Cheap Homes for Rent in Detroit, MI from $500 (526 Rentals)

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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.

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Detroit, MI Local Guide

Cheapest Neighborhoods for Apartments in Detroit, MI

Pricing Updated: 12/23/2025

Current apartment rentals in the Detroit, MI area range in price from $410 to $16,796 with an overall median price of $2,757. The three Detroit neighborhoods with the lowest median rent pricing are Downtown Redford at $645, Western View at $645, and Redford at $599. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Detroit Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Redford$895$6452
Western View$895$6452
Redford$936$59911
Westwood Park$944$6454
Brooks$960$8752
Mackenzie$972$7005
Rosedale$984$64547
Barton$995$6306
North Rosedale Park$997$65533
Riverdale$997$59943

Cheapest Available Detroit Apartments for Rent

 

The cheapest available apartment rental in Detroit, MI is a 1 Bed unit found at Manchester Place Apartments in the University District neighborhood priced from $410. Friendship Meadows LDHA in the Downtown Detroit neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $445. Here is today’s list of the most affordable Detroit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Manchester Place Apartments1x11BR,1BA$410
Friendship Meadows LDHA1 Bedroom1BR,1BA$445
New Center CommonsStudioStudio,1BA$585
2023 Tuxedo StStudio1BR,1BA$595
120 Glynn Ct.StudioStudio,1BA$595
Hazelwood ManorStudioStudio,1BA$600
Anthos GardensAffordable Eastside Detroit 1 Bed Ready to Go1BR,1BA$600
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$621
The Woodford ApartmentsStudio w/ KitchenetteStudio,1BA$625
HolbrookCortez Studio 1 BathroomStudio,1BA$630

Best Value Apartments for Rent in Detroit, MI

As of December 23, 2025 the best value apartment in the Detroit area is the $0.81 price per square foot 9421 Joseph Campau St Model at 9421 Joseph Campau St, Unit 9421-2 in the in the Midtown Detroit neighborhood starting from $2,750. The second greatest value Detroit apartment is the 9412 Joseph Campau St Model at 9412 Joseph Campau St, Unit 9412 starting at $2,700 with a $0.82 price per square foot in the Midtown Detroit neighborhood. Here is today’s list of the best values for Detroit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9421 Joseph Campau St, Unit 9421-29421 Joseph Campau St1BR,1BA$0.81
9412 Joseph Campau St, Unit 94129412 Joseph Campau St1BR,1BA$0.82
86 Englewood St, Unit 9286 Englewood St4BR,1BA$0.57
68 E Philadelphia St2 Beds, 1 bath2BR,1BA$0.89
The Charlotte Detroit1BR/1.0BA1BR,1BA$0.70
The OxleyGarden 2 Bedroom2BR,2BA$0.83
3324 17th St, Unit Upper3324 17th St2BR,1BA$0.79
16224 Kentucky St, Unit Top 216224 Kentucky St2BR,1BA$0.83
3237 Tyler St, Unit Lower3237 Tyler St3BR,1BA$0.90
Manchester Place Apartments1x11BR,1BA$0.63

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Detroit, MI Area Reviews

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Frequently Asked Questions about Detroit

What type of rentals are currently available in Detroit?

There are currently 2682 Apartments for Rent in Detroit, MI with pricing that ranges from $410 to $16,745. There are also 1249 Single Family Homes for rent, Condos, and Townhome rentals currently available in Detroit ranging from $525 to $6,500.

What is the current price range for Rental Homes in Detroit?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Detroit ranges from $525 to $6,500 with an average monthly rent of $1,773.

How much are larger Three and Four Bedroom Rentals in Detroit?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Detroit range from $525 to $7,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $790.

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

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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.