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20129 Stratford Rd, Unit 2
20129 Stratford RdDetroit, MI 48221
Cheap Homes for Rent in the Palmer Park Neighborhood of Detroit, MI from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Palmer Park area of Detroit.
106 Geneva Ave
Highland ParkMI48203
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.
615 W Hollywood Ave
Highland ParkMI48203
615 W Hollywood Ave
Highland ParkMI48203
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.
20096 Shrewsbury Rd
DetroitMI48221
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Palmer Park, Detroit, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Palmer Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer Park 4 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
| Palmer Park 5 Bedroom Homes for Rent | $1,750 | $1,450 | $1,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.
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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 |
| The Baxter Apartments | 1BR/1BA | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Palmer Park, MI
As of July 16, 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 $1,075 with a $1.08 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 | $1.08 |
| 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 69 Apartments for Rent in Palmer Park, MI with pricing that ranges from $749 to $1,495. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer Park ranging from $1,450 to $5,000.
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 $1,450 to $5,000 with an average monthly rent of $3,375.
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.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
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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.