
Cheap Apartments for Rent in the Grace Neighborhood of Wayne, MI from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grace area of Wayne.


Wayne Tower Senior Apartments

Westchester Towers

Park Hill Apartments
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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.

Gloria Street Apartments

Parks at Concorde

Orchards of Newburgh Apartments

Trafalgar Square Apartments
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Birch Run Townhouse Cooperative
Grace, Wayne, MI Local Guide

How much does it cost to rent an apartment in Grace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grace Studio Apartments | $890 | $875 | $905 |
| Grace 1 Bedroom Apartments | $1,063 | $750 | $1,470 |
| Grace 2 Bedroom Apartments | $1,406 | $850 | $2,349 |
| Grace 3 Bedroom Apartments | $1,807 | $1,450 | $1,930 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Grace Neighborhood of Wayne, MI.
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Grace, Wayne, MI Local Guide
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Cheapest Available Grace Apartments for Rent
 The cheapest available apartment rental in the Grace area of Detroit, MI is a 1 Bed unit found at Newberry Square Apartments priced from $750. Westchester Towers has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Grace apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Newberry Square Apartments | One Bed | 1BR,1BA | $750 |
| Westchester Towers | Studio 488 | Studio,1BA | $875 |
| Parks at Concorde | Arcadia - 2nd Floor | 1BR,1BA | $950 |
Best Value Apartments for Rent in Grace, MI
As of February 04, 2026 the best value apartment in the Grace area is the $1.74 price per square foot Forestwood Model at Redwood Canton in the in the Grace neighborhood starting from $2,249. The second greatest value Grace apartment is the 2 Bed 2 Bath Model at Pinewoods Circle starting at $1,300 with a $1.30 price per square foot in the Merriman neighborhood. Here is today’s list of the best values for Grace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Canton | Forestwood | 2BR,2BA | $1.74 |
| Pinewoods Circle | 2 Bed 2 Bath | 2BR,2BA | $1.30 |
| Alexis Manor | 2 Bed / 1 Bath | 2BR,1BA | $1.11 |
| Parks at Concorde | Sequioa - Upgrade 2nd Floor | 2BR,1BA | $1.33 |
| Fairway Club Apartments | Two Bedroom | 2BR,1BA | $1.43 |
| Newberry Square Apartments | Two Bed | 2BR,1BA | $1.09 |
| Park Hill Apartments | 1 Bedroom | 1BR,1BA | $1.34 |
| Orchards of Newburgh Apartments | The Addison | 1BR,1BA | $1.32 |
| Pointe West Apartments | 1 Bed Traditional | 1BR,1BA | $1.66 |
| Autumn Ridge | 1 Bed | 1 Bath Large One Bedroom | 1BR,1BA | $1.71 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleGrace, Wayne, MI
Ranked #3
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Grace, Wayne, MI
Wayne Memorial High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Michigan and customized analysis for Detroit, Michigan. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Grace Apartments
What is the price of a cheap apartment in Grace?
The cheapest apartment in Grace is Newberry Square Apartments which is listed at $750, while the average apartment in Grace costs $1,912.
What types of apartments are the cheapest in Grace?
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 5 regular apartments in Grace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.

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.
Articles, How-To's, and Tips

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.