
Cheap Apartments for Rent in Wolverine, MI from $400 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Wolverine.


Parkview Apartments

Riverview Terrace

Oak Terrace

PARK MEADOW APARTMENTS

Bay Hill I

Green Meadows Apartments

853 E Front St

Pines45 Apartments
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.

Hillside Club Apartments

Harbour Ridge Apartments

Studio's at The Vic

Aspen Village

SPRING HARBOR APARTMENTS - No Vacancy

Lake Pointe Village

Ridge45 Apartments

Sugar Plum Apartments

Alger Apartments
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.

Little Traverse Village

Village Glen Apartments

The Block at Petoskey

Victories Square

Huron Apartments

Stargate Motel

Mackinaw Apartments

Lighthouse Village

Inland Lakes Motel
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.

Cheboygan Shores

2285 E Carriage Hill Dr

323 W Twelfth St

Lighthouse Gardens Apartments

The Flats at Carriage Commons

Garfield Oaks

Liv Arbors

Totem Lodges

Manitou Woods
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.
Wolverine, MI Local Guide

How much does it cost to rent an apartment in Wolverine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wolverine Studio Apartments | $1,392 | $1,095 | $1,600 |
| Wolverine 1 Bedroom Apartments | $1,534 | $694 | $3,000 |
| Wolverine 2 Bedroom Apartments | $1,856 | $575 | $3,348 |
| Wolverine 3 Bedroom Apartments | $2,149 | $675 | $3,500 |
| Wolverine 4 Bedroom Apartments | $2,975 | $2,775 | $3,255 |
Browse Top Apartments in Wolverine
See all Apartments in WolverineExplore Wolverine
Wolverine, MI Local Guide
- Nearby Cities
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Cheapest Available Wolverine Apartments for Rent and Nearby
 The cheapest available apartment rental in Wolverine, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Riverview Terrace in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $744. Here is today’s list of the most affordable Wolverine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Riverview Terrace | 1 Bedroom R | 1BR,1BA | $744 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $796 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $815 |
| Aspen Village | New Double-Wide | 3BR,1BA | $1,200 |
| Alger Apartments | 2 Bedroom - 1 Bath | 2BR,1BA | $1,340 |
| Little Traverse Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,350 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1,374 |
| The Block at Petoskey | Studio | Studio,1BA | $1,390 |
| Townline Flats | Townline 1 Bedroom Apartments | 1BR,1BA | $1,540 |
Best Value Apartments for Rent in Wolverine, MI and Nearby
As of May 03, 2026 the best value apartment in the Wolverine area is the $1.63 price per square foot Ottowa Model at Liv East Bay in the starting from $3,395. The second greatest value Wolverine 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 Wolverine apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liv East Bay | Ottowa | 5BR,2.5BA | $1.63 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ridge45 Apartments | Longitude South | 2BR,2BA | $1.64 |
| Village Glen Apartments | Two Bed Two Bath | 2BR,2BA | $1.36 |
| Pinecrest | Pinecrest | 2BR,2BA | $1.62 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.74 |
| Alger Apartments | 2 Bedroom - 1 Bath | 2BR,1BA | $1.40 |
| Mackinaw Apartments | Two Bedroom | 2BR,1BA | $1.07 |
| Presque Isle Estates | 1520 | 2BR,1BA | $0.94 |
| Oak Terrace | 1 BEDROOM | 1BR,1BA | $1.38 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wolverine, MI Rentals by Map
See the most popular apartments and homes in Wolverine, MI
Frequently Asked Questions about Cheap Wolverine Apartments
How much is rent for a Cheap One Bedroom Wolverine Apartment?
The lowest price for a Cheap One Bedroom Wolverine Apartment is $744 at Riverview Terrace.
What is the lowest price for a Cheap Two Bedroom Wolverine Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wolverine is starting from $575 at Presque Isle Estates.
What is the most affordable Wolverine Three Bedroom Apartment?
The best deal on a cheap Wolverine Three Bedroom Apartment rental is at Presque Isle Estates and starts from $675.
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

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.

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.

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.

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.