Cheap Apartments for Rent in the Riverfront Neighborhood of Detroit, MI from $400 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverfront 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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14th Street Lofts
1 to 2 Bedroom Apartments

14th Street Lofts

2101 W Lafayette BlvdDetroit, MI 48216
  • Utilities Included
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Coat Factory Lofts
Studio Apartments

Coat Factory Lofts

1652 W Fort StDetroit, MI 48216
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The Malcomson
2 to 3 Bedroom Apartments

The Malcomson

1215 Griswold StDetroit, MI 48226
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Security Trust Lofts
Studio to 2 Bedroom Apartments

Security Trust Lofts

735 Griswold StDetroit, MI 48226
  • Utilities Included
property at 263 Curry Ave

263 Curry Ave

WindsorONN9B 2B4
property at 491 Elm Ave

491 Elm Ave

WindsorONN9A 5H2
property at 524 Pitt St W

524 Pitt St W

WindsorONN9A 5M2
property at 277 Curry Ave

277 Curry Ave

WindsorONN9B 2B4
Showing Results 1-43, Page 1 of 1

Riverfront, Detroit, MI Local Guide

Cheapest Available Riverfront Apartments for Rent

 

The cheapest available apartment rental in the Riverfront 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 Riverfront 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
Wabash FlatsCorktown Studio in clean, renovated historic bu...Studio,1BA$850
The Brooke on BagleyStudio / 1 BathStudio,1BA$1,295
Left FieldStudioStudio,1BA$1,344
University Ave Apartments WindsorOne Bedroom Apartment1BR,1BA$1,345
First Place ApartmentsOne Bedroom Apartment1BR,1BA$1,345
Riverfront TowersThe Lafayette1BR,1BA$1,348
Kasa Cadillac Square DetroitStudio - QueenStudio,1BA$1,350
The FarwellX03-68Studio,1BA$1,395

Best Value Apartments for Rent in Riverfront, MI

As of April 15, 2025 the best value apartment in the Riverfront area is the $2.16 price per square foot 2 Bed 2 Bath "D" Model at The Griswold in the in the Necklace District neighborhood starting from $2,375. The second greatest value Riverfront apartment is the 2 Bedroom(s) and 2 Bathroom(s) Model at Carnegie starting at $1,965 with a $1.88 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Riverfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Griswold2 Bed 2 Bath "D"2BR,2BA$2.16
Carnegie2 Bedroom(s) and 2 Bathroom(s)2BR,2BA$1.88
The Millie on BrushA3p - Premium1BR,1BA$1.85
Millwood Place ApartmentsTwo Bedroom Apartment2BR,1BA$1.77
Capitol Park LoftsX071BR,1BA$2.17
Riverfront TowersThe Lafayette1BR,1BA$1.95
University Ave Apartments WindsorOne Bedroom Apartment1BR,1BA$2.11
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Town ResidencesS12Studio ,1BA$2.09
Wabash FlatsCorktown Studio in clean, renovated historic bu...Studio ,1BA$1.89

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Pet Friendly Lifestyle
Riverfront, Detroit, MI

Ranked #29

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 proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Michigan and customized analysis for Detroit, Michigan. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Getting Around the Riverfront Neighborhood in Detroit, MI

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Riverfront Apartments

What is a cheap apartment in Riverfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverfront is under $1,395.

What is the price of a cheap apartment in Riverfront?

The cheapest apartment in Riverfront is New Cadillac Square Apartments which is listed at $935, while the average apartment in Riverfront costs $3,430.

What types of apartments are the cheapest in Riverfront?

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 2 regular apartments in Riverfront 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.

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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.