7405 Garden St
DetroitMI48204
Cheap Homes for Rent in Downtown Dearborn Neighborhood of Dearborn, MI from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Dearborn area of Dearborn.
8426 Asbury Park
DetroitMI48228
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.
2508 Inglis St
DetroitMI48209
6117 Kenilworth St
DearbornMI48126
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.
8083 Mendota St
DetroitMI48204
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Downtown Dearborn, Dearborn, MI Local Guide
How much does it cost to rent a home in Downtown Dearborn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Dearborn 2 Bedroom Homes for Rent | $1,599 | $900 | $2,300 |
| Downtown Dearborn 3 Bedroom Homes for Rent | $1,733 | $1,350 | $2,200 |
| Downtown Dearborn 4 Bedroom Homes for Rent | $1,550 | $1,350 | $1,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Dearborn Neighborhood of Dearborn, MI.
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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 $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 |
Best Value Apartments for Rent in Downtown Dearborn, MI
As of May 23, 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 8535 Kentucky St Model at 8535 Kentucky St, Unit Unit A starting at $900 with a $1.00 price per square foot in the Aviation 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 |
| 8535 Kentucky St, Unit Unit A | 8535 Kentucky St | 2BR,1BA | $1.00 |
| Huron River Dearborn | Upgraded Studio | Studio ,1BA | $0.99 |
| Fairlane East | 1 Bed 1 Bath | 1BR,1BA | $1.60 |
| 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 Article
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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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
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Frequently Asked Questions about Downtown Dearborn
What type of rentals are currently available in Downtown Dearborn?
There are currently 114 Apartments for Rent in Downtown Dearborn, MI with pricing that ranges from $591 to $3,000. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Dearborn ranging from $850 to $2,300.
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 $850 to $2,300 with an average monthly rent of $1,445.
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.