Cheap Apartments for Rent in Lake Leelanau, MI from $400 (11 Rentals)

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Annika Place
1 to 2 Bedroom Apartments

Annika Place

947 S Garfield AveTraverse City, MI 49686
Showing Results 1-11, Page 1 of 1

Lake Leelanau, MI Local Guide

Cheapest Available Lake Leelanau Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Leelanau, 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 Lake Leelanau apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ruth ParkTwo Bedroom2BR,1BA$405
Sugar Plum Apartments1bdm1BR,1BA$1,200
Alger Apartments2 Bedroom - 1 Bath2BR,1BA$1,260
Annika PlaceTwo Bedroom2BR,1BA$1,300
Bear Creek Meadows - Petoskey, MIBaby Bear - Upper1BR,1BA$1,345

Best Value Apartments for Rent in Lake Leelanau, MI and Nearby

As of April 12, 2025 the best value apartment in the Lake Leelanau 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 Lake Leelanau apartment is the Solstice South Model at Ridge45 Apartments starting at $1,815 with a $1.64 price per square foot in the Downtown Traverse City neighborhood. Here is today’s list of the best values for Lake Leelanau apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrace Bluff CondominiumsTerrace Estates Condos3BR,2BA$1.88
Ridge45 ApartmentsSolstice South2BR,2BA$1.64
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.66
Alger Apartments2 Bedroom - 2 Bath2BR,2BA$1.44
Annika PlaceTwo Bedroom2BR,1BA$1.42
Oak Shore Commons2 Bedroom, 1 Bath End Unit2BR,1BA$1.93
Edge 72Traveler1BR,1BA$1.87
Bear Creek Meadows - Petoskey, MIBaby Bear - Upper1BR,1BA$1.55
Ruth ParkTwo Bedroom2BR,1BA$0.47
Sugar Plum Apartments1bdm1BR,1BA$1.83

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Frequently Asked Questions about Cheap Lake Leelanau Apartments

How much is rent for a Cheap One Bedroom Lake Leelanau Apartment?

The lowest price for a Cheap One Bedroom Lake Leelanau Apartment is $1,200 at Sugar Plum Apartments.

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

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

What is the most affordable Lake Leelanau Three Bedroom Apartment?

The best deal on a cheap Lake Leelanau Three Bedroom Apartment rental is at Bear Creek Meadows - Petoskey, MI and starts from $1,675.

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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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.

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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.