Cheap Homes for Rent in Riverfront Neighborhood of Detroit, MI from $800 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Riverfront area of Detroit.

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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

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

Best Value Apartments for Rent in Riverfront, MI

As of April 15, 2025 the best value apartment in the Riverfront area is the $1.88 price per square foot 2 Bedroom(s) and 2 Bathroom(s) Model at Carnegie in the in the Downtown Detroit neighborhood starting from $1,965. The second greatest value Riverfront apartment is the A2p - Premium Model at The Millie on Brush starting at $1,765 with a $1.91 price per square foot in the Necklace District 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.
Carnegie2 Bedroom(s) and 2 Bathroom(s)2BR,2BA$1.88
The Millie on BrushA2p - Premium1BR,1BA$1.91
Millwood Place ApartmentsTwo Bedroom Apartment2BR,1BA$1.77
The Griswold1 Bed 1 Bath "B"1BR,1BA$2.12
Capitol Park LoftsX071BR,1BA$2.17
University Ave Apartments WindsorOne Bedroom Apartment1BR,1BA$2.11
Riverfront TowersWoodward1BR,1BA$2.18
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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Frequently Asked Questions about Riverfront

What type of rentals are currently available in Riverfront?

There are currently 139 Apartments for Rent in Riverfront, MI with pricing that ranges from $450 to $8,030. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverfront ranging from $850 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 $850 to $10,000 with an average monthly rent of $3,792.

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

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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

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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.