
Cheap Apartments for Rent in the Riverfront Neighborhood of Detroit, MI from $500 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverfront area of Detroit.


Town Residences

Wabash Flats

The Corner

Left Field

Detroit Savings Bank

The Brooke on Bagley

Capitol Park Lofts

The Millie on Brush

Riverfront Towers
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1001 W Jefferson Ave, Unit 29D

14th Street Lofts

Coat Factory Lofts

600 Park St W

374 Campbell Ave

524 Pitt St W

444 Park St W

1518 University Ave W

464 Janette Ave

460 Caron Ave
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.

Total Monthly Price
Carnegie

525 Wyandotte St W

381 Bruce Ave

1700 University Ave W

Total Monthly Price
Ouellette Place

849 Dougall Ave

849 Dougall Ave

600 Park St W

600 Park St W

1654 Martindale St
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1654 Martindale St

363 Curry Ave

363 Curry Ave

Royal Windsor Apartments

Riverview Apartments

University Ave Apartments Windsor

533 Church St

Ouellette Tower Apartments

Windsor Tower

2035 University Ave W
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2035 University Ave W

1640 HALL LOWER

1640 HALL LOWER

464 Janette Ave

464 Janette Ave

308 Randolph Av

The Hive on Pelissier

First Place Apartments

2035 University Ave W

2035 University Ave W
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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 | $1,231 | $795 | $2,475 |
| Riverfront 1 Bedroom Apartments | $2,010 | $935 | $3,147 |
| Riverfront 2 Bedroom Apartments | $3,325 | $999 | $10,000+ |
| Riverfront 3 Bedroom Apartments | $1,431 | $595 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 2 mile radius of the Riverfront Neighborhood of Detroit, MI.
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Riverfront, Detroit, MI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| New Cadillac Square Apartments | Studio / One Bathroom ($795) | Studio,1BA | $795 |
| Town Residences | S2 | Studio,1BA | $840 |
| 2072 Wabash St | 1/1 Furnished | 1BR,1BA | $975 |
| The Corner | Studio (S) | Studio,1BA | $1,050 |
| Left Field | Studio | Studio,1BA | $1,050 |
| Riverview Apartments | Bachelor Apartment | Studio,1BA | $1,075 |
| University Ave Apartments Windsor | Junior One Bedroom | 1BR,1BA | $1,100 |
| Ouellette Tower Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,146 |
| Windsor Tower | Small One Bedroom Apartment without Balcony | 1BR,1BA | $1,195 |
| Carnegie | Studio | 1BR,1BA | $1,315 |
Best Value Apartments for Rent in Riverfront, MI
As of June 12, 2026 the best value apartment in the Riverfront area is the $1.73 price per square foot C3PH - Penthouse Model at The Millie on Brush in the in the Necklace District neighborhood starting from $2,445. The second greatest value Riverfront apartment is the 2016 Wabash St Model at 2016 Wabash St, Unit Upstairs starting at $1,550 with a $1.70 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Millie on Brush | C3PH - Penthouse | 2BR,2BA | $1.73 |
| 2016 Wabash St, Unit Upstairs | 2016 Wabash St | 2BR,1BA | $1.70 |
| Caron Tower Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.81 |
| Riverfront Towers | Premiere Corktown | 1BR,1BA | $2.36 |
| Millwood Place Apartments | One Bedroom Apartment | 1BR,1BA | $1.99 |
| University Ave Apartments Windsor | One Bedroom Apartment | 1BR,1BA | $2.11 |
| New Cadillac Square Apartments | One Bedroom / One Bathroom ($935) | 1BR,1BA | $1.56 |
| Wabash Flats | 1/1 Furnished | 1BR,1BA | $1.63 |
| Left Field | Studio | Studio ,1BA | $2.30 |
| Town Residences | S2 | Studio ,1BA | $2.10 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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 a cheap apartment in Riverfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverfront is under $1,315.
What is the price of a cheap apartment in Riverfront?
The cheapest apartment in Riverfront is New Cadillac Square Apartments which is listed at $935, while the average apartment in Riverfront costs $2,750.
What types of apartments are the cheapest in Riverfront?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Riverfront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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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 and have witnessed the city and its surrounding metro area undergo a renaissance.

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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.