Cheap Apartments for Rent in the Downtown Pleasant Ridge Neighborhood of Pleasant Ridge, MI from $700 (52 Rentals)

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

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.

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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.

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Sandstone Apartments
1 to 2 Bedroom Apartments

Sandstone Apartments

12800 W Nine Mile RdOak Park, MI 48237
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22444 Woodward Ave
1 Bedroom Apartments

22444 Woodward Ave

22444 Woodward AveFerndale, MI 48220
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Margo Manor Apartments
1 to 2 Bedroom Apartments

Margo Manor Apartments

1250-1270 W 9 Mile RdFerndale, MI 48220
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The Windemere
1 Bedroom Apartments

The Windemere

1125 N Sherman DrRoyal Oak, MI 48067
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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.

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1619 W 9 Mile
1 Bedroom Apartments

1619 W 9 Mile

1619 W 9 Mile RdFerndale, MI 48220
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Carriage House
1 Bedroom Apartments

Carriage House

620 E Lincoln AveRoyal Oak, MI 48067
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11 Mile Flats
1 Bedroom Apartments

11 Mile Flats

1804-1818 E 11 Mile RdRoyal Oak, MI 48067
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Royal Oak Estates
1 to 2 Bedroom Apartments

Royal Oak Estates

805-905 N Stephenson HwyRoyal Oak, MI 48067
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Legacy on Oakland
1 to 2 Bedroom Apartments

Legacy on Oakland

406 Oakland AveRoyal Oak, MI 48067
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822 Hawthorn Ave
2 Bedroom Apartments

822 Hawthorn Ave

822 Hawthorn AveRoyal Oak, MI 48067

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Downtown Pleasant Ridge, Pleasant Ridge, MI Local Guide

Cheapest Available Downtown Pleasant Ridge Apartments for Rent

 

The cheapest available apartment rental in the Downtown Pleasant Ridge area of Detroit, MI is a 1 Bed unit found at Stephenson House - Madison Heights, MI priced from $1,075. North Royal Oak Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Downtown Pleasant Ridge apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Stephenson House - Madison Heights, MIOne Bed, One Bath | 021BR,1BA$1,075
North Royal Oak ApartmentsOne bedroom-One bathroom1BR,1BA$1,075
Marion Manor ApartmentsMarion Manor Apts - 1 Bedroom - G unit #31BR,1BA$1,095
330 Oakland Avenue1 Beds, 1 Baths1BR,1BA$1,100
Amber on 11StudioStudio,1BA$1,125
Campbell Manor1 Bedroom1BR,1BA$1,125
Village of Royal Oak ApartmentsA21BR,1BA$1,150
Fern 28, LLCOne Bedroom - Oakridge1BR,1BA$1,195
Avenue Eleven ApartmentsOne Bedroom / One Bathroom1BR,1BA$1,250
Farnum Apartments1 Bedroom1BR,1BA$1,255

Best Value Apartments for Rent in Downtown Pleasant Ridge, MI

As of December 29, 2025 the best value apartment in the Downtown Pleasant Ridge area is the $1.53 price per square foot Townhome Model at Amber Crossing in the in the Woodward Heights neighborhood starting from $2,395. The second greatest value Downtown Pleasant Ridge apartment is the 260 Spencer St Model at 260 Spencer St, Unit B starting at $1,495 with a $1.50 price per square foot in the Downtown Ferndale neighborhood. Here is today’s list of the best values for Downtown Pleasant Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Amber CrossingTownhome3BR,2.5BA$1.53
260 Spencer St, Unit B260 Spencer St2BR,1BA$1.50
Oakfern ManorTwo Bed2BR,1BA$1.53
Huntington ParcWoodward2BR,1BA$1.58
The Marshall Place2/1 Condo (870sf)2BR,1BA$1.67
North Royal Oak ApartmentsTwo Bedroom-One bathroom2BR,1BA$1.50
Campbell Manor1 Bedroom1BR,1BA$1.41
Fern 28, LLCOne Bedroom - Oakridge1BR,1BA$1.67
330 Oakland Avenue1 Beds, 1 Baths1BR,1BA$1.57
Stephenson House - Madison Heights, MIOne Bed, One Bath | 011BR,1BA$1.59

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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Pet Friendly Lifestyle
Downtown Pleasant Ridge, Pleasant Ridge, MI

Ranked #1

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Pleasant Ridge Apartments

What is a cheap apartment in Downtown Pleasant Ridge?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Pleasant Ridge is under $1,255.

What is the price of a cheap apartment in Downtown Pleasant Ridge?

The cheapest apartment in Downtown Pleasant Ridge is Stephenson House - Madison Heights, MI which is listed at $1,075, while the average apartment in Downtown Pleasant Ridge costs $9,009.

What types of apartments are the cheapest in Downtown Pleasant Ridge?

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 12 regular apartments in Downtown Pleasant Ridge 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 Pleasant Ridge?

Cheap apartments in Downtown Pleasant Ridge have an average cost of $189 which is $8,820 cheaper than the average rent for all rentals in Downtown Pleasant Ridge.

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

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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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Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!