
Cheap Apartments for Rent in the Riverfront Neighborhood of Detroit, MI from $700 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverfront area of Detroit.


Town Residences

The Press/321

Left Field

Wabash Flats

Riverfront Towers

Detroit Savings Bank

The Farwell
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.

The Brooke on Bagley

The Millie on Brush

Elton Park Corktown Apartments

The Stott

The Albert - Capitol Park

Perennial Corktown

Capitol Park Lofts
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.

491 Church St

423 Bruce Ave

444 Park St W

524 Pitt St W
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.

317 McKay Ave

525 Wyandotte St W

285 Cameron Ave

349 Campbell Ave

371 Bruce Ave

Riverview Apartments
The Art of the Rental Viewing: What to look for during a property tour
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.

University Ave Apartments Windsor

Millwood Place Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Riverfront, Detroit, MI Local Guide

How much does it cost to rent an apartment in Riverfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverfront Studio Apartments | $1,441 | $795 | $2,520 |
| Riverfront 1 Bedroom Apartments | $1,858 | $935 | $5,000 |
| Riverfront 2 Bedroom Apartments | $2,800 | $1,100 | $5,989 |
| Riverfront 3 Bedroom Apartments | $4,049 | $1,650 | $7,000 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Riverfront Neighborhood of Detroit, MI.
See all Apartments in DetroitExplore Detroit
Riverfront, Detroit, MI Local Guide
- Nearby Detroit neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $895. Here are the most affordable Riverfront apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Cadillac Square Apartments | Studio / One Bathroom ($795) | Studio,1BA | $795 |
| Town Residences | S8 | Studio,1BA | $895 |
| Left Field | Studio | Studio,1BA | $1,050 |
| The Corner | Studio (S3a) | Studio,1BA | $1,160 |
| Riverfront Towers | The Gratiot | 1BR,1BA | $1,171 |
| The Farwell | X01-38 | Studio,1BA | $1,250 |
| Riverview Apartments | One Bedroom Apartment | 1BR,1BA | $1,325 |
| Ouellette Tower | 1 Beds, 1 Baths | 1BR,1BA | $1,325 |
| Askin Tower | 1 Beds, 1 Baths | 1BR,1BA | $1,330 |
| The Millie on Brush | Ad - Deluxe | 1BR,1BA | $1,330 |
Best Value Apartments for Rent in Riverfront, MI
As of December 25, 2025 the best value apartment in the Riverfront area is the $1.91 price per square foot X05 Model at Capitol Park Lofts in the in the Necklace District neighborhood starting from $2,250. The second greatest value Riverfront apartment is the 2 Bed 2 Bath "D" Model at The Griswold starting at $2,375 with a $2.16 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Riverfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Capitol Park Lofts | X05 | 2BR,2BA | $1.91 |
| The Griswold | 2 Bed 2 Bath "D" | 2BR,2BA | $2.16 |
| Branch Lofts | 2BR/1.0BA | 2BR,1BA | $1.77 |
| Carnegie | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.79 |
| Elton Park Corktown Apartments | 2120 Trumbull - Full Loft | Studio ,1BA | $2.28 |
| The Checker Building | The Checker - 1 Bed 1 Bath | 1BR,1BA | $1.65 |
| The Millie on Brush | Ad - Deluxe | 1BR,1BA | $1.67 |
| New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
| Riverfront Towers | The Gratiot | 1BR,1BA | $2.12 |
| Town Residences | S8 | Studio ,1BA | $1.99 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleThe 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleRiverfront, Detroit, MI
Ranked #39
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,460 at Askin Tower.
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 $2,990.
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
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.

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.

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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

















