1565 Cherboneau Pl
DetroitMI48207
Cheap Homes for Rent in CBD Neighborhood of Detroit, MI from $1,100 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the CBD area of Detroit.
736 University Ave E
WindsorONN9A 2Z7
736 University Ave E
WindsorONN9A 2Z7
655 Chatham St E
WindsorONN9A 2X4
655 Chatham St E
WindsorONN9A 2X4
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.
1545 Cherboneau Pl, Unit 41, Unit 41
1545 Cherboneau Pl
DetroitMI48207
1515 Cherboneau Pl
DetroitMI48207
150 Park St W
WindsorONN9A 4M6
150 Park St W
WindsorONN9A 4M6
536 Aylmer Ave
WindsorONN9A 1T8
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.
536 Aylmer Ave
WindsorONN9A 1T8
150 Park St W
WindsorONN9A 4M6
150 Park St W
WindsorONN9A 4M6
509 Aylmer Ave
WindsorONN9A 1T7
509 Aylmer Ave
WindsorONN9A 1T7
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.
Showing Results 1-15, Page 1 of 1
CBD, Detroit, MI Local Guide
How much does it cost to rent a home in CBD?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| CBD 2 Bedroom Homes for Rent | $2,302 | $1,195 | $4,250 |
| CBD 3 Bedroom Homes for Rent | $2,420 | $1,700 | $5,000 |
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 15 rentals with your search options within a 1 mile radius of the CBD Neighborhood of Detroit, MI.
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Cheapest Available CBD Apartments for Rent
The cheapest available apartment rental in the CBD area of Detroit, MI is a Studio unit found at Heather Hall priced from $705. New Cadillac Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable CBD apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heather Hall | Studio 1 Bathroom | Studio,1BA | $705 |
| New Cadillac Square Apartments | Studio / One Bathroom ($795) | Studio,1BA | $795 |
| City Place Detroit | Studio Apartment | Studio,1BA | $900 |
| The Amo | The Peterboro | Studio,1BA | $900 |
| Town Residences | S8 | Studio,1BA | $935 |
Best Value Apartments for Rent in CBD, MI
As of May 20, 2026 the best value apartment in the CBD area is the $1.78 price per square foot CPH - Penthouse Model at The Millie on Brush in the in the Necklace District neighborhood starting from $2,195. The second greatest value CBD apartment is the The Quarter Model at Jean Rivard starting at $1,060 with a $1.27 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for CBD apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Millie on Brush | CPH - Penthouse | 2BR,2BA | $1.78 |
| Jean Rivard | The Quarter | 1BR,1BA | $1.27 |
| The Kales Building | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.90 |
| Palms East | Balcony | 1BR,1BA | $1.69 |
| Central Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
| Lafayette Park Place - Detroit, MI | Studio | Studio ,1BA | $1.69 |
| New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
| The Claridge Apartments | Penthouse Studio | Studio ,1BA | $1.98 |
| Briggs Houze | Studio | Studio ,1BA | $1.81 |
| Heather Hall | Studio 1 Bathroom | Studio ,1BA | $1.53 |
Frequently Asked Questions about CBD
What type of rentals are currently available in CBD?
There are currently 164 Apartments for Rent in CBD, MI with pricing that ranges from $750 to $12,787. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in CBD ranging from $1,100 to $5,000.
What is the current price range for Rental Homes in CBD?
Today's rental pricing for Homes for Rent, Condos and Townhomes in CBD ranges from $1,100 to $5,000 with an average monthly rent of $2,149.
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.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
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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.