Cheap Apartments for Rent in the Eastern Market Neighborhood of Detroit, MI from $715 (34 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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28Grand
$1,070 - $1,390

Total Monthly Price

Base Rent$1,070 - $1,390
Total Monthly Price$1,070 - $1,390
Studio Apartments Available Sep 21

28Grand

28 W Grand River AveDetroit, MI 48226
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Showing Results 1-34, 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
City Place DetroitStudio ApartmentStudio,1BA$900
The BarlumStudioStudio,1BA$905
Lafayette TowersFillmoreStudio,1BA$911
The PavilionAntietamStudio,1BA$924
Beach Club DetroitStudioStudio,1BA$1,000
The AlexandrineStudio, 1 BathroomStudio,1BA$1,100
The Amsterdam LoftsA1 - Affordable Program StudioStudio,1BA$1,105

Best Value Apartments for Rent in Eastern Market, MI

As of September 06, 2026 the best value apartment in the Eastern Market area is the $1.45 price per square foot Brownstone - 2/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $1,850. 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.
River PlaceBrownstone - 2/22BR,2BA$1.45
E & B Brewery LoftsStudioStudio ,1BA$1.10
Union at Midtown2x2 Individual Bedroom1BR,1BA$1.25
The Millie on BrushAd - Deluxe1BR,1BA$1.66
Philip HouzeOne Bedroom, One Bath (A1)1BR,1BA$2.08
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
Lafayette TowersFillmoreStudio ,1BA$1.60
The PavilionAntietamStudio ,1BA$1.71

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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 a cheap apartment in Eastern Market?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Eastern Market is under $1,105.

What is the price of a cheap apartment in Eastern Market?

The cheapest apartment in Eastern Market is New Cadillac Square Apartments which is listed at $935, while the average apartment in Eastern Market costs $1,765.

What types of apartments are the cheapest in Eastern Market?

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

How do the prices of cheap apartments compare to the average apartment in Eastern Market?

Cheap apartments in Eastern Market have an average cost of $338 which is $1,427 cheaper than the average rent for all rentals in Eastern Market.

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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