Cheap Homes for Rent in Detroit, MI from $500 (427 Rentals)

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

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.

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property at 15608 Wabash St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

15608 Wabash St

DetroitMI48238

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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property at 17189 Santa Rosa Dr

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

2 Bedroom, 1 Bath Townhome for Rent

Available Now

17189 Santa Rosa Dr

DetroitMI48221

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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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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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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Detroit, MI Local Guide

Cheapest Neighborhoods for Apartments in Detroit, MI

Pricing Updated: 04/12/2026

Current apartment rentals in the Detroit, MI area range in price from $291 to $13,524 with an overall median price of $2,337. The three Detroit neighborhoods with the lowest median rent pricing are Warren Grove at $800, Belmont at $720, and Cerveny at $720. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Detroit Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Warren Grove$800$8001
Belmont$925$72011
Cerveny$925$7208
North Rosedale Park$984$65514
Rosedale$984$65030
Rosedale Park$984$65519
Westwood Park$985$65031
Boynton$990$67521
Maplelawn$1,025$67531
Pershing$1,045$7118

Cheapest Available Detroit Apartments for Rent

 

The cheapest available apartment rental in Detroit, MI is a 1 Bed unit found at Friendship Meadows LDHA in the Downtown Detroit neighborhood priced from $445. New Center Commons in the Art Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $585. Here is today’s list of the most affordable Detroit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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
12775 Plymouth RdStudioStudio,1BA$605
80 Seward ApartmentsStudio1BR,1BA$615
The Woodford ApartmentsStudio w/ KitchenetteStudio,1BA$625
Parkside ApartmentsStudio, 1 bathStudio,1BA$650
Dearborn Town Center SeniorOne Bedroom Apartment1BR,1BA$655

Best Value Apartments for Rent in Detroit, MI

As of April 12, 2026 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 9450 Joseph Campau St Model at 9450 Joseph Campau St, Unit 9450-2 starting at $2,500 with a $0.81 price per square foot in the Downtown Hamtramck 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
9450 Joseph Campau St, Unit 9450-29450 Joseph Campau St1BR,1.5BA$0.81
961 Nottingham Rd, Unit 961 Lower961 Nottingham Rd3BR,1BA$0.54
1639 Gladstone St, Unit Gladstone Property1639 Gladstone St3BR,1BA$0.63
9644 Joseph Campau St, Unit 2W9644 Joseph Campau St1BR,1BA$0.75
330 Westminster Stsingle famiy home3BR,1BA$0.91
The OxleyGarden 2 Bedroom2BR,2BA$0.90
15849 Indiana St, Unit Upper unit15849 Indiana St2BR,1BA$0.60
Highland ManorTwo Bedroom2BR,2BA$0.87
Sandhurst Apartments1 Bedroom1BR,1BA$0.94

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 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!

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 2652 Apartments for Rent in Detroit, MI with pricing that ranges from $445 to $10,329. There are also 1029 Single Family Homes for rent, Condos, and Townhome rentals currently available in Detroit ranging from $525 to $5,500.

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 $5,500 with an average monthly rent of $1,589.

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 $885 to $8,011, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,200 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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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.

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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.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.