Cheap Apartments for Rent in the Downtown Lathrup Village Neighborhood of Lathrup Village, MI from $800 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Lathrup Village area of Lathrup Village.

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.

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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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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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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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Showing Results 1-33, Page 1 of 1

Downtown Lathrup Village, Lathrup Village, MI Local Guide

Cheapest Available Downtown Lathrup Village Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lathrup Village area of Lathrup Village, MI is a 1 Bed unit found at Highland Towers - Senior Living 55+ priced from $888. Lincoln Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Downtown Lathrup Village apartments for rent in Lathrup Village, MI:

Apartment ListingModel NameBed/BathPriced From
Highland Towers - Senior Living 55+One Bedroom1BR,1BA$888
Lincoln Towers ApartmentsStudioStudio,1BA$895
The Alcove SouthfieldS1Studio,1BA$895
Solaire Senior LivingStudioStudio,1BA$919
The OxleyMid-Rise 1 Bedroom1BR,1BA$975
The Reserve of Southfield1x1 Classic1BR,1BA$995
PhilamerOne Bed1BR,1BA$1,000
The Loop on GreenfieldThe Roosevelt - 1 Bed 1 Bath1BR,1BA$1,010
Meadowcrest Senior ApartmentsDeluxe1BR,1BA$1,048
Parkview ApartmentsOne Bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Downtown Lathrup Village, MI

As of July 17, 2026 the best value apartment in the Downtown Lathrup Village area is the $1.05 price per square foot The Townhouse Model at Legacy Place Apartments - Southfield, MI in the in the Pembroke neighborhood starting from $3,600. The second greatest value Downtown Lathrup Village apartment is the Garden 2 Bedroom Model at The Oxley starting at $1,395 with a $0.96 price per square foot in the Pembroke neighborhood. Here is today’s list of the best values for Downtown Lathrup Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy Place Apartments - Southfield, MIThe Townhouse4BR,2.5BA$1.05
The OxleyGarden 2 Bedroom2BR,2BA$0.96
Carlyle Tower Apartments - Southfield, MI2 Bed | 2 Bath 1,174 sq. ft.2BR,2BA$1.19
The Crossroads At Southfield ApartmentsAndrew1BR,1BA$1.21
Willow Tree ApartmentsWillow Tree Brookhaven2BR,2BA$1.33
Chateau RivieraMoriarty 1 Bedroom 1 Bath1BR,1BA$1.19
Parkview ApartmentsOne Bedroom1BR,1BA$1.17
Cambridge SquareOne Bedroom1BR,1BA$1.30
The Reserve of Southfield1x1 Classic1BR,1BA$1.33
PhilamerOne Bed1BR,1BA$1.35

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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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
Downtown Lathrup Village, Lathrup Village, MI

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Lathrup Village Apartments

What is a cheap apartment in Downtown Lathrup Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lathrup Village is under $1,050.

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

The cheapest apartment in Downtown Lathrup Village is Highland Towers - Senior Living 55+ which is listed at $888, while the average apartment in Downtown Lathrup Village costs $2,200.

What types of apartments are the cheapest in Downtown 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 10 regular apartments in Downtown 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 Downtown Lathrup Village?

Cheap apartments in Downtown Lathrup Village have an average cost of $662 which is $1,538 cheaper than the average rent for all rentals in Downtown 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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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.