6533 E Jefferson Ave, Unit 602T
6533 E Jefferson Ave
DetroitMI48207
Cheap Homes for Rent in Elmwood Park Neighborhood of Detroit, MI from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood Park area of Detroit.
1565 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.
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$1,2002 Bedroom Apartments Available Now
3478 Ludden St
3478 Ludden StDetroit, MI 48207
1545 Cherboneau Pl, Unit 41, Unit 41
1545 Cherboneau Pl
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.
2900 E Jefferson Ave
DetroitMI48207
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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 | $1,500 | $800 | $2,200 |
| Elmwood Park 3 Bedroom Homes for Rent | $2,462 | $1,675 | $3,250 |
| Elmwood Park 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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 5 rentals with your search options within a 1 mile radius of the Elmwood Park Neighborhood of Detroit, MI.
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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 Regency Tower priced from $799. El Tovar Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Elmwood Park apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Regency Tower | Studio B | Studio,1BA | $799 |
| El Tovar Apartments | 1 bedroom 1 Bathroom | 1BR,1BA | $850 |
| Palms | Studio A3 | Studio,1BA | $895 |
Best Value Apartments for Rent in Elmwood Park, MI
As of May 05, 2026 the best value apartment in the Elmwood Park area is the $1.56 price per square foot Rooftop - 3/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $1,950. The second greatest value Elmwood Park 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 Elmwood 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 | $1.56 |
| E & B Brewery Lofts | Studio | Studio ,1BA | $1.10 |
| 743 Beaubien St, Unit 303 | 743 Beaubien St | 1BR,1BA | $1.40 |
| 3801 Ellery St, Unit Kiley Faraci | 3801 Ellery St | 2BR,1BA | $1.20 |
| Jean Rivard | The Quarter | 1BR,1BA | $1.27 |
| Lafayette Towers | Fisher | 1BR,1BA | $1.48 |
| 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 |
| El Tovar Apartments | 1 bedroom 1 Bathroom | 1BR,1BA | $1.32 |
Frequently Asked Questions about Elmwood Park
What type of rentals are currently available in Elmwood Park?
There are currently 80 Apartments for Rent in Elmwood Park, MI with pricing that ranges from $645 to $4,200. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Park ranging from $800 to $3,250.
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 $800 to $3,250 with an average monthly rent of $2,008.
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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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.