Cheap Apartments for Rent in the Woodward Neighborhood of Detroit, MI from $700 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Woodward area of Detroit.

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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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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The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Orchestra Tower
Studio to 1 Bedroom Apartments

Orchestra Tower

3501 Woodward AveDetroit, MI 48201
Senior Living
Showing Results 1-37, Page 1 of 1

Woodward, Detroit, MI Local Guide

Cheapest Available Woodward Apartments for Rent

 

The cheapest available apartment rental in the Woodward 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 $895. Here are the most affordable Woodward apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
New Cadillac Square ApartmentsStudio / One Bathroom ($795)Studio,1BA$795
Town ResidencesS8Studio,1BA$895
PalmsStudio A8Studio,1BA$895
The BarlumStudioStudio,1BA$899
City Place DetroitStudio ApartmentStudio,1BA$900
BrainardOne Bedroom1BR,1BA$999
Briggs HouzeStudioStudio,1BA$999
28GrandUnit BStudio,1BA$1,000
eXchange ApartmentsS2af (Affordable Housing)Studio,1BA$1,045
The AmoThe PeterboroStudio,1BA$1,050

Best Value Apartments for Rent in Woodward, MI

As of December 31, 2025 the best value apartment in the Woodward 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 Woodward apartment is the 2 Bedroom, 2 Bathroom Model at Carnegie starting at $1,870 with a $1.79 price per square foot in the Downtown Detroit neighborhood. Here is today’s list of the best values for Woodward apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceRooftop - 3/23BR,2BA$1.68
Carnegie2 Bedroom, 2 Bathroom2BR,2BA$1.79
Trumbull Terrace2 Bedroom2BR,1BA$1.67
The Kales Building1 Bedroom, 1 Bathroom1BR,1BA$2.09
The Millie on BrushAd - Deluxe1BR,1BA$1.67
The AddisonThe Wilby-1 Bed with Office1BR,1BA$2.03
New Cadillac Square ApartmentsOne Bedroom / One Bathroom ($935)1BR,1BA$1.56
BrainardOne Bedroom1BR,1BA$2.08
City Place DetroitRenovated StudioStudio ,1BA$2.08
Town ResidencesS8Studio ,1BA$1.99

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 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.

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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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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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Pet Friendly Lifestyle
Woodward, Detroit, MI

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Woodward Apartments

What is a cheap apartment in Woodward?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Woodward is under $1,050.

What is the price of a cheap apartment in Woodward?

The cheapest apartment in Woodward is New Cadillac Square Apartments which is listed at $935, while the average apartment in Woodward costs $2,175.

What types of apartments are the cheapest in Woodward?

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 85 regular apartments in Woodward 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 Woodward?

Cheap apartments in Woodward have an average cost of $317 which is $1,858 cheaper than the average rent for all rentals in Woodward.

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!