
Cheap Apartments for Rent in the Downtown Dearborn Neighborhood of Dearborn, MI from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Dearborn area of Dearborn.


Dearborn Town Center Senior

Huron River Dearborn

West Warren Apartments

Leonard Apartments
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.

Guinan Building

Total Monthly Price
Sunrise Place

6885 Mettetal St

Pablo Davis Senior Living Center

Oakwood Flats
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.

Total Monthly Price
17650 Palmer St, Unit One story building

Schaefer Manor Apartments

17790 Palmer ST

Melvindale Square

14825 Joy Rd
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Springwells Village
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 | $848 | $795 | $1,012 |
| Downtown Dearborn 1 Bedroom Apartments | $1,187 | $513 | $2,500 |
| Downtown Dearborn 2 Bedroom Apartments | $1,635 | $741 | $3,000 |
| Downtown Dearborn 3 Bedroom Apartments | $1,862 | $1,300 | $2,205 |
Browse Apartments in this Neighborhood
There are currently 16 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
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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 $621. Huron River Dearborn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. 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 | $621 |
| Huron River Dearborn | Upgraded+ Studio | 1BR,1BA | $795 |
| Sunrise Place | 1 Bedroom | 1BR,1BA | $800 |
| Oakwood Flats | One Bedroom | 1BR,1BA | $850 |
| City Hall Artist Lofts | Studio | Studio,1BA | $1,012 |
Best Value Apartments for Rent in Downtown Dearborn, MI
As of February 25, 2026 the best value apartment in the Downtown Dearborn area is the $1.16 price per square foot Upgraded+ 1 Bed, 1 Bath Model at Huron River Dearborn in the in the East Dearborn neighborhood starting from $1,045. The second greatest value Downtown Dearborn apartment is the Amhurst 1st Floor Premium Model at Lake Village of Fairlane starting at $1,299 with a $1.48 price per square foot in the East Dearborn 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. |
|---|---|---|---|
| Huron River Dearborn | Upgraded+ 1 Bed, 1 Bath | 1BR,1BA | $1.16 |
| Lake Village of Fairlane | Amhurst 1st Floor Premium | 1BR,1BA | $1.48 |
| Fairlane East | 1 Bed 1 Bath | 1BR,1BA | $1.67 |
| City Hall Artist Lofts | Studio | Studio ,1BA | $1.39 |
| 17650 Palmer St, Unit One story building | 17650 Palmer St | 1BR,1BA | $1.28 |
| Dearborn Town Center Senior | One Bedroom Apartment | 1BR,1BA | $0.99 |
| Springwells Park | 1 BED 1 BATH FOXBORO | 1BR,1BA | $1.88 |
| Oakwood Flats | One Bedroom | 1BR,1BA | $1.42 |
| Fairlane Meadow Apartments and Townhomes | Jasmine | 1BR,1BA | $2.18 |
| Sunrise Place | 1 Bedroom | 1BR,1BA | $1.78 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 a cheap apartment in Downtown Dearborn?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Dearborn is under $1,463.
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 $621, while the average apartment in Downtown Dearborn costs $2,020.
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 5 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 $175 which is $1,845 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.