Cheap Apartments for Rent in the Downtown Detroit Neighborhood of Detroit, MI from $400 (165 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Check Out Detroit’s Best Affordable Neighborhoods

Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown

Downtown Detroit, Detroit, MI Local Guide

Cheapest Available Downtown Detroit Apartments for Rent

 

The cheapest available apartment rental in the Downtown Detroit area of Detroit, MI is a 1 Bed unit found at 55+ Friendship Meadows (Senior Housing) priced from $479. 71 Garfield St has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Downtown Detroit apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
55+ Friendship Meadows (Senior Housing)1x11BR,1BA$479
71 Garfield StStudio, 1 bathStudio,1BA$700
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Town ResidencesS3Studio,1BA$800
Pasadena Investments LLCST/1BStudio,1BA$800
The BarbaraStudio 1 BathroomStudio,1BA$825
Regency TowersStudio AStudio,1BA$840
Manchester ApartmentsStudio 1 BathroomStudio,1BA$845
Heather HallStudio 1 BathroomStudio,1BA$845
Villa Lante ApartmentsOne Bedroom One Bathroom1BR,1BA$850

Best Value Apartments for Rent in Downtown Detroit, MI

As of April 27, 2025 the best value apartment in the Downtown Detroit area is the $1.47 price per square foot 2A Model at Broadway Lofts in the in the Necklace District neighborhood starting from $2,650. The second greatest value Downtown Detroit apartment is the Two Bedroom Model at Westwill Apartments starting at $1,580 with a $1.13 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Downtown Detroit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Lofts2A2BR,2BA$1.47
Westwill ApartmentsTwo Bedroom2BR,1BA$1.13
The Murray1 Bed/1 Bath1BR,1BA$1.12
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
El Tovar Apartments2 bedroom 1 Bathroom2BR,1BA$1.36
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.43
55+ Friendship Meadows (Senior Housing)2x12BR,1BA$1.45
Lafayette TowersFisher1BR,1BA$1.48
Sheridan CourtStudioStudio ,1BA$1.42
71 Garfield StStudio, 1 bathStudio ,1BA$1.40

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Detroit, Detroit, MI

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Michigan, 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 searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendliness, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Detroit Apartments

What is the Cheapest Studio apartment in Downtown Detroit?

Currently the most affordable Cheap Studio Apartment in Downtown Detroit is at 71 Garfield St listed at $700.

How much is rent for a Cheap One Bedroom Downtown Detroit Apartment?

The lowest price for a Cheap One Bedroom Downtown Detroit Apartment is $479 at 55+ Friendship Meadows (Senior Housing).

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Detroit is starting from $1,025 at Corktown Ash Apartments.

What is the most affordable Downtown Detroit Three Bedroom Apartment?

The best deal on a cheap Downtown Detroit Three Bedroom Apartment rental is at 71 Garfield St and starts from $1,400.

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.

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.