Cheap Apartments for Rent in the Elmwood Neighborhood of Detroit, MI from $600 (35 Rentals)

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

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property at 226 Mt Elliott St

$1,388

Total Monthly Price

Total Monthly Price

Base Rent
$1,388
Total Monthly Price
$1,388

1 Bedroom, 1 Bath Home for Rent

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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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
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Circle Drive Commons
2 to 3 Bedroom Apartments

Circle Drive Commons

1440 Robert Bradby DrDetroit, 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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Showing Results 1-35, Page 1 of 1

Elmwood, Detroit, MI Local Guide

Cheapest Available Elmwood Apartments for Rent

 

The cheapest available apartment rental in the Elmwood area of Detroit, MI is a Studio unit found at Regency Tower priced from $749. Pasadena Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here are the most affordable Elmwood apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Regency TowerStudio BStudio,1BA$749
Pasadena ApartmentsST/1BStudio,1BA$849
The PalmsStudio A11Studio,1BA$895
City Place DetroitStudio ApartmentStudio,1BA$900
Parkview Senior ApartmentsStudioStudio,1BA$919
The PavilionLafayetteStudio,1BA$1,021
City Club Apartments Lafayette ParkA2 Aff1BR,1BA$1,045
Palms EastGarden 1 Bedroom1BR,1BA$1,200
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1,250
Lafayette West ApartmentsStudioStudio,1BA$1,250

Best Value Apartments for Rent in Elmwood, MI

As of July 31, 2026 the best value apartment in the Elmwood area is the $1.26 price per square foot Apartment - 2/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $1,600. The second greatest value Elmwood 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceApartment - 2/22BR,2BA$1.26
Lafayette TowersMasonic2BR,2BA$1.21
E & B Brewery LoftsStudioStudio ,1BA$1.10
The PavilionDiamond Jefferson2BR,1BA$2.06
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.47
Palms EastBalcony1BR,1BA$1.69
City Club Apartments Lafayette ParkA31BR,1BA$1.96
Pasadena ApartmentsST/1BStudio ,1BA$1.70
City Place DetroitRenovated StudioStudio ,1BA$2.08
Parkview Senior ApartmentsStudioStudio ,1BA$2.13

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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Pet Friendly Lifestyle
Elmwood, Detroit, MI

Ranked #47

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Elmwood, Detroit, and the greater Detroit area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Elmwood Apartments

What is the Cheapest Studio apartment in Elmwood?

Currently the most affordable Cheap Studio Apartment in Elmwood is at Regency Tower listed at $749.

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

The lowest price for a Cheap One Bedroom Elmwood Apartment is $900 at Regency Tower.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $1,075 at Pasadena Apartments.

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.

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