1565 Cherboneau Pl
DetroitMI48207
Cheap Homes for Rent in CBD Neighborhood of Detroit, MI from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the CBD area of Detroit.
493 University Ave W
WindsorONN9A 5P9
493 University Ave W
WindsorONN9A 5P9
493 University Ave W
WindsorONN9A 5P9
493 University Ave W
WindsorONN9A 5P9
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.
1525 Cherboneau Pl
DetroitMI48207
1575 Cherboneau Pl
DetroitMI48207
150 Park St W
WindsorONN9A 7A2
150 Park St W
WindsorONN9A 7A2
380 Pelissier St
WindsorONN9A 6W8
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.
380 Pelissier St
WindsorONN9A 6W8
Showing Results 1-11, 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 | $2,343 | $1,625 | $4,250 |
| CBD 3 Bedroom Homes for Rent | $2,350 | $1,650 | $3,250 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 $790. 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 | $790 |
| New Cadillac Square Apartments | Studio / One Bathroom ($795) | Studio,1BA | $795 |
| Palms | Studio A3 | Studio,1BA | $895 |
| Fyfe Apartments | S1 (Studio / One Bathroom Classic) | Studio,1BA | $895 |
| City Place Detroit | Studio Apartment | Studio,1BA | $900 |
Best Value Apartments for Rent in CBD, MI
As of April 04, 2026 the best value apartment in the CBD area is the $1.83 price per square foot 3bed/2.5bath Penthouse Model at The Claridge Apartments in the in the Necklace District neighborhood starting from $3,300. The second greatest value CBD apartment is the C3PH - Penthouse Model at The Millie on Brush starting at $2,485 with a $1.76 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 Claridge Apartments | 3bed/2.5bath Penthouse | 3BR,2.5BA | $1.83 |
| The Millie on Brush | C3PH - Penthouse | 2BR,2BA | $1.76 |
| Addison Apartments | The Cobb | 1BR,1BA | $1.96 |
| Jean Rivard | The Ottowa | 1BR,1BA | $1.33 |
| Palms East | Balcony | 1BR,1BA | $1.69 |
| Millwood Place Apartments | One Bedroom Apartment | 1BR,1BA | $1.99 |
| 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 |
| Heather Hall | Studio 1 Bathroom | Studio ,1BA | $1.72 |
Frequently Asked Questions about CBD
What type of rentals are currently available in CBD?
There are currently 165 Apartments for Rent in CBD, MI with pricing that ranges from $795 to $9,154. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in CBD ranging from $1,100 to $4,250.
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 $4,250 with an average monthly rent of $2,125.
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
A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
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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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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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Articles, How-To's, and Tips
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.