
Apartments for Rent in the Waterfront Neighborhood of Detroit, MI Under $1,500 (30 Rentals)


Lafayette West Apartments

Orleans Landing

DuCharme Place Apartments

The Millie on Brush

The Pavilion
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Lafayette Park Place - Detroit, MI

Central Park

Lafayette Towers

City Club Apartments Lafayette Park

Regency Towers

Manchester Apartments
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.

Jean Rivard

Circle Drive Commons

Pasadena Investments LLC

Parkview Senior Apartments

Prince Hall
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.

Chene Park Commons

1565 Cherboneau Pl
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
Waterfront, Detroit, MI Local Guide

How much does it cost to rent an apartment in Waterfront?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterfront Studio Apartments | $1,167 | $800 | $2,145 |
Waterfront 1 Bedroom Apartments | $1,448 | $878 | $2,570 |
Waterfront 2 Bedroom Apartments | $2,327 | $1,040 | $5,500 |
Waterfront 3 Bedroom Apartments | $2,650 | $1,471 | $4,195 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 1 mile radius of the Waterfront Neighborhood of Detroit, MI.
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Waterfront, Detroit, MI Local Guide
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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 Waterfront
How much are Studio apartments in Waterfront?
There are currently 20 Studio Apartments in Waterfront with rent ranges from $800 to $2,145 with an average price of $1,167.
What is the current price range for One Bedroom Waterfront Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Waterfront ranges from $878 to $2,570 with an average monthly rent of $1,448.
What does renting a Two Bedroom Apartment in Waterfront cost?
The monthly rent prices of Two Bedroom Apartments currently available in Waterfront range from $1,040 to $5,500. Today's average rental price for Two Bedrooms here is $2,327.
How expensive are Waterfront Three Bedroom Apartments?
There are currently 20 Three Bedroom Apartments listings available in Waterfront on ApartmentHomeLiving.com. The pricing ranges from $1,471 to $4,195 - averaging $2,650 for the location.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.