11 Cheapest Places to Rent in the United States

2) Detroit, Michigan

Detroit took the top spot for single-family rentals with a median price of $750 per month. One-bedroom and two-bedroom apartments had median rental rates of $625 and $650 respectively. Rental costs vary widely amongst neighborhoods, however. Barton-McFarland was less than $500 per month, while downtown could run as much as $1,800. Detroit has gone through some notoriously difficult times with the decline of the local auto industry. Countless homes still sit empty and the city declared bankruptcy in 2013. There are parts of town seeing a resurgence, the return of small business, and an artsy, urban crowd is migrating to the downtown area. The poverty level is high and mass transit is limited. The current unemployment rate is the best it has been in 15 years, but is still higher than the national average. The crime rate is also high, though there are pockets where it is significantly lower.