Cheap Apartments for Rent in the Downtown Neighborhood of Detroit, MI from $700 (70 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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Coat Factory Lofts
Studio Apartments

Coat Factory Lofts

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

2623 Cochrane St

2623 Cochrane StDetroit, MI 48216
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Security Trust Lofts
Studio to 2 Bedroom Apartments

Security Trust Lofts

735 Griswold StDetroit, MI 48226
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The Malcomson
1 to 3 Bedroom Apartments

The Malcomson

1215 Griswold StDetroit, MI 48226
property at 3716 Lincoln St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

3716 Lincoln St, Unit Unit 5

3716 Lincoln St
DetroitMI48208

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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 $790. 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$790
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Fyfe ApartmentsS1 (Studio / One Bathroom Classic)Studio,1BA$895
City Place DetroitStudio ApartmentStudio,1BA$900
Town ResidencesS8Studio,1BA$935
28GrandUnit BStudio,1BA$940
Briggs HouzeStudioStudio,1BA$999
The CharlotteStudio 1 BathStudio,1BA$1,000
Corktown Ash ApartmentsStandard1BR,1BA$1,049
The AmoThe PeterboroStudio,1BA$1,050

Best Value Apartments for Rent in Downtown, MI

As of April 08, 2026 the best value apartment in the Downtown area is the $1.83 price per square foot 3bed/2.5bath Penthouse Model at The Claridge Apartments in the in the Necklace District neighborhood starting from $3,300. The second greatest value Downtown apartment is the The Crest Model at Elliott Building, LLC starting at $3,650 with a $2.12 price per square foot in the Necklace District 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 Claridge Apartments3bed/2.5bath Penthouse3BR,2.5BA$1.83
Elliott Building, LLCThe Crest2BR,2.5BA$2.12
The Millie on BrushC3PH - Penthouse2BR,2BA$1.73
Addison ApartmentsThe Cobb1BR,1BA$1.96
Jean RivardThe Ottowa1BR,1BA$1.33
Millwood Place ApartmentsOne Bedroom Apartment1BR,1BA$1.99
University Ave Apartments WindsorOne Bedroom Apartment1BR,1BA$2.11
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Philip HouzeStudioStudio ,1BA$2.04
Heather HallStudio 1 BathroomStudio ,1BA$1.72

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 New Cadillac Square Apartments which is listed at $935, while the average apartment in Downtown costs $3,799.

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 83 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 $358 which is $3,441 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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