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Apartments for Rent in Detroit, MI under $500
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1 bd $406+Base rent Income restricted2280 Vernor, Detroit, MI 48207 -
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2 bd $420+Base rentCoolidge Terrace Cooperative, Oak Park, MI 48237
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Frequently asked questions
When were prices and availability in Detroit, MI last updated?
Prices and availability in Detroit, MI were last updated on 16 Apr 2026.
What are the best apartments in Detroit, MI?
The best apartments in Detroit, MI are: Lafayette Park Place - Detroit, MI, The Village of Hyde Park, Holbrook Apartments, 825 Iroquois and Franklin Village Apartments.
What type of rental buildings are in Detroit, MI?
In Detroit, 50% of the residents are renting compared to 50% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of Detroit's rentals, 38% are small-scale complexes with under 50 units, and 44% are single-family rentals.