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Apartments for Rent in Michigan under $500 – 244 Rentals available

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Michigan Demographics

  • Total Population9,925,531
  • Female 4,880,557
    Male 5,044,974
  • Median Age43

Average Rent in Michigan

  • Michigan Average Rental Price, May 2019$969/mo

Michigan Apartment Rent Ranges

  • < $5001%
  • $501-$70019%
  • $701-$1,00048%
  • $1,001-$1,50024%
  • $1,501-$2,0006%
  • > $2,0002%

Michigan Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Michigan $875 $893 $905 $908 $926 $937 $937 $938 $969
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Michigan Households

  • Total Number of Households3,888,626
  • Family 2,509,598
    Non-family 1,379,028
  • Children 1,142,299
    No Children 2,746,327
  • Average People Per Household2.46
  • Median Household Income$49,680
  • Median Housing Costs Per Month$771

Michigan Education Statistics

  • No High School3%
  • Some High School36%
  • Some College28%
  • Associate Degree9%
  • Bachelor Degree16%
  • Graduate Degree9%

Renting apartments in Michigan under $500

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RENTCafé offers you 213 apartments for rent in Michigan from 70 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.

Finding the best rental near you

Michigan is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $280 in Michigan, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RENTCafé.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!