Cheap Homes for Rent in Detroit, MI from $500 (725 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.

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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.

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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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property at 17250 Raupp Rd

17250 Raupp Rd

MelvindaleMI48122

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.

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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.

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Detroit, MI Local Guide

Cheapest Neighborhoods for Apartments in Detroit, MI

Pricing Updated: 09/14/2025

Current apartment rentals in the Detroit, MI area range in price from $410 to $13,000 with an overall median price of $2,721. The three Detroit neighborhoods with the lowest median rent pricing are Riverdale at $435, Westwood Park at $435, and Eliza Howell at $435. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Detroit Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Riverdale$760$4352
Westwood Park$895$4353
Eliza Howell$897$4357
Redford$897$4359
Brightmoor$900$43526
Castle Rouge$900$6257
Rosedale$950$43542
Springwells$977$7301
Barton$995$7504
Dexter-Linwood$1,035$59515

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
Florentine WestOne Bedroom1BR,1BA$525
New Center CommonsStudioStudio,1BA$585
2023 Tuxedo StStudio1BR,1BA$595
Anthos GardensAffordable Eastside Detroit 1 Bed Ready to Go1BR,1BA$600
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$621
Top of the Drive ApartmentsStudioStudio,1BA$625
The Woodford ApartmentsStudio w/ KitchenetteStudio,1BA$625
Franklin Village Apartments1 Bed 1 Bath1BR,1BA$646

Best Value Apartments for Rent in Detroit, MI

As of September 15, 2025 the best value apartment in the Detroit area is the $0.82 price per square foot 9412 Joseph Campau St Model at 9412 Joseph Campau St, Unit 9412 in the in the Midtown Detroit neighborhood starting from $2,700. The second greatest value Detroit apartment is the 86 Englewood St Model at 86 Englewood St, Unit 92 starting at $1,800 with a $0.62 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.
9412 Joseph Campau St, Unit 94129412 Joseph Campau St1BR,1BA$0.82
86 Englewood St, Unit 9286 Englewood St4BR,1BA$0.62
Northend Village3 Bedroom 2 Bath3BR,2BA$0.73
15452 Cedargrove StBungalow3BR,1BA$0.93
17147 Prairie St, Unit 1714917147 Prairie St2BR,1BA$0.82
2215 Lansing St2-Bedroom2BR,1BA$0.83
Santa Rosa1 Bed, 1 bath1BR,1BA$0.89
E Outer Drive Apartments1BR/1.0BA1BR,1BA$0.88
Florentine WestTwo Bedroom2BR,1BA$0.81
Manchester Place Apartments1x11BR,1BA$0.63

Quick Rent Budget Calculator

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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.

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

Explore Detroit, MI Rentals by Map

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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 2651 Apartments for Rent in Detroit, MI with pricing that ranges from $410 to $12,738. There are also 1440 Single Family Homes for rent, Condos, and Townhome rentals currently available in Detroit ranging from $545 to $5,350.

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 $545 to $5,350 with an average monthly rent of $1,872.

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 $850 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,075 and Four Bedroom Apartments start at $790.

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.

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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 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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.