1565 Cherboneau Pl
DetroitMI48207
Cheap Homes for Rent in Lafayette Park Neighborhood of Detroit, MI from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Lafayette Park area of Detroit.
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.
534 St Maron Pl
DetroitMI48207
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1941 Orleans St
DetroitMI48207
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Lafayette Park, Detroit, MI Local Guide
How much does it cost to rent a home in Lafayette Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette Park 2 Bedroom Homes for Rent | $2,378 | $1,475 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Lafayette Park Neighborhood of Detroit, MI.
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Lafayette Park, Detroit, MI Local Guide
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Best Value Apartments for Rent in Lafayette Park, MI
As of July 07, 2025 the best value apartment in the Lafayette Park area is the $0.96 price per square foot Single Model at Guoin Street Lofts in the in the Downtown Detroit neighborhood starting from $1,450. The second greatest value Lafayette Park apartment is the Rooftop - 3/2 Model at River Place starting at $2,100 with a $1.68 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Lafayette Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Guoin Street Lofts | Single | 1BR,1BA | $0.96 |
| River Place | Rooftop - 3/2 | 3BR,2BA | $1.68 |
| 743 Beaubien St, Unit 303 | 743 Beaubien St | 1BR,1BA | $1.35 |
| The Claridge Apartments | 1bed/ 1bath | 1BR,1BA | $1.36 |
| Lafayette Park Place - Detroit, MI | One Bedroom | 1BR,1BA | $1.47 |
| Friendship Meadows LDHA | 2 Bedroom | 2BR,1BA | $1.37 |
| Lafayette Towers | Fisher | 1BR,1BA | $1.48 |
| Palms East | Balcony | 1BR,1BA | $1.69 |
| New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
| Pasadena Investments LLC | ST/1B | Studio ,1BA | $1.60 |
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Frequently Asked Questions about Lafayette Park
What type of rentals are currently available in Lafayette Park?
There are currently 137 Apartments for Rent in Lafayette Park, MI with pricing that ranges from $445 to $7,200. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette Park ranging from $1,200 to $3,500.
What is the current price range for Rental Homes in Lafayette Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lafayette Park ranges from $1,200 to $3,500 with an average monthly rent of $1,989.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.