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Updated 16 hours ago

Lofts of Merchants Row


1247 Woodward Avenue Detroit, MI

Studio - 3 Bed
1 - 3 Bath

572 - 1,941 Sq. Ft.

Available Now
Studio • 1 Bath
$1,125
572 ft2
1 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 603
$1,125
Available Now
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Studio • 1 Bath
$1,360 - $1,380
719 ft2
4 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 305
$1,360
Available Now
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Unit 705
$1,380
Available Now
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Unit 805
$1,380
Available Now
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Unit 905
$1,380
Available Now
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View Rented Units
Studio • 1 Bath
$1,400
631 ft2
5 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 415
$1,400
Available Now
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Unit 615
$1,400
Available Now
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Unit 717
$1,400
Available Now
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Unit 515
$1,400
Available Now
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Unit 315
$1,400
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,305
660 ft2
1 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 501
$1,305
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,420 - $1,630
798 ft2
34 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 308
$1,420
Available Now
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Unit 508
$1,420
Available Now
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Unit 505
$1,425
Available Now
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Unit 405
$1,425
Available Now
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Unit 207
$1,485
Available Now
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Unit 602
$1,500
Available Now
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Unit 802
$1,500
Available Now
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Unit 408
$1,510
Available Now
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Unit 504
$1,515
Available Now
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Unit 204
$1,515
Available Now
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Unit 307
$1,520
Available Now
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Unit 206
$1,540
Available Now
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Unit 506
$1,540
Available Now
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Unit 606
$1,540
Available Now
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Unit 302
$1,550
Available Now
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Unit 402
$1,550
Available Now
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Unit 502
$1,550
Available Now
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Unit 206
$1,550
Available Now
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Unit 706
$1,550
Available Now
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Unit 406
$1,550
Available Now
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Unit 806
$1,550
Available Now
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Unit 315
$1,555
Available Now
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Unit 212
$1,580
Available Now
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Unit 301
$1,595
Available Now
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Unit 1001
$1,595
Available Now
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Unit 601
$1,595
Available Now
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Unit 701
$1,595
Available Now
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Unit 201
$1,595
Available Now
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Unit 1010
$1,630
Available Now
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Unit 510
$1,630
Available Now
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Unit 910
$1,630
Available Now
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Unit 610
$1,630
Available Now
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Unit 710
$1,630
Available Now
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Unit 810
$1,630
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,500
784 ft2
5 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 613
$1,500
Available Now
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Unit 713
$1,500
Available Now
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Unit 811
$1,500
Available Now
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Unit 313
$1,500
Available Now
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Unit 511
$1,500
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,575
804 ft2
1 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 312
$1,575
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,630
974 ft2
1 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 409
$1,630
Available Now
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View Rented Units
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2 Beds • 2 Bath
$1,885
1041 ft2
2 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 814
$1,885
Available Now
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Unit 614
$1,885
Available Now
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2 Beds • 2 Bath
$2,120
1408 ft2
1 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 209
$2,120
Available Now
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2 Beds • 2 Bath
$2,145
1362 ft2
5 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 203
$2,145
Available Now
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Unit 503
$2,145
Available Now
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Unit 803
$2,145
Available Now
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Unit 703
$2,145
Available Now
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Unit 903
$2,145
Available Now
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View Rented Units
2 Beds • 2 Bath
$2,260
1312 ft2
1 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 312
$2,260
Available Now
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2 Beds • 2 Bath
$2,430
1507 ft2
1 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 817
$2,430
Available Now
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3 Beds • 3 Bath
$2,935
1941 ft2
1 Available
Managed By: The Lofts of Merchants Row
Updated about 16 hours ago

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Unit 1003
$2,935
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
97
Walker's Paradise
Transit Score®
73
Excellent Transit
Bike Score®
79
Very Bikeable
Amenities
In-unit Laundry
On-site Laundry
Washer / Dryer Connections
Fitness Center
Refrigerator
Garbage Disposal
Walk In Closets
Public Transportation
Hardwood Floors
Spiral Staircases
Online Community Portal
Online Payments
Lobby
Clubhouse
Package Receiving
Near Grocery Store
Dry Cleaning Service
Exposed Brick Walls
Linen Closets
Cable-ready
Virtual Walkthrough
Stained Cement Floors
Valet Garage
Freezer
Dishwasher
Income Restricted
Carpet
Living Room
Dining Room
Range / Oven
Microwave
Stainless Steel Appliances
24-hour Maintenance
Ice Maker
Central A / C
High-speed Internet
Granite Countertop
High / Vaulted Ceiling
Loft Layout
Secured Entry
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Size Restrictions:

25 lbs maximum

Number Limit:

2 pets maximum

Pet Deposit:

$500 per pet

Pet Rent:

$25 per pet

Restrictions:

Breed Restrictions

Pet Fee:

500.00

Parking
Garage - Attached
Off-street Parking
More Info:

$250

Lease & Fees
Application Fee: $90 per applicant
Security Deposit: $200 - 800
Lease Length: 3-12 month lease terms
Property details
Description

The Lofts of Merchants Row is located on Woodward Avenue-in the heart of the Campus Martius Development in Downtown Detroit. We offer 157 loft apartment homes that have been created from some of Detroit's most historic retail buildings built during the early 20th Century. This development is one of the few rental resident loft developments that have luxury finishes - including granite counter tops, Euro-style stainless steel appliances, Kohler plumbing fixtures...to name just a few. These are standard in our loft homes. The Kraemer Design Group, the project's architect, offers one-of-a-kind floorplans with each unit having unique configurations and dramatic open floorplans. Studio, one, two, and three bedroom models are available and range in size from approximately 600 to 2100 sq. ft. A select number of the two and three bedroom lofts offer spiral staircases and rooftop walkouts.

Additional Details
Year Built: 1920
Year Remodeled: 2004
Total Unit Count: 199
Last Updated: Updated 16 hours ago
Contact Number: (313) 962-2940
Office Hours
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: By Appointment
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Metronet Holdings, LLC 1000.0 1000.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Lofts of Merchants Row by bedroom type below.
Studio
Suggested income:
$49,000
per year
1 Bedroom
Suggested income:
$56,200
per year
2 Bedroom
Suggested income:
$77,800
per year
3 Bedroom
Suggested income:
$105,700
per year
Rent report

Lofts of Merchants Row Rent vs. Detroit Average

 Lofts of Merchants Row      Detroit Average
Studio
$1,363
$1,291
$0
$450
$900
$1,350
$1,800
1BR
$1,561
$1,352
$0
$550
$1,100
$1,650
$2,200
2BR
$2,160
$1,426
$0
$750
$1,500
$2,250
$3,000
3BR
$2,935
$1,216
$0
$1,000
$2,000
$3,000
$4,000

Lofts of Merchants Row is asking 6% more than the average studio apartment in Detroit.

If you upsized to an average priced Detroit 1 bedroom apartment, you would pay 4% more per month.

Lofts of Merchants Row provides 19% more square footage than the average Detroit studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lofts of Merchants Row
Studio $1,363 $2.10 $4,088
1BR $1,561 $1.90 $4,682
2BR $2,160 $1.60 $6,481
3BR $2,935 $1.50 $8,805
Detroit Average
Studio $1,291 $2.30 $3,873
1BR $1,352 $1.80 $4,055
2BR $1,426 $1.40 $4,277
3BR $1,216 $1.10 $3,649
4BR $1,560 $1.00 $4,681

Availability in Detroit

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 568 1BR units on the market in Detroit. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
11% 37% 27% 21% 3%
Available Units in Detroit
Studio 173
1BR 568
2BR 417
3BR 320
4BR 40
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Vibra Hospital Of Southeastern Michigan Dmc Campus 1.17 mi.
Rehabilitation Institute Of Michigan 1.18 mi.
Karmanos Cancer Center 1.26 mi.
Nearby Fire Stations
Name Distance
City Of Detroit Fire Department 0.36 mi.
Forest Park Fire Department 1.73 mi.
Zilwaukee Fire Department 3.17 mi.
FAQs
Is this property currently leasing units?
Yes. There are 72 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 72 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 572 to 1,941 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1, 2 and 3 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,125 to $2,935. Lofts of Merchants Row has studio units available starting at $1,125, 1 bedroom units available starting at $1,305, 2 bedroom units available starting at $1,885, and 3 bedroom units available starting at $2,935.
Where is this property located?
This property is at 1247 Woodward Avenue in Detroit, MI. It's 0.5 miles west from the center of Detroit.
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