Cheap New Apartments for Rent in Detroit, MI from $400 (39 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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28Grand
$1,070 - $1,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $1,390
Total Monthly Price
$1,070 - $1,390
Built in 2017Studio Apartments Available Aug 8

28Grand

28 W Grand River AveDetroit, MI 48226
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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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

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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MLK on 2nd
Built in 20251 Bedroom Apartments

MLK on 2nd

3515 2nd AveDetroit, MI 48201
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DREAMTROIT
Built in 2023Studio to 2 Bedroom Apartments

DREAMTROIT

1331 Holden StDetroit, MI 48202
  • Utilities Included
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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

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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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
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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

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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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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See the most popular apartments and homes in Detroit, MI

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Detroit, MI Area Reviews

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Frequently Asked Questions about Cheap Detroit Apartments

What is the Cheapest Studio apartment in Detroit?

Currently the most affordable Cheap Studio Apartment in Detroit is at Garages-413 Saint John-Wyandotte listed at $125.

How much is rent for a Cheap One Bedroom Detroit Apartment?

The lowest price for a Cheap One Bedroom Detroit Apartment is $445 at Friendship Meadows Senior LDHA.

What is the lowest price for a Cheap Two Bedroom Detroit Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Detroit is starting from $705 at New Center Commons.

What is the most affordable Detroit Three Bedroom Apartment?

The best deal on a cheap Detroit Three Bedroom Apartment rental is at Emerald Springs and starts from $1,062.

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 Insider's 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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.