
Cheap Homes for Rent in Islandview Neighborhood of Detroit, MI from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Islandview area of Detroit.


3478 Ludden St

Fully Renovated 3-Bedroom Home – Move-In Ready for You!

226 Mt Elliott St, Unit SI ID1437646P
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.

2972 Field St

8200 E Jefferson Ave

534 St Maron Pl, Unit 107

6533 E Jefferson Ave, Unit 117
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.
Islandview, Detroit, MI Local Guide

How much does it cost to rent a home in Islandview?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Islandview 2 Bedroom Homes for Rent | $1,836 | $845 | $2,300 |
| Islandview 3 Bedroom Homes for Rent | $1,804 | $1,338 | $2,295 |
| Islandview 4 Bedroom Homes for Rent | $2,766 | $2,200 | $3,300 |
| Islandview 5 Bedroom Homes for Rent | $2,550 | $2,550 | $2,550 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Islandview Neighborhood of Detroit, MI.
Explore Detroit
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alden Towers | Studio | Studio,1BA | $715 |
| Jennings Senior Living | Model1A | 1BR,1BA | $720 |
| Regency Tower | Studio B | Studio,1BA | $799 |
Best Value Apartments for Rent in Islandview, MI
As of June 10, 2026 the best value apartment in the Islandview area is the $1.35 price per square foot 2x2 Model at Village Park Apartments in the in the Gold Coast neighborhood starting from $1,413. The second greatest value Islandview apartment is the 2 Bed 1 Bath Model at Van Dyke Village Apartments starting at $1,250 with a $1.30 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Islandview apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Village Park Apartments | 2x2 | 2BR,2BA | $1.35 |
| Van Dyke Village Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.30 |
| 7850 East Jefferson | Two Bedroom | 2BR,1BA | $1.32 |
| 920 E Grand Blvd, Unit E grand | 920 E Grand Blvd | Studio ,1BA | $0.94 |
| Owen Park Apartments | Single | 1BR,1BA | $1.50 |
| Beach Club Detroit | Studio | Studio ,1BA | $1.52 |
| Jennings Senior Living | Model1A | 1BR,1BA | $1.31 |
| City Club Apartments Lafayette Park | A3 | 1BR,1BA | $1.96 |
| 1000 Van Dyke | 1BR/1.0BA | 1BR,1BA | $2.35 |
| Regency Tower | Studio B | Studio ,1BA | $2.15 |
Frequently Asked Questions about Islandview
What type of rentals are currently available in Islandview?
There are currently 85 Apartments for Rent in Islandview, MI with pricing that ranges from $715 to $2,476. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Islandview ranging from $845 to $3,300.
What is the current price range for Rental Homes in Islandview?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Islandview ranges from $845 to $3,300 with an average monthly rent of $2,124.
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

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.

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.

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.

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.