
Cheap Homes for Rent in Riverfront Neighborhood of Detroit, MI from $500 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverfront area of Detroit.


849 Dougall Ave

600 Park St W

600 Park St W

1654 Martindale St

1654 Martindale St
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.

363 Curry Ave

363 Curry Ave

1640 HALL LOWER

1640 HALL LOWER

2035 University Ave W

2035 University Ave W
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.

464 Janette Ave

464 Janette Ave

2035 University Ave W

2035 University Ave W

150 Park St W

1001 W Jefferson Ave, Unit 29D
Cash 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.

600 Park St W

1766 University Ave W

1766 University Ave W

600 Park St W

435 Caron Ave

435 Caron Ave
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.

1336 UNIVERSITY 1

1336 UNIVERSITY 1
Riverfront, Detroit, MI Local Guide

How much does it cost to rent a home in Riverfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverfront 2 Bedroom Homes for Rent | $2,231 | $595 | $4,250 |
| Riverfront 3 Bedroom Homes for Rent | $2,102 | $1,895 | $3,000 |
| Riverfront 4 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Riverfront 5 Bedroom Homes for Rent | $1,495 | $695 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Riverfront Neighborhood of Detroit, MI.
Explore Detroit
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 |
| Wabash Flats | 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 13, 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 |
Frequently Asked Questions about Riverfront
What type of rentals are currently available in Riverfront?
There are currently 136 Apartments for Rent in Riverfront, MI with pricing that ranges from $595 to $10,319. There are also 136 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverfront ranging from $560 to $4,250.
What is the current price range for Rental Homes in Riverfront?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverfront ranges from $560 to $4,250 with an average monthly rent of $1,764.
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.

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

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.