2528 Helen St
DetroitMI48207
Cheap Homes for Rent in Elmwood Neighborhood of Detroit, MI from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood area of Detroit.
6533 E Jefferson Ave
DetroitMI48207
1565 Cherboneau Pl
DetroitMI48207
close
View Me
6533 E Jefferson Ave
DetroitMI48207
Showing Results 1-5, Page 1 of 1
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 | $1,766 | $1,100 | $2,200 |
| Elmwood 3 Bedroom Homes for Rent | $2,266 | $2,200 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Elmwood Neighborhood of Detroit, MI.
Explore Detroit
Elmwood, Detroit, MI Local Guide
- Nearby Detroit neighborhoods
- Nearby Cities
- School Districts
Cheapest Available Elmwood Apartments for Rent
The cheapest available apartment rental in the Elmwood area of Detroit, MI is a Studio unit found at Pasadena Investments LLC priced from $800. Regency Towers has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Elmwood apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pasadena Investments LLC | ST/1B | Studio,1BA | $800 |
| Regency Towers | Studio B | Studio,1BA | $850 |
| El Tovar Apartments | 1 bedroom 1 Bathroom | 1BR,1BA | $875 |
Best Value Apartments for Rent in Elmwood, MI
As of November 03, 2025 the best value apartment in the Elmwood area is the $1.68 price per square foot Rooftop - 3/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $2,100. The second greatest value Elmwood apartment is the Two Bedroom Apartment Model at Lafayette Park Place - Detroit, MI starting at $1,500 with a $1.50 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 | Rooftop - 3/2 | 3BR,2BA | $1.68 |
| Lafayette Park Place - Detroit, MI | Two Bedroom Apartment | 2BR,1.5BA | $1.50 |
| Jean Rivard | The Ottowa | 1BR,1BA | $1.42 |
| Palms East | Balcony | 1BR,1BA | $1.69 |
| El Tovar Apartments | 1 bedroom 1 Bathroom | 1BR,1BA | $1.34 |
| Central Park | One Bedroom | 1BR,1BA | $1.68 |
| Lafayette Towers | Fillmore | Studio ,1BA | $1.60 |
| City Club Apartments Lafayette Park | A1 | 1BR,1BA | $2.05 |
| Pasadena Investments LLC | ST/1B | Studio ,1BA | $1.60 |
| Parkview Senior Apartments | Studio | Studio ,1BA | $2.03 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Elmwood area?
If you’re an expert on all things Elmwood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleElmwood, Detroit, MI
Ranked #42
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 75 Apartments for Rent in Elmwood, MI with pricing that ranges from $645 to $3,150. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $1,100 to $2,300.
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 $2,300 with an average monthly rent of $1,906.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.