Cheap Apartments for Rent in Ferndale, MI from $500 (85 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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22444 Woodward Ave
1 Bedroom Apartments

22444 Woodward Ave

22444 Woodward AveFerndale, MI 48220
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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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1619 W 9 Mile
1 Bedroom Apartments

1619 W 9 Mile

1619 W 9 Mile RdFerndale, MI 48220
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Local Expert Tim Brown

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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. Birchcrest Apartments in the Fitzgerald neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Ferndale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Florentine EastOne Bedroom1BR,1BA$750
Birchcrest ApartmentsOne Bedroom Den1BR,1BA$895
Sherwood HeightsThe Alan1BR,1BA$935
RCI Covington ApartmentsStudioStudio,1BA$945
The Baxter Apartments1BR/1BA1BR,1BA$995
Palmer Park Square1BR/1BA1BR,1BA$1,016
Maple Grove1 bed1BR,1BA$1,039
Campbell Manor1 Bedroom1BR,1BA$1,050
Sunrise at LincolnA1PR1BR,1BA$1,069

Best Value Apartments for Rent in Ferndale, MI

As of June 27, 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 Pembroke neighborhood starting from $1,395. The second greatest value Ferndale apartment is the 608 E Bernhard Ave Model at 608 E Bernhard Ave, Unit Lower starting at $1,099 with a $1.10 price per square foot in the Downtown Ferndale 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
608 E Bernhard Ave, Unit Lower608 E Bernhard Ave2BR,1BA$1.10
Oakfern ManorTwo Bed2BR,1BA$1.53
Sherwood HeightsThe Deyville2BR,1BA$1.17
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$1.40
Florentine EastOne Bedroom1BR,1BA$1.07
The Baxter Apartments1BR/1BA1BR,1BA$1.42

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Ferndale, MI

Ranked #44

Among cities in Michigan for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Ferndale, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ferndale, MI Rentals by Map

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See the most popular apartments and homes in Ferndale, MI

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Getting Around Ferndale, MI

Walk Score®

77 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Ferndale Apartments

What is the Cheapest Studio apartment in Ferndale?

Currently the most affordable Cheap Studio Apartment in Ferndale is at RCI Covington Apartments listed at $945.

How much is rent for a Cheap One Bedroom Ferndale Apartment?

The lowest price for a Cheap One Bedroom Ferndale Apartment is $750 at Florentine East.

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

Today's best deal for a Cheap Two Bedroom Apartment in Ferndale is starting from $850 at Florentine East.

What is the most affordable Ferndale Three Bedroom Apartment?

The best deal on a cheap Ferndale Three Bedroom Apartment rental is at Palmer Park Square and starts from $1,095.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.