1 Bedroom Apartments for Rent in Lake, MI (26 Rentals)

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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.

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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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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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Shepley Apartments
1 Bedroom Apartments

Shepley Apartments

711 Fairway DrSt. Louis, MI 48880
  • Utilities Included
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320 N Cedar St
1 Bedroom Apartments

320 N Cedar St

320 N Cedar StSanford, MI 48657
  • Utilities Included
Showing Results 1-26, Page 1 of 1

Lake, MI Local Guide

Largest Available Lake and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Lake, MI is found at Cambridge Terrace and is 795 square feet priced from $849. Canterbury East Apartments has the second largest 1 Bedroom, which is sized at 720 square feet and currently listed start at $875. Here is today’s list of the largest available 1 Bedroom units in Lake:

Apartment ListingModel NameSquare FootagePriced From
Cambridge Terrace1U - 1 Bedroom Upper795 Sq Ft$849
Canterbury East ApartmentsDeluxe One Bedroom720 Sq Ft$875
Shepley ApartmentsOne Bedroom605 Sq Ft$775
Rivers Edge Apartments1 Bedroom0 Sq Ft$650

Cheapest Available Lake and Nearby 1 Bedroom Apartments

As of May 13, 2025 the lowest priced 1 Bedroom apartment unit in Lake, MI is the 1 Bedroom Model starting from $650 at Rivers Edge Apartments . The second most affordable Lake 1 Bedroom is the One Bedroom Model at Shepley Apartments starting at $775 . The average price for all 1 Bedroom apartments in Lake is currently $916. Here is today’s list of the cheapest available 1 Bedroom options in Lake:

Apartment ListingModel NamePriced From
Rivers Edge Apartments1 Bedroom$650
Shepley ApartmentsOne Bedroom$775
Cambridge Terrace1U - 1 Bedroom Upper$849
Canterbury East ApartmentsStandard One Bedroom$875

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

Explore Lake, MI Rentals by Map

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See the most popular apartments and homes in Lake, MI

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Frequently Asked Questions about 1 Bedroom Lake Apartments

How much is the average rent for a 1 Bedroom Lake Apartment?

The average rent for a 1 Bedroom Apartment in Lake is $916.

What is the largest available 1 Bedroom Lake Apartment for rent?

Today's apartment with the most square footage in Lake is a 795 square feet unit starting from $849 at Cambridge Terrace.

What is the average size for Lake 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Lake is currently 450 sq ft.

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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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.

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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.

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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.