Cheap Apartments for Rent in the Wayne State University Neighborhood of Detroit, MI from $500 (88 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Wayne State University 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.

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Bethune Lofts
$1,050 - $1,850
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Total Monthly Price

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$1,050 - $1,850

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1 to 2 Bedroom Apartments Available Now

Bethune Lofts

1800 W Bethune StDetroit, MI 48206
Corporate Housing
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  • Utilities Included
  • 3D Tour
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92 E Forest Ave
$1,100 - $2,500
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$1,100 - $2,500

Total Monthly Price
$1,100 - $2,500
Studio to 1 Bedroom Apartments Available Now

92 E Forest Ave

92 E Forest AveDetroit, MI 48201
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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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Elaine Lofts
$1,250 - $1,850
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$1,250 - $1,850

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1 to 2 Bedroom Apartments Available Now

Elaine Lofts

5918 Saint Antoine StDetroit, MI 48202
Furnished
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  • Utilities Included
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 272 Hendrie St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

272 Hendrie St

DetroitMI48202
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Mimosa Apartments
Studio to 1 Bedroom Apartments

Mimosa Apartments

1360 Seward StDetroit, MI 48206
  • Utilities Included

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.

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Valson
1 Bedroom Apartments

Valson

5855 4th StDetroit, MI 48202
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Hancock Court
Studio to 2 Bedroom Apartments

Hancock Court

665 W Hancock StDetroit, MI 48201
  • Utilities Included
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MLK on 2nd
1 Bedroom Apartments

MLK on 2nd

3515 2nd AveDetroit, MI 48201
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Bedford Apartments
Studio to 1 Bedroom Apartments

Bedford Apartments

1160 Seward StDetroit, MI 48202
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Seward Manor
Studio to 1 Bedroom Apartments

Seward Manor

1190 Seward StDetroit, MI 48206
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The Renaud & Touraine
Studio to 3 Bedroom Apartments

The Renaud & Touraine

4762-4744 2nd AveDetroit, MI 48201
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University Meadows
1 to 2 Bedroom Apartments

University Meadows

4500 Trumbull StDetroit, MI 48208
Senior Living
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Heather Hall
Studio to 1 Bedroom Apartments

Heather Hall

3444 2nd AveDetroit, MI 48201
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The Belnord
1 to 3 Bedroom Apartments

The Belnord

324 Hendrie StDetroit, MI 48202
  • Smoke Free
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The Richmond
1 Bedroom Apartments

The Richmond

656 Lothrop RdDetroit, MI 48202
  • Utilities Included

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.

Wayne State University, Detroit, MI Local Guide

Cheapest Available Wayne State University Apartments for Rent

 

The cheapest available apartment rental in the Wayne State University area of Detroit, MI is a Studio unit found at CATHEDRAL TOWER APARTMENTS priced from $663. Heather Hall has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here are the most affordable Wayne State University apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
CATHEDRAL TOWER APARTMENTSThe WarrenStudio,1BA$663
Heather HallStudio 1 BathroomStudio,1BA$760
The BelcrestStudio Co-LivingStudio,1BA$783
Sterling ApartmentsStudiosStudio,1BA$872
DREAMTROITType B studioStudio,1BA$880
71 Garfield StStudio, 1 bathStudio,1BA$899
The BarlumStudioStudio,1BA$899
Pallister Plaisance Apartments1 Bed, 1 bath1BR,1BA$950
The Isabelle0BR/1.0BAStudio,1BA$995
The Debora0BR/1.0BAStudio,1BA$995

Best Value Apartments for Rent in Wayne State University, MI

As of June 17, 2026 the best value apartment in the Wayne State University area is the $1.27 price per square foot Market Rent 2 Bed Model at Palmer Court Apartments in the in the Art Center neighborhood starting from $1,603. The second greatest value Wayne State University apartment is the 3 Beds, 1.5 baths Model at Brainard Street Apartments starting at $1,449 with a $1.21 price per square foot in the Necklace District neighborhood. Here is today’s list of the best values for Wayne State University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Palmer Court ApartmentsMarket Rent 2 Bed2BR,2BA$1.27
Brainard Street Apartments3 Beds, 1.5 baths3BR,1.5BA$1.21
West Euclid Gateway2 Bedroom2BR,1BA$0.96
The CommodoreFurnished 1 -Bedroom Apt.1BR,1BA$1.56
1926 Seward St, Unit 11926 Seward St2BR,1BA$1.44
Westwill Apartments MidtownThe Canfield2BR,1BA$1.80
Pallister Plaisance Apartments1 Bed, 1 bath1BR,1BA$1.84
DREAMTROITType B studioStudio ,1BA$1.72
71 Garfield StStudio, 1 bathStudio ,1BA$1.80
Heather HallStudio 1 BathroomStudio ,1BA$1.65

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

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Real 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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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.

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Pet Friendly Lifestyle
Wayne State University, Detroit, MI

Ranked #28

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Wayne State University, Detroit, and the greater Detroit area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, multifamily communities for the kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Wayne State University Apartments

What is a cheap apartment in Wayne State University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wayne State University is under $995.

What is the price of a cheap apartment in Wayne State University?

The cheapest apartment in Wayne State University is Pallister Plaisance Apartments which is listed at $950, while the average apartment in Wayne State University costs $1,757.

What types of apartments are the cheapest in Wayne State University?

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 9 regular apartments in Wayne State University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wayne State University?

Cheap apartments in Wayne State University have an average cost of $313 which is $1,444 cheaper than the average rent for all rentals in Wayne State University.

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

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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.

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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.

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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.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

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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

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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.

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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.

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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.

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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.