Cheap Homes for Rent in Colony Homes Neighborhood of Hazel Park, MI from $800 (26 Rentals)

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

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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.

property at 110 Hamata Ave

$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

110 Hamata Ave

Hazel ParkMI48030
property at 29 E Harry Ave

$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

29 E Harry Ave

Hazel ParkMI48030
property at 23850 Dormont Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

23850 Dormont Ave

WarrenMI48091

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.

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 Downtown Ferndale 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
Oakridge ApartmentsOne Bedroom One Bath (Renovated)1BR,1BA$1.81
Fern 28, LLCOne Bedroom - Oakridge1BR,1BA$1.67
Parkview Tower ApartmentsOne Bedroom1BR,1BA$1.31
Warren Woods1 Bedroom - 1 Bath1BR,1BA$1.38
Belmont ManorOne Bedroom1BR,1BA$1.38
Maple Grove1 bed1BR,1BA$1.61
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 Colony Homes

What type of rentals are currently available in Colony Homes?

There are currently 123 Apartments for Rent in Colony Homes, MI with pricing that ranges from $720 to $7,858. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colony Homes ranging from $850 to $2,950.

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 $850 to $2,950 with an average monthly rent of $1,808.

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 $1,695 to $6,235, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,400 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

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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

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.