Cheap Apartments for Rent in the Downtown Dearborn Neighborhood of Dearborn, MI from $550 (36 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
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Guinan Building
Studio Apartments

Guinan Building

13350 Leonard StDearborn, MI 48126
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Leonard Apartments
Studio Apartments

Leonard Apartments

4096 Calhoun StDearborn, MI 48126
  • Utilities Included
property at 4431 Oakwood

$899 - $999

1 To 2 Bedroom Rentals

Available Now

4431 Oakwood

MelvindaleMI48122

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 17250 Raupp Rd

$895 - $945

1 Bedroom Rentals

Available Now

17250 Raupp Rd

MelvindaleMI48122
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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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

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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Showing Results 1-36, Page 1 of 1

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 $591. Joy 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$591
Joy Apartments1 Bedroom1BR,1BA$850
Pablo Davis Senior Living CenterOne Bedroom w/out vouchers1BR,1BA$865
City Hall Artist LoftsStudioStudio,1BA$1,010
Springwells ParkSTUDIOStudio,1BA$1,195
Fairlane Meadow Apartments and TownhomesMimosa1BR,1BA$1,350

Best Value Apartments for Rent in Downtown Dearborn, MI

As of August 26, 2026 the best value apartment in the Downtown Dearborn area is the $1.90 price per square foot Wisteria Model at Fairlane Meadow Apartments and Townhomes in the in the Warrendale neighborhood starting from $1,495. The second greatest value Downtown Dearborn apartment is the Studio Model at City Hall Artist Lofts starting at $1,010 with a $1.38 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fairlane Meadow Apartments and TownhomesWisteria1BR,1BA$1.90
City Hall Artist LoftsStudioStudio ,1BA$1.38
Joy Apartments1 Bedroom1BR,1BA$1.33
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$0.94
Pablo Davis Senior Living CenterOne Bedroom w/out vouchers1BR,1BA$1.44
4442 Freer St, Unit 4442 apt 2 a4442 Freer St1BR,1BA$1.80
Springwells ParkSTUDIOStudio ,1BA$2.56

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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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

How much is rent for a Cheap One Bedroom Downtown Dearborn Apartment?

The lowest price for a Cheap One Bedroom Downtown Dearborn Apartment is $591 at Dearborn Town Center Senior.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Dearborn is starting from $782 at Dearborn Town Center Senior.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.