Cheap Apartments for Rent in Lake, MI from $300 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Lake.

close
View Me
320 N Cedar St
1 to 2 Bedroom Apartments

320 N Cedar St

320 N Cedar StSanford, MI 48657

Lake, MI Local Guide

Cheapest Available Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake, MI is a 4 Beds unit found at Campus Creek Townhomes priced from $349. College Town Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $489. Here is today’s list of the most affordable Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campus Creek Townhomes2BR/2BA - Townhome Super4BR,2BA$349
College Town Apartments4BR/4BA - B4BR,4BA$489
Wright Ave Apartments1b1b1BR,1BA$585

Best Value Apartments for Rent in Lake, MI and Nearby

As of February 13, 2025 the best value apartment in the Lake area is the $0.28 price per square foot 4x2 Model at Oakwood Townhomes in the starting from $469. The second greatest value Lake apartment is the 4BR/4BA - Cottage Model at Campus Creek Cottages starting at $549 with a $0.34 price per square foot . Here is today’s list of the best values for Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes4x24BR,2.5BA$0.28
Campus Creek Cottages4BR/4BA - Cottage4BR,4BA$0.34
College Town Apartments4BR/4BA - A4BR,4BA$0.32
Appian Way Apartments144BR,2BA$0.30
Cambridge Terrace3L - 3 Bedroom Lower3BR,2BA$0.99
4915 Universal St2 BD / 1.5 BA2BR,1.5BA$0.91
Campus Creek Townhomes4BR/2.5BA - Townhome4BR,2.5BA$0.45
Heritage ArmsThe Plymouth2BR,1BA$1.03
Mary Court Place ApartmentsTownhome2BR,1BA$0.88
French Quarters Apartments2-Bedroom2BR,1BA$0.99

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Lake, MI Rentals by Map

View MapLake, MI Apartments MapView MapLake, MI Rental Homes Map

Frequently Asked Questions about Cheap Lake Apartments

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

The lowest price for a Cheap One Bedroom Lake Apartment is $585 at Wright Ave Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake is starting from $750 at Mary Court Place Apartments.

What is the most affordable Lake Three Bedroom Apartment?

The best deal on a cheap Lake Three Bedroom Apartment rental is at Cambridge Terrace and starts from $1,149.

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 What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.