10396 22 Mile Rd
TustinMI49688
Cheap Homes for Rent in Grayling, MI from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Grayling.
438 Carleton St
PetoskeyMI49770
124 Beech St
Traverse CityMI49684
1596 Lake St
RoscommonMI48653
515 N Lake St
CadillacMI49601
417 Evart St
CadillacMI49601
621 Riverine Dr
Traverse CityMI49684
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.
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Grayling, MI Local Guide
Grayling, Michigan by Notorious4life is licensed under CCO 1.0
How much does it cost to rent a home in Grayling?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayling 2 Bedroom Homes for Rent | $2,419 | $1,525 | $3,800 |
| Grayling 3 Bedroom Homes for Rent | $2,735 | $1,600 | $4,500 |
| Grayling 4 Bedroom Homes for Rent | $3,660 | $1,600 | $5,800 |
| Grayling 5 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
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Grayling, MI Local Guide
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Cheapest Available Grayling Apartments for Rent and Nearby
The cheapest available apartment rental in Grayling, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $405. Cadillac Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,071. Here is today’s list of the most affordable Grayling apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ruth Park | Two Bedroom | 2BR,1BA | $405 |
| Cadillac Lofts | Studio | Studio,1BA | $1,071 |
| Sugar Plum Apartments | 1bdm | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Grayling, MI and Nearby
As of April 18, 2025 the best value apartment in the Grayling area is the $1.88 price per square foot Terrace Estates Condos Model at Terrace Bluff Condominiums in the in the Downtown Traverse City neighborhood starting from $2,400. The second greatest value Grayling 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 Grayling apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terrace Bluff Condominiums | Terrace Estates Condos | 3BR,2BA | $1.88 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Bear Creek Meadows - Petoskey, MI | Poppa Bear - Lower | 3BR,2BA | $1.46 |
| Ridge45 Apartments | Solstice (Barrier-Free) | 2BR,2BA | $1.63 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
| Alger Apartments | 2 Bedroom - 2 Bath | 2BR,2BA | $1.44 |
| Annika Place | Two Bedroom | 2BR,1BA | $1.42 |
| Edge 72 | Traveler | 1BR,1BA | $1.87 |
| Ruth Park | Two Bedroom | 2BR,1BA | $0.47 |
| Sugar Plum Apartments | 1bdm | 1BR,1BA | $1.83 |
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Frequently Asked Questions about Grayling
What type of rentals are currently available in Grayling?
There are currently 47 Apartments for Rent in Grayling, MI with pricing that ranges from $570 to $3,800. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayling ranging from $1,200 to $5,800.
What is the current price range for Rental Homes in Grayling?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grayling ranges from $1,200 to $5,800 with an average monthly rent of $2,328.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
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.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.