Cheap Homes for Rent in Highland Park, MI from $500 (34 Rentals)

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Search the lowest-cost Homes available for rent right now in Highland 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.

property at 3831 Waverly St

$750 - $1,000

1 To 3 Bedroom Rentals

Available Jul 1

3831 Waverly St

DetroitMI48238

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.

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.

Highland Park, MI Local Guide

Cheapest Available Highland Park Apartments for Rent

 

The cheapest available apartment rental in Highland Park, MI is a Studio unit found at New Center Commons in the Art Center neighborhood priced from $585. 2023 Tuxedo St in the Midtown Detroit neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable Highland Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
New Center CommonsStudioStudio,1BA$585
2023 Tuxedo StStudioStudio,1BA$595
120 Glynn Ct.StudioStudio,1BA$595
The Woodford ApartmentsStudio w/ KitchenetteStudio,1BA$625
Hazelwood ManorStudioStudio,1BA$650
100 Glynn1 bedroom1BR,1BA$725
Hazelwood ApartmentsOne Bedroom, One Bathroom1BR,1BA$770
691 Seward1B/1B1BR,1BA$786
HolbrookCortez Studio 1 Bathroom1BR,1BA$800

Best Value Apartments for Rent in Highland Park, MI

As of June 28, 2026 the best value apartment in the Highland Park area is the $0.81 price per square foot 9421 Joseph Campau St Model at 9421 Joseph Campau St, Unit 9421-2 in the in the Midtown Detroit neighborhood starting from $2,750. The second greatest value Highland Park apartment is the single family home Model at 2509 Gladstone St starting at $2,900 with a $0.96 price per square foot in the Midtown Detroit neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9421 Joseph Campau St, Unit 9421-29421 Joseph Campau St1BR,1BA$0.81
2509 Gladstone Stsingle family home6BR,3BA$0.96
9644 Joseph Campau St, Unit 2W9644 Joseph Campau St1BR,1BA$0.75
330 Westminster Stsingle famiy home3BR,1BA$0.91
RCI Covington Townhouses2 Bedroom Townhome2BR,1BA$1.00
3284 Northwestern St, Unit B3284 Northwestern St4BR,1BA$1.02
West Euclid Gateway2 Bedroom2BR,1BA$0.96
Highland ManorTwo Bedroom2BR,2BA$0.87
4203 Tyler St2 Beds, 1 Baths2BR,1BA$0.94
2920 Columbus St, Unit 2W2920 Columbus St1BR,1BA$1.00

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 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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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

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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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Highland Park

What type of rentals are currently available in Highland Park?

There are currently 439 Apartments for Rent in Highland Park, MI with pricing that ranges from $475 to $3,500. There are also 120 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highland Park ranging from $525 to $3,000.

What is the current price range for Rental Homes in Highland Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Highland Park ranges from $525 to $3,000 with an average monthly rent of $1,572.

How much are larger Three and Four Bedroom Rentals in Highland Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Highland Park range from $875 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,275.

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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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.

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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.