Cheap Apartments for Rent in Ferndale, MI from $500 (81 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ferndale.

Check Out Detroit’s Best Affordable Neighborhoods

Learn about Detroit and the best places to live with original content written by our Detroit, MI Local Expert Tim Brown

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Margo Manor Apartments
2 Bedroom Apartments

Margo Manor Apartments

1250-1270 W 9 Mile RdFerndale, MI 48220
  • Utilities Included
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1619 W 9 Mile
1 Bedroom Apartments

1619 W 9 Mile

1619 W 9 Mile RdFerndale, MI 48220
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property at 143 Dakota W

143 Dakota W

DetroitMI48203
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1000 Whitmore
Studio to 2 Bedroom Apartments

1000 Whitmore

1000 Whitmore RdDetroit, MI 48203
Showing Results 1-50, Page 1 of 2

Ferndale, MI Local Guide

Cheapest Available Ferndale Apartments for Rent

 

The cheapest available apartment rental in Ferndale, MI is a 1 Bed unit found at Florentine East in the Fitzgerald neighborhood priced from $750. RCI Covington Apartments in the Pembroke neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here is today’s list of the most affordable Ferndale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Florentine EastOne Bedroom1BR,1BA$750
RCI Covington ApartmentsStudioStudio,1BA$945
Warren ManorYour New Place Is Waiting1BR,1BA$975
The Baxter Apartments1BR/1BA1BR,1BA$995
Birchcrest ApartmentsOne Bedroom Den1BR,1BA$995
Palmer Park Square1BR/1BA1BR,1BA$1,016
Sherwood HeightsThe Alan1BR,1BA$1,035
RCI ShelbourneOne Bedroom1BR,1BA$1,095
North Royal Oak ApartmentsOne bedroom-One bathroom1BR,1BA$1,100

Best Value Apartments for Rent in Ferndale, MI

As of April 13, 2025 the best value apartment in the Ferndale area is the $1.07 price per square foot 2 Bedroom Townhome Model at RCI Covington Townhouses in the in the Fitzgerald neighborhood starting from $1,395. The second greatest value Ferndale apartment is the Two Bed, One Bath | Townhome Model at Oak Park Manor Apartments & Townhomes starting at $1,449 with a $1.53 price per square foot in the Ridgewood Estates neighborhood. Here is today’s list of the best values for Ferndale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RCI Covington Townhouses2 Bedroom Townhome2BR,1BA$1.07
Oak Park Manor Apartments & TownhomesTwo Bed, One Bath | Townhome2BR,1BA$1.53
Sherwood HeightsThe Deyville2BR,1BA$1.33
304 E Saratoga St, Unit Flat 1304 E Saratoga St2BR,1BA$1.49
North Royal Oak ApartmentsTwo Bedroom-One bathroom2BR,1BA$1.50
RCI ShelbourneOne Bedroom1BR,1BA$1.29
Palmer Park Square1BR/1BA1BR,1BA$1.23
Campbell Manor1 Bedroom1BR,1BA$1.47
Florentine EastOne Bedroom1BR,1BA$1.07
The Baxter Apartments1BR/1BA1BR,1BA$1.42

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Pet Friendly Lifestyle
Ferndale, MI

Ranked #31

Among cities in Michigan for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Ferndale, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ferndale, MI Rentals by Map

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See the most popular apartments and homes in Ferndale, MI

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Getting Around Ferndale, MI

Walk Score®

77 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Ferndale Apartments

What is the Cheapest Studio apartment in Ferndale?

Currently the most affordable Cheap Studio Apartment in Ferndale is at RCI Covington Apartments listed at $945.

How much is rent for a Cheap One Bedroom Ferndale Apartment?

The lowest price for a Cheap One Bedroom Ferndale Apartment is $750 at Florentine East.

What is the lowest price for a Cheap Two Bedroom Ferndale Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ferndale is starting from $850 at Florentine East.

What is the most affordable Ferndale Three Bedroom Apartment?

The best deal on a cheap Ferndale Three Bedroom Apartment rental is at Palmer Park Square and starts from $1,095.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.