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Highlights

  • Rent Special
  • Pet Friendly

Location

1247 Woodward Avenue, Detroit, Michigan 48226, United States|Downtown Detroit
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Tour The Lofts of Merchants Row

Contact

Management

Village Green Companies

Leasing office

(313) 474-9036

Open 

Monday 9:00 am–6:00 pm ET

Property Overview

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, The Lofts of Merchants Row is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Lofts of Merchants Row has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Middle school nearby
  • Elementary school nearby

Floor plans

S02Studio1 bath631 sqft$1,490–$1,610 /mo2 units available
A011 bed1 bath660 sqft$1,435–$1,465 /mo2 units available
A031 bed1 bath798 sqft$1,535–$1,585 /mo2 units available
A231 bed1 bath968 sqft$1,690–$1,750 /mo2 units available
A021 bed1 bath784 sqft$1,690–$1,705 /mo2 units available
A051 bed1 bath807 sqft$1,695–$1,745 /mo2 units available
A271 bed1 bath995 sqft$1,705–$1,760 /mo2 units available
A251 bed1 bath981 sqft$1,720–$1,760 /mo2 units available
A291 bed1 bath1,168 sqft$1,730–$1,750 /mo2 units available
A241 bed1 bath974 sqft$1,740–$1,750 /mo2 units available
A261 bed1 bath988 sqft$1,760–$1,780 /mo2 units available
A211 bed1 bath932 sqft$1,760–$1,800 /mo2 units available
A141 bed1 bath864 sqft$1,805–$1,825 /mo2 units available
A221 bed1 bath952 sqft$1,895–$2,020 /mo2 units available
C082 bed2 bath1,362 sqft$1,995–$2,205 /mo2 units available
C092 bed2 bath1,408 sqft$2,250–$2,260 /mo2 units available

Let's explore this property.

Amenities for The Lofts of Merchants Row

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max. | Restrictions: None.

$35

Pet Fee

One-time fee per pet.

$150

Pet Deposit

Refundable: $300.00 refundable deposit. One-time deposit per pet.

$300

Dog

Pet Rent

Monthly. 2 dogs max. Two pets per apartment home. 70lb. weight limit per dog. Breed restrictions apply. Call for details. | Restrictions: None.

$35

Pet Fee

One-time fee per pet.

$150

Pet Deposit

Refundable: $300.00 refundable deposit. One-time deposit per pet.

$300

Questions about this property’s policies and fees?

Building details

Property details

Units199
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About The Lofts of Merchants Row

HomeApartments in DetroitDowntown Detroit The Lofts of Merchants Row

The Lofts of Merchant Row offers studio, 1, 2, and 3-bedroom lofts and penthouse apartments for rent in Detroit, MI. Our pet-friendly apartment community is in an ideal location in the heart of Downtown Detroit with easy access to I-74, I-375, and the People Mover public transportation system, as well as shopping, dining, entertainment, and top Detroit employers including RenCen, Ford Field, Comerica Park, DTE Energy, and Blue Cross Blue Shield of Michigan. Our apartments feature light wood shaker-style cabinetry, stainless steel Samsung appliances, grand kitchen islands with granite countertops, hardwood flooring, and unique features like vaulted ceilings, exposed brick accent walls, and spiral staircases. Residents enjoy amenities including a resident lounge, 24-hour fitness studio, Luxer One package receiving, and assigned garage parking. Contact us today to schedule a tour and make The Lofts of Merchant Row your new home!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, The Lofts of Merchants Row is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Lofts of Merchants Row has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated The Lofts of Merchants Row
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Lofts of Merchants Row stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Lofts of Merchants Row stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Lofts of Merchants Row is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Lofts of Merchants Row does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Lofts of Merchants Row compares to other nearby properties.

Positives

More space
The 1-bedroom is 129 sqft larger than other listings nearby
More space
The 2-bedroom is 235 sqft larger than other listings nearby
More space
Studio is 81 sqft larger than other listings nearby
Middle school nearby
There is a middle school 0.3 mile away
Elementary school nearby
There is an elementary school 1 mile away
Dishwasher
Dishwasher available in kitchen
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Package service
More secure storage for delivery
Pet friendly
This property allows pets
Walk-in closet
More closet space on average

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Rent trends in Downtown Detroit

Studio apartments at The Lofts of Merchants Row cost about 50% more than the average rent price for studios in Downtown Detroit.

1-bedroom apartments here are priced 19% higher than 1-bedrooms in Downtown Detroit.

If you decide to upgrade your space, you can expect 2-bedrooms at The Lofts of Merchants Row to be 6% more than the average for similarly sized apartments in Downtown Detroit.

Median rents as of Dec 6 2025.
Downtown Detroit
Detroit
A table of studio rental data trends in Detroit
MonthMedian Rent
December 2023$1,025
January 2024$1,015
February 2024$915
March 2024$930
April 2024$899
May 2024$932
June 2024$973
July 2024$991
August 2024$982
September 2024$960
October 2024$993
November 2024$1,007
December 2024$1,014
January 2025$1,080
February 2025$1,102
March 2025$1,010
April 2025$997
May 2025$999
June 2025$1,044
July 2025$995
August 2025$971
September 2025$917
October 2025$899
November 2025$926
December 2025$944
A table of studio rental data trends in Downtown Detroit
MonthMedian Rent
December 2023$1,328
January 2024$1,326
February 2024$1,313
March 2024$1,330
April 2024$1,422
May 2024$1,462
June 2024$1,450
July 2024$1,351
August 2024$1,425
September 2024$1,444
October 2024$1,417
November 2024$1,343
December 2024$1,371
January 2025$1,377
February 2025$1,472
March 2025$1,326
April 2025$1,192
May 2025$1,250
June 2025$1,142
July 2025$1,106
August 2025$1,004
September 2025$990
October 2025$974
November 2025$995
December 2025$995

Affordability calculator

Can I afford to live at 1247 Woodward Avenue?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$59,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,600 annually to afford this studio monthly rent price of $1,490.
For more information on rent affordability, visit our rent calculator.

Schools near The Lofts of Merchants Row

Spain Elementary-Middle School

3700 beaubien st

detroit, MI, 48201

PK, K-8Public
C-

Bunche Preparatory Academy

2715 macomb st

detroit, MI, 48207

PK, K-8Public
C-

Earhart Elementary/Middle School

1000 scotten st

detroit, MI, 48209

PK, K-8Public
C-

Maybury Elementary School

4410 porter st

detroit, MI, 48209

PK, K-5Public
C

Moses Field School

1100 sheridan st

detroit, MI, 48214

PK, K-8Public
B+
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Internet available near The Lofts of Merchants Row

Getting around Detroit near 1247 Woodward Avenue

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 1247 Woodward Avenue, Detroit

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

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