Apartments for Rent in Michigan under $500
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62 units availableStudio $212Base rent1600 South 30Th Street, Escanaba, MI 49829Apply online -
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16 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 1 unit left1 bd $453Base rent4.5 (8)8107 Kirkridge St., Belleville, MI 48111Apply online • Pet friendly -
Only 1 unit left1 bd $460Base rent1445 South M52, Owosso, MI 48867Apply online • Pet friendly -
Ask for Pricing4.5 (11)15345 Venlo Drive, Big Rapids, MI 49307Pet friendly • Parking • Fitness center
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2 bd $466+Base rent3.0 (1)1130 Beech Street, East Lansing, MI 48823Pet 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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1 bd $500+Base rent4.5 (2)430 Glenmoor Road, East Lansing, MI 48823Cat friendly • Parking • Fitness center
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2 bd $488Base rent3.5 (3)2771 Northwind Drive, East Lansing, MI 48823Pet friendly • In unit laundry • Dishwasher
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2 bd $500+Base rent4.0 (4)295 Arbor Glen Drive, East Lansing, MI 48823Pet friendly • Parking • Fitness center
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3 bd $485+5 bd $415+6 bd $430+Base rent4.5 (8)3201 Michigamme Woods Drive, Kalamazoo, MI 49006Pet friendly • Fitness center • Pool
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2 bd $450+Base rent3.5 (2)136 Reniger Court, East Lansing, MI 48823Parking • Fitness center • Pool
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1 bd $500+Base rent5.0 (1)1732 Cambria Dr., East Lansing, MI 48823Pet friendly • In unit laundry • Dishwasher
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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 $474+Base rent1547 North Hagadorn Road, East Lansing, MI 48823Pet friendly • Parking • Pool
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2 bd $356+Base rent1850 Abbot Road, East Lansing, MI 48823Pet friendly • Parking • In unit laundry
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2 bd $500+Base rent4965 Campus Hill Drive, Okemos, MI 48864Pet friendly • Parking • Pool
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2 bd $314+Base rent1242 Haslett Road, East Lansing, MI 48823Pet friendly • Parking • Pool
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Ask for pricing4.0 (6)70 W. Alexandrine St., Detroit, MI 48201Pet friendly
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2 bd $452+Base rent4632 S. Hagadorn Rd., East Lansing, MI 48823Pet friendly • Fitness center • Pool
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2 bd $338+Base rent233/235 Delta Street, East Lansing, MI 48823Parking • In unit laundry • Dishwasher
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2 bd $400+Base rent414 Michigan Avenue, East Lansing, MI 48823Parking • In unit laundry • Dishwasher
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2 bd $498+Base rent3.0 (6)1700 East Grand River, East Lansing, MI 48823Pet friendly • Parking • Fitness center
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1 bd $490Base rent4.5 (10)124 Alfred St, Detroit, MI 48201Pet friendly • Fitness center • Patio/Balcony
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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 3 Aug 2026.
What are the best apartments in Michigan?
The best apartments in Michigan are: Beekman on Broadway, The Residences Water Square, Three Oaks Apartments, Forest Glen Townhomes and The BLVD at Wilson Crossings.
What type of rental buildings are in Michigan?
In Michigan 27% of the housing is rented out compared to 73% of homes are owned, according to the most recent Census Bureau estimates. 12% of Michigan's apartments are found in large buildings of 50 units or more, 55% are located in smaller apartment complexes with less than 50 units, and 29% are single-family rentals.
Renting apartments in Michigan under $500
Searching for apartments for rent in Michigan under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Michigan, where the average rent is $438 per month, there are 112 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.
We’ll help you find the cheapest rental near you
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Michigan. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Michigan going for $200 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.