Cheap Homes for Rent in Wayne, MI from $700 (11 Rentals)

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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.

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.

Wayne, MI Local Guide

Cheapest Available Wayne Apartments for Rent

 

The cheapest available apartment rental in Wayne, MI is a 1 Bed unit found at Parklane Townhouses in the Merriman neighborhood priced from $750. Newberry Square Apartments in the Merriman neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parklane Townhouses1 Bedroom, 1 Bathroom1BR,1BA$750
Newberry Square ApartmentsOne Bed1BR,1BA$850
Mid Apartments1-Bedroom1BR,1BA$895
Westchester Towers1x1 6201BR,1BA$899
Park Hill Apartments1 Bedroom1BR,1BA$990

Best Value Apartments for Rent in Wayne, MI

As of December 14, 2025 the best value apartment in the Wayne area is the $1.09 price per square foot Brenda Model at Wade Manor in the in the North Westland neighborhood starting from $1,093. The second greatest value Wayne 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 Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wade ManorBrenda2BR,1.5BA$1.09
Pinewoods Circle2 Bed 2 Bath2BR,2BA$1.30
Alexis Manor2 Bed / 1 Bath2BR,1BA$1.11
Trafalgar Square Apartments2 Bedroom Updated2BR,1.5BA$1.29
Midtown Square ApartmentsTwo Bedroom2BR,1BA$1.24
Parks at ConcordeSequioa - Upgrade2BR,1BA$1.42
Newberry Square ApartmentsTwo Bed2BR,1BA$1.25
Orchards of Newburgh ApartmentsThe Addison1BR,1BA$1.35
Park Hill Apartments1 Bedroom1BR,1BA$1.34
Parklane Townhouses1 Bedroom, 1 Bathroom1BR,1BA$1.20

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

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Frequently Asked Questions about Wayne

What type of rentals are currently available in Wayne?

There are currently 111 Apartments for Rent in Wayne, MI with pricing that ranges from $750 to $2,349. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayne ranging from $750 to $4,600.

What is the current price range for Rental Homes in Wayne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wayne ranges from $750 to $4,600 with an average monthly rent of $1,573.

How much are larger Three and Four Bedroom Rentals in Wayne?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wayne range from $1,050 to $2,190, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,265 and Four Bedroom Apartments start at $1,350.

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.

Articles, How-To's, and Tips

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.