Cheap Homes for Rent in Downtown Detroit Neighborhood of Detroit, MI from $800 (22 Rentals)

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

property at 1064 Monmouth Rd

1064 Monmouth Rd

WindsorONN8Y 3L7
Showing Results 1-22, Page 1 of 1

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 Studio unit found at 71 Garfield St priced from $700. The Barbara has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Downtown Detroit apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
71 Garfield StStudio, 1 bathStudio,1BA$700
The BarbaraStudio 1 BathroomStudio,1BA$775
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Hubbard ApartmentsS - StudioStudio,1BA$795
CATHEDRAL TOWER APARTMENTSThe WarrenStudio,1BA$799

Best Value Apartments for Rent in Downtown Detroit, MI

As of July 24, 2025 the best value apartment in the Downtown Detroit area is the $1.00 price per square foot 393 W Grand Blvd Model at 393 W Grand Blvd, Unit 393 W. Grand Blvd. in the in the Downtown Detroit neighborhood starting from $1,450. 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.
393 W Grand Blvd, Unit 393 W. Grand Blvd.393 W Grand Blvd3BR,1.5BA$1.00
The Murray1 Bed/1 Bath1BR,1BA$1.12
743 Beaubien St, Unit 303743 Beaubien St1BR,1BA$1.35
3821 Shady Ln, Unit 3821 Shady Lane3821 Shady Ln3BR,1.5BA$1.19
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
El Tovar Apartments2 bedroom 1 Bathroom2BR,1BA$1.36
Westwill ApartmentsOne Bedroom1BR,1BA$1.06
Van Dyke Village Apartments2B 9402BR,1BA$1.17
Friendship Meadows LDHA2 Bedroom2BR,1BA$1.37
3931 W Lafayette Blvd, Unit 13931 W Lafayette Blvd1BR,1BA$1.34

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Frequently Asked Questions about Downtown Detroit

What type of rentals are currently available in Downtown Detroit?

There are currently 581 Apartments for Rent in Downtown Detroit, MI with pricing that ranges from $445 to $9,170. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Detroit ranging from $850 to $10,000.

What is the current price range for Rental Homes in Downtown Detroit?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Detroit ranges from $850 to $10,000 with an average monthly rent of $3,157.

How much are larger Three and Four Bedroom Rentals in Downtown Detroit?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Detroit range from $950 to $7,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,500.

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.

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.