Cheap Homes for Rent in Downtown Dearborn Neighborhood of Dearborn, MI from $800 (9 Rentals)

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

property at 17250 Raupp Rd

17250 Raupp Rd

MelvindaleMI48122

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 $621. Oakwood Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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$621
Oakwood FlatsOne Bedroom1BR,1BA$700
Melvindale SquareUpgraded 1 Bedroom, 1 Bathroom1BR,1BA$825

Best Value Apartments for Rent in Downtown Dearborn, MI

As of September 11, 2025 the best value apartment in the Downtown Dearborn area is the $1.36 price per square foot Edison 1st Floor Premium Model at Lake Village of Fairlane in the in the East Dearborn neighborhood starting from $1,499. The second greatest value Downtown Dearborn apartment is the Standard 1 Bedroom, 1 Bathroom Model at Melvindale Square starting at $845 with a $0.94 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.
Lake Village of FairlaneEdison 1st Floor Premium2BR,2BA$1.36
Melvindale SquareStandard 1 Bedroom, 1 Bathroom1BR,1BA$0.94
Fairlane East1 Bed 1 Bath1BR,1BA$1.65
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$0.99
Springwells Park1 BED 1 BATH FOXBORO1BR,1BA$1.96
Oakwood FlatsOne Bedroom1BR,1BA$1.17
Fairlane Meadow Apartments and TownhomesJasmine1BR,1BA$2.00
4440 Freer St, Unit 2 lower4440 Freer St1BR,1BA$1.80

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Pet Friendly Lifestyle
Downtown Dearborn, Dearborn, MI

Ranked #13

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Dearborn

What type of rentals are currently available in Downtown Dearborn?

There are currently 111 Apartments for Rent in Downtown Dearborn, MI with pricing that ranges from $482 to $3,000. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Dearborn ranging from $845 to $2,700.

What is the current price range for Rental Homes in Downtown Dearborn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Dearborn ranges from $845 to $2,700 with an average monthly rent of $1,284.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.