Cheap Apartments for Rent in the Downtown Detroit Neighborhood of Detroit, MI from $400 (179 Rentals)

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

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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The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

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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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Downtown Detroit, Detroit, MI Local Guide

Cheapest Available Downtown Detroit Apartments for Rent

 

The cheapest available apartment rental in the Downtown Detroit area of Detroit, MI is a 1 Bed unit found at Friendship Meadows LDHA priced from $445. CATHEDRAL TOWER APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $663. Here are the most affordable Downtown Detroit apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Friendship Meadows LDHA1 Bedroom1BR,1BA$445
CATHEDRAL TOWER APARTMENTSThe WarrenStudio,1BA$663
Heather HallStudio 1 BathroomStudio,1BA$740
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Villa Lante ApartmentsStudioStudio,1BA$800
Pasadena Investments LLCST/1BStudio,1BA$800
Broderick ManorOne Bedroom, One Bathroom (Junior)1BR,1BA$845
The LindleyStudio, 1 bathStudio,1BA$849
71 Garfield StStudio, 1 bathStudio,1BA$849
Regency TowersStudio BStudio,1BA$850

Best Value Apartments for Rent in Downtown Detroit, MI

As of November 14, 2025 the best value apartment in the Downtown Detroit area is the $1.12 price per square foot 1 Bed/1 Bath Model at The Murray in the in the Downtown Detroit neighborhood starting from $1,495. The second greatest value Downtown Detroit apartment is the 743 Beaubien St Model at 743 Beaubien St, Unit 303 starting at $1,485 with a $1.35 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Downtown Detroit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Murray1 Bed/1 Bath1BR,1BA$1.12
743 Beaubien St, Unit 303743 Beaubien St1BR,1BA$1.35
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
Westwill ApartmentsOne Bedroom1BR,1BA$1.06
Van Dyke Village Apartments2B 9402BR,1BA$1.17
The CommodoreFurnished 1 Bdrm Apt.1BR,1BA$1.22
Lafayette TowersGuardian1BR,1BA$1.48
Jean RivardThe Ottowa1BR,1BA$1.42
Friendship Meadows LDHA2 Bedroom2BR,1BA$1.37
El Tovar Apartments1 bedroom 1 Bathroom1BR,1BA$1.48

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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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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Pet Friendly Lifestyle
Downtown Detroit, Detroit, MI

Ranked #2

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Michigan, including Detroit. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendliness, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Detroit Apartments

What is a cheap apartment in Downtown Detroit?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Detroit is under $850.

What is the price of a cheap apartment in Downtown Detroit?

The cheapest apartment in Downtown Detroit is Friendship Meadows LDHA which is listed at $445, while the average apartment in Downtown Detroit costs $2,650.

What types of apartments are the cheapest in Downtown 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 156 regular apartments in Downtown 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 Downtown Detroit?

Cheap apartments in Downtown Detroit have an average cost of $334 which is $2,316 cheaper than the average rent for all rentals in Downtown Detroit.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.