Cheap Apartments for Rent in Vanderbilt, MI from $400 (14 Rentals)

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

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.

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Huron Apartments
1 to 2 Bedroom Apartments

Huron Apartments

210 W EtheringtonMackinaw City, MI 49701
Military
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Mackinaw Apartments
1 to 2 Bedroom Apartments

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
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Stargate Motel
2 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
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Lighthouse Village
2 to 3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
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Cheboygan Shores
1 Bedroom Apartments

Cheboygan Shores

328 Duncan AveCheboygan, MI 49721
Senior Living
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Vanderbilt, MI Local Guide

Cheapest Available Vanderbilt Apartments for Rent and Nearby

 

The cheapest available apartment rental in Vanderbilt, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $454. Annika Place in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $476. Here is today’s list of the most affordable Vanderbilt apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ruth ParkTwo Bedroom2BR,1BA$454
Annika PlaceTwo Bedroom2BR,1BA$476
Presque Isle Estates16182BR,1BA$600
Lighthouse Gardens Apartments2Br2BR,1BA$1,028
The Flats at Carriage CommonsOne Bedroom1BR,1BA$1,081

Best Value Apartments for Rent in Vanderbilt, MI and Nearby

As of July 22, 2025 the best value apartment in the Vanderbilt area is the $1.87 price per square foot Furnished Single Family Model at Woodbury Estates - SINGLE FAMILY HOMES in the starting from $2,999. The second greatest value Vanderbilt apartment is the Cedar Model at Pines45 Apartments starting at $1,750 with a $1.48 price per square foot . Here is today’s list of the best values for Vanderbilt apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodbury Estates - SINGLE FAMILY HOMESFurnished Single Family3BR,2BA$1.87
Pines45 ApartmentsCedar2BR,2BA$1.48
Ruth ParkThree Bedroom3BR,2BA$1.61
Legends Morgan FarmsNorthport2BR,2BA$1.92
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.66
Annika PlaceTwo Bedroom2BR,1BA$0.52
Presque Isle Estates16392BR,1BA$0.87
Chelsea Park WestArcadia Bay1BR,1BA$2.28
Lighthouse Gardens Apartments1Br1BR,1BA$1.62
The Flats at Carriage CommonsStudioStudio ,1BA$2.19

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

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Getting Around Vanderbilt, MI

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Vanderbilt Apartments

How much is rent for a Cheap One Bedroom Vanderbilt Apartment?

The lowest price for a Cheap One Bedroom Vanderbilt Apartment is $1,050 at Lighthouse Gardens Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Vanderbilt is starting from $454 at Ruth Park.

What is the most affordable Vanderbilt Three Bedroom Apartment?

The best deal on a cheap Vanderbilt Three Bedroom Apartment rental is at Lighthouse Gardens Apartments and starts from $1,357.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.