124 Beech St
Traverse CityMI49684
Cheap Homes for Rent in Walloon Lake, MI from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Walloon Lake.
3839 Silver Lake Rd
Traverse CityMI49684
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.
511 E 3rd St
GaylordMI49735
310 Maple St.
East JordanMI49727
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.
3837 Silver Lake Rd
Traverse CityMI49684
919 S Union St
Traverse CityMI49684
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.
441 Munson Pl
Traverse CityMI49686
621 Riverine Dr
Traverse CityMI49684
Showing Results 1-8, Page 1 of 1
Walloon Lake, MI Local Guide
Walloon lake by Ken Bosma is licensed under CC BY 2.0
How much does it cost to rent a home in Walloon Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walloon Lake 2 Bedroom Homes for Rent | $2,263 | $1,350 | $3,300 |
| Walloon Lake 3 Bedroom Homes for Rent | $2,746 | $1,450 | $4,000 |
| Walloon Lake 4 Bedroom Homes for Rent | $3,457 | $2,400 | $5,800 |
| Walloon Lake 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Walloon Lake
Explore Walloon Lake
Walloon Lake, MI Local Guide
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Cheapest Available Walloon Lake Apartments for Rent and Nearby
The cheapest available apartment rental in Walloon Lake, MI is a 1 Bed unit found at Garfield Oaks in the Downtown Traverse City neighborhood priced from $1,200. Alger Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,380. Here is today’s list of the most affordable Walloon Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garfield Oaks | 1 Bedroom | 1BR,1BA | $1,200 |
| Alger Apartments | 2 Bedroom - 2 Bath | 2BR,2BA | $1,380 |
| Chelsea Park West | Arcadia | 1BR,1BA | $1,531 |
Best Value Apartments for Rent in Walloon Lake, MI and Nearby
As of May 11, 2025 the best value apartment in the Walloon Lake area is the $1.98 price per square foot Single Family Home Model at Woodbury Estates - SINGLE FAMILY HOMES in the starting from $2,399. The second greatest value Walloon Lake apartment is the Cedar Model at Pines45 Apartments starting at $1,750 with a $1.48 price per square foot . Here is today’s list of the best values for Walloon Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodbury Estates - SINGLE FAMILY HOMES | Single Family Home | 3BR,2BA | $1.98 |
| Pines45 Apartments | Cedar | 2BR,2BA | $1.48 |
| Ridge45 Apartments | Longitude South | 2BR,2BA | $1.64 |
| Legends Morgan Farms | Northport | 2BR,2BA | $1.90 |
| Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
| Alger Apartments | 2 Bedroom - 2 Bath | 2BR,2BA | $1.44 |
| Oak Shore Commons | 2 Bedroom, 1 Bath End Unit | 2BR,1BA | $1.93 |
| Chelsea Park West | Arcadia | 1BR,1BA | $2.05 |
| West End Lofts | A4 | 1BR,1BA | $3.13 |
| Garfield Oaks | 1 Bedroom | 1BR,1BA | $2.40 |
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Frequently Asked Questions about Walloon Lake
What type of rentals are currently available in Walloon Lake?
There are currently 43 Apartments for Rent in Walloon Lake, MI with pricing that ranges from $775 to $3,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walloon Lake ranging from $1,300 to $15,000.
What is the current price range for Rental Homes in Walloon Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walloon Lake ranges from $1,300 to $15,000 with an average monthly rent of $5,015.
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.
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.
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.
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.
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.