Cheap Homes for Rent in Wayne, MI from $750 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Wayne.

property at 2505 Stieber St
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Condo for Rent
Available Now

2505 Stieber St, Unit 2505 Stieber

2505 Stieber St
WestlandMI48186
  • Smoke Free

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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 Wayne Apartments in the Merriman neighborhood priced from $700. Wayne Tower Senior Apartments in the Merriman neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wayne Apartments1 Beds, 1 Baths1BR,1BA$700
Wayne Tower Senior Apartments1 Bedroom1BR,1BA$800
The Flats Parkview2-Bedroom2BR,1BA$849
Westchester Towers1x1 6201BR,1BA$899
Parklane Townhouses1 Bedroom 1 Bath1BR,1BA$900

Best Value Apartments for Rent in Wayne, MI

As of September 11, 2026 the best value apartment in the Wayne area is the $1.20 price per square foot House Model at 29800 Oakwood St in the in the Merriman neighborhood starting from $1,250. 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.
29800 Oakwood StHouse3BR,1BA$1.20
Pinewoods Circle2 Bed 2 Bath2BR,2BA$1.30
Parklane Townhouses3 Bedrooms, 1.5 Bathrooms3BR,1.5BA$1.22
4080 Isabelle StHouse4BR,1BA$1.03
The Flats Parkview2-Bedroom2BR,1BA$1.06
Wade ManorHerbert1BR,1BA$1.17
Parks at ConcordeArcadia - Upgrade 2nd Floor1BR,1BA$1.44
Orchards of Newburgh ApartmentsThe Addison1BR,1BA$1.30
Park Hill Apartments1 Bedroom1BR,1BA$1.36
Wayne Apartments1 Beds, 1 Baths1BR,1BA$1.12

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 Article
Decorative image

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.

Read Article

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Wayne, MI Rentals by Map

View Map
Wayne, MI Apartments Map
View Map
Wayne, MI Rental Homes Map

Frequently Asked Questions about Wayne

What type of rentals are currently available in Wayne?

There are currently 115 Apartments for Rent in Wayne, MI with pricing that ranges from $735 to $3,215. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayne ranging from $750 to $3,500.

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 $3,500 with an average monthly rent of $1,609.

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

decorative image for Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide article

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Metro Detroit. As covered in other articles, the City of Detroit has much to offer to renters.

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.

decorative image for The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown article

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 The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.