Cheap Homes for Rent in Elmwood Park Neighborhood of Detroit, MI from $1,100 (12 Rentals)

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

property at 2900 E Jefferson Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 2 Bath Condo for Rent

Available Now

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.

property at 2900 E Jefferson Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

2900 E Jefferson Ave

DetroitMI48207

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 Towers priced from $799. Pasadena Investments LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Elmwood Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Regency TowersStudio BStudio,1BA$799
Pasadena Investments LLCST/1B1BR,1BA$800
El Tovar Apartments1 bedroom 1 Bathroom1BR,1BA$850
Lafayette TowersFoxStudio,1BA$880
PalmsStudio A3Studio,1BA$895

Best Value Apartments for Rent in Elmwood Park, MI

As of March 20, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceRooftop - 3/23BR,2BA$1.56
E & B Brewery LoftsStudioStudio ,1BA$1.10
743 Beaubien St, Unit 303743 Beaubien St1BR,1BA$1.40
2502 Baldwin St, Unit 12502 Baldwin St3BR,2BA$1.47
Jean RivardThe Ottowa1BR,1BA$1.33
Palms EastBalcony1BR,1BA$1.69
El Tovar Apartments1 bedroom 1 Bathroom1BR,1BA$1.31
Lafayette Park Place - Detroit, MIStudioStudio ,1BA$1.69
Lafayette TowersFoxStudio ,1BA$1.67
Pasadena Investments LLCST/1BStudio ,1BA$1.60

Frequently Asked Questions about Elmwood Park

What type of rentals are currently available in Elmwood Park?

There are currently 79 Apartments for Rent in Elmwood Park, MI with pricing that ranges from $645 to $3,150. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood Park ranging from $1,100 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 $1,100 to $3,250 with an average monthly rent of $2,126.

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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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

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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.

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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.

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The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown

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Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.