
Cheap Homes for Rent in Downtown Walled Lake Neighborhood of Walled Lake, MI from $1,500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Walled Lake area of Walled Lake.


8208 Chesapeake Cir
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.

1527 Mariner Dr

2245 S Commerce Rd
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.
Downtown Walled Lake, Walled Lake, MI Local Guide

How much does it cost to rent a home in Downtown Walled Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Walled Lake 2 Bedroom Homes for Rent | $1,937 | $1,800 | $2,200 |
| Downtown Walled Lake 3 Bedroom Homes for Rent | $2,174 | $1,579 | $2,850 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Walled Lake Neighborhood of Walled Lake, MI.
Explore Walled Lake
Best Value Apartments for Rent in Downtown Walled Lake, MI
As of June 13, 2026 the best value apartment in the Downtown Walled Lake area is the $1.85 price per square foot The Ashbury Model at Barrington Apartment Homes in the in the Country Ridge neighborhood starting from $2,725. The second greatest value Downtown Walled Lake apartment is the The Aspen Model at Shearwater starting at $2,410 with a $1.81 price per square foot in the Liberty Park neighborhood. Here is today’s list of the best values for Downtown Walled Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Barrington Apartment Homes | The Ashbury | 2BR,2BA | $1.85 |
| Shearwater | The Aspen | 2BR,2BA | $1.81 |
| Briarcliff Village | The Carrington | 2BR,2BA | $1.72 |
| The Crossing At Eagle Pond | Superior | 2BR,2BA | $1.34 |
| Forestbrook Park | The Birch | 2BR,2BA | $1.80 |
| Bristol Square and Golden Gate Apartments | Daffodil Deluxe at Bristol Square | 2BR,1BA | $1.74 |
| Portsmouth Apartments | Petunia | 2BR,1BA | $1.66 |
| The Springs Apartment Homes | Petunia | 2BR,1BA | $1.69 |
| Waterview Farms Apartments | 1x1 693sf | 1BR,1BA | $1.42 |
| 1630 N Pontiac Trl | 1 BD / 1 BA | 1BR,1BA | $1.54 |
Frequently Asked Questions about Downtown Walled Lake
What type of rentals are currently available in Downtown Walled Lake?
There are currently 35 Apartments for Rent in Downtown Walled Lake, MI with pricing that ranges from $985 to $3,350. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Walled Lake ranging from $1,579 to $2,850.
What is the current price range for Rental Homes in Downtown Walled Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Walled Lake ranges from $1,579 to $2,850 with an average monthly rent of $2,055.
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

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.

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.

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.

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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.