Cheap Apartments for Rent in Walled Lake, MI from $700 (37 Rentals)

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Legacy at Hillside
1 to 2 Bedroom Apartments

Legacy at Hillside

360 Rosebud StWalled Lake, MI 48390
  • 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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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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Golden Gate
1 Bedroom Apartments

Golden Gate

31315 Tamarack DrWixom, MI 48393
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

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

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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Showing Results 1-37, Page 1 of 1

Walled Lake, MI Local Guide

Cheapest Available Walled Lake Apartments for Rent

 

The cheapest available apartment rental in Walled Lake, MI is a 1 Bed unit found at The Village Apartments in the Liberty Park neighborhood priced from $886. Waterview Farms Apartments in the Liberty Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Walled Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Village ApartmentsPrimrose1BR,1BA$886
Waterview Farms Apartments1x1 693sf1BR,1BA$985
1630 N Pontiac Trl1 BD / 1 BA1BR,1BA$1,000
The Springs Apartment HomesVerbena1BR,1BA$1,003
Stone Ridge ApartmentsVerbena1BR,1BA$1,013
Town & Country Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,199
Bristol Square and Golden Gate ApartmentsMagnolia at Golden Gate1BR,1BA$1,218
Beachwalk201 - 2 Bdrm, 1Bath2BR,1BA$1,265
Village Club of Farmington HillsThe Oakley1BR,1BA$1,325

Best Value Apartments for Rent in Walled Lake, MI

As of May 27, 2026 the best value apartment in the Walled Lake area is the $1.28 price per square foot The Pine Model at 83 West in the in the Farmington Road neighborhood starting from $2,154. The second greatest value Walled Lake apartment is the Everest Model at Brownstones starting at $1,953 with a $1.53 price per square foot in the Route 102 neighborhood. Here is today’s list of the best values for Walled Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
83 WestThe Pine3BR,2.5BA$1.28
BrownstonesEverest2BR,2.5BA$1.53
Briarcliff VillageThe Arlington2BR,2BA$1.65
The Crossing At Eagle PondSuperior2BR,2BA$1.34
662 Finch Ct662 Finch Ct1BR,1BA$1.11
Beachwalk201 - 2 Bdrm, 1Bath2BR,1BA$1.51
Waterview Farms Apartments1x1 693sf1BR,1BA$1.42
1630 N Pontiac Trl1 BD / 1 BA1BR,1BA$1.54
Stone Ridge ApartmentsLilac1BR,1BA$1.68
The Village ApartmentsPrimrose1BR,1BA$1.56

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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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Best Local Schools in
Walled Lake, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Walled Lake Apartments

What is the Cheapest Studio apartment in Walled Lake?

Currently the most affordable Cheap Studio Apartment in Walled Lake is at Springs at Five and Main listed at $1,468.

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

The lowest price for a Cheap One Bedroom Walled Lake Apartment is $886 at The Village Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Walled Lake is starting from $1,068 at The Village Apartments.

What is the most affordable Walled Lake Three Bedroom Apartment?

The best deal on a cheap Walled 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.

Helpful Local Expert Guides

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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

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The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.