Cheap Apartments for Rent in the Colony Homes Neighborhood of Hazel Park, MI from $700 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Colony Homes area of Hazel Park.

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Derby Square
Studio to 2 Bedroom Apartments

Derby Square

1480 E Woodward HtsHazel Park, MI 48030
  • Utilities Included
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Maple Square Apartments
1 to 2 Bedroom Apartments

Maple Square Apartments

1640 E Woodward Heights BlvdHazel Park, MI 48030
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Woodward Heights Place
1 to 2 Bedroom Apartments

Woodward Heights Place

1670-1770 E Woodward Heights BlvdHazel Park, MI 48030

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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Palmer Lane Apartments
$825 - $950
Total Monthly Price

Total Monthly Price

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$825 - $950

Total Monthly Price
$825 - $950
1 to 2 Bedroom Apartments Available Now

Palmer Lane Apartments

1291 W State FairDetroit, MI 48203
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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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Fern 28, LLC
$1,195 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $1,540
Required Monthly Fees
$10

Total Monthly Price
$1,195 - $1,550
1 to 2 Bedroom Apartments Available Now

Fern 28, LLC

494 E Breckenridge StFerndale, MI 48220
Senior Living
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The Art of the Rental Viewing: What to look for during a property tour

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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Lafayette Place
1 to 3 Bedroom Apartments

Lafayette Place

21155 Warner AveWarren, MI 48091
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Royal Hill
1 Bedroom Apartments

Royal Hill

26636 Ryan RdWarren, MI 48091
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Carriage House
1 Bedroom Apartments

Carriage House

620 E Lincoln AveRoyal Oak, MI 48067
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11 Mile Flats
1 Bedroom Apartments

11 Mile Flats

1804-1818 E 11 Mile RdRoyal Oak, MI 48067
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Hudson Park Apartments
1 to 2 Bedroom Apartments

Hudson Park Apartments

617 E Hudson AveRoyal Oak, MI 48067
Student Housing

Colony Homes, Hazel Park, MI Local Guide

Cheapest Available Colony Homes Apartments for Rent

 

The cheapest available apartment rental in the Colony Homes area of Detroit, MI is a 1 Bed unit found at 118 Ardmore Drive priced from $795. Palmer Lane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Colony Homes apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
118 Ardmore DriveOne Bed1BR,1BA$795
Palmer Lane Apartments1 Bedroom1BR,1BA$825
Belmont ManorOne Bedroom1BR,1BA$895
Parkview Tower ApartmentsOne Bedroom1BR,1BA$920
Warren Woods1 Bedroom - 1 Bath1BR,1BA$963
Warren ManorYou New Place Is Waiting1BR,1BA$990
Maple Grove1 bed1BR,1BA$1,049
Amber on 11StudioStudio,1BA$1,125
Fern 28, LLCOne Bedroom - Oakridge1BR,1BA$1,195

Best Value Apartments for Rent in Colony Homes, MI

As of February 24, 2026 the best value apartment in the Colony Homes area is the $1.19 price per square foot 2 Bedroom Model at Palmer Lane Apartments in the in the Pembroke neighborhood starting from $950. The second greatest value Colony Homes apartment is the B2 Model at Rosewood Apartments starting at $1,299 with a $1.68 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Colony Homes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Palmer Lane Apartments2 Bedroom2BR,1BA$1.19
Rosewood ApartmentsB22BR,1BA$1.68
Warren ManorA Great Place To Live1BR,1BA$1.55
Fern 28, LLCOne Bedroom - Oakridge1BR,1BA$1.67
Oakridge ApartmentsOne Bedroom One Bath (Renovated)1BR,1BA$1.81
Parkview Tower ApartmentsOne Bedroom1BR,1BA$1.31
Warren Woods1 Bedroom - 1 Bath1BR,1BA$1.38
Maple Grove1 bed1BR,1BA$1.61
Belmont ManorOne Bedroom1BR,1BA$1.38
118 Ardmore DriveOne Bed1BR,1BA$1.33

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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Quick Rent Budget Calculator

How much rent can you afford?

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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Frequently Asked Questions about Cheap Colony Homes Apartments

What is a cheap apartment in Colony Homes?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colony Homes is under $1,195.

What is the price of a cheap apartment in Colony Homes?

The cheapest apartment in Colony Homes is 118 Ardmore Drive which is listed at $795, while the average apartment in Colony Homes costs $6,825.

What types of apartments are the cheapest in Colony Homes?

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 5 regular apartments in Colony Homes 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.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

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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.