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$799 - $1,085Studio to 1 Bedroom Apartments Available Jul 10
Regency Tower
1935 Chene CtDetroit, MI 48207
Cheap Apartments for Rent in the Waterfront Neighborhood of Detroit, MI from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront area of Detroit.
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$824 - $3,000Studio to 3 Bedroom Apartments Available Jul 15
Lafayette Towers
1301 Orleans StDetroit, MI 48207
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Rent Specials
$849 - $1,075Studio to 2 Bedroom Apartments Available Now
Pasadena Apartments
2170 E Jefferson AveDetroit, MI 48207
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$919 - $1,029Studio to 1 Bedroom Apartments Available Now
Parkview Senior Apartments
1401 Chene StDetroit, MI 48207
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$1,020 - $1,4651 Bedroom Apartments Available Now
City Club Apartments Lafayette Park
750 Chene StDetroit, MI 48207
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$1,060 - $1,3151 to 2 Bedroom Apartments Contact Us For Availability
Jean Rivard
930 E Lafayette StDetroit, MI 48207
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$1,1152 Bedroom Apartments Contact Us For Availability
Prince Hall
2199 Prince Hall DrDetroit, MI 48207
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Rent Specials
$1,125 - $1,4251 to 2 Bedroom Apartments Available Now
Central Park
631 Orleans StDetroit, MI 48207
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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Rent Specials
$1,200 - $1,5001 Bedroom Apartments Available Now
Palms East
1531 E Larned StDetroit, MI 48207
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$1,200 - $1,9001 to 2 Bedroom Apartments Available Now
River Place
500 River Place DrDetroit, MI 48207
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$1,250 - $1,599Studio to 2 Bedroom Apartments Available Jul 10
Lafayette Park Place - Detroit, MI
1387 E Larned StDetroit, MI 48207
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$1,335 - $2,380Studio to 2 Bedroom Apartments Available Now
The Palms
1001 E Jefferson AveDetroit, MI 48207
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$1,547 - $2,6761 to 2 Bedroom Apartments Available Now
Orleans Landing
229 Orleans StDetroit, MI 48207
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$1,615 - $2,515Studio to 2 Bedroom Apartments Available Now
DuCharme Place Apartments
1544 E Lafayette StDetroit, MI 48207
6533 E Jefferson Ave, Unit 331
6533 E Jefferson Ave
DetroitMI48207
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Studio to 2 Bedroom Apartments
Islandview Apartments
445 Field StDetroit, MI 48214
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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Studio to 1 Bedroom Apartments
Grand Place Apartments
190 E Grand BlvdDetroit, MI 48207
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1 to 3 Bedroom Apartments
Noel Village
2158 Chene StDetroit, MI 48207
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Studio to 2 Bedroom Apartments
Manchester Apartments
2016 E Jefferson AveDetroit, MI 48207
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Studio to 2 Bedroom Apartments
Wilner's Arms
133 E Grand BlvdDetroit, MI 48207
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1 to 2 Bedroom Apartments
Chene Park Commons
2001 Chene StDetroit, MI 48207
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1 to 4 Bedroom Apartments
Cityside Apartments and Townhomes
2716 Macomb StDetroit, MI 48207
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1 Bedroom Apartments
Elmwood Tower
1325 Chene StDetroit, MI 48207
1565 Cherboneau Pl
DetroitMI48207
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.
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1 to 2 Bedroom Apartments
Regency Place
1941 Chene CtDetroit, MI 48207
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2 to 3 Bedroom Apartments
Circle Drive Commons
1440 Robert Bradby DrDetroit, MI 48207
1575 Cherboneau Pl
DetroitMI48207
1515 Cherboneau Pl
DetroitMI48207
279 Drouillard Rd
WindsorONN8Y 2P4
293 Belleview Ave
WindsorONN8Y 2W1
304 Lincoln Rd, Unit 3
304 Lincoln Rd
WindsorONN8Y 2G4
304 Lincoln Rd, Unit 3
304 Lincoln Rd
WindsorONN8Y 2G4
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.
Showing Results 1-32, Page 1 of 1
Waterfront, Detroit, MI Local Guide
How much does it cost to rent an apartment in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterfront Studio Apartments | $1,197 | $799 | $3,150 |
| Waterfront 1 Bedroom Apartments | $1,380 | $995 | $2,515 |
| Waterfront 2 Bedroom Apartments | $2,060 | $1,075 | $2,676 |
| Waterfront 3 Bedroom Apartments | $2,862 | $2,600 | $3,050 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 1 mile radius of the Waterfront Neighborhood of Detroit, MI.
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Waterfront, Detroit, MI Local Guide
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Cheapest Available Waterfront Apartments for Rent
The cheapest available apartment rental in the Waterfront area of Detroit, MI is a Studio unit found at Pasadena Apartments priced from $849. Parkview Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $919. Here are the most affordable Waterfront apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pasadena Apartments | ST/1B | Studio,1BA | $849 |
| Parkview Senior Apartments | Studio | Studio,1BA | $919 |
| City Club Apartments Lafayette Park | A4 Aff | 1BR,1BA | $1,045 |
| Central Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,125 |
| River Place | Apartment - 1/1 | 1BR,1BA | $1,200 |
| Palms East | Garden 1 Bedroom | 1BR,1BA | $1,200 |
| The Palms | 1 Bedroom 1 Bath B9 | 1BR,1BA | $1,335 |
| Orleans Landing | A1 | 1BR,1BA | $1,547 |
| DuCharme Place Apartments | C1 | 2BR,1BA | $1,800 |
| Waters Edge Apartments of Harbortown | C1 | 2BR,2BA | $2,390 |
Best Value Apartments for Rent in Waterfront, MI
As of July 09, 2026 the best value apartment in the Waterfront area is the $1.41 price per square foot Brownstone - 2/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $1,800. The second greatest value Waterfront apartment is the C2 Model at DuCharme Place Apartments starting at $2,050 with a $2.02 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Place | Brownstone - 2/2 | 2BR,2BA | $1.41 |
| DuCharme Place Apartments | C2 | 2BR,2BA | $2.02 |
| Waters Edge Apartments of Harbortown | C1 | 2BR,2BA | $2.56 |
| Palms East | Balcony | 1BR,1BA | $1.69 |
| The Palms | 2 Bedroom C3 | 2BR,1BA | $3.14 |
| Orleans Landing | A1 | 1BR,1BA | $2.31 |
| Central Park | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
| City Club Apartments Lafayette Park | A3 | 1BR,1BA | $1.96 |
| Pasadena Apartments | ST/1B | Studio ,1BA | $1.70 |
| Parkview Senior Apartments | Studio | Studio ,1BA | $2.13 |
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.
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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
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.
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Pet Friendly LifestyleWaterfront, Detroit, MI
Ranked #54
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Detroit. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Waterfront Apartments
What is the price of a cheap apartment in Waterfront?
The cheapest apartment in Waterfront is Pasadena Apartments which is listed at $995, while the average apartment in Waterfront costs $2,900.
What types of apartments are the cheapest in Waterfront?
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 6 regular apartments in Waterfront 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 Insider's 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.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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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.