Cheap Homes for Rent in Downtown Detroit Neighborhood of Detroit, MI from $800 (12 Rentals)

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

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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

Best Value Apartments for Rent in Downtown Detroit, MI

As of April 25, 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

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Frequently Asked Questions about Downtown Detroit

What type of rentals are currently available in Downtown Detroit?

There are currently 596 Apartments for Rent in Downtown Detroit, MI with pricing that ranges from $450 to $7,980. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Detroit ranging from $850 to $10,000.

What is the current price range for Rental Homes in Downtown Detroit?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Detroit ranges from $850 to $10,000 with an average monthly rent of $3,395.

How much are larger Three and Four Bedroom Rentals in Downtown Detroit?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Detroit range from $950 to $7,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,800.

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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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.

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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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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.