Cheap Apartments for Rent in the City Center Detroit Neighborhood of Detroit, MI from $700 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the City Center Detroit area of 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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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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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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Security Trust Lofts
Studio to 2 Bedroom Apartments

Security Trust Lofts

735 Griswold StDetroit, MI 48226
  • Utilities Included
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The Malcomson
1 to 3 Bedroom Apartments

The Malcomson

1215 Griswold StDetroit, MI 48226
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David Whitney Building
1 to 3 Bedroom Apartments

David Whitney Building

1 Park AveDetroit, MI 48226
Corporate Housing
  • Utilities Included
  • Smoke Free
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FORT SHELBY
1 to 3 Bedroom Apartments

FORT SHELBY

525 W Lafayette BlvdDetroit, MI 48226
Furnished
  • Utilities Included
  • Smoke Free

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

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

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Broadway Lofts
2 Bedroom Apartments

Broadway Lofts

1323-1325 Broadway StDetroit, MI 48226
  • Utilities Included
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Fourteen56
2 Bedroom Apartments

Fourteen56

1456 Woodward AveDetroit, MI 48226
Showing Results 1-39, Page 1 of 1

City Center Detroit, Detroit, MI Local Guide

Cheapest Available City Center Detroit Apartments for Rent

 

The cheapest available apartment rental in the City Center Detroit area of Detroit, MI is a Studio unit found at New Cadillac Square Apartments priced from $795. Fyfe Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable City Center Detroit apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Fyfe ApartmentsS1 (Studio / One Bathroom Classic)Studio,1BA$895
Town ResidencesS8Studio,1BA$935
28GrandUnit BStudio,1BA$940
Briggs HouzeStudioStudio,1BA$999
The Broderick Tower (MCI)The CraneStudio,1BA$1,070
Philip HouzeStudioStudio,1BA$1,099
The AshleyThe Theodore1BR,1BA$1,150
Residences at 150 Bagley1x1 Affordable F21BR,1BA$1,285
The Claridge Apartments1bed/ 1bath Penthouse1BR,1BA$1,300

Best Value Apartments for Rent in City Center Detroit, MI

As of April 10, 2026 the best value apartment in the City Center Detroit 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 City Center Detroit apartment is the The Crest Model at Elliott Building, LLC starting at $3,650 with a $2.12 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for City Center Detroit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Claridge Apartments3bed/2.5bath Penthouse3BR,2.5BA$1.83
Elliott Building, LLCThe Crest2BR,2.5BA$2.12
The Millie on BrushC3PH - Penthouse2BR,2BA$1.73
Detroit Savings BankX021BR,1BA$2.17
The Lofts of Merchants RowA04 - Renovated1BR,1BA$2.31
Fyfe ApartmentsA11BR,1BA$2.15
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Philip HouzeStudioStudio ,1BA$2.04
Town ResidencesS14Studio ,1BA$2.18
Briggs HouzeStudioStudio ,1BA$2.29

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Michigan, including Detroit. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, multifamily communities for the kids, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap City Center Detroit Apartments

What is a cheap apartment in City Center Detroit?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in City Center Detroit is under $1,300.

What is the price of a cheap apartment in City Center Detroit?

The cheapest apartment in City Center Detroit is New Cadillac Square Apartments which is listed at $935, while the average apartment in City Center Detroit costs $4,375.

What types of apartments are the cheapest in City Center 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 42 regular apartments in City Center 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 City Center Detroit?

Cheap apartments in City Center Detroit have an average cost of $441 which is $3,934 cheaper than the average rent for all rentals in City Center 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

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

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.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.