Apartments for Rent in Michigan under $500
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2 bd $437+Base rent4.0 (22)215 Osborn Blvd, Sault Ste Marie, MI 49783Fitness center • In unit laundry • Dishwasher
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2 bd $466+Base rent3.0 (1)1130 Beech Street, East Lansing, MI 48823Apply online • Pet friendly • Parking
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1 bd $500+Base rent4.5 (2)430 Glenmoor Road, East Lansing, MI 48823Apply online • Cat friendly • Parking
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3 bd $495+5 bd $415+6 bd $430+Base rent4.5 (8)3201 Michigamme Woods Drive, Kalamazoo, MI 49006Apply online • Pet friendly • Fitness center
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2 bd $472+Base rent3.5 (3)2771 Northwind Drive, East Lansing, MI 48823Apply online • Pet friendly • In unit laundry
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1 bd $463+Base rent5.0 (1)1732 Cambria Dr., East Lansing, MI 48823Apply online • Pet friendly • In unit laundry
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2 bd $321+Base rent1242 Haslett Road, East Lansing, MI 48823Apply online • Pet friendly • Parking
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2 bd $463+Base rent1547 North Hagadorn Road, East Lansing, MI 48823Apply online • Pet friendly • Parking
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2 bd $341+Base rent1850 Abbot Road, East Lansing, MI 48823Apply online • Pet friendly • Parking
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2 bd $338+Base rent233/235 Delta Street, East Lansing, MI 48823Apply online • Parking • In unit laundry
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2 bd $350+Base rent414 Michigan Avenue, East Lansing, MI 48823Apply online • Parking • In unit laundry
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64 units availableStudio $212Base rent1600 South 30Th Street, Escanaba, MI 49829Apply online -
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14 units availableStudio $2021 bd $202Base rent4.0 (1)1401 N 23Rd Street, Escanaba, MI 49829Apply online -
3 bd $454+Base rent3.5 (1)300 Morgan Road East, Battle Creek, MI 49017Apply online • Pet friendly • Parking
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Only 2 units left1 bd $453Base rent4.5 (8)8107 Kirkridge St., Belleville, MI 48111Apply online • Pet friendly -
Ask for Pricing4.5 (11)15345 Venlo Drive, Big Rapids, MI 49307Pet friendly • Parking • Fitness center
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6 bd $409Base rent3.5 (4)1324 Lafayette Ave., Kalamazoo, MI 49006Pet friendly • Fitness center • Pool
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2 bd $485+Base rent5.0 (3)295 Arbor Glen Drive, East Lansing, MI 48823Pet friendly • Parking • Fitness center
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2 bd $468+Base rent3.5 (2)136 Reniger Court, East Lansing, MI 48823Parking • Fitness center • Pool
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3 bd $475+Base rent232 S. Clippert St., Lansing, MI 48912Pet friendly • Parking • Fitness center
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2 bd $500+Base rent324 Michigan Avenue, East Lansing, MI 48823Parking • In unit laundry • Dishwasher
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2 bd $499Base rent208 W. Saginaw St., East Lansing, MI 48823Pet friendly • Parking • In unit laundry
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2 bd $499+Base rent4965 Campus Hill Drive, Okemos, MI 48864Pet friendly • Parking • Pool
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2 bd $439+Base rent4632 S. Hagadorn Rd., East Lansing, MI 48823Pet friendly • Fitness center • Pool
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2 bd $474+Base rent3.0 (6)1700 East Grand River, East Lansing, MI 48823Pet friendly • Parking • Fitness center
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Frequently asked questions
When were prices and availability in Michigan last updated?
Prices and availability in Michigan were last updated on 18 Jun 2026.
What are the best apartments in Michigan?
The best apartments in Michigan are: Beekman on Broadway, The Residences Water Square, The BLVD at Wilson Crossings, Dover Hills Apartments and Eastwood Village Apartments.
What type of rental buildings are in Michigan?
In Michigan, 27% of the residents are renting compared to 73% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 12% of Michigan's rentals, 55% are small-scale complexes with under 50 units, and 29% are single-family rentals.
Your search for apartments in Michigan under $500 stops here
Finding apartments for rent in Michigan for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 166 available units in Michigan, renting for under $500. On average, $476 can get you 947 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
We’ll help you find the best rental near you
Having to compromise on either price or location can turn your “apartments near me under $500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $500 in Michigan goes for $200 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.