Cheap Homes for Rent in Frankfort, MI from $1,200 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Frankfort.

property at 2276 S M-37

2276 S M-37, Unit B

2276 S M-37
Traverse CityMI49685

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.

property at 124 Beech St

124 Beech St

Traverse CityMI49684

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.

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.

Frankfort, MI Local Guide

Cheapest Available Frankfort Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frankfort, MI is a 1 Bed unit found at 122 Hancock St priced from $950. Cherry Hills Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,095. Here is today’s list of the most affordable Frankfort apartments for rent:

Apartment ListingModel NameBed/BathPriced From
122 Hancock StUnit 41BR,1BA$950
Cherry Hills Apartments2 Bedroom2BR,1BA$1,095
Lofts on Rowe1 Bedroom1BR,1BA$1,116

Best Value Apartments for Rent in Frankfort, MI and Nearby

As of May 12, 2025 the best value apartment in the Frankfort area is the $1.98 price per square foot Single Family Home Model at Woodbury Estates - SINGLE FAMILY HOMES in the starting from $2,399. The second greatest value Frankfort apartment is the Two Bedrooms Two Bathrooms Upper Inside Model at The Peninsula Apartments starting at $1,620 with a $1.42 price per square foot . Here is today’s list of the best values for Frankfort apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodbury Estates - SINGLE FAMILY HOMESSingle Family Home3BR,2BA$1.98
The Peninsula ApartmentsTwo Bedrooms Two Bathrooms Upper Inside2BR,2BA$1.42
Ridge45 ApartmentsLongitude South2BR,2BA$1.64
Legends Morgan FarmsNorthport2BR,2BA$1.90
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.66
Cherry Hills Apartments2 Bedroom Ultra2BR,1BA$1.28
Oak Shore Commons2 Bedroom, 1 Bath End Unit2BR,1BA$1.93
Chelsea Park WestArcadia1BR,1BA$2.05
Garfield Oaks1 Bedroom1BR,1BA$2.40
122 Hancock StUnit 41BR,1BA$2.10

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Frankfort

What type of rentals are currently available in Frankfort?

There are currently 43 Apartments for Rent in Frankfort, MI with pricing that ranges from $600 to $3,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $1,200 to $15,000.

What is the current price range for Rental Homes in Frankfort?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Frankfort ranges from $1,200 to $15,000 with an average monthly rent of $3,729.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.