
Cheap Homes for Rent in Downtown Madison Heights Neighborhood of Madison Heights, MI from $1,300 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Madison Heights area of Madison Heights.


24002 Wedgewood Cir

24002 Wedgewood Cir

23115 Tawas Ave

29264 Tessmer Ct

29270 Tessmer Ct
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.

842 E 10 Mile Rd

23108 Pilgrim Ave

23352 Powell Ave

611 Fairgrove Ave

26045 Groveland St

29156 Tessmer Ct
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.

23739 Cayuga Ave

3250 Minerva St

2001 Barrett Ave

344 W Goulson Ave

3167 E 11 Mile Rd

247 Hecht Dr
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.

28833 Groveland St
Downtown Madison Heights, Madison Heights, MI Local Guide

How much does it cost to rent a home in Downtown Madison Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Madison Heights 2 Bedroom Homes for Rent | $1,801 | $1,325 | $3,400 |
| Downtown Madison Heights 3 Bedroom Homes for Rent | $2,108 | $1,550 | $4,000 |
| Downtown Madison Heights 4 Bedroom Homes for Rent | $2,200 | $1,650 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Madison Heights Neighborhood of Madison Heights, MI.
Explore Madison Heights
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkview Tower Apartments | One Bedroom | 1BR,1BA | $920 |
| The Reserve at Warren | The Aspen | 1BR,1BA | $945 |
| Maple Grove | 1 bed | 1BR,1BA | $1,049 |
| Elmsleigh Apartments | One Bedroom | 1BR,1BA | $1,055 |
| Parkview Village Apartments | Park | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royal Oak Crossings at Gardenia | Gardenia | 2BR,1BA | $1.40 |
| 739 S Alexander Ave, Unit LowerLevel | 739 S Alexander Ave | 1BR,1BA | $1.40 |
| Elmsleigh Apartments | Two Bedroom Townhouse | 2BR,1BA | $1.55 |
| Parkview Village Apartments | Pointe | 2BR,1BA | $1.47 |
| Campbell Manor | 1 Bedroom | 1BR,1BA | $1.38 |
| District Royal Oak | A1 | 1BR,1BA | $1.73 |
| Stephenson House - Madison Heights, MI | One Bed, One Bath | 02 | 1BR,1BA | $1.69 |
| Parkview Tower Apartments | One Bedroom | 1BR,1BA | $1.31 |
| The Reserve at Warren | The Aspen | 1BR,1BA | $1.35 |
| Maple Grove | 1 bed | 1BR,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

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.

The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
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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.

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.

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
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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

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.

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.

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.

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.