
Cheap Apartments for Rent in Walloon Lake, MI from $700 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Walloon Lake.


Bay Hill I

Green Meadows Apartments

Hillside Club Apartments

3593 Old US Highway 27 S, Unit 3

The Flats at Carriage Commons
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.

Pines45 Apartments

Harbour Ridge Apartments

210 E Tenth St

Lake Pointe Village

3011 N Garfield Rd

Pine Hills and Cedar Hills Apartments
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.

2276 S M-37, Unit B

Sugar Plum Apartments

SPRING HARBOR APARTMENTS
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Alger Apartments

Ridge45 Apartments

107 Cass St, Unit Condo #3
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.
Walloon Lake, MI Local Guide

How much does it cost to rent an apartment in Walloon Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Walloon Lake Studio Apartments | $1,176 | $1,083 | $1,275 |
Walloon Lake 1 Bedroom Apartments | $1,524 | $775 | $2,560 |
Walloon Lake 2 Bedroom Apartments | $1,986 | $862 | $6,000 |
Walloon Lake 3 Bedroom Apartments | $2,171 | $1,033 | $3,600 |
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Walloon Lake, MI Local Guide
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Cheapest Available Walloon Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Walloon Lake, MI is a 1 Bed unit found at Cheboygan Shores priced from $919. The Flats at Carriage Commons has the second lowest priced unit, which is a Studio apartment currently listed from $1,083. Here is today’s list of the most affordable Walloon Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cheboygan Shores | 1 Bedroom | 1BR,1BA | $919 |
The Flats at Carriage Commons | Studio | Studio,1BA | $1,083 |
Annika Place | One Bedroom | 1BR,1BA | $1,222 |
Alger Apartments | 2 Bedroom - 2 Bath | 2BR,2BA | $1,425 |
Brookside Commons | Three Bedroom | 3BR,2BA | $1,485 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1BA | $1,600 |
Chelsea Park West | Arcadia | 1BR,1BA | $1,642 |
Oak Shore Commons | 1 Bedroom 1 Bath | 1BR,1BA | $1,649 |
Legends Morgan Farms | Harbor | 1BR,1BA | $1,735 |
Best Value Apartments for Rent in Walloon Lake, MI and Nearby
As of June 09, 2025 the best value apartment in the Walloon Lake area is the $1.18 price per square foot Three Bedroom Model at Brookside Commons in the starting from $1,485. The second greatest value Walloon Lake 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 Walloon Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Brookside Commons | Three Bedroom | 3BR,2BA | $1.18 |
Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
Ruth Park | Three Bedroom | 3BR,2BA | $1.61 |
Ridge45 Apartments | Solstice South IV | 2BR,2BA | $1.69 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
Alger Apartments | 2 Bedroom - 2 Bath | 2BR,2BA | $1.48 |
3593 Old US Highway 27 S, Unit 3 | 3593 Old US Highway 27 S | 1BR,1BA | $1.25 |
Chelsea Park West | Arcadia | 1BR,1BA | $2.20 |
Annika Place | One Bedroom | 1BR,1BA | $1.79 |
Cheboygan Shores | 1 Bedroom | 1BR,1BA | $1.39 |
Quick Rent Budget Calculator
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Getting Around Walloon Lake, MI
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Walloon Lake Apartments
How much is rent for a Cheap One Bedroom Walloon Lake Apartment?
The lowest price for a Cheap One Bedroom Walloon Lake Apartment is $919 at Cheboygan Shores.
What is the lowest price for a Cheap Two Bedroom Walloon Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Walloon Lake is starting from $1,425 at Alger Apartments.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.