Cheap Apartments for Rent near Wolverine, MI from $498 (39 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 853 E Front St
$950 - $1,350

Total Monthly Price

Base Rent$950 - $1,350
Total Monthly Price$950 - $1,350
1 To 2 Bedroom Homes for Rent
Available Oct 27
Furnished

853 E Front St

Traverse CityMI49686
  • Smoke Free
property at 2596 Co Road 451
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom, 1 Bath Home for Rent
Available Now

2596 Co Road 451

Rogers CityMI49779

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 7621 Thomas St
$1,225

Total Monthly Price

Base Rent$1,225
Total Monthly Price$1,225
2 Bedroom, 1 Bath Home for Rent
Available Oct 9

7621 Thomas St, Unit 1

7621 Thomas St
Central LakeMI49622
  • Smoke Free
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Victories Square
Studio to 2 Bedroom Apartments

Victories Square

1899 Migizi WayPetoskey, MI 49770
  • Utilities Included
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Stargate Motel
2 to 3 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Huron Apartments
1 to 2 Bedroom Apartments

Huron Apartments

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

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
Corporate Housing
  • Utilities Included
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Lighthouse Village
2 to 3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
  • Utilities Included
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Inland Lakes Motel
1 to 2 Bedroom Apartments

Inland Lakes Motel

1225 S Grandview Beach RdIndian River, MI 49749
Corporate Housing
  • Utilities Included
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Cheboygan Shores
1 Bedroom Apartments

Cheboygan Shores

328 Duncan AveCheboygan, MI 49721
Senior Living
  • Utilities Included
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Garfield Oaks
1 to 2 Bedroom Apartments

Garfield Oaks

3011 Garfield Rd NTraverse City, MI 49686
  • 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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Liv Arbors
1 to 5 Bedroom Apartments

Liv Arbors

2955 Leggett DrTraverse City, MI 49685
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Totem Lodges
1 to 3 Bedroom Apartments

Totem Lodges

4846 S Straits HwyIndian River, MI 49749
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Wolverine, MI Local Guide

Cheapest Available Wolverine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wolverine, MI is a 1 Bed unit found at Riverview Terrace in the Downtown Traverse City neighborhood priced from $50. Ruth Park in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $498. Here is today’s list of the most affordable Wolverine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Terrace1 Bedroom R1BR, 1BA$50
Ruth Park2x12BR, 1BA$498
Presque Isle Estates14122BR, 1BA$575
Parkview ApartmentsOne bedroom1BR, 1BA$694
Oak Terrace1 BEDROOM1BR, 1BA$796
Mackinaw ApartmentsTwo Bedroom2BR, 1BA$855
Lighthouse Gardens Apartments1Br1BR, 1BA$1,146
Aspen VillageNew Double-Wide3BR, 1BA$1,200
Annika Place1 Bedroom 1 Bath1BR, 1BA$1,290
Studio's at The VicKingStudio, 1BA$1,299

Best Value Apartments for Rent in Wolverine, MI and Nearby

As of September 22, 2026 the best value apartment in the Wolverine area is the $1.57 price per square foot Poppa Bear - Lower Model at Bear Creek Meadows - Petoskey, MI starting from $1,800. The second greatest value Wolverine apartment is the Townhouse Ln Model at Townhouse Lane starting at $1,395 with a $1.29 price per square foot. Here is today’s list of the best values for Wolverine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bear Creek Meadows - Petoskey, MIPoppa Bear - Lower3BR, 2BA$1.57
Townhouse LaneTownhouse Ln2BR, 1.5BA$1.29
Village Glen ApartmentsTwo Bed Two Bath2BR, 2BA$1.46
Alger Apartments2 Bedroom - 1 Bath2BR, 1BA$1.43
Ruth Park2x12BR, 1BA$0.58
Mackinaw ApartmentsTwo Bedroom2BR, 1BA$1.12
Parkview ApartmentsOne bedroom1BR, 1BA$0.95
Presque Isle Estates15202BR, 1BA$1.04
Oak Terrace1 BEDROOM1BR, 1BA$1.38
Riverview Terrace1 Bedroom R1BR, 1BA$0.10

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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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.

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

Explore Wolverine, MI Rentals by Map

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Frequently Asked Questions about Cheap Wolverine Apartments

What is the Cheapest Studio apartment in Wolverine?

Currently the most affordable Cheap Studio Apartment in Wolverine is at Studio's at The Vic listed at $1,299.

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

The lowest price for a Cheap One Bedroom Wolverine Apartment is $50 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 $498 at Ruth Park.

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 $750.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.