Cheap Apartments for Rent in the Downtown Neighborhood of Detroit, MI from $700 (60 Rentals)

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

Check Out Detroit’s Best Affordable Neighborhoods

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

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14th Street Lofts
1 to 2 Bedroom Apartments

14th Street Lofts

2101 W Lafayette BlvdDetroit, MI 48216
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Downtown, Detroit, MI Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Detroit, MI is a Studio unit found at Philip Houze priced from $700. Heather Hall has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Downtown apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Philip HouzeStudioStudio,1BA$700
Heather HallStudio 1 BathroomStudio,1BA$795
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Wabash FlatsCorktown Studio in clean, renovated historic bu...Studio,1BA$850
Town ResidencesStudio (S3)Studio,1BA$870
City Place DetroitStudio ApartmentStudio,1BA$900
Briggs HouzeStudioStudio,1BA$950
The PavilionAntietamStudio,1BA$991
28GrandUnit A - ADAStudio,1BA$995
CBD Detroit ApartmentsStudio Affordable Program Nn-AFFStudio,1BA$996

Best Value Apartments for Rent in Downtown, MI

As of March 13, 2025 the best value apartment in the Downtown area is the $1.89 price per square foot Bp - Premium Model at The Millie on Brush in the in the Necklace District neighborhood starting from $1,930. The second greatest value Downtown apartment is the A5 Model at The Elliott Building starting at $1,875 with a $1.96 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Millie on BrushBp - Premium2BR,1BA$1.89
The Elliott BuildingA51BR,1BA$1.96
Corktown Ash ApartmentsLoft2BR,1BA$2.00
Jean RivardThe Quarter1BR,1BA$1.38
The Claridge Apartments1bed/ 1bath Penthouse1BR,1BA$1.67
Philip Houze1 Bedroom1BR,1BA$1.96
Millwood Place ApartmentsOne Bedroom Apartment1BR,1BA$1.99
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Heather HallStudio 1 BathroomStudio ,1BA$1.73
Wabash FlatsCorktown Studio in clean, renovated historic bu...Studio ,1BA$1.89

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Pet Friendly Lifestyle
Downtown, Detroit, MI

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Apartments

What is the Cheapest Studio apartment in Downtown?

Currently the most affordable Cheap Studio Apartment in Downtown is at Philip Houze listed at $700.

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

The lowest price for a Cheap One Bedroom Downtown Apartment is $935 at New Cadillac Square Apartments.

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

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

What is the most affordable Downtown Three Bedroom Apartment?

The best deal on a cheap Downtown Three Bedroom Apartment rental is at CBD Detroit Apartments and starts from $3,970.

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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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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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.