Cheap Homes for Rent in Dearborn, MI from $500 (26 Rentals)

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

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.

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.

property at 23919 Oxford St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

23919 Oxford St

DearbornMI48124

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.

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.

Dearborn, MI Local Guide

Cheapest Neighborhoods for Apartments in Dearborn, MI

Pricing Updated: 07/07/2026

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
Downtown Dearborn$2,800$7959
Springwells$2,800$9503
Woodbridge$2,950$1,2002

Cheapest Available Dearborn Apartments for Rent

 

The cheapest available apartment rental in Dearborn, MI is a Studio unit found at 12775 Plymouth Rd in the Aviation neighborhood priced from $605. Dearborn Town Center Senior in the East Dearborn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here is today’s list of the most affordable Dearborn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
12775 Plymouth RdStudioStudio,1BA$605
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$655
Franklin Village Apartments1 Bed 1 Bath1BR,1BA$710
7121 W Vernor Hwy1-Bedroom1BR,1BA$750
Heatherwood ApartmentsWelcome to our beautiful apartment community lo...1BR,1BA$825
Dearborn ApartmentsStudioStudio,1BA$850
11411 Wyoming St1 Bedroom1BR,1BA$850
Pablo Davis Senior Living CenterOne Bedroom w/out vouchers1BR,1BA$865
Dearborn WestAspen1BR,1BA$875
Oakwood Apartments1 Bedroom1BR,1BA$899

Best Value Apartments for Rent in Dearborn, MI

As of July 08, 2026 the best value apartment in the Dearborn area is the $0.76 price per square foot 20221 Tireman St Model at 20221 Tireman St, Unit 20221 Tireman Ave in the in the Warrendale neighborhood starting from $1,100. The second greatest value Dearborn apartment is the 5287 Spokane St Model at 5287 Spokane St starting at $1,200 with a $0.86 price per square foot in the Midtown Detroit 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.
20221 Tireman St, Unit 20221 Tireman Ave20221 Tireman St2BR,1BA$0.76
5287 Spokane St5287 Spokane St3BR,1BA$0.86
Hamlin Place EstatesPremium Marquis3BR,2BA$1.11
Grant & Main - 10343 Crocuslawn St2 Beds, 1 bath2BR,1BA$1.06
8535 Kentucky St, Unit Unit A8535 Kentucky St2BR,1BA$1.00
Z on Pardee1 Bedroom1BR,1BA$1.25
11411 Wyoming St1 Bedroom1BR,1BA$1.13
Franklin Village Apartments2 Bed 1 Bath Garden2BR,1BA$1.15
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$1.04
12775 Plymouth RdStudioStudio ,1BA$1.10

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 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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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

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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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Dearborn, MI
Population: 94,333

Ranked #343

in US Census Population by City

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

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Frequently Asked Questions about Dearborn

What type of rentals are currently available in Dearborn?

There are currently 320 Apartments for Rent in Dearborn, MI with pricing that ranges from $475 to $3,600. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dearborn ranging from $545 to $2,850.

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 $2,850 with an average monthly rent of $1,485.

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 $885 to $1,955, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $795.

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.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.