445 W Breckenridge St
FerndaleMI48220
Cheap Apartments for Rent in the Downtown Ferndale Neighborhood of Ferndale, MI from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Ferndale area of Ferndale.
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$850 - $9001 to 2 Bedroom Apartments Contact Us For Availability
Ferndale Park Co-op Senior Apartments
20800 Wyoming StFerndale, MI 48220
574 Ardmore Dr
FerndaleMI48220
1419 Fox St
FerndaleMI48220
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$1,195 - $1,2991 Bedroom Apartments Available Now
Fern 28, LLC
494 E Breckenridge StFerndale, MI 48220
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$1,3251 Bedroom Apartments Available Mar 1, 2026
484 E Breckenridge St
484 E Breckenridge StFerndale, MI 48220
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
454 E Breckenridge St
FerndaleMI48220
400 E Cambourne St
FerndaleMI48220
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$865 - $9501 to 2 Bedroom Apartments Available Now
Palmer Lane Apartments
1291 W State FairDetroit, MI 48203
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$1,035 - $1,430Studio to 3 Bedroom Apartments Available Now
Sherwood Heights
8805 Kingswood StDetroit, MI 48221
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,100 - $1,250Studio to 1 Bedroom Apartments Available Mar 16, 2026
The Nine
8775 W 9 Mile RdOak Park, MI 48237
20253 Meyers Rd
DetroitMI48235
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$1,300 - $1,6501 to 2 Bedroom Apartments Available Now
Hudson Park Apartments
617 E Hudson AveRoyal Oak, MI 48067
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$1,343 - $2,5642 Bedroom Apartments Available Now
Huntington Parc
10811 W 10 Mile RdOak Park, MI 48237
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-29, Page 1 of 1
Downtown Ferndale, Ferndale, MI Local Guide
The Woodward Dream Cruise by Kaleidico Digital Marketing is licensed under CC BY 2.0
How much does it cost to rent an apartment in Downtown Ferndale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ferndale Studio Apartments | $1,543 | $775 | $1,949 |
| Downtown Ferndale 1 Bedroom Apartments | $2,050 | $850 | $4,995 |
| Downtown Ferndale 2 Bedroom Apartments | $2,712 | $900 | $5,995 |
| Downtown Ferndale 3 Bedroom Apartments | $3,559 | $3,249 | $3,770 |
| Downtown Ferndale 4 Bedroom Apartments | $13,433 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Downtown Ferndale Neighborhood of Ferndale, MI.
See all Apartments in FerndaleExplore Ferndale
Downtown Ferndale, Ferndale, MI Local Guide
- Nearby Ferndale neighborhoods
- Nearby Cities
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Cheapest Available Downtown Ferndale Apartments for Rent
The cheapest available apartment rental in the Downtown Ferndale area of Detroit, MI is a 1 Bed unit found at Palmer Lane Apartments priced from $865. Sherwood Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,035. Here are the most affordable Downtown Ferndale apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palmer Lane Apartments | 1 Bedroom | 1BR,1BA | $865 |
| Sherwood Heights | The Alan | 1BR,1BA | $1,035 |
| Marion Manor Apartments | Marion Manor Apts - 1 Bedroom - G unit #3 | 1BR,1BA | $1,095 |
| Fern 28, LLC | One Bedroom - Oakridge | 1BR,1BA | $1,195 |
| Center Street Place | Center Street Place - Studio | Studio,1BA | $1,295 |
| Oakridge Apartments | One Bedroom One Bath (Renovated) | 1BR,1BA | $1,299 |
| Hudson Park Apartments | 1 Bedroom | 1BR,1BA | $1,300 |
| The Aldor | The Aldor - Studio w/ Juliet Balcony | Studio,1BA | $1,325 |
| 333 Marshall Apartments | 333 Marshall - 1 Bedroom (Newly Renovated) | 1BR,1BA | $1,325 |
| The Marshall Place | 2/1 Condo (870sf) | 2BR,1BA | $1,450 |
Best Value Apartments for Rent in Downtown Ferndale, MI
As of December 25, 2025 the best value apartment in the Downtown Ferndale area is the $1.89 price per square foot C1 Model at The Harrison in the in the Woodland Park neighborhood starting from $3,500. The second greatest value Downtown Ferndale apartment is the 260 Spencer St Model at 260 Spencer St, Unit Unit B starting at $1,495 with a $1.50 price per square foot in the Downtown Ferndale neighborhood. Here is today’s list of the best values for Downtown Ferndale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Harrison | C1 | 3BR,2.5BA | $1.89 |
| 260 Spencer St, Unit Unit B | 260 Spencer St | 2BR,1BA | $1.50 |
| Huntington Parc | Woodward | 2BR,1BA | $1.58 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1.53 |
| Sherwood Heights | The Deyville | 2BR,1BA | $1.33 |
| The Marshall Place | 2/1 Condo (870sf) | 2BR,1BA | $1.67 |
| Fern 28, LLC | One Bedroom - Oakridge | 1BR,1BA | $1.67 |
| Oakridge Apartments | One Bedroom One Bath (Renovated) | 1BR,1BA | $1.81 |
| Palmer Lane Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
| Marion Manor Apartments | Marion Manor Apts - 1 Bedroom - Corner Unit | 1BR,1BA | $1.81 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleDowntown Ferndale, Ferndale, MI
Ranked #1
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for North Detroit. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Ferndale Apartments
What is a cheap apartment in Downtown Ferndale?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Ferndale is under $1,450.
What is the price of a cheap apartment in Downtown Ferndale?
The cheapest apartment in Downtown Ferndale is Palmer Lane Apartments which is listed at $865, while the average apartment in Downtown Ferndale costs $13,433.
What types of apartments are the cheapest in Downtown Ferndale?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Downtown Ferndale that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Ferndale?
Cheap apartments in Downtown Ferndale have an average cost of $238 which is $13,195 cheaper than the average rent for all rentals in Downtown Ferndale.
Expert Rental Resources
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.
Helpful Local Expert Guides
A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent
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I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.
The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
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Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!