Cheap Homes for Rent in the Colony Homes Neighborhood of Hazel Park, MI from $600 (25 Rentals)

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

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.

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.

property at 20441 Mitchell St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

20441 Mitchell St

DetroitMI48234

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.

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.

property at 942 Baxter Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

942 Baxter Ave

Madison HeightsMI48071

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 Studio unit found at Belmont Manor priced from $720. Palmer Lofts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Colony Homes apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Belmont ManorStudioStudio,1BA$720
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$850
Chateau ManorOne Bedroom1BR,1BA$945
Warren Woods1 Bedroom - 1 Bath1BR,1BA$978
Warren ManorOne Bedroom - Classic Unit1BR,1BA$1,040

Best Value Apartments for Rent in Colony Homes, MI

As of July 10, 2026 the best value apartment in the Colony Homes area is the $1.40 price per square foot 739 S Alexander Ave Model at 739 S Alexander Ave, Unit LowerLevel in the in the Royal Oak neighborhood starting from $1,400. The second greatest value Colony Homes apartment is the 1 Bedroom Model at 1771 E Woodward Heights Blvd starting at $1,065 with a $1.33 price per square foot in the Hazel 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.
739 S Alexander Ave, Unit LowerLevel739 S Alexander Ave1BR,1BA$1.40
1771 E Woodward Heights Blvd1 Bedroom1BR,1BA$1.33
333 Marshall Apartments333 Marshall - 2 Bedroom2BR,1BA$1.74
Warren ManorOne Bedroom - Remodeled Unit1BR,1BA$1.62
Warren Woods1 Bedroom - 1 Bath1BR,1BA$1.40
Chateau ManorOne Bedroom1BR,1BA$1.35
Maple Grove1 bed1BR,1BA$1.61
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$1.31
Belmont ManorStudioStudio ,1BA$1.44
123 N Edison Ave, Unit Studio apt123 N Edison AveStudio ,1BA$1.44

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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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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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Colony Homes

What type of rentals are currently available in Colony Homes?

There are currently 126 Apartments for Rent in Colony Homes, MI with pricing that ranges from $650 to $13,959. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colony Homes ranging from $650 to $6,500.

What is the current price range for Rental Homes in Colony Homes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colony Homes ranges from $650 to $6,500 with an average monthly rent of $1,927.

How much are larger Three and Four Bedroom Rentals in Colony Homes?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Colony Homes range from $1,575 to $6,406, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $3,195. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $4,500.

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

decorative image for A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent article

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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

decorative image for The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insider's 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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.