Cheap Apartments for Rent in the Elmwood Park Neighborhood of Detroit, MI from $635 (39 Rentals)

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

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

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property at 226 Mt Elliott St

$1,372 - $1,427

Total Monthly Price

Total Monthly Price

Base Rent
$1,372
Total Monthly Price
$1,372

1 Bedroom Rentals

Available Sep 7

226 Mt Elliott St

DetroitMI48207
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Noel Village
1 to 3 Bedroom Apartments

Noel Village

2158 Chene StDetroit, MI 48207
  • Utilities Included

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

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Chene Park Commons
1 to 2 Bedroom Apartments

Chene Park Commons

2001 Chene StDetroit, MI 48207
  • Utilities Included
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El Tovar Apartments
Studio to 2 Bedroom Apartments

El Tovar Apartments

320 E Grand BlvdDetroit, MI 48207
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Elmwood Tower
1 Bedroom Apartments

Elmwood Tower

1325 Chene StDetroit, MI 48207
Senior Living
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Regency Place
1 to 2 Bedroom Apartments

Regency Place

1941 Chene CtDetroit, MI 48207
  • Utilities Included

The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

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Circle Drive Commons
2 to 3 Bedroom Apartments

Circle Drive Commons

1440 Robert Bradby DrDetroit, MI 48207
  • Utilities Included
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K8 Apartments
3 Bedroom Apartments

K8 Apartments

7243 Kercheval StDetroit, MI 48214
  • Utilities Included
Showing Results 1-39, Page 1 of 1

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 Parkview Senior Apartments priced from $734. Regency Tower has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Elmwood Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Parkview Senior ApartmentsStudioStudio,1BA$734
Regency TowerStudio BStudio,1BA$799
Pasadena ApartmentsST/1BStudio,1BA$849
City Place DetroitStudio ApartmentStudio,1BA$900
The Hive on RussellStudio, 1 bathStudio,1BA$905
The PavilionLafayetteStudio,1BA$928
City Club Apartments Lafayette ParkA4 Aff1BR,1BA$1,045
445 E Grand Blvd.1BR/1.0BA1BR,1BA$1,050
The Palms1 Bedroom 1 Bath B21BR,1BA$1,195
Palms EastGarden 1 Bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Elmwood Park, MI

As of August 23, 2026 the best value apartment in the Elmwood Park area is the $1.39 price per square foot Cadillac Model at Lafayette Towers in the in the Necklace District neighborhood starting from $3,000. The second greatest value Elmwood Park apartment is the Brownstone - 2/2 Model at River Place starting at $1,800 with a $1.41 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.
Lafayette TowersCadillac3BR,2BA$1.39
River PlaceBrownstone - 2/22BR,2BA$1.41
E & B Brewery LoftsStudioStudio ,1BA$1.10
The PavilionDiamond Jefferson2BR,1BA$2.05
743 Beaubien St, Unit 303743 Beaubien St1BR,1BA$1.40
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.59
Palms EastBalcony1BR,1BA$1.69
City Club Apartments Lafayette ParkA31BR,1BA$1.96
Pasadena ApartmentsST/1BStudio ,1BA$1.70
Parkview Senior ApartmentsStudioStudio ,1BA$1.70

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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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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 a cheap apartment in Elmwood Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elmwood Park is under $1,200.

What is the price of a cheap apartment in Elmwood Park?

The cheapest apartment in Elmwood Park is Parkview Senior Apartments which is listed at $786, while the average apartment in Elmwood Park costs $1,425.

What types of apartments are the cheapest in Elmwood Park?

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 4 regular apartments in Elmwood Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

Helpful Local Expert Guides

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Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Metro Detroit. As covered in other articles, the City of Detroit has much to offer to renters.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

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The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown

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I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

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Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

Articles, How-To's, and Tips

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