1565 Cherboneau Pl
DetroitMI48207
Cheap Homes for Rent in the Elmwood Neighborhood of Detroit, MI from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood area of Detroit.
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$1,2002 Bedroom Apartments Available Now
2925 Helen St
2925 Helen StDetroit, MI 48207
2224 Helen St
DetroitMI48207
Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide
Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.
1575 Cherboneau Pl
DetroitMI48207
1515 Cherboneau Pl
DetroitMI48207
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$1,404
Total Monthly Price
1 Bedroom Apartments Available Sep 5Total Monthly Price
Base Rent
$1,404
Total Monthly Price
$1,404
226 Mt Elliott St, Unit SI ID1437646P
226 Mt Elliott StDetroit, MI 48207
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,4301 Bedroom Apartments Available Sep 4
226 Mt Elliott St, Unit SI ID1437639P
226 Mt Elliott StDetroit, MI 48207
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Elmwood, Detroit, MI Local Guide
How much does it cost to rent a home in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood 2 Bedroom Homes for Rent | $1,998 | $1,400 | $2,495 |
| Elmwood 3 Bedroom Homes for Rent | $3,150 | $3,150 | $3,150 |
| Elmwood 4 Bedroom Homes for Rent | $2,050 | $1,300 | $2,800 |
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 7 rentals with your search options within a 1 mile radius of the Elmwood Neighborhood of Detroit, MI.
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Elmwood, Detroit, MI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Regency Tower | Studio B | Studio,1BA | $749 |
| Pasadena Apartments | ST/1B | Studio,1BA | $849 |
| The Palms | Studio A11 | Studio,1BA | $895 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Place | Apartment - 2/2 | 2BR,2BA | $1.26 |
| Lafayette Towers | Masonic | 2BR,2BA | $1.21 |
| E & B Brewery Lofts | Studio | Studio ,1BA | $1.10 |
| The Pavilion | Diamond Jefferson | 2BR,1BA | $2.06 |
| Lafayette Park Place - Detroit, MI | One Bedroom | 1BR,1BA | $1.47 |
| Palms East | Balcony | 1BR,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 |
| Parkview Senior Apartments | Studio | Studio ,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
Read ArticleReal 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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Pet Friendly LifestyleElmwood, Detroit, MI
Ranked #47
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Elmwood
What type of rentals are currently available in Elmwood?
There are currently 77 Apartments for Rent in Elmwood, MI with pricing that ranges from $799 to $3,150. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $1,100 to $3,150.
What is the current price range for Rental Homes in Elmwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmwood ranges from $1,100 to $3,150 with an average monthly rent of $2,191.
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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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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