Cheap Apartments for Rent in Lapeer, MI from $500 (14 Rentals)

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

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.

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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Riverview Towers
1 Bedroom Apartments

Riverview Towers

544 N Saginaw StLapeer, MI 48446
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Westmoor Apartments
1 to 2 Bedroom Apartments

Westmoor Apartments

1810-1825 Westmoor DrLapeer, MI 48446
Senior Living
  • Utilities Included

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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Brookfield Apartments
1 to 2 Bedroom Apartments

Brookfield Apartments

1800-1841 Brookfield DrLapeer, MI 48446
  • Utilities Included

Lapeer, MI Local Guide

Cheapest Available Lapeer Apartments for Rent

 

The cheapest available apartment rental in Lapeer, MI is a 2 Beds unit found at Drakeshire Apartments priced from $750. Arbors of Lapeer Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here is today’s list of the most affordable Lapeer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Drakeshire ApartmentsOne Bedroom2BR,1BA$750
Arbors of Lapeer ApartmentsThe Spruce-Second Floor1BR,1BA$920
Turrill EstatesTwo Bedroom2BR,1BA$1,150

Best Value Apartments for Rent in Lapeer, MI

As of May 17, 2025 the best value apartment in the Lapeer area is the $1.14 price per square foot Two Bedroom Model at Turrill Estates in the starting from $1,150. The second greatest value Lapeer apartment is the The Spruce-Second Floor Model at Arbors of Lapeer Apartments starting at $920 with a $1.27 price per square foot . Here is today’s list of the best values for Lapeer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Turrill EstatesTwo Bedroom2BR,1BA$1.14
Arbors of Lapeer ApartmentsThe Spruce-Second Floor1BR,1BA$1.27
Drakeshire ApartmentsOne Bedroom2BR,1BA$1.21

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

Explore Lapeer, MI Rentals by Map

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Getting Around Lapeer, MI

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lapeer Apartments

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

Today's best deal for a Cheap Two Bedroom Apartment in Lapeer is starting from $750 at Drakeshire Apartments.

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.