Cheap Apartments for Rent in the Eastern Market Neighborhood of Detroit, MI from $700 (31 Rentals)

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

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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.

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28Grand
$1,010 - $1,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,390
Total Monthly Price
$1,010 - $1,390
Studio Apartments Available Aug 17

28Grand

28 W Grand River AveDetroit, MI 48226
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Showing Results 1-31, 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 $715. 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$715
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Regency TowerStudio BStudio,1BA$799
The PalmsStudio A11Studio,1BA$895
City Place DetroitStudio ApartmentStudio,1BA$900
The BarlumStudioStudio,1BA$905
Philip HouzeStudioStudio,1BA$975
Beach Club DetroitStudioStudio,1BA$999
The PavilionAntietamStudio,1BA$999
The FarwellX01-38Studio,1BA$1,100

Best Value Apartments for Rent in Eastern Market, MI

As of July 22, 2026 the best value apartment in the Eastern Market area is the $1.21 price per square foot Masonic Model at Lafayette Towers in the in the Necklace District neighborhood starting from $1,491. The second greatest value Eastern Market apartment is the Studio Model at E & B Brewery Lofts starting at $1,295 with a $1.10 price per square foot in the Necklace District 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.
Lafayette TowersMasonic2BR,2BA$1.21
E & B Brewery LoftsStudioStudio ,1BA$1.10
The BoulevardMilwaukee2BR,2BA$1.96
Philip Houze2 Bedroom 2 Bath2BR,2BA$2.06
The Millie on BrushA2p - Premium1BR,1BA$2.05
River PlaceApartment - 1/11BR,1BA$1.33
Union at Midtown2x2 Individual Bedroom1BR,1BA$1.34
The Brooke on Bagley1 Bed / 1 Bath1BR,1BA$2.05
Beach Club DetroitStudioStudio ,1BA$1.52
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Eastern Market, Detroit, MI

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $715.

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

The lowest price for a Cheap One Bedroom Eastern Market Apartment is $935 at New Cadillac Square Apartments.

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 $1,055 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 Alden Towers and starts from $2,210.

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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