Cheap Apartments for Rent in Ferndale, MI from $500 (91 Rentals)

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

property at 574 Ardmore Dr

574 Ardmore Dr

FerndaleMI48220
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22444 Woodward Ave
1 Bedroom Apartments

22444 Woodward Ave

22444 Woodward AveFerndale, MI 48220
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Margo Manor Apartments
1 to 2 Bedroom Apartments

Margo Manor Apartments

1250-1270 W 9 Mile RdFerndale, MI 48220
  • Utilities Included
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1619 W 9 Mile
1 Bedroom Apartments

1619 W 9 Mile

1619 W 9 Mile RdFerndale, MI 48220
  • Utilities Included

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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property at 330 Oakland Ave

330 Oakland Ave

Royal OakMI48067

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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Ferndale, MI Local Guide

Cheapest Available Ferndale Apartments for Rent

 

The cheapest available apartment rental in Ferndale, MI is a Studio unit found at Sherwood Heights in the Pembroke neighborhood priced from $775. Florentine West in the Fitzgerald neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Ferndale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sherwood HeightsThe NottinghamStudio,1BA$775
Florentine WestOne Bedroom1BR,1BA$800
Birchcrest ApartmentsOne Bedroom Den1BR,1BA$850
RCI Covington ApartmentsStudioStudio,1BA$885
Warren Manor1 Bedroom - Standard1BR,1BA$990
The Baxter Apartments1BR/1BA1BR,1BA$995
Palmer Park Square1BR/1BA1BR,1BA$1,016
Maple Grove1 bed1BR,1BA$1,039
North Royal Oak ApartmentsOne bedroom-One bathroom1BR,1BA$1,075
Sunrise at LincolnA1PR1BR,1BA$1,075

Best Value Apartments for Rent in Ferndale, MI

As of October 27, 2025 the best value apartment in the Ferndale area is the $1.05 price per square foot 615 W 9 Mile Rd Model at 615 W 9 Mile Rd, Unit Ferndale Penthouse in the in the Pembroke neighborhood starting from $3,150. 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 Pembroke 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.
615 W 9 Mile Rd, Unit Ferndale Penthouse615 W 9 Mile Rd2BR,1.5BA$1.05
RCI Covington Townhouses2 Bedroom Townhome2BR,1BA$1.07
RCI ShelbourneTwo Bedroom2BR,1BA$1.09
Oakfern ManorTwo Bed2BR,1BA$1.53
Sherwood HeightsThe Deyville2BR,1BA$1.22
North Royal Oak ApartmentsTwo Bedroom-One bathroom2BR,1BA$1.50
Palmer Park Square1BR/1BA1BR,1BA$1.23
Campbell Manor1 Bedroom1BR,1BA$1.41
The Baxter Apartments1BR/1BA1BR,1BA$1.42
Florentine WestOne Bedroom1BR,1BA$1.23

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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.

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Pet Friendly Lifestyle
Ferndale, MI

Ranked #32

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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Ferndale, MI Apartments Map
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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 $885.

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

The lowest price for a Cheap One Bedroom Ferndale Apartment is $800 at Florentine West.

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 $900 at Florentine West.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.