Cheap Apartments for Rent in the Elmwood Park Neighborhood of Detroit, MI from $600 (25 Rentals)

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

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Noel Village
1 to 3 Bedroom Apartments

Noel Village

2158 Chene StDetroit, MI 48207
  • Utilities Included

Check Out Detroit’s Best Affordable Neighborhoods

Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown

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Regency Place
1 to 2 Bedroom Apartments

Regency Place

1941 Chene CtDetroit, MI 48207
  • Utilities Included
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Palms Apartments
2 Bedroom Apartments

Palms Apartments

1001 E Jefferson AveDetroit, MI 48207
  • Utilities Included
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Elmwood Park, Detroit, MI Local Guide

Cheapest Available Elmwood Park Apartments for Rent

 

The cheapest available apartment rental in the Elmwood Park area of Detroit, MI is a Studio unit found at El Tovar Apartments priced from $645. Pasadena Investments LLC has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Elmwood Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
El Tovar ApartmentsStudioStudio,1BA$645
Pasadena Investments LLCST/1BStudio,1BA$800
Regency TowersStudio AStudio,1BA$840
Manchester ApartmentsStudio 1 BathroomStudio,1BA$845
City Place DetroitStudio ApartmentStudio,1BA$900

Best Value Apartments for Rent in Elmwood Park, MI

As of May 29, 2025 the best value apartment in the Elmwood Park area is the $0.96 price per square foot Single Model at Guoin Street Lofts in the in the Downtown Detroit neighborhood starting from $1,450. The second greatest value Elmwood Park apartment is the Rooftop - 3/2 Model at River Place starting at $2,100 with a $1.68 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Elmwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Guoin Street LoftsSingle1BR,1BA$0.96
River PlaceRooftop - 3/23BR,2BA$1.68
743 Beaubien St, Unit 303743 Beaubien StStudio ,1BA$1.35
El Tovar Apartments2 bedroom 1 Bathroom2BR,1BA$1.36
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.47
Lafayette TowersFisher1BR,1BA$1.48
Palms EastBalcony1BR,1BA$1.62
Manchester Apartments1 Bedroom 1 Bathroom1BR,1BA$1.71
Elmwood TowerOne Bedroom1BR,1BA$1.82
Pasadena Investments LLCST/1BStudio ,1BA$1.60

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Elmwood Park, Detroit, MI

Ranked #39

Among neighborhoods in Detroit, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Michigan and customized analysis for Central Detroit, MI. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Elmwood Park Apartments

What is the Cheapest Studio apartment in Elmwood Park?

Currently the most affordable Cheap Studio Apartment in Elmwood Park is at Pasadena Investments LLC listed at $800.

How much is rent for a Cheap One Bedroom Elmwood Park Apartment?

The lowest price for a Cheap One Bedroom Elmwood Park Apartment is $900 at Pasadena Investments LLC.

What is the lowest price for a Cheap Two Bedroom Elmwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood Park is starting from $1,295 at El Tovar Apartments.

What is the most affordable Elmwood Park Three Bedroom Apartment?

The best deal on a cheap Elmwood Park 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.

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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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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.