Cheap Apartments for Rent in the Elmwood Eastern Market Lafayette Park Neighborhood of Detroit, MI from $400 (32 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.

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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
  • Utilities Included
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Palms Apartments
2 Bedroom Apartments

Palms Apartments

1001 E Jefferson AveDetroit, MI 48207
  • Utilities Included

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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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 1 Bed unit found at 55+ Friendship Meadows (Senior Housing) priced from $479. New Cadillac Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Elmwood Eastern Market Lafayette Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
55+ Friendship Meadows (Senior Housing)1x11BR,1BA$479
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Pasadena Investments LLCST/1BStudio,1BA$800
Regency TowersStudio AStudio,1BA$840
Manchester ApartmentsStudio 1 BathroomStudio,1BA$845
City Place DetroitStudio ApartmentStudio,1BA$900
City Club Apartments Lafayette ParkA4 Aff1BR,1BA$965
Central ParkOne Bedroom1BR,1BA$995
The PavilionLafayetteStudio,1BA$1,013
Lafayette TowersCobo1BR,1BA$1,092

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

As of May 12, 2025 the best value apartment in the Elmwood Eastern Market Lafayette Park 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 Elmwood Eastern Market Lafayette Park apartment is the Rooftop - 3/2 Model at River Place starting at $2,100 with a $1.68 price per square foot in the Downtown Detroit 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.
Broadway Lofts2A2BR,2BA$1.47
River PlaceRooftop - 3/23BR,2BA$1.68
743 Beaubien St, Unit 303743 Beaubien StStudio ,1BA$1.35
Palms East1 Bedroom w/Loft1BR,1.5BA$1.60
Central ParkTwo Bedroom2BR,1BA$1.66
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.43
55+ Friendship Meadows (Senior Housing)2x12BR,1BA$1.45
Lafayette TowersFisher1BR,1BA$1.48
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 $479 at 55+ Friendship Meadows (Senior Housing).

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 $1,171 at 55+ Friendship Meadows (Senior Housing).

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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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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