
Cheap Apartments for Rent in the Downtown Detroit Neighborhood of Detroit, MI from $400 (209 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Detroit area of Detroit.


The Amo

New Cadillac Square Apartments

Regency Tower

71 Garfield St

6533 E Jefferson Ave, Unit 602T

Lafayette Towers

1729 Vinewood St

Town Residences

The Rochelle aka Fourth Willis
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.

The Palms

The Lindley

Brentwood

Westwill Apartments Midtown

City Place Detroit

Parkview Senior Apartments

Roberts III Apartments

The Charlotte

Briggs Houze

4437 Avery St
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.

Brainard Street Apartments

Brush Watson

Preserve on Ash - Phase I

City Club Apartments Lafayette Park

Corktown Ash Apartments

Left Field

The Corner

The Pavilion

Jean Rivard

The Broderick Tower (MCI)
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.

Total Monthly Price
28Grand

Fyfe Apartments

Pasadena Apartments

Lafayette Park Place - Detroit, MI

The Alexandrine

Total Monthly Price
92 E Forest Ave

Lafayette West Apartments

Prince Hall

Central Park

2072 Wabash St
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.

Broderick Manor

The Ashley

The Claridge Apartments

River Place

Palms East

Woodward West

Total Monthly Price
4848 Commonwealth St, Unit 4

Total Monthly Price
4844 Commonwealth St, Unit UB

The Lofts of Merchants Row

Detroit Savings Bank
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.
Downtown Detroit, Detroit, MI Local Guide

How much does it cost to rent an apartment in Downtown Detroit?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Detroit Studio Apartments | $1,196 | $663 | $3,150 |
| Downtown Detroit 1 Bedroom Apartments | $1,633 | $445 | $7,884 |
| Downtown Detroit 2 Bedroom Apartments | $2,420 | $825 | $9,935 |
| Downtown Detroit 3 Bedroom Apartments | $2,467 | $595 | $5,140 |
| Downtown Detroit 4 Bedroom Apartments | $1,000 | $1,000 | $1,000 |
Browse Apartments in this Neighborhood
There are currently 209 rentals with your search options within a 2 mile radius of the Downtown Detroit Neighborhood of Detroit, MI.
See all Apartments in DetroitExplore Detroit
Downtown Detroit, Detroit, MI Local Guide
- Nearby Detroit neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Friendship Meadows LDHA | 1 Bedroom | 1BR,1BA | $445 |
| CATHEDRAL TOWER APARTMENTS | The Warren | Studio,1BA | $663 |
| Heather Hall | Studio 1 Bathroom | Studio,1BA | $705 |
| New Cadillac Square Apartments | Studio / One Bathroom ($795) | Studio,1BA | $795 |
| Regency Tower | Studio B | Studio,1BA | $799 |
| The Palms | Studio A3 | Studio,1BA | $895 |
| 71 Garfield St | Studio, 1 bath | Studio,1BA | $899 |
| The Lindley | BT Studio | Studio,1BA | $899 |
| Westwill Apartments Midtown | The Mack | 1BR,1BA | $900 |
| City Place Detroit | Studio Apartment | Studio,1BA | $900 |
Best Value Apartments for Rent in Downtown Detroit, MI
As of June 01, 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 Rooftop - 3/2 Model at River Place starting at $1,950 with a $1.56 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Downtown Detroit apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Murray | 1 Bed/1 Bath | 1BR,1BA | $1.18 |
| River Place | Rooftop - 3/2 | 3BR,2BA | $1.56 |
| Brainard Street Apartments | 3 Beds, 1.5 baths | 3BR,1.5BA | $1.16 |
| E & B Brewery Lofts | Studio | Studio ,1BA | $1.10 |
| Van Dyke Village Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.30 |
| The Commodore | Furnished 1 -Bedroom Apt. | 1BR,1BA | $1.56 |
| Jean Rivard | The Quarter | 1BR,1BA | $1.27 |
| Friendship Meadows LDHA | 2 Bedroom | 2BR,1BA | $1.37 |
| New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
| Heather Hall | Studio 1 Bathroom | Studio ,1BA | $1.53 |
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.
Read ArticleThe 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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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 $900.
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 $2,230.
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 46 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 $468 which is $1,762 cheaper than the average rent for all rentals in Downtown 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

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.

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.

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.

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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.