Cheap Homes for Rent in Downtown Detroit Neighborhood of Detroit, MI from $900 (35 Rentals)

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

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 55+ Friendship Meadows (Senior Housing) priced from $479. 71 Garfield St has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Downtown Detroit apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
55+ Friendship Meadows (Senior Housing)1x11BR,1BA$479
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
Pasadena Investments LLCST/1BStudio,1BA$800
Manchester ApartmentsStudio 1 BathroomStudio,1BA$845
Broderick ManorOne Bedroom, One Bathroom (Junior)1BR,1BA$845
Heather HallStudio 1 BathroomStudio,1BA$845

Best Value Apartments for Rent in Downtown Detroit, MI

As of June 20, 2025 the best value apartment in the Downtown Detroit area is the $0.96 price per square foot Single Model at Guoin Street Lofts in the in the Downtown Detroit neighborhood starting from $1,450. The second greatest value Downtown Detroit apartment is the Two Bedroom Model at Westwill Apartments starting at $1,580 with a $1.13 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.
Guoin Street LoftsSingle1BR,1BA$0.96
Westwill ApartmentsTwo Bedroom2BR,1BA$1.13
The Murray1 Bed/1 Bath1BR,1BA$1.12
743 Beaubien St, Unit 303743 Beaubien StStudio ,1BA$1.35
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
El Tovar Apartments2 bedroom 1 Bathroom2BR,1BA$1.36
Van Dyke Village Apartments2B 9402BR,1BA$1.17
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.47
55+ Friendship Meadows (Senior Housing)2x12BR,1BA$1.45
71 Garfield StStudio, 1 bathStudio ,1BA$1.40

Quick Rent Budget Calculator

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Frequently Asked Questions about Downtown Detroit

What type of rentals are currently available in Downtown Detroit?

There are currently 590 Apartments for Rent in Downtown Detroit, MI with pricing that ranges from $450 to $8,150. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Detroit ranging from $900 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 $900 to $10,000 with an average monthly rent of $3,406.

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 $850 to $7,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,800. Four Bedroom Single-Family rentals are also available starting from $2,100 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.

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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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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.