Cheap Homes for Rent in Downtown Ferndale Neighborhood of Ferndale, MI from $800 (23 Rentals)

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Search the lowest-cost Homes 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.

property at 110 Hamata Ave

$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

110 Hamata Ave

Hazel ParkMI48030

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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.

property at 29 E Harry Ave

$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

29 E Harry Ave

Hazel ParkMI48030

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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.

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

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 Pembroke 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

Frequently Asked Questions about Downtown Ferndale

What type of rentals are currently available in Downtown Ferndale?

There are currently 138 Apartments for Rent in Downtown Ferndale, MI with pricing that ranges from $700 to $7,678. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ferndale ranging from $850 to $3,100.

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 $3,100 with an average monthly rent of $1,818.

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 $1,350 to $3,877, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,600 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

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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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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.

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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

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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.

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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.

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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.

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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.