Cheap Apartments for Rent in Taylor, MI from $500 (77 Rentals)

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

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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The Springs
$1,200 - $1,450
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$1,200 - $1,450

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2 to 3 Bedroom Apartments Available Now

The Springs

15928 Springs Village BlvdTaylor, MI 48180
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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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Royal Park Apartments
Studio to 1 Bedroom Apartments

Royal Park Apartments

7146 Harding StTaylor, MI 48180
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Ziegler Apartments
1 Bedroom Apartments

Ziegler Apartments

14167 Ziegler StTaylor, MI 48180
Senior Living
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Parkview
2 to 3 Bedroom Apartments

Parkview

22001-23005 Parkview DrTaylor, MI 48180

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.

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.

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

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

Taylor, MI Local Guide

Cheapest Neighborhoods for Apartments in Taylor, MI

Pricing Updated: 05/07/2026

Current apartment rentals in the Taylor, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Taylor Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downriver$2,900$675435

Cheapest Available Taylor Apartments for Rent

 

The cheapest available apartment rental in Taylor, MI is a 1 Bed unit found at London Moore Apartments in the Dix-Ford neighborhood priced from $765. Heatherwood Apartments in the West Dearborn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Taylor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
London Moore ApartmentsLondon Moore Apartments - One Bedroom1BR,1BA$765
Heatherwood ApartmentsWelcome to our beautiful apartment community lo...1BR,1BA$825
Southgate Park Apartments and Townhomes1 Bed 1 Bath1BR,1BA$850
6311 6353 Middlebelt Rd1 Bed 1 Bath Apt.1BR,1BA$895
Village on the ParkStudio ApartmentsStudio,1BA$915
The Flats of Inkster2BL2BR,1BA$935
Princeton SquareOne Bedroom1BR,1BA$945
Residences On Penn - Riverview, MIBell1BR,1BA$974
Westminster Park ApartmentsThe Thames1BR,1BA$995
Z on Pardee1 Beds, 1 Baths1BR,1BA$999

Best Value Apartments for Rent in Taylor, MI

As of May 07, 2026 the best value apartment in the Taylor area is the $1.05 price per square foot 5 Beds, 3 baths Model at 20543 Gudith Rd in the in the Fort neighborhood starting from $2,900. The second greatest value Taylor apartment is the Premium Marquis Model at Hamlin Place Estates starting at $1,475 with a $1.19 price per square foot in the Merriman neighborhood. Here is today’s list of the best values for Taylor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
20543 Gudith Rd5 Beds, 3 baths5BR,3BA$1.05
Hamlin Place EstatesPremium Marquis3BR,2BA$1.19
Heritage Glen TownhomesTwin Arbor2BR,1.5BA$1.00
Westgrove ApartmentsThe Kingsley2BR,1.5BA$1.18
Parklane Townhouses2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$1.14
The Flats of Inkster2BR2BR,1BA$1.26
The Hamptons of Brownstown ApartmentsWillow2BR,1BA$1.27
Z on Pardee1 Beds, 1 Baths1BR,1BA$1.25
London Moore ApartmentsLondon Moore Apartments - One Bedroom1BR,1BA$1.02
Heatherwood ApartmentsWelcome to our beautiful apartment community lo...1BR,1BA$1.27

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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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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Frequently Asked Questions about Cheap Taylor Apartments

What is a cheap apartment in Taylor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Taylor is under $999.

What is the price of a cheap apartment in Taylor?

The cheapest apartment in Taylor is London Moore Apartments which is listed at $765, while the average apartment in Taylor costs $2,900.

What types of apartments are the cheapest in Taylor?

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 35 regular apartments in Taylor 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 Taylor?

Cheap apartments in Taylor have an average cost of $105 which is $2,795 cheaper than the average rent for all rentals in Taylor.

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 Insiders 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.

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.