Cheap Apartments for Rent in the Greenwood Park Neighborhood of Ferndale, MI from $700 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Greenwood Park area of Ferndale.

property at 143 E Drayton St

143 E Drayton St

FerndaleMI48220
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Margo Manor Apartments
2 Bedroom Apartments

Margo Manor Apartments

1250-1270 W 9 Mile RdFerndale, MI 48220
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Greenwood Park, Ferndale, MI Local Guide

Cheapest Available Greenwood Park Apartments for Rent

 

The cheapest available apartment rental in the Greenwood Park area of Detroit, MI is a 1 Bed unit found at Sherwood Heights priced from $1,035. Breckenridge, Oakridge, Lewiston has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Greenwood Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Sherwood HeightsThe Alan1BR,1BA$1,035
Breckenridge, Oakridge, LewistonA One Bedroom - BRR1BR,1BA$1,195
484 E Breckenridge St1 Bedroom1BR,1BA$1,245
Lewiston ApartmentsOne Bedroom One Bath (Partial Renovation)1BR,1BA$1,295
Oakfern ManorTwo Bed2BR,1BA$1,350

Best Value Apartments for Rent in Greenwood Park, MI

As of April 04, 2025 the best value apartment in the Greenwood Park area is the $2.67 price per square foot Fisher Model at The Griffin Royal Oak in the in the Downtown Royal Oak neighborhood starting from $3,795. The second greatest value Greenwood Park apartment is the D2 Three Bedroom Model at Flats at Iron Ridge starting at $3,559 with a $2.55 price per square foot in the Downtown Royal Oak neighborhood. Here is today’s list of the best values for Greenwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Griffin Royal OakFisher1BR,1.5BA$2.67
Flats at Iron RidgeD2 Three Bedroom3BR,2BA$2.55
526 Academy St, Unit 526526 Academy St2BR,1BA$1.70
Oakfern ManorTwo Bed2BR,1BA$1.42
The Marshall Place2/1 Condo2BR,1BA$1.58
Sherwood HeightsThe Deyville2BR,1BA$1.33
Breckenridge, Oakridge, LewistonA One Bedroom - BRR1BR,1BA$1.76
Lewiston ApartmentsOne Bedroom One Bath (Partial Renovation)1BR,1BA$1.90
484 E Breckenridge St1 Bedroom1BR,1BA$2.13
The NineA-11BR,1BA$2.55

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Pet Friendly Lifestyle
Greenwood Park, Ferndale, MI

Ranked #9

Among neighborhoods in Ferndale, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Greenwood Park Apartments

What is the Cheapest Studio apartment in Greenwood Park?

Currently the most affordable Cheap Studio Apartment in Greenwood Park is at FerndaleHaus Lofts listed at $1,633.

How much is rent for a Cheap One Bedroom Greenwood Park Apartment?

The lowest price for a Cheap One Bedroom Greenwood Park Apartment is $1,035 at Sherwood Heights.

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

Today's best deal for a Cheap Two Bedroom Apartment in Greenwood Park is starting from $1,195 at Sherwood Heights.

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.

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

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.