Cheap Apartments for Rent in the Downtown Detroit Neighborhood of Detroit, MI from $400 (209 Rentals)

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

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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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28Grand
$1,085 - $1,390
Total Monthly Price

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$1,085 - $1,390

Total Monthly Price
$1,085 - $1,390
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28Grand

28 W Grand River AveDetroit, MI 48226
Furnished
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92 E Forest Ave
$1,100 - $2,500
Total Monthly Price

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$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
Pet Friendly
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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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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$705
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Regency TowerStudio BStudio,1BA$799
The PalmsStudio A3Studio,1BA$895
71 Garfield StStudio, 1 bathStudio,1BA$899
The LindleyBT StudioStudio,1BA$899
Westwill Apartments MidtownThe Mack1BR,1BA$900
City Place DetroitStudio ApartmentStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Murray1 Bed/1 Bath1BR,1BA$1.18
River PlaceRooftop - 3/23BR,2BA$1.56
Brainard Street Apartments3 Beds, 1.5 baths3BR,1.5BA$1.16
E & B Brewery LoftsStudioStudio ,1BA$1.10
Van Dyke Village Apartments2 Bed 1 Bath2BR,1BA$1.30
The CommodoreFurnished 1 -Bedroom Apt.1BR,1BA$1.56
Jean RivardThe Quarter1BR,1BA$1.27
Friendship Meadows LDHA2 Bedroom2BR,1BA$1.37
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Heather HallStudio 1 BathroomStudio ,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.

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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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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 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

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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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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.

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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.

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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.

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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.