Cheap Homes for Rent in Downtown Madison Heights Neighborhood of Madison Heights, MI from $1,200 (17 Rentals)

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

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.

property at 36 E Kalama Ave

36 E Kalama Ave

Madison HeightsMI48071

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 143 E Drayton St

143 E Drayton St

FerndaleMI48220

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Downtown Madison Heights, Madison Heights, MI Local Guide

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 Elmsleigh Apartments priced from $940. Rochester House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Downtown Madison Heights apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Elmsleigh ApartmentsOne Bedroom1BR,1BA$940
Rochester House ApartmentsOne Bedroom1BR,1BA$950
Warren Club1 bed 1 bath1BR,1BA$970
Parkview Village ApartmentsBerkley1BR,1BA$999
Maple Grove1 bed1BR,1BA$1,039

Best Value Apartments for Rent in Downtown Madison Heights, MI

As of June 12, 2025 the best value apartment in the Downtown Madison Heights area is the $1.91 price per square foot D1 Three Bedroom Model at Flats at Iron Ridge in the in the Downtown Royal Oak neighborhood starting from $2,755. The second greatest value Downtown Madison Heights apartment is the Two Bedroom Model at Elmsleigh Apartments starting at $1,210 with a $1.34 price per square foot in the Forest Heights 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.
Flats at Iron RidgeD1 Three Bedroom3BR,2BA$1.91
Elmsleigh ApartmentsTwo Bedroom2BR,1BA$1.34
Parkview Village ApartmentsHeights2BR,2BA$1.58
Campbell Manor1 Bedroom1BR,1BA$1.40
Sunrise at LincolnA1PR1BR,1BA$1.53
Rochester House ApartmentsOne Bedroom1BR,1BA$1.36
Maple Grove1 bed1BR,1BA$1.60
Amber's Red Run Apartments1 Bedroom1BR,1BA$1.90
Warren Club1 bed 1 bath1BR,1BA$1.62
484 E Breckenridge St1 Bedroom1BR,1BA$2.16

Quick Rent Budget Calculator

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Frequently Asked Questions about Downtown Madison Heights

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

There are currently 141 Apartments for Rent in Downtown Madison Heights, MI with pricing that ranges from $870 to $8,589. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Madison Heights ranging from $1,200 to $3,950.

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 $1,200 to $3,950 with an average monthly rent of $2,218.

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 $1,510 to $8,589, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.