Cheap Homes for Rent in the Near East Side Neighborhood of Detroit, MI from $600 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Near East Side 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.

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.

Cheapest Available Near East Side Apartments for Rent

 

The cheapest available apartment rental in the Near East Side area of Detroit, MI is a 1 Bed unit found at Friendship Meadows Senior LDHA priced from $445. 7850 East Jefferson has the second lowest priced unit, which is a Studio apartment currently listed from $603. Here are the most affordable Near East Side apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Friendship Meadows Senior LDHA1 Bedroom1BR,1BA$445
7850 East JeffersonStudioStudio,1BA$603
Alden TowersStudioStudio,1BA$715
Jennings Senior LivingModel1A1BR,1BA$720
Regency TowerStudio BStudio,1BA$799

Best Value Apartments for Rent in Near East Side, MI

As of July 12, 2026 the best value apartment in the Near East Side area is the $1.41 price per square foot Brownstone - 2/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $1,800. The second greatest value Near East Side apartment is the Studio Model at E & B Brewery Lofts starting at $1,295 with a $1.10 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Near East Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceBrownstone - 2/22BR,2BA$1.41
E & B Brewery LoftsStudioStudio ,1BA$1.10
Village Park Apartments2x22BR,2BA$1.35
Van Dyke Village Apartments2 Bed 1 Bath2BR,1BA$1.30
5304 Mitchell St, Unit Upper Front West5304 Mitchell St2BR,1BA$1.00
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.47
Friendship Meadows Senior LDHA2 Bedroom2BR,1BA$1.37
Owen Park ApartmentsSingle1BR,1BA$1.50
Jennings Senior LivingModel1A1BR,1BA$1.31
5300 Mitchell St, Unit Lower front west5300 Mitchell St2BR,1BA$1.40

Frequently Asked Questions about Near East Side

What type of rentals are currently available in Near East Side?

There are currently 251 Apartments for Rent in Near East Side, MI with pricing that ranges from $445 to $6,180. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near East Side ranging from $650 to $5,000.

What is the current price range for Rental Homes in Near East Side?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Near East Side ranges from $650 to $5,000 with an average monthly rent of $1,841.

How much are larger Three and Four Bedroom Rentals in Near East Side?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Near East Side range from $1,037 to $5,140, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,200.

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

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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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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.

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The Detroit Insider's 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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.