Cheap Apartments for Rent in the Lafayette Park Neighborhood of Detroit, MI from $400 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lafayette Park area of Detroit.

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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28Grand
$1,070 - $1,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $1,390
Total Monthly Price
$1,070 - $1,390
Studio Apartments Available Aug 24

28Grand

28 W Grand River AveDetroit, MI 48226
Furnished
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Noel Village
1 to 3 Bedroom Apartments

Noel Village

2158 Chene StDetroit, MI 48207
  • Utilities Included

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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Chene Park Commons
1 to 2 Bedroom Apartments

Chene Park Commons

2001 Chene StDetroit, MI 48207
  • Utilities Included
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Briggs Houze
Studio to 2 Bedroom Apartments

Briggs Houze

114 W Adams RdDetroit, MI 48226
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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
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Circle Drive Commons
2 to 3 Bedroom Apartments

Circle Drive Commons

1440 Robert Bradby DrDetroit, MI 48207
  • Utilities Included

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 1-43, Page 1 of 1

Lafayette Park, Detroit, MI Local Guide

Cheapest Available Lafayette Park Apartments for Rent

 

The cheapest available apartment rental in the Lafayette Park area of Detroit, MI is a 1 Bed unit found at Friendship Meadows Senior LDHA priced from $445. Regency Tower has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Lafayette Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Friendship Meadows Senior LDHA1 Bedroom1BR,1BA$445
Regency TowerStudio BStudio,1BA$749
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Pasadena ApartmentsST/1BStudio,1BA$849
The AmoThe CliffordStudio,1BA$850
The PalmsStudio A11Studio,1BA$895
City Place DetroitStudio ApartmentStudio,1BA$900
Parkview Senior ApartmentsStudioStudio,1BA$919
The PavilionLafayetteStudio,1BA$1,003
City Club Apartments Lafayette ParkA2 Aff1BR,1BA$1,045

Best Value Apartments for Rent in Lafayette Park, MI

As of July 30, 2026 the best value apartment in the Lafayette Park area is the $1.26 price per square foot Apartment - 2/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $1,600. The second greatest value Lafayette Park apartment is the Masonic Model at Lafayette Towers starting at $1,491 with a $1.21 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Lafayette Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceApartment - 2/22BR,2BA$1.26
Lafayette TowersMasonic2BR,2BA$1.21
E & B Brewery LoftsStudioStudio ,1BA$1.10
The Millie on BrushA2p - Premium1BR,1BA$2.05
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.47
Friendship Meadows Senior LDHA2 Bedroom2BR,1BA$1.37
Palms EastBalcony1BR,1BA$1.69
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
City Club Apartments Lafayette ParkA31BR,1BA$1.96
Pasadena ApartmentsST/1BStudio ,1BA$1.70

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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Pet Friendly Lifestyle
Lafayette Park, Detroit, MI

Ranked #19

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Detroit. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lafayette Park Apartments

What is a cheap apartment in Lafayette Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lafayette Park is under $1,045.

What is the price of a cheap apartment in Lafayette Park?

The cheapest apartment in Lafayette Park is Friendship Meadows Senior LDHA which is listed at $445, while the average apartment in Lafayette Park costs $3,950.

What types of apartments are the cheapest in Lafayette Park?

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 19 regular apartments in Lafayette Park 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.

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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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