
Cheap Homes for Rent in Elmwood Eastern Market Lafayette Park Neighborhood of Detroit, MI from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood Eastern Market Lafayette Park area of Detroit.
Elmwood Eastern Market Lafayette Park, Detroit, MI Local Guide

How much does it cost to rent a home in Elmwood Eastern Market Lafayette Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elmwood Eastern Market Lafayette Park 2 Bedroom Homes for Rent | $1,806 | $1,475 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Elmwood Eastern Market Lafayette Park Neighborhood of Detroit, MI.
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Elmwood Eastern Market Lafayette Park, Detroit, MI Local Guide
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Best Value Apartments for Rent in Elmwood Eastern Market Lafayette Park, MI
As of July 15, 2025 the best value apartment in the Elmwood Eastern Market Lafayette Park 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 Elmwood Eastern Market Lafayette Park apartment is the 743 Beaubien St Model at 743 Beaubien St, Unit 303 starting at $1,485 with a $1.35 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Elmwood Eastern Market Lafayette Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Place | Rooftop - 3/2 | 3BR,2BA | $1.68 |
743 Beaubien St, Unit 303 | 743 Beaubien St | 1BR,1BA | $1.35 |
Lafayette Park Place - Detroit, MI | One Bedroom | 1BR,1BA | $1.47 |
Friendship Meadows LDHA | 2 Bedroom | 2BR,1BA | $1.37 |
Lafayette Towers | Fisher | 1BR,1BA | $1.48 |
Palms East | Balcony | 1BR,1BA | $1.69 |
Central Park | One Bedroom | 1BR,1BA | $1.73 |
Manchester Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.71 |
New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
Pasadena Investments LLC | ST/1B | Studio ,1BA | $1.60 |
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Frequently Asked Questions about Elmwood Eastern Market Lafayette Park
What type of rentals are currently available in Elmwood Eastern Market Lafayette Park?
There are currently 90 Apartments for Rent in Elmwood Eastern Market Lafayette Park, MI with pricing that ranges from $445 to $7,220. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Eastern Market Lafayette Park ranging from $1,200 to $2,245.
What is the current price range for Rental Homes in Elmwood Eastern Market Lafayette Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmwood Eastern Market Lafayette Park ranges from $1,200 to $2,245 with an average monthly rent of $1,831.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.