Cheap Apartments for Rent in the Elmwood Eastern Market Lafayette Park Neighborhood of Detroit, MI from $400 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elmwood Eastern Market Lafayette Park 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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Noel Village
1 to 3 Bedroom Apartments

Noel Village

2158 Chene StDetroit, MI 48207
  • Utilities Included
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Regency Place
1 to 2 Bedroom Apartments

Regency Place

1941 Chene CtDetroit, MI 48207
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Palms Apartments
2 Bedroom Apartments

Palms Apartments

1001 E Jefferson AveDetroit, MI 48207
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property at 705 McDougall

705 McDougall

DetroitMI48207
Showing Results 1-31, Page 1 of 1

Elmwood Eastern Market Lafayette Park, Detroit, MI Local Guide

Cheapest Available Elmwood Eastern Market Lafayette Park Apartments for Rent

 

The cheapest available apartment rental in the Elmwood Eastern Market Lafayette Park area of Detroit, MI is a Studio unit found at New Cadillac Square Apartments priced from $795. Pasadena Investments LLC has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Elmwood Eastern Market Lafayette Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Pasadena Investments LLCST/1BStudio,1BA$800
Manchester ApartmentsStudio 1 BathroomStudio,1BA$845
Regency TowersStudio BStudio,1BA$875
City Place DetroitStudio ApartmentStudio,1BA$900
City Club Apartments Lafayette ParkA4 Aff1BR,1BA$965
Elmwood TowerOne Bedroom1BR,1BA$1,094
eXchange ApartmentsS2Studio,1BA$1,150
Palms EastGarden 1 Bedroom1BR,1BA$1,150
Lafayette TowersFisher1BR,1BA$1,158

Best Value Apartments for Rent in Elmwood Eastern Market Lafayette Park, MI

As of April 14, 2025 the best value apartment in the Elmwood Eastern Market Lafayette Park area is the $1.68 price per square foot Rooftop - 3/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $2,100. The second greatest value Elmwood Eastern Market Lafayette Park apartment is the A3p - Premium Model at The Millie on Brush starting at $1,755 with a $1.85 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Elmwood Eastern Market Lafayette Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceRooftop - 3/23BR,2BA$1.68
The Millie on BrushA3p - Premium1BR,1BA$1.85
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.43
Lafayette TowersFisher1BR,1BA$1.48
Palms EastBalcony1BR,1BA$1.62
Central ParkOne Bedroom1BR,1BA$1.84
Elmwood TowerOne Bedroom1BR,1BA$1.82
Manchester Apartments1 Bedroom 1 Bathroom1BR,1BA$1.71
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Pasadena Investments LLCST/1BStudio ,1BA$1.60

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Pet Friendly Lifestyle
Elmwood Eastern Market Lafayette Park, Detroit, MI

Ranked #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you Lifestyle Ratings of neighborhoods, areas, and rental properties across Michigan including Elmwood Eastern Market Lafayette Park, Detroit, and the greater Detroit area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Elmwood Eastern Market Lafayette Park Apartments

What is the Cheapest Studio apartment in Elmwood Eastern Market Lafayette Park?

Currently the most affordable Cheap Studio Apartment in Elmwood Eastern Market Lafayette Park is at New Cadillac Square Apartments listed at $795.

How much is rent for a Cheap One Bedroom Elmwood Eastern Market Lafayette Park Apartment?

The lowest price for a Cheap One Bedroom Elmwood Eastern Market Lafayette Park Apartment is $900 at Pasadena Investments LLC.

What is the lowest price for a Cheap Two Bedroom Elmwood Eastern Market Lafayette Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood Eastern Market Lafayette Park is starting from $1,491 at Lafayette Towers.

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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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.

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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.