Cheap New Apartments for Rent in Detroit, MI from $400 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Detroit.

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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92 E Forest Ave
$1,100 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $2,500
Total Monthly Price
$1,100 - $2,500
Built in 2025Studio to 1 Bedroom Apartments Available Now

92 E Forest Ave

92 E Forest AveDetroit, MI 48201
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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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Elaine Lofts
$1,250 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,850
Total Monthly Price
Varies
Built in 20201 to 2 Bedroom Apartments Available Now

Elaine Lofts

5918 Saint Antoine StDetroit, MI 48202
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
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The Lofts on Mack
$1,250 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,450
Total Monthly Price
$1,250 - $1,450
Built in 20251 Bedroom Apartments Available Now

The Lofts on Mack

240 Mack AveDetroit, MI 48201
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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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MLK on 2nd
Built in 20251 Bedroom Apartments

MLK on 2nd

3515 2nd AveDetroit, MI 48201
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Strathmore Apartments
Built in 20161 to 2 Bedroom Apartments

Strathmore Apartments

70 W Alexandrine StDetroit, MI 48201
  • Utilities Included
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Milwaukee Junction
Built in 20211 Bedroom Apartments

Milwaukee Junction

258 E Milwaukee StDetroit, MI 48202
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634 Selden St
Built in 2023Studio to 2 Bedroom Apartments

634 Selden St

634 Selden StDetroit, MI 48201
  • Utilities Included
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Six55 Detroit
Built in 2023Studio to 2 Bedroom Apartments

Six55 Detroit

655 W Willis StDetroit, MI 48201
  • Utilities Included
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Kirby Center Lofts
Built in 2016Studio to 2 Bedroom Apartments

Kirby Center Lofts

609 E Kirby StDetroit, MI 48202
  • Utilities Included
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2623 Cochrane St
Built in 20231 to 2 Bedroom Apartments

2623 Cochrane St

2623 Cochrane StDetroit, MI 48216
  • Utilities Included

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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Residences at 150 Bagley
Built in 20261 to 2 Bedroom Apartments

Residences at 150 Bagley

150 Bagley StDetroit, MI 48226
  • Utilities Included
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Amber on 11
$1,125 - $1,575
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,575
Total Monthly Price
$1,125 - $1,575
Built in 2019Studio Apartments Available Now

Amber on 11

1201 E 11 Mile RdRoyal Oak, MI 48067
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-40, Page 1 of 1

Detroit, MI Local Guide

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

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

Explore Detroit, MI Rentals by Map

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Frequently Asked Questions about Cheap Detroit Apartments

What is a cheap apartment in Detroit?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Detroit is under $655.

What is the price of a cheap apartment in Detroit?

The cheapest apartment in Detroit is Friendship Meadows LDHA which is listed at $445, while the average apartment in Detroit costs $2,543.

What types of apartments are the cheapest in Detroit?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,989 regular apartments in Detroit that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Detroit?

Cheap apartments in Detroit have an average cost of $441 which is $2,102 cheaper than the average rent for all rentals in Detroit.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.