
Cheap Apartments for Rent in the Downtown Dearborn Neighborhood of Dearborn, MI from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Dearborn area of Dearborn.


4700 Curtis St

City Hall Artist Lofts

Fairlane Meadow Apartments and Townhomes

Springwells Park

West Warren Apartments
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.

Guinan Building

Leonard Apartments

Huron River Dearborn

6117 Kenilworth St

6691 Barton St

6885 Mettetal St
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.

Oakwood Apartments

Pablo Davis Senior Living Center

Total Monthly Price
8535 Kentucky St, Unit A, Unit A

17250 Raupp Rd

17020 Raupp Rd

Schaefer Manor Apartments
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.

17790 Palmer ST

Melvindale Square

Sunrise Place

14825 Joy Rd

7405 Garden St

Springwells Village
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.

8426 Asbury Park

2508 Inglis St

8083 Mendota St
Downtown Dearborn, Dearborn, MI Local Guide

How much does it cost to rent an apartment in Downtown Dearborn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Dearborn Studio Apartments | $1,010 | $1,010 | $1,010 |
| Downtown Dearborn 1 Bedroom Apartments | $1,258 | $591 | $2,500 |
| Downtown Dearborn 2 Bedroom Apartments | $1,675 | $782 | $3,000 |
| Downtown Dearborn 3 Bedroom Apartments | $2,118 | $2,090 | $2,170 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Downtown Dearborn Neighborhood of Dearborn, MI.
See all Apartments in DearbornExplore Dearborn
Downtown Dearborn, Dearborn, MI Local Guide
- Nearby Dearborn neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dearborn Town Center Senior | One Bedroom Apartment | 1BR,1BA | $655 |
| Oakwood Apartments | One Bedroom | 1BR,1BA | $850 |
| Pablo Davis Senior Living Center | One Bedroom w/out vouchers | 1BR,1BA | $865 |
| Huron River Dearborn | Upgraded Studio | 1BR,1BA | $895 |
| City Hall Artist Lofts | Studio | Studio,1BA | $1,010 |
| Fairlane Meadow Apartments and Townhomes | Jasmine | 1BR,1BA | $1,195 |
| Springwells Park | 1 BED 1 BATH | 1BR,1BA | $1,200 |
| Allegria Village | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8285 Indiana St, Unit Apt #1 Two Beds | 8285 Indiana St | 2BR,1BA | $0.80 |
| Allegria Village | Two Bedroom | 2BR,2BA | $2.32 |
| 8535 Kentucky St, Unit Unit A | 8535 Kentucky St | 2BR,1BA | $1.00 |
| Huron River Dearborn | Upgraded Studio | Studio ,1BA | $0.99 |
| Fairlane Meadow Apartments and Townhomes | Mimosa | 1BR,1BA | $2.06 |
| City Hall Artist Lofts | Studio | Studio ,1BA | $1.38 |
| Dearborn Town Center Senior | One Bedroom Apartment | 1BR,1BA | $1.04 |
| Springwells Park | 1 BED 1 BATH | 1BR,1BA | $1.96 |
| Pablo Davis Senior Living Center | One Bedroom w/out vouchers | 1BR,1BA | $1.44 |
| Oakwood Apartments | One Bedroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Downtown Dearborn, Dearborn, MI
School data provided by Great Schools
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

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.

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.

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.

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.