Cheap Apartments for Rent in the Downtown Detroit Neighborhood of Detroit, MI from $400 (192 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

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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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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28Grand
$1,070 - $1,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $1,390
Total Monthly Price
$1,070 - $1,390
Studio Apartments Available Aug 8

28Grand

28 W Grand River AveDetroit, MI 48226
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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 Lofts on Mack
$1,250 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,450
Total Monthly Price
$1,250 - $1,450
1 Bedroom Apartments Available Now

The Lofts on Mack

240 Mack AveDetroit, MI 48201
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Senior LDHA priced from $445. Henry Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $660. Here are the most affordable Downtown Detroit apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Friendship Meadows Senior LDHA1 Bedroom1BR,1BA$445
Henry Street ApartmentsStudioStudio,1BA$660
CATHEDRAL TOWER APARTMENTSThe WarrenStudio,1BA$663
Heather HallStudio 1 BathroomStudio,1BA$735
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Regency TowerStudio BStudio,1BA$799
Pasadena ApartmentsST/1BStudio,1BA$849
The AmoThe CliffordStudio,1BA$850
71 Garfield StStudio, 1 bathStudio,1BA$899
Delray Senior Housing1 Bed, 1 bath1BR,1BA$899

Best Value Apartments for Rent in Downtown Detroit, MI

As of July 16, 2026 the best value apartment in the Downtown Detroit area is the $1.00 price per square foot 3 Bedroom Model at Ouellette Place in the in the Downtown Detroit neighborhood starting from $2,800. The second greatest value Downtown Detroit apartment is the 1 Bed/1 Bath Model at The Murray starting at $1,495 with a $1.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ouellette Place3 Bedroom3BR,2BA$1.00
The Murray1 Bed/1 Bath1BR,1BA$1.12
River PlaceBrownstone - 2/22BR,2BA$1.41
Brainard Street Apartments3 Beds, 1.5 baths3BR,1.5BA$1.21
E & B Brewery LoftsStudioStudio ,1BA$1.10
Van Dyke Village Apartments2 Bed 1 Bath2BR,1BA$1.30
Delray Senior Housing2 Beds, 1 bath2BR,1BA$1.23
Friendship Meadows Senior LDHA2 Bedroom2BR,1BA$1.37
Henry Street ApartmentsOne Bedroom1BR,1BA$1.23
Union at Midtown2x2 Individual Bedroom1BR,1BA$1.34

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 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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Real 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.

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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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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 Henry Street Apartments listed at $660.

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 Senior 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 $1,026 at Brainard Street 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 $1,449.

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 Insider's 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.