150 Park St W
WindsorONN9A 7A2
Cheap Homes for Rent in Downtown Neighborhood of Detroit, MI from $1,500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Detroit.
150 Park St W
WindsorONN9A 7A2
3716 Lincoln St, Unit Unit 5
3716 Lincoln St
DetroitMI48208
300 Riverfront Dr, Unit C
300 Riverfront Dr
DetroitMI48226
1450 6th St, Unit A
1450 6th St
DetroitMI48226
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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150 Park St W
WindsorONN9A 7A2
111 Riverside Dr E
WindsorONN9A 2S6
111 Riverside Dr E
WindsorONN9A 2S6
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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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150 PARK 2701 Park
WindsorONN9A 7A2
150 Park St W
WindsorONN9A 7A2
111 Riverside Dr E
WindsorONN9A 2S6
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.
Showing Results 1-21, Page 1 of 1
Downtown, Detroit, MI Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $2,574 | $1,650 | $5,350 |
| Downtown 3 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Detroit, MI.
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Downtown, Detroit, MI Local Guide
- Nearby Detroit neighborhoods
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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 $740. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heather Hall | Studio 1 Bathroom | Studio,1BA | $740 |
| New Cadillac Square Apartments | Studio / One Bathroom ($795) | Studio,1BA | $795 |
| Town Residences | S8 | Studio,1BA | $895 |
| Fyfe Apartments | S2 (Studio / One Bathroom Classic) | Studio,1BA | $895 |
| City Place Detroit | Studio Apartment | Studio,1BA | $900 |
Best Value Apartments for Rent in Downtown, MI
As of November 08, 2025 the best value apartment in the Downtown area is the $1.60 price per square foot C2PH - 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 The Elmwood Model at The Ferguson starting at $2,065 with a $1.78 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. |
|---|---|---|---|
| The Millie on Brush | C2PH - Penthouse | 2BR,2BA | $1.60 |
| The Ferguson | The Elmwood | 1BR,1BA | $1.78 |
| The Claridge Apartments | 1bed/ 1bath | 1BR,1BA | $1.36 |
| Jean Rivard | The Ottowa | 1BR,1BA | $1.42 |
| New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
| Wabash Flats | 1B/1B | 1BR,1BA | $1.88 |
| Philip Houze | Studio | Studio ,1BA | $2.04 |
| Fyfe Apartments | S1 (Studio / One Bathroom) | Studio ,1BA | $1.96 |
| City Place Detroit | Renovated Studio | Studio ,1BA | $2.08 |
| Heather Hall | Studio 1 Bathroom | Studio ,1BA | $1.61 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleThe Best Detroit Area Neighborhoods for Off-Campus Housing Renters
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Do you know the Downtown area?
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown, Detroit, MI
Ranked #11
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 158 Apartments for Rent in Downtown, MI with pricing that ranges from $795 to $7,200. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,550 to $5,350.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,550 to $5,350 with an average monthly rent of $2,237.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.