Cheap Apartments for Rent in the Downtown Detroit Neighborhood of Detroit, MI from $400 (201 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown 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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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92 E Forest Ave
$1,100 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $2,500
Total Monthly Price
$1,100 - $2,500
Studio to 1 Bedroom Apartments Available Now

92 E Forest Ave

92 E Forest AveDetroit, MI 48201
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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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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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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$790
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Regency TowersStudio BStudio,1BA$799
Pasadena Investments LLCST/1B1BR,1BA$800
Town ResidencesS2Studio,1BA$840
Broderick ManorOne Bedroom, One Bathroom (Junior)1BR,1BA$845
The Rochelle aka Fourth Willis1 Bedroom Apt1BR,1BA$850
El Tovar Apartments1 bedroom 1 Bathroom1BR,1BA$850

Best Value Apartments for Rent in Downtown Detroit, MI

As of April 16, 2026 the best value apartment in the Downtown Detroit area is the $1.18 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 3 Beds, 1.5 baths Model at Brainard Street Apartments starting at $1,389 with a $1.16 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$1.18
Brainard Street Apartments3 Beds, 1.5 baths3BR,1.5BA$1.16
E & B Brewery LoftsStudioStudio ,1BA$1.10
743 Beaubien St, Unit 303743 Beaubien St1BR,1BA$1.40
Van Dyke Village Apartments2B 9402BR,1BA$1.17
The CommodoreFurnished 1 -Bedroom Apt.1BR,1BA$1.56
Jean RivardThe Quarter1BR,1BA$1.27
Friendship Meadows LDHA2 Bedroom2BR,1BA$1.37
Hubbard ApartmentsA - 1 Bedroom1BR,1BA$1.51
The Rochelle aka Fourth Willis1 Bedroom Apt1BR,1BA$1.55

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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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 the Cheapest Studio apartment in Downtown Detroit?

Currently the most affordable Cheap Studio Apartment in Downtown Detroit is at CATHEDRAL TOWER APARTMENTS listed at $663.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Detroit is starting from $1,066 at Van Dyke Village Apartments.

What is the most affordable Downtown Detroit Three Bedroom Apartment?

The best deal on a cheap Downtown Detroit Three Bedroom Apartment rental is at Brainard Street Apartments and starts from $1,389.

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 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.

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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

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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.