Cheap Apartments for Rent in the Waterfront Neighborhood of Detroit, MI from $600 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterfront area of Detroit.

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Islandview Apartments
Studio to 2 Bedroom Apartments

Islandview Apartments

445 Field StDetroit, MI 48214
Utilities inc.
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Noel Village
1 to 3 Bedroom Apartments

Noel Village

2158 Chene StDetroit, MI 48207
Utilities inc.
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Regency Place
1 to 2 Bedroom Apartments

Regency Place

1941 Chene CtDetroit, MI 48207
Utilities inc.
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Palms Apartments
2 Bedroom Apartments

Palms Apartments

1001 E Jefferson AveDetroit, MI 48207
Utilities inc.
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705 McDougall
$1,3502 Bedroom, 1 Bath RentalsAvailable Now

705 McDougall

Detroit, MI 48207
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3134 E Lafayette St
$1,3502 Bedroom, 1 Bath RentalsAvailable Now

3134 E Lafayette St

Detroit, MI 48207
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6533 E Jefferson Ave
$1,4001 Bedroom, 1 Bath RentalsAvailable Now

6533 E Jefferson Ave

Detroit, MI 48207
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Waterfront, Detroit, MI Local Guide

Cheapest Available Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Waterfront area of Detroit, MI is a 1 Bed unit found at Elmwood Tower priced from $750. Pasadena Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Waterfront apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Elmwood TowerOne Bedroom1BR,1BA$750
Pasadena ApartmentsST/1B1BR,1BA$800
Manchester Apartments1 Bedroom 1 Bathroom1BR,1BA$800
Regency TowersStudio AStudio,1BA$875
City Place DetroitStudio ApartmentStudio,1BA$900
City Club Apartments Lafayette ParkA4 Aff1BR,1BA$965
The PavilionLafayetteStudio,1BA$999
Lafayette TowersCobo1BR,1BA$1,092
Palms EastGarden 1 Bedroom1BR,1BA$1,100
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1,160

Best Value Apartments for Rent in Waterfront, MI

As of February 21, 2025 the best value apartment in the Waterfront 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 Waterfront apartment is the One Bedroom Model at Lafayette Park Place - Detroit, MI starting at $1,160 with a $1.36 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceRooftop - 3/23BR,2BA$1.68
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.36
Jean RivardThe Quarter1BR,1BA$1.40
Lafayette TowersFisher1BR,1BA$1.48
Palms EastBalcony1BR,1BA$1.55
Manchester Apartments2 Bedroom 1 Bathroom2BR,1BA$1.83
Central ParkOne Bedroom1BR,1BA$1.84
Elmwood TowerOne Bedroom1BR,1BA$1.25
City Club Apartments Lafayette ParkA11BR,1BA$1.90
Pasadena ApartmentsST/1BStudio ,1BA$1.60

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Pet Friendly Lifestyle
Waterfront, Detroit, MI

Ranked #37

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

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Detroit. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Waterfront Apartments

What is the Cheapest Studio apartment in Waterfront?

Currently the most affordable Cheap Studio Apartment in Waterfront is at Pasadena Apartments listed at $800.

How much is rent for a Cheap One Bedroom Waterfront Apartment?

The lowest price for a Cheap One Bedroom Waterfront Apartment is $750 at Elmwood Tower.

What is the lowest price for a Cheap Two Bedroom Waterfront Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterfront is starting from $1,278 at Manchester Apartments.

What is the most affordable Waterfront Three Bedroom Apartment?

The best deal on a cheap Waterfront Three Bedroom Apartment rental is at River Place and starts from $2,100.

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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