Cheap Apartments for Rent in the Downtown Dearborn Neighborhood of Dearborn, MI from $500 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Dearborn area of Dearborn.

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West Warren Apartments
1 to 2 Bedroom Apartments

West Warren Apartments

10131 W Warren AveDearborn, MI 48126
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Guinan Building
Studio Apartments

Guinan Building

13350 Leonard StDearborn, MI 48126
  • Utilities Included
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Leonard Apartments
Studio Apartments

Leonard Apartments

4096 Calhoun StDearborn, MI 48126
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 17020 Raupp Rd

$895 - $945

1 Bedroom Rentals

Available Now

17020 Raupp Rd

MelvindaleMI48122

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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17790 Palmer ST
Studio to 1 Bedroom Apartments

17790 Palmer ST

17790 Palmer StMelvindale, MI 48122
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Melvindale Square
1 to 2 Bedroom Apartments

Melvindale Square

17250 Raupp StMelvindale, MI 48122
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Sunrise Place
1 Bedroom Apartments

Sunrise Place

8864 Schaefer HwyDetroit, MI 48228
Senior Living
  • Utilities Included
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14825 Joy Rd
1 Bedroom Apartments

14825 Joy Rd

14825 Joy RdDetroit, MI 48228
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Springwells Village
2 to 3 Bedroom Apartments

Springwells Village

8634-8640 Vernor HwyDetroit, MI 48209
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 8083 Mendota St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

8083 Mendota St

DetroitMI48204

Downtown Dearborn, Dearborn, MI Local Guide

Cheapest Available Downtown Dearborn Apartments for Rent

 

The cheapest available apartment rental in the Downtown Dearborn area of Dearborn, MI is a 1 Bed unit found at Dearborn Town Center Senior priced from $655. Oakwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Dearborn apartments for rent in Dearborn, MI:

Apartment ListingModel NameBed/BathPriced From
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$655
Oakwood ApartmentsOne Bedroom1BR,1BA$850
Pablo Davis Senior Living CenterOne Bedroom w/out vouchers1BR,1BA$865
Huron River DearbornUpgraded Studio1BR,1BA$895
City Hall Artist LoftsStudioStudio,1BA$1,010
Fairlane Meadow Apartments and TownhomesJasmine1BR,1BA$1,195
Springwells Park1 BED 1 BATH1BR,1BA$1,200
Allegria VillageOne Bedroom1BR,1BA$1,500

Best Value Apartments for Rent in Downtown Dearborn, MI

As of May 27, 2026 the best value apartment in the Downtown Dearborn area is the $0.80 price per square foot 8285 Indiana St Model at 8285 Indiana St, Unit Apt #1 Two Beds in the in the East Dearborn neighborhood starting from $1,350. The second greatest value Downtown Dearborn apartment is the Two Bedroom Model at Allegria Village starting at $2,600 with a $2.32 price per square foot in the Warrendale neighborhood. Here is today’s list of the best values for Downtown Dearborn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8285 Indiana St, Unit Apt #1 Two Beds8285 Indiana St2BR,1BA$0.80
Allegria VillageTwo Bedroom2BR,2BA$2.32
8535 Kentucky St, Unit Unit A8535 Kentucky St2BR,1BA$1.00
Huron River DearbornUpgraded StudioStudio ,1BA$0.99
Fairlane Meadow Apartments and TownhomesMimosa1BR,1BA$2.06
City Hall Artist LoftsStudioStudio ,1BA$1.38
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$1.04
Springwells Park1 BED 1 BATH1BR,1BA$1.96
Pablo Davis Senior Living CenterOne Bedroom w/out vouchers1BR,1BA$1.44
Oakwood ApartmentsOne Bedroom1BR,1BA$1.42

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Downtown Dearborn, Dearborn, and the greater Dearborn area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, apartment complexes for the kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Dearborn Apartments

What is the price of a cheap apartment in Downtown Dearborn?

The cheapest apartment in Downtown Dearborn is Dearborn Town Center Senior which is listed at $655, while the average apartment in Downtown Dearborn costs $2,107.

What types of apartments are the cheapest in Downtown Dearborn?

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 7 regular apartments in Downtown Dearborn that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Dearborn?

Cheap apartments in Downtown Dearborn have an average cost of $563 which is $1,544 cheaper than the average rent for all rentals in Downtown Dearborn.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.