Cheap Homes for Rent in Ferndale, MI from $900 (53 Rentals)

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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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property at 31 W Kalama Ave

31 W Kalama Ave

Madison HeightsMI48071
property at 143 E Drayton St

143 E Drayton St

FerndaleMI48220
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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
Birchcrest ApartmentsOne Bedroom Den1BR,1BA$995
Palmer Park Square1BR/1BA1BR,1BA$1,007
Sherwood HeightsThe Alan1BR,1BA$1,035
RCI ShelbourneOne Bedroom1BR,1BA$1,095
Oak Park Manor Apartments & TownhomesOne Bed, One Bath1BR,1BA$1,099
North Royal Oak ApartmentsOne bedroom-One bathroom1BR,1BA$1,100

Best Value Apartments for Rent in Ferndale, MI

As of April 04, 2025 the best value apartment in the Ferndale area is the $1.12 price per square foot 311 Baker St Model at 311 Baker St, Unit Upper in the in the Woodward Heights neighborhood starting from $1,650. The second greatest value Ferndale apartment is the 2 Bedroom Townhome Model at RCI Covington Townhouses starting at $1,395 with a $1.07 price per square foot in the Fitzgerald 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.
311 Baker St, Unit Upper311 Baker St2BR,1BA$1.12
RCI Covington Townhouses2 Bedroom Townhome2BR,1BA$1.07
24290 Coolidge Hwy, Unit 124290 Coolidge Hwy2BR,1BA$1.33
16796 Greenlawn St, Unit Upper16796 Greenlawn St2BR,1BA$1.31
2557 W McNichols Rd2557 W McNichols Rd2BR,1BA$1.07
The Baxter ApartmentsTwo Bedroom2BR,1BA$1.37
Sherwood HeightsThe Deyville2BR,1BA$1.33
RCI ShelbourneOne Bedroom1BR,1BA$1.29
Palmer Park Square1BR/1BA1BR,1BA$1.22
Florentine EastOne Bedroom1BR,1BA$1.07

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Frequently Asked Questions about Ferndale

What type of rentals are currently available in Ferndale?

There are currently 307 Apartments for Rent in Ferndale, MI with pricing that ranges from $750 to $8,589. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferndale ranging from $950 to $4,500.

What is the current price range for Rental Homes in Ferndale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ferndale ranges from $950 to $4,500 with an average monthly rent of $1,802.

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.

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.

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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.