Cheap Apartments for Rent in the CBD Neighborhood of Detroit, MI from $700 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the CBD area of Detroit.

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Coat Factory Lofts
Studio Apartments

Coat Factory Lofts

1652 W Fort StDetroit, MI 48216
Utilities inc.
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Broderick Tower
Studio to 2 Bedroom Apartments

Broderick Tower

10 Witherell StDetroit, MI 48226
Utilities inc.
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Palms Apartments
2 Bedroom Apartments

Palms Apartments

1001 E Jefferson AveDetroit, MI 48207
Utilities inc.
Showing Results 1-50, Page 1 of 2

CBD, Detroit, MI Local Guide

Cheapest Available CBD Apartments for Rent

 

The cheapest available apartment rental in the CBD area of Detroit, MI is a Studio unit found at City Place Detroit priced from $900. Briggs Houze has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable CBD apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
City Place DetroitStudio ApartmentStudio,1BA$900
Briggs HouzeStudioStudio,1BA$950
Town ResidencesStudio (S8)Studio,1BA$965
New Cadillac Square ApartmentsOne Bedroom / One Bathroom1BR,1BA$995
Heather HallStudio 1 BathroomStudio,1BA$995
CBD Detroit ApartmentsStudio Affordable Program Nn-AFFStudio,1BA$996
The PavilionLafayetteStudio,1BA$999
28GrandUnit DStudio,1BA$1,000
The Fyfe ApartmentsS1 (Studio / One Bathroom)Studio,1BA$1,035
The FarwellX01-38Studio,1BA$1,070

Best Value Apartments for Rent in CBD, MI

As of February 27, 2025 the best value apartment in the CBD area is the $1.85 price per square foot 8th Street Row - 3 Bed 2.5 Bath Model at 8th Street Row in the in the Necklace District neighborhood starting from $3,275. The second greatest value CBD apartment is the The Rivard - Loft Model at Jean Rivard starting at $1,515 with a $1.20 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for CBD apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8th Street Row8th Street Row - 3 Bed 2.5 Bath3BR,2.5BA$1.85
Jean RivardThe Rivard - Loft2BR,2BA$1.20
The Millie on BrushBp - Premium2BR,1BA$1.89
The Elliott BuildingA31BR,1BA$1.96
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.36
Lafayette TowersGuardian1BR,1BA$1.48
The Claridge Apartments1bed/ 1bath Penthouse1BR,1BA$1.67
Palms EastBalcony1BR,1BA$1.55
New Cadillac Square ApartmentsOne Bedroom / One Bathroom1BR,1BA$1.53
Central ParkOne Bedroom1BR,1BA$1.84

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Pet Friendly Lifestyle
Cbd, Detroit, MI

Ranked #8

Among neighborhoods in Detroit, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Detroit. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap CBD Apartments

What is the Cheapest Studio apartment in CBD?

Currently the most affordable Cheap Studio Apartment in CBD is at City Place Detroit listed at $900.

How much is rent for a Cheap One Bedroom CBD Apartment?

The lowest price for a Cheap One Bedroom CBD Apartment is $995 at New Cadillac Square Apartments.

What is the lowest price for a Cheap Two Bedroom CBD Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in CBD is starting from $1,430 at Washington Park Apartments.

What is the most affordable CBD Three Bedroom Apartment?

The best deal on a cheap CBD Three Bedroom Apartment rental is at Elton Park Corktown Apartments and starts from $3,275.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.