Cheap Apartments for Rent in the Elmwood Neighborhood of Detroit, MI from $600 (24 Rentals)

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

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Noel Village
1 to 3 Bedroom Apartments

Noel Village

2158 Chene StDetroit, MI 48207
  • Utilities Inc.
property at 641 McDougall

641 McDougall

DetroitMI48207
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Regency Place
1 to 2 Bedroom Apartments

Regency Place

1941 Chene CtDetroit, MI 48207
  • Utilities Inc.
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Palms Apartments
2 Bedroom Apartments

Palms Apartments

1001 E Jefferson AveDetroit, MI 48207
  • Utilities Inc.

Elmwood, Detroit, MI Local Guide

Cheapest Available Elmwood Apartments for Rent

 

The cheapest available apartment rental in the Elmwood area of Detroit, MI is a Studio unit found at Pasadena Investments LLC priced from $800. Regency Towers has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Elmwood apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Pasadena Investments LLCST/1BStudio,1BA$800
Regency TowersStudio AStudio,1BA$840
Manchester Apartments1 Bedroom 1 Bathroom1BR,1BA$895
City Place DetroitStudio ApartmentStudio,1BA$900
City Club Apartments Lafayette ParkA4 Aff1BR,1BA$965

Best Value Apartments for Rent in Elmwood, MI

As of March 12, 2025 the best value apartment in the Elmwood 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 apartment is the 2 bedroom 1 Bathroom Model at El Tovar Apartments starting at $1,295 with a $1.36 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceRooftop - 3/23BR,2BA$1.68
El Tovar Apartments2 bedroom 1 Bathroom2BR,1BA$1.36
Palms East1 Bedroom w/Loft1BR,1.5BA$1.60
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.36
Jean RivardThe Quarter1BR,1BA$1.38
Lafayette TowersFisher1BR,1BA$1.48
Manchester Apartments2 Bedroom 1 Bathroom2BR,1BA$1.75
Central ParkOne Bedroom1BR,1BA$1.84
Elmwood TowerOne Bedroom1BR,1BA$1.82
Pasadena Investments LLCST/1BStudio ,1BA$1.60

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Pet Friendly Lifestyle
Elmwood, Detroit, MI

Ranked #37

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

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Elmwood, Detroit, and the greater Detroit area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the Elmwood Neighborhood in Detroit, MI

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Elmwood Apartments

What is the Cheapest Studio apartment in Elmwood?

Currently the most affordable Cheap Studio Apartment in Elmwood is at Pasadena Investments LLC listed at $800.

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

The lowest price for a Cheap One Bedroom Elmwood Apartment is $895 at Manchester Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $1,225 at Manchester Apartments.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at River Place and starts from $2,100.

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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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.