Cheap Apartments for Rent in the Downtown Ferndale Neighborhood of Ferndale, MI from $700 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Fern 28, LLC
$1,195 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $1,540
Required Monthly Fees
$10

Total Monthly Price
$1,195 - $1,550
1 to 2 Bedroom Apartments Available Now

Fern 28, LLC

494 E Breckenridge StFerndale, MI 48220
Senior Living
  • Verified
  • Smoke Free

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.

close
View Me
Margo Manor Apartments
1 to 2 Bedroom Apartments

Margo Manor Apartments

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

1619 W 9 Mile

1619 W 9 Mile RdFerndale, MI 48220
  • Utilities Included
close
View Me
Palmer Lane Apartments
$825 - $950
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $950

Total Monthly Price
$825 - $950
1 to 2 Bedroom Apartments Available Now

Palmer Lane Apartments

1291 W State FairDetroit, MI 48203
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free

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.

close
View Me
The Nine
$1,095 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,295

Total Monthly Price
$1,095 - $1,295
Studio to 1 Bedroom Apartments Available Apr 13

The Nine

8775 W 9 Mile RdOak Park, MI 48237
  • Verified
  • 3D Tour
close
View Me
Sandstone Apartments
1 to 2 Bedroom Apartments

Sandstone Apartments

12800 W Nine Mile RdOak Park, MI 48237
  • Utilities Included
close
View Me
Carriage House
1 Bedroom Apartments

Carriage House

620 E Lincoln AveRoyal Oak, MI 48067
  • Utilities Included

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.

close
View Me
Hudson Park Apartments
1 to 2 Bedroom Apartments

Hudson Park Apartments

617 E Hudson AveRoyal Oak, MI 48067
Student Housing

Downtown Ferndale, Ferndale, MI Local Guide

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 118 Ardmore Drive priced from $795. Palmer Lane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Downtown Ferndale apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
118 Ardmore DriveOne Bed1BR,1BA$795
Palmer Lane Apartments1 Bedroom1BR,1BA$825
Sherwood HeightsThe Alan1BR,1BA$1,035
Marion Manor ApartmentsMarion Manor Apts - 1 Bedroom - Corner Unit1BR,1BA$1,150
333 Marshall Apartments333 Marshall - 1 Bedroom1BR,1BA$1,195
Fern 28, LLCOne Bedroom - Oakridge1BR,1BA$1,195
The AldorThe Aldor - StudioStudio,1BA$1,275
Center Street PlaceCenter Street Place - StudioStudio,1BA$1,295
Rosewood ApartmentsB22BR,1BA$1,299

Best Value Apartments for Rent in Downtown Ferndale, MI

As of February 24, 2026 the best value apartment in the Downtown Ferndale area is the $1.74 price per square foot Drayton Model at Huntington Parc in the in the Woodward Heights 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Huntington ParcDrayton2BR,2BA$1.74
Oakfern ManorTwo Bed2BR,1BA$1.53
Sherwood HeightsThe Alan1BR,1BA$1.28
Palmer Lane Apartments2 Bedroom2BR,1BA$1.19
Rosewood ApartmentsB22BR,1BA$1.68
Fern 28, LLCOne Bedroom - Oakridge1BR,1BA$1.67
Oakridge ApartmentsOne Bedroom One Bath (Renovated)1BR,1BA$1.81
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1.86
Marion Manor ApartmentsMarion Manor Apts - 1 Bedroom - Corner Unit1BR,1BA$1.77
118 Ardmore DriveOne Bed1BR,1BA$1.33

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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!

Frequently Asked Questions about Cheap Downtown Ferndale Apartments

What is a cheap apartment in Downtown Ferndale?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Ferndale is under $1,299.

What is the price of a cheap apartment in Downtown Ferndale?

The cheapest apartment in Downtown Ferndale is 118 Ardmore Drive which is listed at $795, while the average apartment in Downtown Ferndale costs $6,179.

What types of apartments are the cheapest in Downtown Ferndale?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Downtown Ferndale that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Ferndale?

Cheap apartments in Downtown Ferndale have an average cost of $235 which is $5,944 cheaper than the average rent for all rentals in Downtown Ferndale.

Expert Rental Resources

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.

Helpful Local Expert Guides

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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown

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 and have witnessed the city and its surrounding metro area undergo a renaissance.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.