
Cheap Homes for Rent in Riverfront Neighborhood of Detroit, MI from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverfront area of Detroit.


187 California Av

423 Wellington Ave

111 Riverside Dr E
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
Riverfront, Detroit, MI Local Guide

How much does it cost to rent a home in Riverfront?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Riverfront 2 Bedroom Homes for Rent | $2,178 | $950 | $3,400 |
Riverfront 3 Bedroom Homes for Rent | $2,850 | $1,800 | $3,900 |
Riverfront 4 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Riverfront 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Riverfront Neighborhood of Detroit, MI.
Explore Detroit
Riverfront, Detroit, MI Local Guide
- Nearby Detroit neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Wabash Flats has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Riverfront 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 |
Wabash Flats | Corktown Studio in clean, renovated historic bu... | Studio,1BA | $850 |
Town Residences | S3 | Studio,1BA | $870 |
Best Value Apartments for Rent in Riverfront, MI
As of March 27, 2025 the best value apartment in the Riverfront area is the $2.14 price per square foot The Robertson - 2 Bed 2 Bath Model at Elton Park Corktown Apartments in the in the Necklace District neighborhood starting from $2,654. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Elton Park Corktown Apartments | The Robertson - 2 Bed 2 Bath | 2BR,2BA | $2.14 |
Carnegie | 2 Bedroom(s) and 2 Bathroom(s) | 2BR,2BA | $1.88 |
The Millie on Brush | A3p - Premium | 1BR,1BA | $1.85 |
The Checker Building | The Checker - 1 Bed 1 Bath | 1BR,1BA | $2.20 |
Capitol Park Lofts | X07 | 1BR,1BA | $2.17 |
Millwood Place Apartments | One Bedroom Apartment | 1BR,1BA | $1.99 |
New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
Riverfront Towers | The Gratiot | 1BR,1BA | $2.43 |
Wabash Flats | Corktown Studio in clean, renovated historic bu... | Studio ,1BA | $1.89 |
Detroit Savings Bank | X06 | Studio ,1BA | $2.62 |
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 Riverfront
What type of rentals are currently available in Riverfront?
There are currently 140 Apartments for Rent in Riverfront, MI with pricing that ranges from $450 to $8,290. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverfront ranging from $900 to $10,000.
What is the current price range for Rental Homes in Riverfront?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverfront ranges from $900 to $10,000 with an average monthly rent of $3,719.
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.