Cheap Apartments for Rent in Lathrup Village, MI from $800 (47 Rentals)

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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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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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Lincoln Woods
2 Bedroom Apartments

Lincoln Woods

14801-14821 Lincoln StOak Park, MI 48237
  • Utilities Included
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Twyckingham Valley
1 to 2 Bedroom Apartments

Twyckingham Valley

22277 W 12 Mile RdSouthfield, MI 48034
  • 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.

Lathrup Village, MI Local Guide

Cheapest Neighborhoods for Apartments in Lathrup Village, MI

Pricing Updated: 12/10/2025

Current apartment rentals in the Lathrup Village, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lathrup Village Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Lathrup Village$2,347$818213

Cheapest Available Lathrup Village Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lathrup Village, MI is a 1 Bed unit found at Highland Towers - Senior Living 55+ in the West Side neighborhood priced from $818. The Loop on Greenfield in the West Side neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Lathrup Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Towers - Senior Living 55+One Bedroom1BR,1BA$818
The Loop on GreenfieldThe Carson - Studio 1 BathStudio,1BA$825
Lincoln Towers ApartmentsStudioStudio,1BA$875
Solaire Senior LivingStudioStudio,1BA$919
Coach House ApartmentsBristol1BR,1BA$935
Altitude Apartments EastAltitude Apartments - One Bedroom (Renovated) *...1BR,1BA$950
North Park TowersStudio with W/D [S 1,2,3]Studio,1BA$959
The OxleyMid-Rise 1 Bedroom1BR,1BA$975
The Alcove SouthfieldS1Studio,1BA$985
PhilamerOne Bed1BR,1BA$1,000

Best Value Apartments for Rent in Lathrup Village, MI and Nearby

As of December 10, 2025 the best value apartment in the Lathrup Village area is the $1.14 price per square foot The Legend Model at Legacy Place Apartments - Southfield, MI in the in the Ridgewood Estates neighborhood starting from $1,819. The second greatest value Lathrup Village apartment is the The Drake (3BR / 1.5BA) Model at The Oaks on Lincoln starting at $1,895 with a $1.30 price per square foot in the Ridgewood Estates neighborhood. Here is today’s list of the best values for Lathrup Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy Place Apartments - Southfield, MIThe Legend2BR,2BA$1.14
The Oaks on LincolnThe Drake (3BR / 1.5BA)3BR,1.5BA$1.30
The OxleyGarden 2 Bedroom2BR,2BA$0.83
Carlyle Tower Apartments - Southfield, MI2 Bed | 2 Bath 1,375 sq. ft.2BR,2BA$1.28
North Park Place Apartments2 Beds, 2 baths2BR,2BA$1.20
Cambridge SquareTwo Bedroom Upgrade2BR,2BA$1.26
Corner PlaceOne Bedroom1BR,1BA$1.17
The Crossroads At Southfield ApartmentsAndrew1BR,1BA$1.17
Chateau RivieraMoriarty 1 Bedroom 1 Bath1BR,1BA$1.10
Coach House ApartmentsDurham2BR,1BA$1.20

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

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Getting Around Lathrup Village, MI

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lathrup Village Apartments

What is a cheap apartment in Lathrup Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lathrup Village is under $1,000.

What is the price of a cheap apartment in Lathrup Village?

The cheapest apartment in Lathrup Village is Highland Towers - Senior Living 55+ which is listed at $818, while the average apartment in Lathrup Village costs $2,347.

What types of apartments are the cheapest in Lathrup Village?

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 14 regular apartments in Lathrup Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lathrup Village?

Cheap apartments in Lathrup Village have an average cost of $692 which is $1,655 cheaper than the average rent for all rentals in Lathrup Village.

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.

Articles, How-To's, and Tips

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.