Cheap Apartments for Rent in the Downtown Lathrup Village Neighborhood of Lathrup Village, MI from $825 (28 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Showing Results 1-28, 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
Solaire Senior LivingStudioStudio,1BA$919
Altitude Apartments East1 Bed / 1 Bath1BR,1BA$950
The Reserve of Southfield1x1 Classic1BR,1BA$995
EVERGREEN PLACE APARTMENTSPARKING LOT VIEW1BR,1BA$1,000
PhilamerOne Bed1BR,1BA$1,000
The Loop on GreenfieldThe Roosevelt - 1 Bed 1 Bath1BR,1BA$1,010
The OxleyMid-Rise 2 Bedroom2BR,2BA$1,025
Meadowcrest Senior ApartmentsDeluxe1BR,1BA$1,048

Best Value Apartments for Rent in Downtown Lathrup Village, MI

As of September 02, 2026 the best value apartment in the Downtown Lathrup Village area is the $1.18 price per square foot The Legend Model at Legacy Place Apartments - Southfield, MI in the in the Ridgewood Estates neighborhood starting from $1,889. The second greatest value Downtown Lathrup Village apartment is the Garden 2 Bedroom Model at The Oxley starting at $1,299 with a $0.90 price per square foot in the Ridgewood Estates 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 Legend2BR,2BA$1.18
The OxleyGarden 2 Bedroom2BR,2BA$0.90
Chateau RivieraHudson 2 Bedroom 2 Bath2BR,2BA$1.08
Corner Place ApartmentsOne Bedroom1BR,1BA$1.20
Carlyle Tower Apartments - Southfield, MI2 Bed | 2 Bath 1,174 sq. ft.2BR,2BA$1.19
The Crossroads At Southfield ApartmentsAndrew1BR,1BA$1.26
Cambridge SquareOne Bedroom1BR,1BA$1.30
Parkview ApartmentsOne Bedroom1BR,1BA$1.17
EVERGREEN PLACE APARTMENTSPARKING LOT VIEW1BR,1BA$1.25
The Reserve of Southfield1x1 Classic1BR,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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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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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

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Lathrup Village Apartments

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 $1,449.

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 2 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 $136 which is $1,313 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.