Cheap Homes for Rent in Detroit, MI from $500 (420 Rentals)

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Search the lowest-cost Homes available for rent right now in Detroit.

property at 14150 Fairmount Dr

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

1 Bedroom, 1 Bath Condo for Rent

Available Now

14150 Fairmount Dr, Unit Upper Flat

14150 Fairmount Dr
DetroitMI48205

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.

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property at 11721 Otsego St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

6 Bedroom, 2 Bath Home for Rent

Available Now

11721 Otsego St

DetroitMI48204
property at 2201 Sonoma St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

2201 Sonoma St

FerndaleMI48220

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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property at 3785 12th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Condo for Rent

Available Now

3785 12th St, Unit Uint 2S

3785 12th St
EcorseMI48229
property at 20415 W 7 Mile Rd

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Condo for Rent

Available Now

20415 W 7 Mile Rd, Unit #302

20415 W 7 Mile Rd
DetroitMI48219

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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property at 14940 Longacre St

$866

Total Monthly Price

Total Monthly Price

Base Rent
$866
Total Monthly Price
$866

1 Bedroom, 1 Bath Condo for Rent

Available Now

14940 Longacre St

DetroitMI48227

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 9

Detroit, MI Local Guide

Cheapest Neighborhoods for Apartments in Detroit, MI

Pricing Updated: 08/10/2026

Current apartment rentals in the Detroit, MI area range in price from $300 to $10,364 with an overall median price of $1,466. The three Detroit neighborhoods with the lowest median rent pricing are Pulaski at $795, Springwells at $800, and Mt Olivet at $810. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Detroit Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Pulaski$795$6954
Springwells$800$6004
Mt Olivet$810$6955
Osborn$810$7113
Van Stueban$810$7113
Burbank$825$7953
Mohican Regent$837$69510
Belmont$850$5504
Brooks$850$85010
Cerveny$850$5505

Cheapest Available Detroit Apartments for Rent

 

The cheapest available apartment rental in Detroit, MI is a Studio unit found at Garages-413 Saint John-Wyandotte in the Downtown Lincoln Park neighborhood priced from $125. Greenfield Park Apartments in the Pembroke neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Detroit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garages-413 Saint John-WyandotteGarages-413 Saint John-Wyandotte - 6Studio,1BA$125
Greenfield Park Apartments1 Bedroom1BR,1BA$550
New Center CommonsStudioStudio,1BA$585
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$591
120 Glynn Ct.StudioStudio,1BA$595
2023 Tuxedo StStudioStudio,1BA$595
7850 East JeffersonStudioStudio,1BA$603
12775 Plymouth RdStudioStudio,1BA$605
The Woodford ApartmentsStudio w/ KitchenetteStudio,1BA$625
Parkside ApartmentsStudio, 1 bathStudio,1BA$650

Best Value Apartments for Rent in Detroit, MI

As of August 10, 2026 the best value apartment in the Detroit area is the $0.75 price per square foot 9644 Joseph Campau St Model at 9644 Joseph Campau St in the in the Downtown Hamtramck neighborhood starting from $1,850. The second greatest value Detroit apartment is the single famiy home Model at 330 Westminster St starting at $1,600 with a $0.91 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.
9644 Joseph Campau St9644 Joseph Campau St1BR,1BA$0.75
330 Westminster Stsingle famiy home3BR,1BA$0.91
20221 Tireman St, Unit 20225Tireman Ave20221 Tireman St2BR,1BA$0.76
1528 Virginia Park St, Unit 1528A1528 Virginia Park St3BR,1BA$0.81
Highland ManorTwo Bedroom2BR,2BA$0.87
Chicago TownhomesChicago Townhomes - 209212BR,1BA$0.95
Emerald Springs2 Bedroom Townhome2BR,1.5BA$0.94
4203 Tyler St2 Beds, 1 Baths2BR,1BA$0.94
Greenfield Park Apartments1 Bedroom1BR,1BA$0.85
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$0.94

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.

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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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Detroit, MI Area Reviews

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Margie • 4+ years in Detroit

June 2, 2026

Only two bedroom apartment for the aging 55

Frequently Asked Questions about Detroit

What type of rentals are currently available in Detroit?

There are currently 2651 Apartments for Rent in Detroit, MI with pricing that ranges from $445 to $10,364. There are also 1028 Single Family Homes for rent, Condos, and Townhome rentals currently available in Detroit ranging from $525 to $7,900.

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 $7,900 with an average monthly rent of $1,553.

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 $800 to $7,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $795.

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

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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.