentsTwo Bedroom2BR, 1BA$0.95
Crescent ManorDeluxe 2 Bedroom2BR, 1BA$1.25
Ashton PinesSpruce2BR, 1BA$1.21
Greyberry Park Apartments2 Bedroom 2 Bath2BR, 2BA$1.33
Adams Lake Apartments2 Bedroom Apartment2BR, 1BA$1.01
Heritage Park EastAddison1BR, 1BA$1.12
Cass Lake Shore Club1 Bedroom 1 Bathroom1BR, 1BA$1.27
Laketree1 Bed 1 Bath1BR, 1BA$1.33

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Union Lake, MI Rentals by Map

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See the most popular apartments and homes in Union Lake, MI

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Frequently Asked Questions about Cheap Union Lake Apartments

What is the Cheapest Studio apartment in Union Lake?

Currently the most affordable Cheap Studio Apartment in Union Lake is at Springs at Five and Main listed at $1,498.

How much is rent for a Cheap One Bedroom Union Lake Apartment?

The lowest price for a Cheap One Bedroom Union Lake Apartment is $850 at Colony Hill Apartments.

What is the lowest price for a Cheap Two Bedroom Union Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Union Lake is starting from $925 at Adams Lake Apartments.

What is the most affordable Union Lake Three Bedroom Apartment?

The best deal on a cheap Union Lake Three Bedroom Apartment rental is at 83 West and starts from $1,733.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.