Cheap Apartments for Rent in the Necklace District Detroit, MI from $700 (70 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in the Necklace District area of Detroit.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article

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

Read Article
Showing Results 1-50, Page 1 of 2

Necklace District, Detroit, MI Local Guide

Cheapest Available Necklace District Apartments for Rent

 

The cheapest available apartment rental in the Necklace District 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 Necklace District 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
The Rochelle aka Fourth WillisStudioStudio,1BA$850
City Place DetroitStudio ApartmentStudio,1BA$900
Central ParkOne Bedroom1BR,1BA$995
Briggs HouzeStudioStudio,1BA$999
The Charlotte Apartments0BR/1.0BAStudio,1BA$1,000
BrainardOne Bedroom1BR,1BA$1,005
The PavilionLafayetteStudio,1BA$1,013

Best Value Apartments for Rent in Necklace District, MI

As of May 03, 2025 the best value apartment in the Necklace District 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 Necklace District apartment is the Two Bedroom Apartment Model at Lafayette Park Place - Detroit, MI starting at $1,500 with a $1.50 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Necklace District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Lofts2A2BR,2BA$1.47
Lafayette Park Place - Detroit, MITwo Bedroom Apartment2BR,1.5BA$1.50
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
The Millie on BrushA3d - Deluxe1BR,1BA$1.83
Palms East1 Bedroom w/Loft1BR,1.5BA$1.60
Central ParkTwo Bedroom2BR,1BA$1.66
Lafayette TowersFisher1BR,1BA$1.48
The CommodoreB1 Furnished 1 Bdrm Apt.1BR,1BA$1.52
Devenir District- 711 W Alexandrine1 Bed, 1 bath1BR,1BA$1.60
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Necklace District, Detroit, MI

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

This website compares millions of points of data to bring you Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Central Detroit, MI. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Necklace District Apartments

What is a cheap apartment in Necklace District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Necklace District is under $1,013.

What is the price of a cheap apartment in Necklace District?

The cheapest apartment in Necklace District is New Cadillac Square Apartments which is listed at $935, while the average apartment in Necklace District costs $3,290.

What types of apartments are the cheapest in Necklace District?

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 39 regular apartments in Necklace District 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.

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.