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Your New Home is Waiting-And This Offer Won't! Move in by 8/31 and get $500 OFF your Move-In Costs. But hurry- LIMITED QUANTITY AVAILABLE!

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Updated 2 Hours Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

1247 Woodward Ave, Detroit, MI 48226, USA|Downtown Detroit
Hi! Let’s figure out if this property is right for you.

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Tour The Lofts of Merchants Row

Contact

Management

Village Green Companies

Our team has verified this company

Leasing office

(313) 474-9036

Open 

Tuesday 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
  • Elementary school nearby
  • Middle school nearby

Floor plans

S01Studio1 bath572 sqft$1,450–$1,470 /mo2 units available
S02 - RenovatedStudio1 bath631 sqft$1,490–$1,615 /mo2 units available
S04Studio1 bath819 sqft$1,605–$1,655 /mo2 units available
A011 bed1 bath660 sqft$1,480–$1,510 /mo2 units available
A091 bed1 bath836 sqft$1,505–$1,510 /mo2 units available
A13 *Woodward View*1 bed1 bath863 sqft$1,630–$1,720 /mo2 units available
A02 - Renovated1 bed1 bath784 sqft$1,715 /mo2 units available
A04 - Renovated1 bed1 bath804 sqft$1,800–$1,950 /mo2 units available
A22 - Renovated1 bed1 bath952 sqft$2,075–$2,095 /mo2 units available

Let's explore this property.

Amenities for The Lofts of Merchants Row

Apartment Amenities

24 Hour Emergency Maintenance ServicesAir Conditioning
CarpetCentral Air Conditioning & Heating
Dark Hardwood FlooringDesignated Dining Room
Elevator AccessEntry Foyer with Coat Closet
Exposed Brick Accent WallFoot-Friendly Carpeting in Bedrooms
Hardwood FloorHigh Ceilings
Oversized Bathroom MirrorsOversized Windows with Ample Natural Light
Spiral StaircaseWalk-in Closet
Walk-In Shower

Appliances

Above Range MicrowaveDishwasher
Glass Top StoveIn-Unit Laundry
Stainless Steel Samsung AppliancesWasher and Dryer

Tech

High-Speed Internet Access & Cable ReadyProgrammable Digital Thermostat

Building

24 Hour Fitness StudioCats OK
Community Laundry FacilitiesControlled Access
Dogs OKElevator
Fitness CenterOnsite Laundry
Resident LoungeResidents Lounge
Smoke-Free Buildings

Grounds

Assigned Garage ParkingControlled Access Community
Garage ParkingStorage

Services

Dry Cleaning ServiceDry Cleaning Service Available
On-Site ManagementPackage Service
Planned Social Activities for ResidentsStars & Stripes Military Rewards Program

Neighborhood

Easy Access to Public Transportation

Other

Online Resident PortalProfessional Onsite Management Team
Various Lease Term Options
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

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Cat Deposit

One-time. 2 cats max. Refund Policy: $250.00.

$250

Cat Fee

One-time. Refund Policy: Non-refundable.

$150

Cat Rent

Monthly. Refund Policy: Non-refundable.

$35

Dog

Dog Deposit

One-time. 2 dogs max. Refund Policy: $250.00.

$250

Dog Fee

One-time. Refund Policy: Non-refundable.

$150

Dog Rent

Monthly. Refund Policy: Non-refundable.

$35

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 2-bedroom is 212 sqft larger than other listings nearby
More space
The 1-bedroom is 79 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 1 mile away
Middle school nearby
There is a middle school 0.3 mile away
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
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 45% more than the average rent price for studios in Downtown Detroit.

1-bedroom apartments here are priced 13% higher than 1-bedrooms in Downtown Detroit.

Median rents as of Aug 29 2026.
Downtown Detroit
Detroit
A table of studio rental data trends in Detroit
MonthMedian Rent
September 2024$964
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
April 2026$976
May 2026$947
June 2026$939
July 2026$927
August 2026$916
A table of studio rental data trends in Downtown Detroit
MonthMedian Rent
September 2024$1,442
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
April 2026$1,035
May 2026$1,035
June 2026$1,035
July 2026$1,035
August 2026$1,058

Affordability calculator

Can I afford to live at 1247 Woodward Ave?

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 median 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-

Edmonson Montessori

1300 w canfield st

detroit, MI, 48201

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
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Internet available near The Lofts of Merchants Row

Getting around Detroit near 1247 Woodward Ave

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 Ave, Detroit

Groceries

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

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

8/10
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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