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OFFER:
A Fresh Start Begins this Spring! FOR A LIMITED TIME ONLY, get $1,500 off your move-in costs if you move in by 4/12! PLUS, newly reduced rents on select floorplans. Call to schedule your tour TODAY!
Rent Special
Pet FriendlyManaged by
Management
Village Green Companies
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.
Things you’ll love
More spaceMiddle school nearbyElementary school nearby| S02 - Renovated | Studio | 1 bath | 631 sqft | $1,450–$1,610 /mo | 2 units available | ||
| A02 - Renovated | 1 bed | 1 bath | 784 sqft | $1,690–$1,710 /mo | 2 units available | ||
| A05 | 1 bed | 1 bath | 807 sqft | $1,695–$1,835 /mo | 2 units available | ||
| A08 | 1 bed | 1 bath | 826 sqft | $1,700–$1,790 /mo | 2 units available | ||
| A20 | 1 bed | 1 bath | 932 sqft | $1,710–$1,780 /mo | 2 units available | ||
| A11 | 1 bed | 1 bath | 852 sqft | $1,735–$1,930 /mo | 2 units available | ||
| A14 | 1 bed | 1 bath | 864 sqft | $1,875–$1,885 /mo | 2 units available | ||
| A22 - Renovated | 1 bed | 1 bath | 952 sqft | $1,900–$2,020 /mo | 2 units available | ||
| C08 | 2 bed | 2 bath | 1,362 sqft | $2,205–$2,245 /mo | 2 units available | ||
| C09 | 2 bed | 2 bath | 1,408 sqft | $2,250–$2,260 /mo | 2 units available |
Apartment Amenities
| 24 Hour Emergency Maintenance Services | Air Conditioning |
| Carpet | Central Air Conditioning & Heating |
| Dark Hardwood Flooring | Designated Dining Room |
| Elevator Access | Entry Foyer with Coat Closet |
| Exposed Brick Accent Wall | Foot-Friendly Carpeting in Bedrooms |
| Hardwood Floor | High Ceilings |
| Oversized Bathroom Mirrors | Oversized Windows with Ample Natural Light |
| Spiral Staircase | Walk-in Closet |
| Walk-In Shower |
Appliances
| Above Range Microwave | Dishwasher |
| Glass Top Stove | In-Unit Laundry |
| Stainless Steel Samsung Appliances | Washer and Dryer |
Tech
| High-Speed Internet Access & Cable Ready | Programmable Digital Thermostat |
Building
| 24 Hour Fitness Studio | Cats OK |
| Community Laundry Facilities | Controlled Access |
| Dogs OK | Elevator |
| Fitness Center | Onsite Laundry |
| Resident Lounge | Residents Lounge |
| Smoke-Free Buildings |
Grounds
| Assigned Garage Parking | Controlled Access Community |
| Garage Parking | Storage |
Services
| Dry Cleaning Service | Dry Cleaning Service Available |
| On-Site Management | Package Service |
| Planned Social Activities for Residents | Stars & Stripes Military Rewards Program |
Neighborhood
| Easy Access to Public Transportation |
Other
| Online Resident Portal | Professional Onsite Management Team |
| Various Lease Term Options |
One-time.
One-time. Refundable.
Garage Parking
Monthly. 2 cats max. | Restrictions: None.
One-time fee per pet.
Refundable: $250.00 refundable deposit. One-time deposit per pet.
Monthly. 2 dogs max. Two pets per apartment home. 70lb. weight limit per dog. Breed restrictions apply. Call for details. | Restrictions: None.
One-time fee per pet.
Refundable: $250.00 refundable deposit. One-time deposit per pet.
Questions about this property’s policies and fees?
| Units | 199 |
|---|
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!
How The Lofts of Merchants Row compares to other nearby properties.
Positives
Studio apartments at The Lofts of Merchants Row cost about 40% more than the average rent price for studios in Downtown Detroit.
1-bedroom apartments here are priced 10% 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 9% more than the average for similarly sized apartments in Downtown Detroit.
| Month | Median Rent |
|---|---|
| April 2024 | $900 |
| 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 | $953 |
| January 2026 | $960 |
| February 2026 | $945 |
| March 2026 | $963 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,413 |
| 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 | $991 |
| January 2026 | $997 |
| February 2026 | $1,009 |
| March 2026 | $1,035 |
Can I afford to live at 1247 Woodward Ave?
Bedrooms
Rent-to-income ratio
30%
$58,000/yr
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Downtown Detroit • 150 Bagley St
1 Bed
$1,299–$2,750
Southfield Downtown • 16500 North Park Drive
Studio–2 Beds
$1,099–$1,989
Downtown Detroit • 1538 Centre Street
1–2 Beds
$1,200–$2,000
13010 Avondale Street
1–2 Beds
$1,300–$1,700
St. Jean • 7800 7800 E Jeffeson
1–2 Beds
$1,161–$1,420
University • 7700 East St
1–2 Beds
$1,250–$1,280
Central • 53 Marston St
Studio–2 Beds
$910–$1,515
Downtown Detroit • 150 Bagley St
1 Bed
$1,299–$2,750
Southfield Downtown • 16500 North Park Drive
Studio–2 Beds
$1,099–$1,989
Downtown Detroit • 1538 Centre Street
1–2 Beds
$1,200–$2,000
13010 Avondale Street
1–2 Beds
$1,300–$1,700
St. Jean • 7800 7800 E Jeffeson
1–2 Beds
$1,161–$1,420
University • 7700 East St
1–2 Beds
$1,250–$1,280
Central • 53 Marston St
Studio–2 Beds
$910–$1,515
