6533 E Jefferson Ave
DetroitMI48207
Cheap Homes for Rent in Waterfront Neighborhood of Detroit, MI from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterfront area of Detroit.
1565 Cherboneau Pl
DetroitMI48207
266 Belleview Ave
WindsorONN8Y 2V9
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.
266 Belleview Ave
WindsorONN8Y 2V9
1300 E Lafayette St
DetroitMI48207
6533 E Jefferson Ave, Unit 704
6533 E Jefferson Ave
DetroitMI48207
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.
333 Chilver Rd
WindsorONN8Y 2J5
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Waterfront, Detroit, MI Local Guide
How much does it cost to rent a home in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterfront 2 Bedroom Homes for Rent | $1,630 | $1,200 | $2,200 |
| Waterfront 3 Bedroom Homes for Rent | $2,230 | $2,090 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 Investments LLC priced from $800. Regency Towers has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Waterfront apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pasadena Investments LLC | ST/1B | Studio,1BA | $800 |
| Regency Towers | Studio B | Studio,1BA | $850 |
| Parkview Senior Apartments | Studio | Studio,1BA | $875 |
Best Value Apartments for Rent in Waterfront, MI
As of November 10, 2025 the best value apartment in the Waterfront area is the $1.68 price per square foot Rooftop - 3/2 Model at River Place in the in the Downtown Detroit neighborhood starting from $2,100. The second greatest value Waterfront apartment is the Guardian Model at Lafayette Towers starting at $1,229 with a $1.48 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 | Rooftop - 3/2 | 3BR,2BA | $1.68 |
| Lafayette Towers | Guardian | 1BR,1BA | $1.48 |
| Jean Rivard | The Ottowa | 1BR,1BA | $1.42 |
| Palms East | Balcony | 1BR,1BA | $1.69 |
| DuCharme Place Apartments | A2 | Studio ,1BA | $2.23 |
| Central Park | One Bedroom | 1BR,1BA | $1.73 |
| Lafayette Park Place - Detroit, MI | Studio | Studio ,1BA | $1.69 |
| City Club Apartments Lafayette Park | A1 | 1BR,1BA | $2.05 |
| Pasadena Investments LLC | ST/1B | Studio ,1BA | $1.60 |
| Parkview Senior Apartments | Studio | Studio ,1BA | $2.03 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 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
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Pet Friendly LifestyleWaterfront, Detroit, MI
Ranked #52
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Waterfront
What type of rentals are currently available in Waterfront?
There are currently 63 Apartments for Rent in Waterfront, MI with pricing that ranges from $775 to $3,150. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $1,200 to $2,300.
What is the current price range for Rental Homes in Waterfront?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront ranges from $1,200 to $2,300 with an average monthly rent of $1,813.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.