Cheap Apartments for Rent in Southfield, MI from $500 (231 Rentals)

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Search the lowest-cost Apartments available for rent right now in Southfield.

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.

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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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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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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.

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Park Lane Apartments
$1,560 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,560 - $1,940
Total Monthly Price
$1,560 - $1,940
1 to 2 Bedroom Apartments Available Now

Park Lane Apartments

23344 Park Place DrSouthfield, MI 48033
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  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Southfield, MI Local Guide

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Cheapest Available Southfield Apartments for Rent

 

The cheapest available apartment rental in Southfield, MI is a Studio unit found at Farmington Manor Apartments in the Middlebelt neighborhood priced from $725. Woodland Arms Apartments in the Berg-Lasher neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Southfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Farmington Manor ApartmentsStudioStudio,1BA$725
Woodland Arms ApartmentsWe have a clean updated 1 Bedroom Apartment rea...1BR,1BA$775
The Park at Trowbridge1 Bed, 1 Bath C1BR,1BA$799
Pembrook Manor1B/1B1BR,1BA$800
Oak RidgeStudioStudio,1BA$800
Pickford Place Apartments1B/1B1BR,1BA$835
Terrace Court1 BR/1 Bath1BR,1BA$850
Maple Ridge Apartments1 Brm/1 Bath1BR,1BA$875
Hidden PinesScotch/Spruce1BR,1BA$875
Highland Towers - Senior Living 55+One Bedroom1BR,1BA$888

Best Value Apartments for Rent in Southfield, MI

As of July 15, 2026 the best value apartment in the Southfield area is the $1.05 price per square foot The Townhouse Model at Legacy Place Apartments - Southfield, MI in the in the Pembroke neighborhood starting from $3,600. The second greatest value Southfield apartment is the Garden 2 Bedroom Model at The Oxley starting at $1,295 with a $0.89 price per square foot in the Pembroke neighborhood. Here is today’s list of the best values for Southfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy Place Apartments - Southfield, MIThe Townhouse4BR,2.5BA$1.05
The OxleyGarden 2 Bedroom2BR,2BA$0.89
Lancaster HillsWoodville2BR,2BA$1.15
RADIUS AT TEN MILE2 Bedroom2BR,2BA$1.09
Chateau RivieraHudson 2 Bedroom 2 Bath2BR,2BA$1.08
Carlyle Tower Apartments - Southfield, MI2 Bed | 2 Bath 1,174 sq. ft.2BR,2BA$1.19
22448 W McNichols Rd, Unit 222448 W McNichols Rd2BR,1BA$0.82
Parkview ApartmentsOne Bedroom1BR,1BA$1.17
Farmington Manor Apartments1 Brm 1 Bth1BR,1BA$1.18
Pembrook Manor1B/1B1BR,1BA$1.14

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 Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Southfield Overview

Southfield, Michigan, in Oakland County, is a thriving metropolis. This city is well-known for its many leisure options, multicultural neighborhoods, and successful commercial sector. One of the numerous benefits of calling Southfield home is its proximity to both major highways and large metropolitan centers like Detroit. Numerous Southfield apartments in the city provide residents with convenient, high-quality housing. There are several recreation options for locals, including parks, golf courses, and retail malls. Southfield also encourages a feeling of community and provides inhabitants with interesting activities by hosting events and festivals throughout the year.

Why live in Southfield, MI?

Southfield is a great place to call home for a host of reasons. The city’s robust economy and full range of employment options draw skilled workers from all walks of life. Because of its proximity to Detroit, visitors can easily reach the city’s museums, stadiums, and other entertainment venues. Southfield also has a wide variety of people who call the city home and different types of housing stock, from rambling suburban homes to contemporary apartment complexes. Through various events and initiatives, the city encourages residents to get to know one another and feel more at ease in their surroundings. Southfield is a wonderful place to live because of the high quality of its educational institutions, parks, and opportunities for recreation.

Southfield, MI
Population: 73,158

Ranked #492

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Southfield, MI Rentals by Map

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Frequently Asked Questions about Cheap Southfield Apartments

What is the Cheapest Studio apartment in Southfield?

Currently the most affordable Cheap Studio Apartment in Southfield is at Farmington Manor Apartments listed at $725.

How much is rent for a Cheap One Bedroom Southfield Apartment?

The lowest price for a Cheap One Bedroom Southfield Apartment is $775 at Woodland Arms Apartments.

What is the lowest price for a Cheap Two Bedroom Southfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southfield is starting from $875 at Woodland Arms Apartments.

What is the most affordable Southfield Three Bedroom Apartment?

The best deal on a cheap Southfield Three Bedroom Apartment rental is at Regal Towers and starts from $1,349.

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 Insider's 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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.