Cheap Apartments for Rent in the Eastern Market Neighborhood of Detroit, MI from $700 (35 Rentals)

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

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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Showing Results 1-35, Page 1 of 1

Eastern Market, Detroit, MI Local Guide

Cheapest Available Eastern Market Apartments for Rent

 

The cheapest available apartment rental in the Eastern Market area of Detroit, MI is a Studio unit found at Alden Towers priced from $700. New Cadillac Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Eastern Market apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Alden TowersStudioStudio,1BA$700
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Town ResidencesS8Studio,1BA$895
PalmsStudio A8Studio,1BA$895
BrainardOne Bedroom1BR,1BA$895
City Place DetroitStudio ApartmentStudio,1BA$900
eXchange ApartmentsS2af (Affordable Housing)Studio,1BA$995
The BarlumStudioStudio,1BA$995
Beach Club DetroitStudioStudio,1BA$999
Briggs HouzeStudioStudio,1BA$999

Best Value Apartments for Rent in Eastern Market, MI

As of November 24, 2025 the best value apartment in the Eastern Market area is the $1.68 price per square foot Rooftop - 3/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $2,100. The second greatest value Eastern Market apartment is the C Model at Waters Edge Apartments of Harbortown starting at $1,916 with a $1.63 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Eastern Market apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceRooftop - 3/23BR,2BA$1.68
Waters Edge Apartments of HarbortownC2BR,2BA$1.63
Carnegie2 Bedroom, 2 Bathroom2BR,2BA$1.79
Trumbull Terrace2 Bedroom2BR,1BA$1.67
The Kales Building1 Bedroom, 1 Bathroom1BR,1BA$1.79
The Millie on BrushAd - Deluxe1BR,1BA$1.70
Beach Club DetroitStudioStudio ,1BA$1.52
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Brainard1 Bedroom + Den1BR,1BA$1.99
City Place DetroitRenovated StudioStudio ,1BA$2.08

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.

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The 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

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Pet Friendly Lifestyle
Eastern Market, Detroit, MI

Ranked #18

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Eastern Market Neighborhood in Detroit, MI

Walk Score®

82 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Eastern Market Apartments

What is the Cheapest Studio apartment in Eastern Market?

Currently the most affordable Cheap Studio Apartment in Eastern Market is at Alden Towers listed at $700.

How much is rent for a Cheap One Bedroom Eastern Market Apartment?

The lowest price for a Cheap One Bedroom Eastern Market Apartment is $895 at Brainard.

What is the lowest price for a Cheap Two Bedroom Eastern Market Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Eastern Market is starting from $1,135 at Alden Towers.

What is the most affordable Eastern Market Three Bedroom Apartment?

The best deal on a cheap Eastern Market Three Bedroom Apartment rental is at River Place and starts from $2,100.

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.

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.