Cheap Apartments for Rent in the Islandview Neighborhood of Detroit, MI from $500 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Islandview area of 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 799 E Grand Blvd

$1,100 - $1,850

1 To 2 Bedroom Rentals

Available Apr 26

799 E Grand Blvd

DetroitMI48207

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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Islandview Apartments
Studio to 2 Bedroom Apartments

Islandview Apartments

445 Field StDetroit, MI 48214
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Grand Place Apartments
Studio to 1 Bedroom Apartments

Grand Place Apartments

190 E Grand BlvdDetroit, MI 48207
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Noel Village
1 to 3 Bedroom Apartments

Noel Village

2158 Chene StDetroit, MI 48207
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1780 Van Dyke
1 Bedroom Apartments

1780 Van Dyke

1780 Van DykeDetroit, MI 48214
  • Utilities Included

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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Wilner's Arms
Studio to 2 Bedroom Apartments

Wilner's Arms

133 E Grand BlvdDetroit, MI 48207
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Chene Park Commons
1 to 2 Bedroom Apartments

Chene Park Commons

2001 Chene StDetroit, MI 48207
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703 Parker St
1 Bedroom Apartments

703 Parker St

703 Parker StDetroit, MI 48214
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Elmwood Tower
1 Bedroom Apartments

Elmwood Tower

1325 Chene StDetroit, MI 48207
Senior Living
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Regency Place
1 to 2 Bedroom Apartments

Regency Place

1941 Chene CtDetroit, MI 48207
  • Utilities Included

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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Circle Drive Commons
2 to 3 Bedroom Apartments

Circle Drive Commons

1440 Robert Bradby DrDetroit, MI 48207
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1084 Van Dyke St
1 Bedroom Apartments

1084 Van Dyke St

1084 Van Dyke StDetroit, MI 48214
Military
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Showing Results 1-35, Page 1 of 1

Islandview, Detroit, MI Local Guide

Cheapest Available Islandview Apartments for Rent

 

The cheapest available apartment rental in the Islandview area of Detroit, MI is a Studio unit found at Alden Towers priced from $715. Jennings Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here are the most affordable Islandview apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Alden TowersStudioStudio,1BA$715
Jennings Senior LivingModel1A1BR,1BA$720
Regency TowerStudio BStudio,1BA$799
El Tovar Apartments1 bedroom 1 Bathroom1BR,1BA$850
Parkview Senior ApartmentsStudioStudio,1BA$919
Beach Club DetroitStudioStudio,1BA$999
City Club Apartments Lafayette ParkA1BR,1BA$1,020
Owen Park ApartmentsSingle1BR,1BA$1,050
Van Dyke Village Apartments2B 9602BR,1BA$1,066

Best Value Apartments for Rent in Islandview, MI

As of April 25, 2026 the best value apartment in the Islandview area is the $1.31 price per square foot 2404 Baldwin St Model at 2404 Baldwin St, Unit 2404 in the in the Islandview neighborhood starting from $1,472. The second greatest value Islandview apartment is the 3801 Ellery St Model at 3801 Ellery St, Unit Kiley Faraci starting at $1,050 with a $1.05 price per square foot in the Islandview neighborhood. Here is today’s list of the best values for Islandview apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2404 Baldwin St, Unit 24042404 Baldwin St2BR,1BA$1.31
3801 Ellery St, Unit Kiley Faraci3801 Ellery St2BR,1BA$1.05
Van Dyke Village Apartments2B 9402BR,1BA$1.17
The Coe at West VillageThe Earl1BR,1BA$1.78
Owen Park ApartmentsSingle1BR,1BA$1.50
Beach Club DetroitStudioStudio ,1BA$1.52
El Tovar Apartments2 bedroom 1 Bathroom2BR,1BA$2.06
Jennings Senior LivingModel1A1BR,1BA$1.31
City Club Apartments Lafayette ParkA31BR,1BA$1.96
Parkview Senior ApartmentsStudioStudio ,1BA$2.13

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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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.

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States, including Detroit. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Islandview Apartments

What is a cheap apartment in Islandview?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Islandview is under $1,066.

What is the price of a cheap apartment in Islandview?

The cheapest apartment in Islandview is Jennings Senior Living which is listed at $720, while the average apartment in Islandview costs $2,210.

What types of apartments are the cheapest in Islandview?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 13 regular apartments in Islandview that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

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.

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.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.