Cheap Homes for Rent in Ferndale, MI from $800 (51 Rentals)

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Search the lowest-cost Homes available for rent right now in Ferndale.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Check Out Detroit’s Best Affordable Neighborhoods

Learn about Detroit and the best places to live with original content written by our Local Expert Tim Brown

property at 26131 Wolverine St

26131 Wolverine St

Madison HeightsMI48071
property at 1725 Gardenia Ave

1725 Gardenia Ave

Royal OakMI48067

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
The Baxter Apartments1BR/1BA1BR,1BA$995
Birchcrest ApartmentsOne Bedroom Den1BR,1BA$995
Palmer Park Square1BR/1BA1BR,1BA$1,016
Sherwood HeightsThe Alan1BR,1BA$1,035
Maple Grove1 bed1BR,1BA$1,039
Stephenson House - Madison Heights, MIOne Bed, One Bath | 021BR,1BA$1,075
RCI ShelbourneOne Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Ferndale, MI

As of April 25, 2025 the best value apartment in the Ferndale area is the $1.07 price per square foot 2 Bedroom Townhome Model at RCI Covington Townhouses in the in the Fitzgerald neighborhood starting from $1,395. The second greatest value Ferndale apartment is the Two Bed, One Bath | Townhome Model at Oak Park Manor Apartments & Townhomes starting at $1,449 with a $1.53 price per square foot in the Ridgewood Estates 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.
RCI Covington Townhouses2 Bedroom Townhome2BR,1BA$1.07
Oak Park Manor Apartments & TownhomesTwo Bed, One Bath | Townhome2BR,1BA$1.53
Sherwood HeightsThe Deyville2BR,1BA$1.33
304 E Saratoga St, Unit Flat 1304 E Saratoga St2BR,1BA$1.49
North Royal Oak ApartmentsTwo Bedroom-One bathroom2BR,1BA$1.50
RCI ShelbourneOne Bedroom1BR,1BA$1.29
Palmer Park Square1BR/1BA1BR,1BA$1.23
Campbell Manor1 Bedroom1BR,1BA$1.47
Florentine EastOne Bedroom1BR,1BA$1.07
The Baxter Apartments1BR/1BA1BR,1BA$1.42

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Frequently Asked Questions about Ferndale

What type of rentals are currently available in Ferndale?

There are currently 304 Apartments for Rent in Ferndale, MI with pricing that ranges from $750 to $8,589. There are also 132 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferndale ranging from $895 to $3,849.

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 $895 to $3,849 with an average monthly rent of $1,994.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.