
Cheap Apartments for Rent in Vanderbilt, MI from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Vanderbilt.


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Vanderbilt, MI Local Guide

How much does it cost to rent an apartment in Vanderbilt?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Vanderbilt Studio Apartments | $1,210 | $1,095 | $1,275 |
Vanderbilt 1 Bedroom Apartments | $1,486 | $588 | $2,426 |
Vanderbilt 2 Bedroom Apartments | $1,876 | $862 | $3,800 |
Vanderbilt 3 Bedroom Apartments | $2,123 | $610 | $3,600 |
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Vanderbilt, MI Local Guide
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Cheapest Available Vanderbilt Apartments for Rent and Nearby
 The cheapest available apartment rental in Vanderbilt, MI is a 2 Beds unit found at Annika Place in the Downtown Traverse City neighborhood priced from $427. Garfield Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Vanderbilt apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Annika Place | Two Bedroom | 2BR,1BA | $427 |
Garfield Oaks | 1 Bedroom | 1BR,1BA | $1,200 |
Sugar Plum Apartments | 1bdm | 1BR,1BA | $1,200 |
Alger Apartments | 2 Bedroom - 1 Bath | 2BR,1BA | $1,260 |
Chelsea Park West | Arcadia | 1BR,1BA | $1,503 |
Best Value Apartments for Rent in Vanderbilt, MI and Nearby
As of April 26, 2025 the best value apartment in the Vanderbilt 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 Vanderbilt apartment is the Single Family Home Model at Woodbury Estates - SINGLE FAMILY HOMES starting at $2,399 with a $1.98 price per square foot . Here is today’s list of the best values for Vanderbilt apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrace Bluff Condominiums | Terrace Estates Condos | 3BR,2BA | $1.88 |
Woodbury Estates - SINGLE FAMILY HOMES | Single Family Home | 3BR,2BA | $1.98 |
Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
Ridge45 Apartments | Solstice South (Barrier Free) | 2BR,2BA | $1.63 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
Alger Apartments | 2 Bedroom - 2 Bath | 2BR,2BA | $1.44 |
Annika Place | Two Bedroom | 2BR,1BA | $0.47 |
Oak Shore Commons | 2 Bedroom, 1 Bath End Unit | 2BR,1BA | $1.93 |
Chelsea Park West | Arcadia Bay | 1BR,1BA | $2.05 |
Sugar Plum Apartments | 1bdm | 1BR,1BA | $1.83 |
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Getting Around Vanderbilt, MI
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Vanderbilt Apartments
How much is rent for a Cheap One Bedroom Vanderbilt Apartment?
The lowest price for a Cheap One Bedroom Vanderbilt Apartment is $1,200 at Sugar Plum Apartments.
What is the lowest price for a Cheap Two Bedroom Vanderbilt Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Vanderbilt is starting from $427 at Annika Place.
What is the most affordable Vanderbilt Three Bedroom Apartment?
The best deal on a cheap Vanderbilt Three Bedroom Apartment rental is at Pines45 Apartments and starts from $1,990.
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.

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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.