Cheap Apartments for Rent in Indian River, MI from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Indian River.

6776 State St

PARK MEADOW APARTMENTS

Bay Hill I

Green Meadows Apartments

Hillside Club Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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Indian River, MI Local Guide

How much does it cost to rent an apartment in Indian River?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indian River Studio Apartments | $1,185 | $1,095 | $1,275 |
Indian River 1 Bedroom Apartments | $1,479 | $588 | $2,426 |
Indian River 2 Bedroom Apartments | $1,926 | $862 | $3,800 |
Indian River 3 Bedroom Apartments | $1,991 | $610 | $3,600 |
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Indian River, MI Local Guide
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Cheapest Available Indian River Apartments for Rent and Nearby
 The cheapest available apartment rental in Indian River, MI is a 2 Beds unit found at Ruth Park in the Downtown Traverse City neighborhood priced from $405. Sugar Plum Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Indian River apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ruth Park | Two Bedroom | 2BR,1BA | $405 |
Sugar Plum Apartments | 1bdm | 1BR,1BA | $1,200 |
Garfield Oaks | 1 Bedroom | 1BR,1BA | $1,200 |
Annika Place | Two Bedroom | 2BR,1BA | $1,300 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1BA | $1,600 |
Best Value Apartments for Rent in Indian River, MI and Nearby
As of April 23, 2025 the best value apartment in the Indian River area is the $0.93 price per square foot 3593 Old US Highway 27 S Model at 3593 Old US Highway 27 S, Unit #6 in the starting from $1,400. The second greatest value Indian River apartment is the Terrace Estates Condos Model at Terrace Bluff Condominiums starting at $2,400 with a $1.88 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Indian River apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
3593 Old US Highway 27 S, Unit #6 | 3593 Old US Highway 27 S | 1BR,1BA | $0.93 |
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 South (Barrier Free) | 2BR,2BA | $1.63 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
Annika Place | Two Bedroom | 2BR,1BA | $1.42 |
Oak Shore Commons | 2 Bedroom, 1 Bath End Unit | 2BR,1BA | $1.93 |
Ruth Park | Two Bedroom | 2BR,1BA | $0.47 |
Sugar Plum Apartments | 1bdm | 1BR,1BA | $1.83 |
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Getting Around Indian River, MI
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Indian River Apartments
How much is rent for a Cheap One Bedroom Indian River Apartment?
The lowest price for a Cheap One Bedroom Indian River Apartment is $1,200 at Sugar Plum Apartments.
What is the lowest price for a Cheap Two Bedroom Indian River Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Indian River is starting from $405 at Ruth Park.
What is the most affordable Indian River Three Bedroom Apartment?
The best deal on a cheap Indian River Three Bedroom Apartment rental is at Pines45 Apartments and starts from $1,990.
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.