Cheap Homes for Rent in Greenwood Park Neighborhood of Ferndale, MI from $1,000 (2 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Greenwood Park, Ferndale, MI Local Guide

Best Value Apartments for Rent in Greenwood Park, MI

As of March 28, 2025 the best value apartment in the Greenwood Park area is the $2.44 price per square foot The Lincoln Model at Eight55 Apartments in the in the Downtown Royal Oak neighborhood starting from $2,805. The second greatest value Greenwood Park apartment is the 526 Academy St Model at 526 Academy St, Unit 526 starting at $1,700 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eight55 ApartmentsThe Lincoln2BR,2BA$2.44
526 Academy St, Unit 526526 Academy St2BR,1BA$1.70
Oakfern ManorTwo Bed2BR,1BA$1.42
The Marshall Place2/1 Condo2BR,1BA$1.47
Sherwood HeightsThe Deyville2BR,1BA$1.33
The Griffin Royal OakLincoln1BR,1BA$2.65
Rosewood ApartmentsA42BR,1BA$1.79
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

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Greenwood Park

What type of rentals are currently available in Greenwood Park?

There are currently 72 Apartments for Rent in Greenwood Park, MI with pricing that ranges from $775 to $6,549. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood Park ranging from $1,050 to $3,200.

What is the current price range for Rental Homes in Greenwood Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood Park ranges from $1,050 to $3,200 with an average monthly rent of $1,972.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.