Cheap Homes for Rent in Dearborn, MI from $500 (42 Rentals)

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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.

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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.

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The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

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.

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Dearborn, MI Local Guide

Cheapest Neighborhoods for Apartments in Dearborn, MI

Pricing Updated: 12/19/2025

Current apartment rentals in the Dearborn, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Dearborn Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Springwells$965$9651
Downtown Dearborn$1,700$89514
Woodbridge$2,300$1,2007

Cheapest Available Dearborn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Dearborn, MI is a 1 Bed unit found at Dearborn Town Center Senior in the East Dearborn neighborhood priced from $621. Franklin Village Apartments in the Warrendale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $646. Here is today’s list of the most affordable Dearborn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$621
Franklin Village Apartments1 Bed 1 Bath1BR,1BA$646
Huron River DearbornUpgraded Studio1BR,1BA$745
Heatherwood ApartmentsWelcome to our beautiful apartment community lo...1BR,1BA$825
Melvindale SquareUpgraded 1 Bedroom, 1 Bathroom1BR,1BA$845
Dearborn WestAspen1BR,1BA$875
Oxford VillageOne Bedroom1BR,1BA$880
GoodHomes DetroitStudioStudio,1BA$895
Oakwood FlatsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Dearborn, MI and Nearby

As of December 20, 2025 the best value apartment in the Dearborn area is the $1.19 price per square foot Premium Marquis Model at Hamlin Place Estates in the in the Merriman neighborhood starting from $1,475. The second greatest value Dearborn apartment is the 2 Beds, 1 bath Model at 12200 Cheyenne St starting at $1,100 with a $1.16 price per square foot in the Aviation neighborhood. Here is today’s list of the best values for Dearborn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hamlin Place EstatesPremium Marquis3BR,2BA$1.19
12200 Cheyenne St2 Beds, 1 bath2BR,1BA$1.16
Melvindale SquareUpgraded 2 Bedroom, 1 Bathroom2BR,1BA$1.05
Huron River DearbornUpgraded+ Studio1BR,1BA$0.99
Grant & Main - 10343 Crocuslawn St2 Beds, 1 bath2BR,1BA$1.06
Z on Pardee1 Beds, 1 Baths1BR,1BA$1.25
Franklin Village Apartments2 Bed 1 Bath Townhome2BR,1BA$1.26
Oxford VillageOne Bedroom1BR,1BA$1.17
Heatherwood ApartmentsWelcome to our beautiful apartment community lo...1BR,1BA$1.27
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$0.99

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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
Dearborn, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Dearborn, MI Rentals by Map

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See the most popular apartments and homes in Dearborn, MI

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Frequently Asked Questions about Dearborn

What type of rentals are currently available in Dearborn?

There are currently 308 Apartments for Rent in Dearborn, MI with pricing that ranges from $482 to $5,520. There are also 143 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dearborn ranging from $545 to $3,600.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Dearborn ranges from $545 to $3,600 with an average monthly rent of $1,456.

How much are larger Three and Four Bedroom Rentals in Dearborn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Dearborn range from $860 to $5,520, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,325 and Four Bedroom Apartments start at $790.

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.

Helpful Local Expert Guides

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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

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The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

Articles, How-To's, and Tips

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.