445 W Breckenridge St
FerndaleMI48220
Cheap Apartments for Rent in the Downtown Ferndale Neighborhood of Ferndale, MI from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Ferndale area of Ferndale.
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$850 - $9001 to 2 Bedroom Apartments Contact Us For Availability
Ferndale Park Co-op Senior Apartments
20800 Wyoming StFerndale, MI 48220
574 Ardmore Dr
FerndaleMI48220
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$1,225 - $1,3251 Bedroom Apartments Available Now
484 E Breckenridge St
484 E Breckenridge StFerndale, MI 48220
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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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400 E Cambourne St
FerndaleMI48220
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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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Rent Specials
$915 - $1,430Studio to 3 Bedroom Apartments Available Now
Sherwood Heights
8805 Kingswood StDetroit, MI 48221
20253 Meyers Rd
DetroitMI48235
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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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$1,295 - $1,425Studio to 1 Bedroom Apartments Contact Us For Availability
Center Street Place
612-620 S Center StRoyal Oak, MI 48067
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Rent Specials
$1,300 - $1,6501 to 2 Bedroom Apartments Available Now
Hudson Park Apartments
617 E Hudson AveRoyal Oak, MI 48067
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$1,3001 Bedroom Apartment Available Dec 1
18 Woodward Heights Blvd
18 Woodward Heights BlvdPleasant Ridge, MI 48069
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Rent Specials
$1,335 - $2,4262 Bedroom Apartments Available Now
Huntington Parc
10811 W 10 Mile RdOak Park, MI 48237
120 S West St
Royal OakMI48067
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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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Showing Results 1-25, Page 1 of 1
Downtown Ferndale, Ferndale, MI Local Guide
The Woodward Dream Cruise by Kaleidico Digital Marketing is licensed under CC BY 2.0
How much does it cost to rent an apartment in Downtown Ferndale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ferndale Studio Apartments | $1,594 | $775 | $1,949 |
| Downtown Ferndale 1 Bedroom Apartments | $2,028 | $850 | $4,995 |
| Downtown Ferndale 2 Bedroom Apartments | $2,787 | $900 | $8,898 |
| Downtown Ferndale 3 Bedroom Apartments | $3,694 | $3,600 | $3,798 |
| Downtown Ferndale 4 Bedroom Apartments | $14,099 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Downtown Ferndale Neighborhood of Ferndale, MI.
See all Apartments in FerndaleExplore Ferndale
Downtown Ferndale, Ferndale, MI Local Guide
- Nearby Ferndale neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Downtown Ferndale Apartments for Rent
The cheapest available apartment rental in the Downtown Ferndale area of Detroit, MI is a 1 Bed unit found at Sherwood Heights priced from $915. Marion Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Downtown Ferndale apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sherwood Heights | The Alan | 1BR,1BA | $915 |
| Marion Manor Apartments | Marion Manor Apts - 1 Bedroom - Corner Unit | 1BR,1BA | $1,175 |
| 484 E Breckenridge St | 1 Bedroom | 1BR,1BA | $1,225 |
| The Aldor | The Aldor - Studio (11) | Studio,1BA | $1,295 |
| Oakridge Apartments | One Bedroom One Bath (Renovated) | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Downtown Ferndale, MI
As of November 15, 2025 the best value apartment in the Downtown Ferndale area is the $1.65 price per square foot 260 Spencer St Model at 260 Spencer St, Unit B in the in the Downtown Ferndale neighborhood starting from $1,650. The second greatest value Downtown Ferndale apartment is the Two Bed Model at Oakfern Manor starting at $1,450 with a $1.53 price per square foot in the Woodland Park neighborhood. Here is today’s list of the best values for Downtown Ferndale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 260 Spencer St, Unit B | 260 Spencer St | 2BR,1BA | $1.65 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1.53 |
| Huntington Parc | Pinecrest | 2BR,1BA | $1.58 |
| Flats at Iron Ridge | B2 One Bedroom | 1BR,1BA | $2.31 |
| Sherwood Heights | The Deyville | 2BR,1BA | $1.22 |
| Oakridge Apartments | One Bedroom One Bath (Renovated) | 1BR,1BA | $1.81 |
| 333 Marshall Apartments | 333 Marshall - 1 Bedroom (Newly Renovated) | 1BR,1BA | $1.89 |
| Marion Manor Apartments | Marion Manor Apts - 1 Bedroom - Corner Unit | 1BR,1BA | $1.81 |
| Hudson Park Apartments | 1 Bedroom | 1BR,1BA | $2.08 |
| 484 E Breckenridge St | 1 Bedroom | 1BR,1BA | $2.09 |
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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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 LifestyleDowntown Ferndale, Ferndale, MI
Ranked #1
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for North Detroit. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Downtown Ferndale Neighborhood in Ferndale, MI
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
74 / 100
Very Bikeable
Biking is convenient for most trips
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 Downtown Ferndale Apartments
What is the Cheapest Studio apartment in Downtown Ferndale?
Currently the most affordable Cheap Studio Apartment in Downtown Ferndale is at The Aldor listed at $1,295.
How much is rent for a Cheap One Bedroom Downtown Ferndale Apartment?
The lowest price for a Cheap One Bedroom Downtown Ferndale Apartment is $915 at Sherwood Heights.
What is the lowest price for a Cheap Two Bedroom Downtown Ferndale Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Ferndale is starting from $1,095 at Sherwood Heights.
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.