Cheap Apartments for Rent in the 48201 ZIP Code of Detroit, MI from $300 (80 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 48201 ZIP Code 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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92 E Forest Ave
$1,100 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$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
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The Lofts on Mack
$1,250 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,450
Total Monthly Price
$1,250 - $1,450
1 Bedroom Apartments Available Now

The Lofts on Mack

240 Mack AveDetroit, MI 48201
Transit 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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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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The Renaud & Touraine
Studio to 3 Bedroom Apartments

The Renaud & Touraine

4762-4744 2nd AveDetroit, MI 48201
  • Utilities Included
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Heather Hall
Studio to 1 Bedroom Apartments

Heather Hall

3444 2nd AveDetroit, MI 48201
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The Villa Lante
Studio to 3 Bedroom Apartments

The Villa Lante

663 Prentis StDetroit, MI 48201
  • Utilities Included
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TheFinnMidtown
Studio to 1 Bedroom Apartments

TheFinnMidtown

678 Selden StDetroit, MI 48201
Student Housing
  • Utilities Included

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 Orington
Studio to 1 Bedroom Apartments

The Orington

459 Prentis StDetroit, MI 48201
  • Utilities Included
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Orchestra Tower
Studio to 1 Bedroom Apartments

Orchestra Tower

3501 Woodward AveDetroit, MI 48201
Senior Living
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Medical Center Courts
1 to 3 Bedroom Apartments

Medical Center Courts

4276 Saint Antoine StDetroit, MI 48201
  • Utilities Included
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Selden Manor
1 to 2 Bedroom Apartments

Selden Manor

686 Selden StDetroit, MI 48201
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Newberry Hall
Studio to 2 Bedroom Apartments

Newberry Hall

100 E Willis StDetroit, MI 48201
Corporate Housing
  • Utilities Included
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The Willis
1 to 3 Bedroom Apartments

The Willis

675 W Willis StDetroit, MI 48201
Student Housing
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634 Selden St
Studio to 2 Bedroom Apartments

634 Selden St

634 Selden StDetroit, MI 48201
  • Utilities Included
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Hadley Hall Apartments
1 to 2 Bedroom Apartments

Hadley Hall Apartments

635-665 Warren StDetroit, MI 48201
  • Utilities Included
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Beethoven Apartments
1 to 2 Bedroom Apartments

Beethoven Apartments

4474 3rd StDetroit, MI 48201
  • 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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Six55 Detroit
Studio to 2 Bedroom Apartments

Six55 Detroit

655 W Willis StDetroit, MI 48201
  • Utilities Included
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Forest Arms
Studio to 2 Bedroom Apartments

Forest Arms

4625-4647 2nd AveDetroit, MI 48201
  • Utilities Included
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68 E Willis St
1 to 3 Bedroom Apartments

68 E Willis St

68 E Willis StDetroit, MI 48201
  • Utilities Included
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Garfield Lofts
Studio to 2 Bedroom Apartments

Garfield Lofts

4600 Woodward AveDetroit, MI 48201
  • Utilities Included
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632 Prentis St
1 Bedroom Apartments

632 Prentis St

632 Prentis StDetroit, MI 48201
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ABC Apartments
2 to 3 Bedroom Apartments

ABC Apartments

4609 2nd AveDetroit, MI 48201
  • Utilities Included
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Helisa Square
2 to 4 Bedroom Apartments

Helisa Square

700-718 Willis StDetroit, MI 48201
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The Milton
1 Bedroom Apartments

The Milton

132 W Willis StDetroit, MI 48201
  • Utilities Included
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680 W Forest Ave
1 to 3 Bedroom Apartments

680 W Forest Ave

680 W Forest AveDetroit, MI 48201

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.

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Frequently Asked Questions about Cheap the 48201 ZIP Code Apartments

What is the Cheapest Studio apartment in 48201?

Currently the most affordable Cheap Studio Apartment in 48201 is at Myrtle Apartments - All Utilities Included listed at $900.

How much is rent for a Cheap One Bedroom 48201 Apartment?

The lowest price for a Cheap One Bedroom 48201 Apartment is $353 at Tierra Montosa.

What is the lowest price for a Cheap Two Bedroom 48201 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 48201 is starting from $592 at Taos Haus +6.

What is the most affordable 48201 Three Bedroom Apartment?

The best deal on a cheap 48201 Three Bedroom Apartment rental is at Taos Haus +6 and starts from $681.

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

Written by: Tim Brown

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.