Cheap Apartments for Rent in the Greenwood Park Neighborhood of Ferndale, MI from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood Park area of Ferndale.

1305 W Nine Mile Rd

22444 Woodward Ave

Marion Manor Apartments

Breckenridge, Oakridge, Lewiston

484 E Breckenridge St

Lewiston Apartments

333 Marshall Apartments

400 E Cambourne St

143 E Drayton St

FerndaleHaus Lofts

409 On Nine

Heritage Apartments

367 E Breckenridge St

534 W Breckenridge St

1123 E Breckenridge St

Sherwood Heights
Greenwood Park, Ferndale, MI Local Guide

How much does it cost to rent an apartment in Greenwood Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood Park Studio Apartments | $1,511 | $775 | $1,895 |
Greenwood Park 1 Bedroom Apartments | $2,106 | $925 | $4,995 |
Greenwood Park 2 Bedroom Apartments | $3,067 | $1,195 | $6,549 |
Greenwood Park 3 Bedroom Apartments | $3,664 | $3,559 | $3,896 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Greenwood Park Neighborhood of Ferndale, MI.
See all Apartments in FerndaleExplore Ferndale
Greenwood Park, Ferndale, MI Local Guide
- Nearby Ferndale neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sherwood Heights | The Alan | 1BR,1BA | $1,035 |
Breckenridge, Oakridge, Lewiston | A One Bedroom - BRR | 1BR,1BA | $1,195 |
484 E Breckenridge St | 1 Bedroom | 1BR,1BA | $1,245 |
Lewiston Apartments | One Bedroom One Bath (Partial Renovation) | 1BR,1BA | $1,295 |
Oakfern Manor | Two Bed | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Greenwood Park, MI
As of March 25, 2025 the best value apartment in the Greenwood Park area is the $1.70 price per square foot 526 Academy St Model at 526 Academy St, Unit 526 in the in the Woodland Park neighborhood starting from $1,700. The second greatest value Greenwood Park apartment is the Two Bed Model at Oakfern Manor starting at $1,350 with a $1.42 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Greenwood Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
526 Academy St, Unit 526 | 526 Academy St | 2BR,1BA | $1.70 |
Oakfern Manor | Two Bed | 2BR,1BA | $1.42 |
The Marshall Place | 2/1 Condo | 2BR,1BA | $1.47 |
Sherwood Heights | The Deyville | 2BR,1BA | $1.33 |
The Harrison | A1 | 1BR,1BA | $2.68 |
The Griffin Royal Oak | Lincoln | 1BR,1BA | $2.66 |
Rosewood Apartments | A4 | 2BR,1BA | $1.79 |
Breckenridge, Oakridge, Lewiston | A One Bedroom - BRR | 1BR,1BA | $1.76 |
Lewiston Apartments | One Bedroom One Bath (Partial Renovation) | 1BR,1BA | $1.90 |
484 E Breckenridge St | 1 Bedroom | 1BR,1BA | $2.13 |
Quick 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.
Pet Friendly LifestyleGreenwood Park, Ferndale, MI
Ranked #8
Among neighborhoods in Ferndale, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.
What is the most affordable Greenwood Park Three Bedroom Apartment?
The best deal on a cheap Greenwood Park Three Bedroom Apartment rental is at Flats at Iron Ridge and starts from $3,559.
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.

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.

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.

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.

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.