Cheap Apartments for Rent in the Downtown Neighborhood of Detroit, MI from $700 (59 Rentals)

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Cheap Apartments in the Downtown area of Detroit.

Navigating the Rental Market: Tips for First-Time Renters

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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.

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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

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14th Street Lofts
1 to 2 Bedroom Apartments

14th Street Lofts

2101 W Lafayette BlvdDetroit, MI 48216
  • Utilities Included
Showing Results 1-50, Page 1 of 2

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 New Cadillac Square Apartments priced from $795. Town Residences has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Downtown apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Town ResidencesS3Studio,1BA$800
Heather HallStudio 1 BathroomStudio,1BA$845
Wabash FlatsCorktown Studio in clean, renovated historic bu...Studio,1BA$850
City Place DetroitStudio ApartmentStudio,1BA$900
Briggs HouzeStudioStudio,1BA$999
The Charlotte Apartments0BR/1.0BAStudio,1BA$1,000
The PavilionLafayetteStudio,1BA$1,013
James Scott Mansion - Peak Midtown DetroitThe Vanguard1BR,1BA$1,025
Corktown Ash ApartmentsStandard2BR,1BA$1,025

Best Value Apartments for Rent in Downtown, MI

As of May 03, 2025 the best value apartment in the Downtown 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 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.
Broadway Lofts2A2BR,2BA$1.47
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
The Millie on BrushA3d - Deluxe1BR,1BA$1.83
The FergusonThe VernorStudio ,1BA$2.07
Corktown Ash ApartmentsLoft2BR,1BA$2.00
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$1.84
Wabash FlatsCorktown Studio in clean, renovated historic bu...Studio ,1BA$1.89
Town ResidencesS3Studio ,1BA$2.00

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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 $1,025.

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 17 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.

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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.