
Cheap Apartments for Rent in the Downtown Neighborhood of Detroit, MI from $660 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Detroit.


The Amo

New Cadillac Square Apartments

Town Residences

Wabash Flats

City Place Detroit

The Hive on Russell

The Pavilion

The Charlotte

Corktown Ash Apartments
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Philip Houze

Jean Rivard

Total Monthly Price
28Grand

The Broderick Tower (MCI)

Fyfe Apartments

Lafayette West Apartments

The Claridge Apartments

The Ashley

Left Field

Detroit Savings Bank
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Eddystone

Capitol Park Lofts

Riverfront Towers

Addison Apartments

The Farwell

The Lofts of Merchants Row
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1711 10th St

1612 Bagley St

Total Monthly Price
The Stott

Total Monthly Price
The Residences at City Modern

743 Beaubien St, Unit 303

Elliott Building R

CBD Detroit Apartments

The Albert - Capitol Park

The Residences Water Square

The Kales Building
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Total Monthly Price
The Press/321

Total Monthly Price
The Assembly

Heather Hall

Kamper Stevens Senior Community

Briggs Houze

The Corner

Coat Factory Lofts

14th Street Lofts

2623 Cochrane St

Residences at 150 Bagley
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Downtown, Detroit, MI Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,284 | $660 | $2,650 |
| Downtown 1 Bedroom Apartments | $1,852 | $750 | $5,240 |
| Downtown 2 Bedroom Apartments | $2,864 | $1,120 | $10,000+ |
| Downtown 3 Bedroom Apartments | $4,825 | $3,200 | $7,290 |
Browse Apartments in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Detroit, MI.
See all Apartments in DetroitExplore Detroit
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Henry Street Apartments | Studio | Studio,1BA | $660 |
| Heather Hall | Studio 1 Bathroom | Studio,1BA | $750 |
| New Cadillac Square Apartments | Studio / One Bathroom ($795) | Studio,1BA | $795 |
| Wabash Flats | Studio | Studio,1BA | $855 |
| City Place Detroit | Studio Apartment | Studio,1BA | $900 |
| The Amo | The Peterboro | 1BR,1BA | $900 |
| The Hive on Russell | Studio, 1 bath | Studio,1BA | $905 |
| The Pavilion | Lafayette | Studio,1BA | $928 |
| The Charlotte | Studio 1 Bath | Studio,1BA | $1,015 |
| The Broderick Tower (MCI) | The Crane | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 743 Beaubien St, Unit 303 | 743 Beaubien St | 1BR,1BA | $1.40 |
| 525 W Lafayette Blvd, Unit 16C | 525 W Lafayette Blvd | 1BR,1BA | $2.01 |
| The Millie on Brush | A2PH - Penthouse | 1BR,1BA | $1.83 |
| Henry Street Apartments | One Bedroom | 1BR,1BA | $1.23 |
| Millwood Place Apartments | One Bedroom Apartment | 1BR,1BA | $1.99 |
| Corktown Ash Apartments | Standard | 2BR,1BA | $1.87 |
| New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
| The Claridge Apartments | Penthouse Studio | Studio ,1BA | $1.98 |
| Heather Hall | Studio 1 Bathroom | Studio ,1BA | $1.63 |
| Wabash Flats | Studio | Studio ,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.
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