Cheap Apartments for Rent in Eastlake, MI from $300 (10 Rentals)

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

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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Ruth Park
2 Bedroom Apartments

Ruth Park

520 Wellington StTraverse City, MI 49686
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Annika Place
1 to 2 Bedroom Apartments

Annika Place

947 S Garfield AveTraverse City, MI 49686

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Eastlake, MI Local Guide

Cheapest Available Eastlake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eastlake, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $405. Annika Place in the Downtown Traverse City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $427. Here is today’s list of the most affordable Eastlake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ruth ParkTwo Bedroom2BR,1BA$405
Annika PlaceTwo Bedroom2BR,1BA$427
Hillcrest Apartments2x12BR,1BA$939

Best Value Apartments for Rent in Eastlake, MI and Nearby

As of May 01, 2025 the best value apartment in the Eastlake area is the $0.29 price per square foot 4x2 Model at Oakwood Townhomes in the starting from $479. The second greatest value Eastlake apartment is the 4BR/4BA - Cottage Model at Campus Creek Cottages starting at $549 with a $0.34 price per square foot . Here is today’s list of the best values for Eastlake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes4x24BR,2.5BA$0.29
Campus Creek Cottages4BR/4BA - Cottage4BR,4BA$0.34
College Town Apartments4BR/4BA - A4BR,4BA$0.33
Swede Hill Apartments3 Bed/2 Bath3BR,2BA$0.53
110 Washington St, Unit The Studio110 Washington St2BR,1BA$1.45
Campus Creek Townhomes2BR/2BA - Townhome Super4BR,2BA$0.79
Hillcrest Apartments2x12BR,1BA$1.04
Ruth ParkTwo Bedroom2BR,1BA$0.47
Walnut Knoll ApartmentsTwo bedroom apt2BR,1BA$1.43
Annika PlaceOne Bedroom1BR,1BA$1.39

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

Explore Eastlake, MI Rentals by Map

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Getting Around Eastlake, MI

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Eastlake Apartments

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

The lowest price for a Cheap One Bedroom Eastlake Apartment is $950 at Annika Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Eastlake is starting from $405 at Ruth Park.

What is the most affordable Eastlake Three Bedroom Apartment?

The best deal on a cheap Eastlake Three Bedroom Apartment rental is at Woodbury Estates - SINGLE FAMILY HOMES and starts from $2,399.

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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.