Cheap Apartments for Rent in the Downtown Neighborhood of Detroit, MI from $700 (61 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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property at 310 Gratiot Ave

310 Gratiot Ave

DetroitMI48226
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14th Street Lofts
1 to 2 Bedroom Apartments

14th Street Lofts

2101 W Lafayette BlvdDetroit, MI 48216
  • Utilities Included
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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
The PavilionLafayetteStudio,1BA$994
CBD Detroit ApartmentsStudio Affordable Program Nn-AFFStudio,1BA$996
Briggs HouzeStudioStudio,1BA$999
The AmoThe CliffordStudio,1BA$1,000

Best Value Apartments for Rent in Downtown, MI

As of March 25, 2025 the best value apartment in the Downtown area is the $1.65 price per square foot The Oakman Model at The Ferguson in the in the Necklace District neighborhood starting from $2,145. The second greatest value Downtown apartment is the 1bed/ 1bath Model at The Claridge Apartments starting at $1,350 with a $1.36 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 FergusonThe Oakman1BR,1BA$1.65
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
The Millie on BrushA3p - Premium1BR,1BA$1.85
Corktown Ash ApartmentsLoft2BR,1BA$2.00
Jean RivardThe Quarter1BR,1BA$1.38
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 a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,000.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is New Cadillac Square Apartments which is listed at $935, while the average apartment in Downtown costs $3,500.

What types of apartments are the cheapest in Downtown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 436 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown?

Cheap apartments in Downtown have an average cost of $210 which is $3,290 cheaper than the average rent for all rentals in Downtown.

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

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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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