1565 Cherboneau Pl
DetroitMI48207
Cheap Homes for Rent in Elmwood Park Neighborhood of Detroit, MI from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood Park area of Detroit.
1575 Cherboneau Pl
DetroitMI48207
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
2972 Field St
DetroitMI48214
2900 E Jefferson Ave
DetroitMI48207
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Showing Results 1-4, Page 1 of 1
Elmwood Park, Detroit, MI Local Guide
How much does it cost to rent a home in Elmwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Park 2 Bedroom Homes for Rent | $1,787 | $1,450 | $2,200 |
| Elmwood Park 3 Bedroom Homes for Rent | $1,845 | $1,395 | $2,295 |
| Elmwood Park 4 Bedroom Homes for Rent | $2,250 | $2,200 | $2,300 |
| Elmwood Park 5 Bedroom Homes for Rent | $2,550 | $2,550 | $2,550 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Elmwood Park Neighborhood of Detroit, MI.
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Best Value Apartments for Rent in Elmwood Park, MI
As of June 20, 2026 the best value apartment in the Elmwood Park area is the $1.41 price per square foot Brownstone - 2/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $1,800. The second greatest value Elmwood Park apartment is the Masonic Model at Lafayette Towers starting at $1,491 with a $1.21 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Elmwood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Place | Brownstone - 2/2 | 2BR,2BA | $1.41 |
| Lafayette Towers | Masonic | 2BR,2BA | $1.21 |
| E & B Brewery Lofts | Studio | Studio ,1BA | $1.10 |
| DuCharme Place Apartments | C1 | 2BR,1BA | $2.06 |
| Palms East | Balcony | 1BR,1BA | $1.69 |
| Central Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
| Lafayette Park Place - Detroit, MI | Studio | Studio ,1BA | $1.69 |
| City Club Apartments Lafayette Park | A3 | 1BR,1BA | $1.96 |
| Pasadena Apartments | ST/1B | Studio ,1BA | $1.70 |
| City Place Detroit | Renovated Studio | Studio ,1BA | $2.08 |
Frequently Asked Questions about Elmwood Park
What type of rentals are currently available in Elmwood Park?
There are currently 78 Apartments for Rent in Elmwood Park, MI with pricing that ranges from $799 to $3,150. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Park ranging from $1,100 to $2,550.
What is the current price range for Rental Homes in Elmwood Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmwood Park ranges from $1,100 to $2,550 with an average monthly rent of $1,982.
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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.