Cheap Apartments for Rent in the Downtown Neighborhood of Detroit, MI from $660 (85 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.

close
View Me
28Grand
$1,070 - $1,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $1,390

Total Monthly Price
$1,070 - $1,390
Studio Apartments Available Aug 27

28Grand

28 W Grand River AveDetroit, MI 48226
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

close
View Me
The Stott
$1,535 - $7,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,535 - $7,290

Total Monthly Price
$1,535 - $7,290
Studio to 3 Bedroom Apartments Available Now

The Stott

1150 Griswold StDetroit, MI 48226
Family Friendly
  • Verified
  • 3D Tour

The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

close
View Me
The Press/321
$1,745 - $1,880
Total Monthly Price

Total Monthly Price

Base Rent
$1,745 - $1,880

Total Monthly Price
$1,745 - $1,880
Studio to 3 Bedroom Apartments Available Sep 24

The Press/321

321 W Lafayette BlvdDetroit, MI 48226
Transit Friendly
  • Verified
  • 3D Tour
close
View Me
Heather Hall
Studio to 1 Bedroom Apartments

Heather Hall

3444 2nd AveDetroit, MI 48201
close
View Me
Briggs Houze
Studio to 2 Bedroom Apartments

Briggs Houze

114 W Adams RdDetroit, MI 48226
  • Utilities Included
close
View Me
The Corner
Studio to 2 Bedroom Apartments

The Corner

1620 Michigan AveDetroit, MI 48216
Corporate Housing
close
View Me
Coat Factory Lofts
Studio Apartments

Coat Factory Lofts

1652 W Fort StDetroit, MI 48216
  • Utilities Included
close
View Me
14th Street Lofts
1 to 2 Bedroom Apartments

14th Street Lofts

2101 W Lafayette BlvdDetroit, MI 48216
  • Utilities Included
close
View Me
2623 Cochrane St
1 to 2 Bedroom Apartments

2623 Cochrane St

2623 Cochrane StDetroit, MI 48216
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Detroit, MI is a Studio unit found at Henry Street Apartments priced from $660. Heather Hall has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Downtown apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Henry Street ApartmentsStudioStudio,1BA$660
Heather HallStudio 1 BathroomStudio,1BA$750
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Wabash FlatsStudioStudio,1BA$855
City Place DetroitStudio ApartmentStudio,1BA$900
The AmoThe Peterboro1BR,1BA$900
The Hive on RussellStudio, 1 bathStudio,1BA$905
The PavilionLafayetteStudio,1BA$928
The CharlotteStudio 1 BathStudio,1BA$1,015
The Broderick Tower (MCI)The CraneStudio,1BA$1,070

Best Value Apartments for Rent in Downtown, MI

As of August 22, 2026 the best value apartment in the Downtown area is the $1.40 price per square foot 743 Beaubien St Model at 743 Beaubien St, Unit 303 in the in the Necklace District neighborhood starting from $1,545. The second greatest value Downtown apartment is the 525 W Lafayette Blvd Model at 525 W Lafayette Blvd, Unit 16C starting at $1,950 with a $2.01 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.
743 Beaubien St, Unit 303743 Beaubien St1BR,1BA$1.40
525 W Lafayette Blvd, Unit 16C525 W Lafayette Blvd1BR,1BA$2.01
The Millie on BrushA2PH - Penthouse1BR,1BA$1.83
Henry Street ApartmentsOne Bedroom1BR,1BA$1.23
Millwood Place ApartmentsOne Bedroom Apartment1BR,1BA$1.99
Corktown Ash ApartmentsStandard2BR,1BA$1.87
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
The Claridge ApartmentsPenthouse StudioStudio ,1BA$1.98
Heather HallStudio 1 BathroomStudio ,1BA$1.63
Wabash FlatsStudioStudio ,1BA$1.90

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 $1,070.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is The Amo which is listed at $900, while the average apartment in Downtown costs $1,761.

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 34 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide article

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Metro Detroit. As covered in other articles, the City of Detroit has much to offer to renters.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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.

decorative image for The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insider's 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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.