Cheap Apartments for Rent in the Lafayette Park Neighborhood of Detroit, MI from $400 (52 Rentals)

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

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Noel Village
1 to 3 Bedroom Apartments

Noel Village

2158 Chene StDetroit, MI 48207
  • Utilities Included
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Elmwood Tower
1 Bedroom Apartments

Elmwood Tower

1325 Chene StDetroit, MI 48207
Senior Living
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Broderick Tower
Studio to 3 Bedroom Apartments

Broderick Tower

10 Witherell StDetroit, MI 48226
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Regency Place
1 to 2 Bedroom Apartments

Regency Place

1941 Chene CtDetroit, MI 48207
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Showing Results 1-50, Page 1 of 2

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 LDHA priced from $445. New Cadillac Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Lafayette Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Friendship Meadows LDHA1 Bedroom1BR,1BA$445
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Pasadena Investments LLCST/1BStudio,1BA$800
Regency TowersStudio BStudio,1BA$850
Parkview Senior ApartmentsStudioStudio,1BA$875
PalmsStudio A8Studio,1BA$895
Fyfe ApartmentsS2 (Studio / One Bathroom Classic)Studio,1BA$895
City Place DetroitStudio ApartmentStudio,1BA$900
Lafayette TowersFillmoreStudio,1BA$911
28GrandUnit A - ADAStudio,1BA$975

Best Value Apartments for Rent in Lafayette Park, MI

As of November 06, 2025 the best value apartment in the Lafayette Park area is the $1.68 price per square foot Rooftop - 3/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $2,100. The second greatest value Lafayette Park apartment is the Two Bedroom Apartment Model at Lafayette Park Place - Detroit, MI starting at $1,500 with a $1.50 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 PlaceRooftop - 3/23BR,2BA$1.68
Lafayette Park Place - Detroit, MITwo Bedroom Apartment2BR,1.5BA$1.50
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
The Millie on BrushA1d - Deluxe1BR,1BA$1.62
Lafayette TowersGuardian1BR,1BA$1.48
Jean RivardThe Ottowa1BR,1BA$1.42
Friendship Meadows LDHA2 Bedroom2BR,1BA$1.37
Central ParkOne Bedroom1BR,1BA$1.68
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Pasadena Investments LLCST/1BStudio ,1BA$1.60

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lafayette Park, Detroit, MI

Ranked #16

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.

Getting Around the Lafayette Park Neighborhood in Detroit, MI

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $975.

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

The cheapest apartment in Lafayette Park is Friendship Meadows LDHA which is listed at $445, while the average apartment in Lafayette Park costs $3,540.

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 56 regular apartments in Lafayette Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lafayette Park?

Cheap apartments in Lafayette Park have an average cost of $420 which is $3,120 cheaper than the average rent for all rentals in Lafayette Park.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.