
Cheap Homes for Rent in Lafayette Park Neighborhood of Detroit, MI from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Lafayette Park area of Detroit.


310 Gratiot Ave

310 Gratiot Ave

310 Gratiot Ave

310 Gratiot Ave

310 Gratiot Ave

310 Gratiot Ave
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
Lafayette Park, Detroit, MI Local Guide

How much does it cost to rent a home in Lafayette Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lafayette Park 2 Bedroom Homes for Rent | $2,519 | $1,350 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Lafayette Park Neighborhood of Detroit, MI.
Explore Detroit
Lafayette Park, Detroit, MI Local Guide
- Nearby Detroit neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lafayette Park Apartments for Rent
 The cheapest available apartment rental in the 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 Lafayette Park apartments for rent in Detroit, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
New Cadillac Square Apartments | Studio / One Bathroom ($795) | Studio,1BA | $795 |
Pasadena Investments LLC | ST/1B | Studio,1BA | $800 |
Manchester Apartments | Studio 1 Bathroom | Studio,1BA | $845 |
Best Value Apartments for Rent in Lafayette Park, MI
As of April 09, 2025 the best value apartment in the 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 Lafayette Park apartment is the Floorplan E Model at The Kales Building starting at $1,539 with a $1.40 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Lafayette Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Place | Rooftop - 3/2 | 3BR,2BA | $1.68 |
The Kales Building | Floorplan E | 1BR,1BA | $1.40 |
The Claridge Apartments | 1bed/ 1bath | 1BR,1BA | $1.36 |
Palms East | 1 Bedroom w/Loft | 1BR,1.5BA | $1.60 |
Lafayette Park Place - Detroit, MI | One Bedroom | 1BR,1BA | $1.43 |
Lafayette Towers | Fisher | 1BR,1BA | $1.48 |
Manchester Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.71 |
New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
Elmwood Tower | One Bedroom | 1BR,1BA | $1.82 |
Pasadena Investments LLC | ST/1B | Studio ,1BA | $1.60 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Lafayette Park
What type of rentals are currently available in Lafayette Park?
There are currently 139 Apartments for Rent in Lafayette Park, MI with pricing that ranges from $479 to $7,690. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette Park ranging from $1,350 to $3,500.
What is the current price range for Rental Homes in Lafayette Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lafayette Park ranges from $1,350 to $3,500 with an average monthly rent of $2,259.
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.

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.

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.

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.

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.