Cheap Apartments for Rent in the Downtown Neighborhood of Detroit, MI from $700 (75 Rentals)

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

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Heather Hall
Studio to 1 Bedroom Apartments

Heather Hall

3444 2nd AveDetroit, MI 48201
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Philip Houze
Studio to 2 Bedroom Apartments

Philip Houze

415 Clifford StDetroit, MI 48226
Corporate Housing
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14th Street Lofts
1 to 2 Bedroom Apartments

14th Street Lofts

2101 W Lafayette BlvdDetroit, MI 48216
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Coat Factory Lofts
Studio Apartments

Coat Factory Lofts

1652 W Fort StDetroit, MI 48216
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2623 Cochrane St
1 to 2 Bedroom Apartments

2623 Cochrane St

2623 Cochrane StDetroit, MI 48216
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The Malcomson
1 to 3 Bedroom Apartments

The Malcomson

1215 Griswold StDetroit, MI 48226

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Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Detroit, MI is a Studio unit found at Heather Hall priced from $705. New Cadillac Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Downtown apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Heather HallStudio 1 BathroomStudio,1BA$705
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
City Place DetroitStudio ApartmentStudio,1BA$900
The AmoThe PeterboroStudio,1BA$900
Town ResidencesS10Studio,1BA$935
The CharlotteStudio 1 BathStudio,1BA$975
Briggs HouzeStudioStudio,1BA$975
The CornerStudio (S)Studio,1BA$1,050
Left FieldStudioStudio,1BA$1,050
The PavilionLafayetteStudio,1BA$1,050

Best Value Apartments for Rent in Downtown, MI

As of May 24, 2026 the best value apartment in the Downtown area is the $1.78 price per square foot CPH - Penthouse Model at The Millie on Brush in the in the Necklace District neighborhood starting from $2,195. The second greatest value Downtown apartment is the 2016 Wabash St Model at 2016 Wabash St, Unit Upstairs starting at $1,550 with a $1.70 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Millie on BrushCPH - Penthouse2BR,2BA$1.78
2016 Wabash St, Unit Upstairs2016 Wabash St2BR,1BA$1.70
2014 Wabash St, Unit 12014 Wabash St2BR,1BA$1.61
Jean RivardThe Quarter1BR,1BA$1.27
The Kales Building1 Bedroom, 1 Bathroom1BR,1BA$1.91
Millwood Place ApartmentsOne Bedroom Apartment1BR,1BA$1.99
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
The Claridge ApartmentsPenthouse StudioStudio ,1BA$1.98
Briggs HouzeStudioStudio ,1BA$1.81
Heather HallStudio 1 BathroomStudio ,1BA$1.53

Frequently Asked Questions about Cheap Downtown Apartments

What is a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,050.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Heather Hall which is listed at $900, while the average apartment in Downtown costs $4,050.

What types of apartments are the cheapest in Downtown?

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 64 regular apartments in Downtown 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?

Cheap apartments in Downtown have an average cost of $354 which is $3,696 cheaper than the average rent for all rentals in Downtown.

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.

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