3008 Cortland St
DetroitMI48206
Cheap Homes for Rent in Russell Woods Neighborhood of Detroit, MI from $500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Russell Woods area of Detroit.
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.
12728 Monica St
DetroitMI48238
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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Russell Woods, Detroit, MI Local Guide
How much does it cost to rent a home in Russell Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Russell Woods 2 Bedroom Homes for Rent | $989 | $850 | $1,200 |
| Russell Woods 3 Bedroom Homes for Rent | $1,250 | $925 | $1,650 |
| Russell Woods 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
| Russell Woods 5 Bedroom Homes for Rent | $1,550 | $1,550 | $1,550 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Russell Woods Neighborhood of Detroit, MI.
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Best Value Apartments for Rent in Russell Woods, MI
As of May 24, 2026 the best value apartment in the Russell Woods area is the $1.30 price per square foot 11346 Belleterre St Model at 11346 Belleterre St, Unit Beautiful upstairs unit in the in the Petrosky-Otesgo neighborhood starting from $1,300. The second greatest value Russell Woods apartment is the 2312 Pasadena St Model at 2312 Pasadena St, Unit 2312 Dena Unit 1 starting at $950 with a $1.06 price per square foot in the Pembroke neighborhood. Here is today’s list of the best values for Russell Woods apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 11346 Belleterre St, Unit Beautiful upstairs unit | 11346 Belleterre St | 2BR,1BA | $1.30 |
| 2312 Pasadena St, Unit 2312 Dena Unit 1 | 2312 Pasadena St | 2BR,1BA | $1.06 |
| 7548 Elmhurst St, Unit 7548 | 7548 Elmhurst St | 1BR,1BA | $2.17 |
Frequently Asked Questions about Russell Woods
What type of rentals are currently available in Russell Woods?
There are currently 118 Apartments for Rent in Russell Woods, MI with pricing that ranges from $550 to $1,400. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Russell Woods ranging from $525 to $1,650.
What is the current price range for Rental Homes in Russell Woods?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Russell Woods ranges from $525 to $1,650 with an average monthly rent of $1,236.
How much are larger Three and Four Bedroom Rentals in Russell Woods?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Russell Woods range from $1,000 to $1,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,650. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,400.
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
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.