
Cheap Homes for Rent in Forest Park Neighborhood of Detroit, MI from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Park area of Detroit.


406 West St
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.

223 E Ferry St, Unit 103

223 E Ferry St, Unit 201
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.

272 Hendrie St
Forest Park, Detroit, MI Local Guide

How much does it cost to rent a home in Forest Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Park 2 Bedroom Homes for Rent | $2,268 | $1,100 | $3,000 |
| Forest Park 3 Bedroom Homes for Rent | $1,425 | $1,425 | $1,425 |
| Forest Park 4 Bedroom Homes for Rent | $2,650 | $2,300 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Forest Park Neighborhood of Detroit, MI.
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Forest Park, Detroit, MI Local Guide
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Cheapest Available Forest Park Apartments for Rent
 The cheapest available apartment rental in the Forest Park area of Detroit, MI is a Studio unit found at CATHEDRAL TOWER APARTMENTS priced from $663. Heather Hall has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Forest Park apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CATHEDRAL TOWER APARTMENTS | The Warren | Studio,1BA | $663 |
| Heather Hall | Studio 1 Bathroom | Studio,1BA | $705 |
| Regency Tower | Studio B | Studio,1BA | $799 |
Best Value Apartments for Rent in Forest Park, MI
As of June 06, 2026 the best value apartment in the Forest Park area is the $1.27 price per square foot Market Rent 2 Bed Model at Palmer Court Apartments in the in the Art Center neighborhood starting from $1,603. The second greatest value Forest Park apartment is the 3 Beds, 1.5 baths Model at Brainard Street Apartments starting at $1,389 with a $1.16 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Forest Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Palmer Court Apartments | Market Rent 2 Bed | 2BR,2BA | $1.27 |
| Brainard Street Apartments | 3 Beds, 1.5 baths | 3BR,1.5BA | $1.16 |
| E & B Brewery Lofts | Studio | Studio ,1BA | $1.10 |
| 5304 Mitchell St, Unit Upper Front West | 5304 Mitchell St | 2BR,1BA | $1.00 |
| The Commodore | Furnished 1 -Bedroom Apt. | 1BR,1BA | $1.56 |
| Friendship Meadows LDHA | 2 Bedroom | 2BR,1BA | $1.37 |
| 5300 Mitchell St, Unit Lower front west | 5300 Mitchell St | 2BR,1BA | $1.40 |
| Heather Hall | Studio 1 Bathroom | Studio ,1BA | $1.53 |
| Regency Tower | Studio B | Studio ,1BA | $2.15 |
| CATHEDRAL TOWER APARTMENTS | The Hancock | Studio ,1BA | $1.94 |
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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleForest Park, Detroit, MI
Ranked #35
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Forest Park
What type of rentals are currently available in Forest Park?
There are currently 166 Apartments for Rent in Forest Park, MI with pricing that ranges from $445 to $4,395. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Park ranging from $1,100 to $3,000.
What is the current price range for Rental Homes in Forest Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Park ranges from $1,100 to $3,000 with an average monthly rent of $1,963.
How much are larger Three and Four Bedroom Rentals in Forest Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Park range from $1,389 to $4,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $1,425. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,000.
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

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.

The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
Written by: Tim Brown
Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown
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 and have witnessed the city and its surrounding metro area undergo a renaissance.

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.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.