20445 Kentucky St
DetroitMI48221
Cheap Homes for Rent in Downtown Ferndale Neighborhood of Ferndale, MI from $800 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ferndale area of Ferndale.
20445 Kentucky St
DetroitMI48221
20445 Kentucky St
DetroitMI48221
155 W George Ave
Hazel ParkMI48030
157 E Bennett Ave
FerndaleMI48220
621 E Meyers Ave
Hazel ParkMI48030
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
19961 Pinehurst St
DetroitMI48221
19209 Irvington St
Highland ParkMI48203
20144 Stoepel St, Unit 07303
20144 Stoepel St
DetroitMI48221
20185 Indiana St
DetroitMI48221
23115 Powell Ave
Hazel ParkMI48030
23115 Tawas Ave
Hazel ParkMI48030
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.
20045 Greenlawn St
DetroitMI48221
Fully Renovated 3-Bedroom Home – Move-In Ready for You!
20452 Manor
DetroitMI48221
84 W Shevlin Ave
Hazel ParkMI48030
19506 Manor St
DetroitMI48221
10020 Corning St
Oak ParkMI48237
22120 Condon St
Oak ParkMI48237
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.
842 E 10 Mile Rd
FerndaleMI48220
8741 W Nine Mile Rd
Oak ParkMI48237
20515 Ilene St
DetroitMI48221
19915 Monte Vista St
DetroitMI48221
This beautifully updated 4-bedroom, 1-bath single-family home is ready for move-in!
20000 Prairie St
DetroitMI48221
164 W Muir Ave
Hazel ParkMI48030
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.
727 E Madge Ave
Hazel ParkMI48030
510 E Hudson Ave
Royal OakMI48067
Showing Results 1-26, Page 1 of 1
Downtown Ferndale, Ferndale, MI Local Guide
How much does it cost to rent a home in Downtown Ferndale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ferndale 2 Bedroom Homes for Rent | $1,696 | $1,000 | $2,700 |
| Downtown Ferndale 3 Bedroom Homes for Rent | $1,713 | $1,150 | $3,000 |
| Downtown Ferndale 4 Bedroom Homes for Rent | $2,510 | $1,475 | $4,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Downtown Ferndale Neighborhood of Ferndale, MI.
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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 Lofts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Ferndale apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 118 Ardmore Drive | One Bed | 1BR,1BA | $795 |
| Palmer Lofts Apartments | 1 BR/1 Bath | 1BR,1BA | $850 |
| Sherwood Heights | The Deyville | 2BR,1BA | $1,000 |
| The Aldor | The Aldor - Studio | Studio,1BA | $1,275 |
| Center Street Place | Center Street Place - Studio | Studio,1BA | $1,295 |
| 333 Marshall Apartments | 333 Marshall - 1 Bedroom (Newly Renovated) | 1BR,1BA | $1,300 |
| 484 E Breckenridge St | 1 Bedroom | 1BR,1BA | $1,325 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1,350 |
| Vester Apartments | B2 | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Downtown Ferndale, MI
As of April 17, 2026 the best value apartment in the Downtown Ferndale area is the $2.50 price per square foot The Holiday Model at Eight55 Apartments in the in the Downtown Royal Oak neighborhood starting from $2,508. The second greatest value Downtown Ferndale apartment is the 739 S Alexander Ave Model at 739 S Alexander Ave, Unit LowerLevel starting at $1,400 with a $1.40 price per square foot in the Downtown Ferndale 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. |
|---|---|---|---|
| Eight55 Apartments | The Holiday | 1BR,1BA | $2.50 |
| 739 S Alexander Ave, Unit LowerLevel | 739 S Alexander Ave | 1BR,1BA | $1.40 |
| Huntington Parc | Roanoke | 2BR,1BA | $2.10 |
| 409 On Nine | 2 Bedroom D | 2BR,2BA | $2.48 |
| Vester Apartments | B2 | 2BR,1BA | $1.57 |
| Sherwood Heights | The Alan | 1BR,1BA | $1.28 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1.75 |
| 333 Marshall Apartments | 333 Marshall - 1 Bedroom (Newly Renovated) | 1BR,1BA | $1.86 |
| Palmer Lofts Apartments | 1 BR/1 Bath | 1BR,1BA | $1.31 |
| 118 Ardmore Drive | One Bed | 1BR,1BA | $1.33 |
Frequently Asked Questions about Downtown Ferndale
What type of rentals are currently available in Downtown Ferndale?
There are currently 139 Apartments for Rent in Downtown Ferndale, MI with pricing that ranges from $700 to $9,826. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ferndale ranging from $850 to $4,400.
What is the current price range for Rental Homes in Downtown Ferndale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Ferndale ranges from $850 to $4,400 with an average monthly rent of $1,899.
How much are larger Three and Four Bedroom Rentals in Downtown Ferndale?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Ferndale range from $1,675 to $3,865, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $4,500.
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
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.
The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
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Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.
The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown
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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.
Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
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The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.
Articles, How-To's, and Tips
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.
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.