23360 Carlisle Ave
Hazel ParkMI48030
Cheap Homes for Rent in the Downtown Ferndale Neighborhood of Ferndale, MI from $800 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ferndale area of Ferndale.
20460 Griggs St
DetroitMI48221
10050 W Nine Mile Rd
Oak ParkMI48237
24425 Republic
Oak ParkMI48237
404 W George Ave
Hazel ParkMI48030
23462 Carlisle Ave
Hazel ParkMI48030
19703 Keating St
DetroitMI48203
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
92 W Kalama Ave
Madison HeightsMI48071
20458 Indiana St
DetroitMI48221
405 E 6th St
Royal OakMI48067
159 E Bennett St
FerndaleMI48220
1325 Mohawk Ave
Royal OakMI48067
383 W Chesterfield St
FerndaleMI48220
353 W Brockton Ave
Madison HeightsMI48071
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1820 E Troy St
FerndaleMI48220
20110 Northlawn St
DetroitMI48221
20045 Greenlawn St
DetroitMI48221
628 E Jarvis Ave
Hazel ParkMI48030
8741 W Nine Mile Rd
Oak ParkMI48237
10400 Saratoga St
Oak ParkMI48237
19915 Monte Vista St
DetroitMI48221
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
26604 Groveland St
Madison HeightsMI48071
221 Flowerdale St
FerndaleMI48220
1938 Wrenson Street
FerndaleMI48220
1790 Ardmore Dr
FerndaleMI48220
3204 McDowell St
FerndaleMI48220
727 E Madge Ave
Hazel ParkMI48030
3350 McDowell St
FerndaleMI48220
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.
Showing Results 1-28, 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 | $1,593 | $950 | $3,000 |
| Downtown Ferndale 3 Bedroom Homes for Rent | $2,097 | $1,250 | $3,195 |
| Downtown Ferndale 4 Bedroom Homes for Rent | $3,168 | $1,700 | $6,000 |
| Downtown Ferndale 5 Bedroom Homes for Rent | $3,250 | $2,900 | $3,600 |
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 28 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 Palmer Lofts Apartments priced from $850. 20460 Griggs St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Downtown Ferndale apartments for rent in Detroit, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palmer Lofts Apartments | 1 BR/1 Bath | 1BR,1BA | $850 |
| 20460 Griggs St | House | 2BR,1BA | $950 |
| Sherwood Heights | The Alan | 1BR,1BA | $1,035 |
| 484 E Breckenridge St | 1 Bedroom | 1BR,1BA | $1,295 |
| The Nine | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,295 |
| 425 Vester St | 2 Bedroom | 2BR,1BA | $1,299 |
| Center Street Place | Studio (Newly Renovated) | Studio,1BA | $1,325 |
| 333 Marshall Apartments | 333 Marshall - 2 Bedroom | 2BR,1BA | $1,395 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1,400 |
| Lewiston Apartments | Two Bedroom One Bath (Renovated) | 2BR,1BA | $1,550 |
Best Value Apartments for Rent in Downtown Ferndale, MI
As of July 24, 2026 the best value apartment in the Downtown Ferndale area is the $1.96 price per square foot Morse Row Model at The Harrison in the in the Royal Oak neighborhood starting from $3,486. The second greatest value Downtown Ferndale apartment is the C2 Two Bedroom Model at Flats at Iron Ridge starting at $2,904 with a $2.43 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. |
|---|---|---|---|
| The Harrison | Morse Row | 2BR,2.5BA | $1.96 |
| Flats at Iron Ridge | C2 Two Bedroom | 2BR,2BA | $2.43 |
| Sixth Street Lofts | Sixth Street Lofts - 1 Bedroom Loft | 1BR,1BA | $1.73 |
| 20460 Griggs St | House | 2BR,1BA | $1.04 |
| Sherwood Heights | The Alan | 1BR,1BA | $1.28 |
| 333 Marshall Apartments | 333 Marshall - 2 Bedroom | 2BR,1BA | $1.74 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1.75 |
| Lewiston Apartments | Two Bedroom One Bath (Renovated) | 2BR,1BA | $1.96 |
| Palmer Lofts Apartments | 1 BR/1 Bath | 1BR,1BA | $1.31 |
| The Nine | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.35 |
Frequently Asked Questions about Downtown Ferndale
What type of rentals are currently available in Downtown Ferndale?
There are currently 140 Apartments for Rent in Downtown Ferndale, MI with pricing that ranges from $850 to $6,549. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ferndale ranging from $825 to $6,000.
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 $825 to $6,000 with an average monthly rent of $2,376.
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 $1,300 to $3,849, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,195. Four Bedroom Single-Family rentals are also available starting from $1,700 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.
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