Cheap Homes for Rent in Necklace District Detroit, MI from $1,200 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in the Necklace District area of Detroit.

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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.

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Necklace District, Detroit, MI Local Guide

Cheapest Available Necklace District Apartments for Rent

 

The cheapest available apartment rental in the Necklace District area of Detroit, MI is a Studio unit found at New Cadillac Square Apartments priced from $795. Heather Hall has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Necklace District apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Heather HallStudio 1 BathroomStudio,1BA$845
Town ResidencesS8Studio,1BA$895
CBD Detroit ApartmentsStudio Affordable Program Nn-AFFStudio,1BA$895
City Place DetroitStudio ApartmentStudio,1BA$900

Best Value Apartments for Rent in Necklace District, MI

As of June 11, 2025 the best value apartment in the Necklace District area is the $1.35 price per square foot 743 Beaubien St Model at 743 Beaubien St, Unit 303 in the in the Necklace District neighborhood starting from $1,485. The second greatest value Necklace District apartment is the 1bed/ 1bath Model at The Claridge Apartments starting at $1,350 with a $1.36 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Necklace District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
743 Beaubien St, Unit 303743 Beaubien StStudio ,1BA$1.35
The Claridge Apartments1bed/ 1bath1BR,1BA$1.36
Lafayette Park Place - Detroit, MIOne Bedroom1BR,1BA$1.47
The Checker BuildingThe Checker - 1 Bed 1 Bath1BR,1BA$1.72
Palms EastBalcony1BR,1BA$1.69
The CommodoreB1 Furnished 1 Bdrm Apt.1BR,1BA$1.52
Devenir District- 711 W Alexandrine1 Bed, 1 bath1BR,1BA$1.60
Central ParkOne Bedroom1BR,1BA$1.73
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Lafayette TowersFillmoreStudio ,1BA$1.60

Quick Rent Budget Calculator

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Frequently Asked Questions about Necklace District

What type of rentals are currently available in Necklace District?

There are currently 205 Apartments for Rent in Necklace District, MI with pricing that ranges from $750 to $8,580. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Necklace District ranging from $1,200 to $3,500.

What is the current price range for Rental Homes in Necklace District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Necklace District ranges from $1,200 to $3,500 with an average monthly rent of $2,366.

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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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.