Cheap Apartments for Rent in the Riverfront Neighborhood of Detroit, MI from $500 (59 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverfront area of Detroit.

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14th Street Lofts
1 to 2 Bedroom Apartments

14th Street Lofts

2101 W Lafayette BlvdDetroit, MI 48216
  • Utilities Included

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.

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Coat Factory Lofts
Studio Apartments

Coat Factory Lofts

1652 W Fort StDetroit, MI 48216
  • Utilities Included
property at 524 Pitt St W

$1,137

1 Bedroom Rentals

Available Now

524 Pitt St W

WindsorONN9A 5M2
property at 444 Park St W

$1,300

1 Bedroom Rentals

Available Now

444 Park St W

WindsorONN9A 5V3
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Carnegie
Rent Specials
$1,315 - $1,920
Total Monthly Price

Total Monthly Price

Base Rent
$1,315 - $1,920

Total Monthly Price
$1,315 - $1,920
1 to 2 Bedroom Apartments Available Now

Carnegie

450 Victoria AveWindsor, ON N9A 6T7
Family Friendly
  • Verified
  • 3D Tour
  • Smoke Free

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.

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Royal Windsor Apartments
$900 - $1,450Studio to 2 Bedroom Apartments

Royal Windsor Apartments

280 Park St WWindsor, ON N9A 5T8
  • Utilities Included
  • Smoke Free

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.

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Riverview Apartments
$1,075 - $1,525Studio to 2 Bedroom Apartments

Riverview Apartments

1475 Riverside Dr WWindsor, ON N9B 1A3
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533 Church St
$1,100Studio to 2 Bedroom Apartments

533 Church St

533 Church StWindsor, ON N9A 4T2
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Ouellette Tower Apartments
$1,142 - $2,102Studio to 3 Bedroom Apartments

Ouellette Tower Apartments

737 Ouellette AveWindsor, ON N9A 6T5
  • Utilities Included
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Windsor Tower
$1,195 - $1,4951 to 2 Bedroom Apartments

Windsor Tower

780 Ouellette AvWindsor, ON N9A 1C5
  • Utilities Included

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

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308 Randolph Av
$1,250 - $1,450Studio to 2 Bedroom Apartments

308 Randolph Av

308 Randolph AvWindsor, ON N9B 2T6
  • Utilities Included
  • Smoke Free
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Askin Tower Apartments
$1,250 - $1,280Studio to 2 Bedroom Apartments

Askin Tower Apartments

275 Askin AveWindsor, ON N9B 3R5
property at 181 California Av

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom, 1 Bath Home for Rent

Available Now

181 California Av

WindsorONN9B 2Y4
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First Place Apartments
$1,345 - $1,4451 to 3 Bedroom Apartments

First Place Apartments

475 Bruce AveWindsor, ON N9A 6W9
  • Utilities Included
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285 Cameron Ave
$1,3502 Bedroom Apartments

285 Cameron Ave

285 Cameron AveWindsor, ON N9B 1Y5

The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

Riverfront, Detroit, MI Local Guide

Cheapest Available Riverfront Apartments for Rent

 

The cheapest available apartment rental in the Riverfront area of Detroit, MI is a Studio unit found at New Cadillac Square Apartments priced from $795. Town Residences has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Riverfront apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Town ResidencesS3Studio,1BA$840
The CornerStudio (S)Studio,1BA$1,050
Left FieldStudioStudio,1BA$1,050
Riverview ApartmentsBachelor ApartmentStudio,1BA$1,075
Royal Windsor Apartments1 Bed, 1 bath1BR,1BA$1,095
Ouellette Tower Apartments0 Beds, 1 BathsStudio,1BA$1,142
Windsor TowerSmall One Bedroom Apartment without Balcony1BR,1BA$1,195
Askin Tower Apartments1 Beds, 1 Baths1BR,1BA$1,250
CarnegieStudio1BR,1BA$1,315

Best Value Apartments for Rent in Riverfront, MI

As of April 28, 2026 the best value apartment in the Riverfront area is the $1.70 price per square foot 2016 Wabash St Model at 2016 Wabash St, Unit Upstairs in the in the Downtown Detroit neighborhood starting from $1,550. The second greatest value Riverfront apartment is the 2014 Wabash St Model at 2014 Wabash St, Unit 1 starting at $1,550 with a $1.72 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Riverfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2016 Wabash St, Unit Upstairs2016 Wabash St2BR,1BA$1.70
2014 Wabash St, Unit 12014 Wabash St2BR,1BA$1.72
Detroit Savings BankX021BR,1BA$2.17
Caron Tower Apartments2 Beds, 1 Baths2BR,1BA$1.79
The Checker BuildingThe Checker - 1 Bed 1 Bath1BR,1BA$2.16
The Millie on BrushAd - Deluxe1BR,1BA$1.82
Millwood Place ApartmentsOne Bedroom Apartment1BR,1BA$1.99
University Ave Apartments WindsorOne Bedroom Apartment1BR,1BA$2.11
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
Town ResidencesS14Studio ,1BA$2.18

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Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Lifestyle Ratings

This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Michigan and customized analysis for Detroit, Michigan. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Riverfront Apartments

What is the Cheapest Studio apartment in Riverfront?

Currently the most affordable Cheap Studio Apartment in Riverfront is at New Cadillac Square Apartments listed at $795.

How much is rent for a Cheap One Bedroom Riverfront Apartment?

The lowest price for a Cheap One Bedroom Riverfront Apartment is $935 at New Cadillac Square Apartments.

What is the lowest price for a Cheap Two Bedroom Riverfront Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverfront is starting from $1,280 at Askin Tower Apartments.

What is the most affordable Riverfront Three Bedroom Apartment?

The best deal on a cheap Riverfront Three Bedroom Apartment rental is at The Assembly and starts from $3,785.

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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insiders 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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.