Cheap Homes for Rent in Downtown Lincoln Park Neighborhood of Lincoln Park, MI from $1,000 (6 Rentals)

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

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.

Downtown Lincoln Park, Lincoln Park, MI Local Guide

Cheapest Available Downtown Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lincoln Park area of Detroit, MI is a 1 Bed unit found at Balfour Apartments (Renewed Investments I LLC) priced from $750. London Moore Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Downtown Lincoln Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Balfour Apartments (Renewed Investments I LLC)Balfour - One Bedroom Private Entry!1BR,1BA$750
London Moore ApartmentsLondon Moore Apartments - One Bedroom1BR,1BA$765
292 Mill St1-Bedroom1BR,1BA$800

Best Value Apartments for Rent in Downtown Lincoln Park, MI

As of April 22, 2026 the best value apartment in the Downtown Lincoln Park area is the $1.27 price per square foot 2 Bed 1 Bath Model at Old Goddard Apartments in the in the Dix-Ford neighborhood starting from $1,140. The second greatest value Downtown Lincoln Park apartment is the Upgrdaded 2 Bedroom, 2 Bath Model at Goddard Apartments starting at $1,095 with a $1.29 price per square foot in the Dix-Ford neighborhood. Here is today’s list of the best values for Downtown Lincoln Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Old Goddard Apartments2 Bed 1 Bath2BR,1BA$1.27
Goddard ApartmentsUpgrdaded 2 Bedroom, 2 Bath2BR,1BA$1.29
Harrison Street ApartmentsLower Level 2 Bedroom2BR,1BA$1.31
Park Place Apartments2 Bedroom2BR,1BA$1.33
London Moore ApartmentsLondon Moore Apartments - One Bedroom1BR,1BA$1.02
Montie Park Apartments1BR/1.0BA1BR,1BA$1.43
292 Mill St1-Bedroom1BR,1BA$1.19
Outer Drive Manor Apartments1 bedroom 1 bath1BR,1BA$1.54
Balfour Apartments (Renewed Investments I LLC)Balfour - One Bedroom Private Entry!1BR,1BA$1.25
16138 Beatrice Ave, Unit 716138 Beatrice Ave1BR,1BA$1.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Downtown Lincoln Park

What type of rentals are currently available in Downtown Lincoln Park?

There are currently 82 Apartments for Rent in Downtown Lincoln Park, MI with pricing that ranges from $675 to $1,499. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lincoln Park ranging from $1,025 to $2,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lincoln Park ranges from $1,025 to $2,500 with an average monthly rent of $1,431.

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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.