Cheap Apartments for Rent in Petoskey, MI from $400 (17 Rentals)

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

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Glen Haven
2 Bedroom Apartments

Glen Haven

905 Glen Haven CirPetoskey, MI 49770
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Mackinaw Apartments
1 to 2 Bedroom Apartments

Mackinaw Apartments

1327 Mackinaw AveCheboygan, MI 49721
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Huron Apartments
1 to 2 Bedroom Apartments

Huron Apartments

210 W EtheringtonMackinaw City, MI 49701
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Stargate Motel
2 Bedroom Apartments

Stargate Motel

4646 S Straits HwyIndian River, MI 49749
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Lighthouse Village
2 to 3 Bedroom Apartments

Lighthouse Village

400 Duncan AveCheboygan, MI 49721
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Petoskey, MI Local Guide

Cheapest Available Petoskey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petoskey, MI is a 2 Beds unit found at Stargate Motel priced from $800. Pine Hills and Cedar Hills Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Petoskey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stargate MotelDbl Queen.2BR,1BA$800
Pine Hills and Cedar Hills Apartments2 Bedroom 2 Bath2BR,2BA$1,200
Sugar Plum Apartments1bdm1BR,1BA$1,200
Pines45 ApartmentsAspen1BR,1BA$1,330
Chelsea Park WestArcadia1BR,1BA$1,430

Best Value Apartments for Rent in Petoskey, MI and Nearby

As of March 10, 2025 the best value apartment in the Petoskey 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 Petoskey apartment is the Three Bedroom Model at Brookside Commons starting at $1,485 with a $1.18 price per square foot . Here is today’s list of the best values for Petoskey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrace Bluff CondominiumsTerrace Estates Condos3BR,2BA$1.88
Brookside CommonsThree Bedroom3BR,1BA$1.18
Ridge45 ApartmentsSolstice South2BR,2BA$1.64
Lake Pointe VillageDriftwood2BR,2BA$1.56
Oak Shore Commons2 Bedroom, 1 Bath End Unit2BR,1BA$1.93
Pines45 ApartmentsAspen1BR,1BA$1.63
Legends Morgan FarmsHarbor1BR,1BA$1.96
Chelsea Park WestArcadia1BR,1BA$1.92
Pine Hills and Cedar Hills Apartments1 Bedroom 1 Bath1BR,1BA$1.71
Sugar Plum Apartments1bdm1BR,1BA$1.83

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Explore Petoskey, MI Rentals by Map

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Getting Around Petoskey, MI

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Petoskey Apartments

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Petoskey is starting from $800 at Stargate Motel.

What is the most affordable Petoskey Three Bedroom Apartment?

The best deal on a cheap Petoskey Three Bedroom Apartment rental is at Brookside Commons and starts from $1,485.

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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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.

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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.