Cheap Homes for Rent in Tower, MI from $800 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Tower.

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.

property at 310 Maple St.

310 Maple St.

East JordanMI49727

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.

Tower, MI Local Guide

Cheapest Available Tower Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tower, MI is a 2 Beds unit found at Bingham Apartments - 55+ Community priced from $380. Thunder Bay Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Tower apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bingham Apartments - 55+ Community2 Bed 1 Bath2BR,1BA$380
Thunder Bay EstatesD62BR,1BA$625
Garfield Oaks1 Bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Tower, MI and Nearby

As of May 10, 2025 the best value apartment in the Tower area is the $1.48 price per square foot Cedar Model at Pines45 Apartments in the starting from $1,750. The second greatest value Tower apartment is the Longitude 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 Tower apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pines45 ApartmentsCedar2BR,2BA$1.48
Ridge45 ApartmentsLongitude South2BR,2BA$1.64
Holiday Village Townhomes2 BED/1.5 BATH2BR,1.5BA$1.66
Alger Apartments2 Bedroom - 2 Bath2BR,2BA$1.44
Oak Shore Commons2 Bedroom, 1 Bath End Unit2BR,1BA$1.93
West End LoftsA41BR,1BA$3.13
Bingham Apartments - 55+ Community1 Bed 1 Bath1BR,1BA$0.61
Thunder Bay EstatesD62BR,1BA$1.04
Garfield Oaks1 Bedroom1BR,1BA$2.40

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.

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Frequently Asked Questions about Tower

What type of rentals are currently available in Tower?

There are currently 44 Apartments for Rent in Tower, MI with pricing that ranges from $380 to $3,800. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tower ranging from $850 to $18,000.

What is the current price range for Rental Homes in Tower?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Tower ranges from $850 to $18,000 with an average monthly rent of $5,571.

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.