Cheap Homes for Rent in Downtown Madison Heights Neighborhood of Madison Heights, MI from $1,300 (19 Rentals)

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

property at 24002 Wedgewood Cir

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Townhome for Rent

Available Now

24002 Wedgewood Cir

WarrenMI48091
property at 24002 Wedgewood Cir

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Condo for Rent

Available Now

24002 Wedgewood Cir

WarrenMI48091

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 23108 Pilgrim Ave

$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

23108 Pilgrim Ave

Hazel ParkMI48030
property at 611 Fairgrove Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Home for Rent

Available Now

611 Fairgrove Ave

Royal OakMI48067
property at 29156 Tessmer Ct

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

29156 Tessmer Ct

Madison HeightsMI48071

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.

property at 247 Hecht Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 2 Bath Home for Rent

Available Now

247 Hecht Dr

Madison HeightsMI48071

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.

Cheapest Available Downtown Madison Heights Apartments for Rent

 

The cheapest available apartment rental in the Downtown Madison Heights area of Detroit, MI is a 1 Bed unit found at Parkview Tower Apartments priced from $920. The Reserve at Warren has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here are the most affordable Downtown Madison Heights apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Parkview Tower ApartmentsOne Bedroom1BR,1BA$920
The Reserve at WarrenThe Aspen1BR,1BA$945
Maple Grove1 bed1BR,1BA$1,049
Elmsleigh ApartmentsOne Bedroom1BR,1BA$1,055
Parkview Village ApartmentsPark1BR,1BA$1,070

Best Value Apartments for Rent in Downtown Madison Heights, MI

As of April 27, 2026 the best value apartment in the Downtown Madison Heights area is the $1.40 price per square foot Gardenia Model at Royal Oak Crossings at Gardenia in the in the Oakmount Park neighborhood starting from $1,395. The second greatest value Downtown Madison Heights apartment is the 739 S Alexander Ave Model at 739 S Alexander Ave, Unit LowerLevel starting at $1,400 with a $1.40 price per square foot in the Downtown Ferndale neighborhood. Here is today’s list of the best values for Downtown Madison Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Oak Crossings at GardeniaGardenia2BR,1BA$1.40
739 S Alexander Ave, Unit LowerLevel739 S Alexander Ave1BR,1BA$1.40
Elmsleigh ApartmentsTwo Bedroom Townhouse2BR,1BA$1.55
Parkview Village ApartmentsPointe2BR,1BA$1.47
Campbell Manor1 Bedroom1BR,1BA$1.38
District Royal OakA11BR,1BA$1.73
Stephenson House - Madison Heights, MIOne Bed, One Bath | 021BR,1BA$1.69
Parkview Tower ApartmentsOne Bedroom1BR,1BA$1.31
The Reserve at WarrenThe Aspen1BR,1BA$1.35
Maple Grove1 bed1BR,1BA$1.61

Frequently Asked Questions about Downtown Madison Heights

What type of rentals are currently available in Downtown Madison Heights?

There are currently 144 Apartments for Rent in Downtown Madison Heights, MI with pricing that ranges from $700 to $11,505. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Madison Heights ranging from $1,325 to $4,000.

What is the current price range for Rental Homes in Downtown Madison Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Madison Heights ranges from $1,325 to $4,000 with an average monthly rent of $1,914.

How much are larger Three and Four Bedroom Rentals in Downtown Madison Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Madison Heights range from $1,585 to $6,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $4,500.

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

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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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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

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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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Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.