
Cheap Homes for Rent in Palmer Park Neighborhood of Detroit, MI from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Palmer Park area of Detroit.


17325 Warrington Dr, Unit 17325
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.

7010 Thatcher St

17150 Santa Rosa Dr
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.

404 W Goldengate St
Palmer Park, Detroit, MI Local Guide

How much does it cost to rent a home in Palmer Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer Park 2 Bedroom Homes for Rent | $1,183 | $1,150 | $1,200 |
| Palmer Park 3 Bedroom Homes for Rent | $2,200 | $1,400 | $3,000 |
| Palmer Park 4 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Palmer Park Neighborhood of Detroit, MI.
Explore Detroit
Cheapest Available Palmer Park Apartments for Rent
 The cheapest available apartment rental in the Palmer Park area of Detroit, MI is a 1 Bed unit found at Palmer Lofts Apartments priced from $850. RCI Covington Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Palmer Park apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palmer Lofts Apartments | 1 BR/1 Bath | 1BR,1BA | $850 |
| RCI Covington Apartments | Studio | Studio,1BA | $875 |
| Palmer Park Square | 1BR/1BA | 1BR,1BA | $1,016 |
Best Value Apartments for Rent in Palmer Park, MI
As of April 15, 2026 the best value apartment in the Palmer Park area is the $1.00 price per square foot 2 Bedroom Townhome Model at RCI Covington Townhouses in the in the Pembroke neighborhood starting from $1,395. The second greatest value Palmer Park apartment is the Two Bedroom Model at RCI Shelbourne starting at $1,195 with a $1.09 price per square foot in the Pembroke neighborhood. Here is today’s list of the best values for Palmer Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| RCI Covington Townhouses | 2 Bedroom Townhome | 2BR,1BA | $1.00 |
| RCI Shelbourne | Two Bedroom | 2BR,1BA | $1.09 |
| Palmer Park Square | 1BR/1BA | 1BR,1BA | $1.23 |
| The Baxter Apartments | 1BR/1BA | 1BR,1BA | $1.54 |
| Palmer Lofts Apartments | 1 BR/1 Bath | 1BR,1BA | $1.31 |
| RCI Covington Apartments | Studio | Studio ,1BA | $1.75 |
Frequently Asked Questions about Palmer Park
What type of rentals are currently available in Palmer Park?
There are currently 67 Apartments for Rent in Palmer Park, MI with pricing that ranges from $850 to $1,495. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer Park ranging from $1,150 to $3,000.
What is the current price range for Rental Homes in Palmer Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palmer Park ranges from $1,150 to $3,000 with an average monthly rent of $1,816.
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

A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
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I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
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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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Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.