Cheap Homes for Rent in Downtown Ferndale Neighborhood of Ferndale, MI from $800 (26 Rentals)

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Cheap Homes in the Downtown Ferndale area of Ferndale.

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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 Studio unit found at Ferndale Flats priced from $850. Sherwood Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,035. Here are the most affordable Downtown Ferndale apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Ferndale FlatsS2Studio,1BA$850
Sherwood HeightsThe Alan1BR,1BA$1,035
484 E Breckenridge St1 Bedroom1BR,1BA$1,265
Center Street PlaceCenter Street Place - Studio (Newly Renovated)Studio,1BA$1,275
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1,325
The AldorThe Aldor - 1 Bedroom w/ Juliet Balcony1BR,1BA$1,449
Oakfern ManorTwo Bed2BR,1BA$1,450

Best Value Apartments for Rent in Downtown Ferndale, MI

As of May 09, 2025 the best value apartment in the Downtown Ferndale area is the $2.37 price per square foot LiveWell 1 Bed 1 Bath FURNISHED Model at 626 E 4th St in the in the Woodward Heights neighborhood starting from $2,400. 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.
626 E 4th StLiveWell 1 Bed 1 Bath FURNISHED1BR,1BA$2.37
Oakfern ManorTwo Bed2BR,1BA$1.53
Huntington ParcRoanoke2BR,1BA$2.01
Flats at Iron RidgeB2 One Bedroom1BR,1BA$2.31
Sherwood HeightsThe Deyville2BR,1BA$1.33
The AldorThe Aldor - 1 Bedroom w/ Juliet Balcony1BR,1BA$2.07
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1.89
484 E Breckenridge St1 Bedroom1BR,1BA$2.16
The NineA-11BR,1BA$2.25
20830 Westview Ave, Unit 220830 Westview Ave1BR,1BA$2.00

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Frequently Asked Questions about Downtown Ferndale

What type of rentals are currently available in Downtown Ferndale?

There are currently 137 Apartments for Rent in Downtown Ferndale, MI with pricing that ranges from $600 to $6,075. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ferndale ranging from $895 to $3,400.

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 $895 to $3,400 with an average monthly rent of $1,680.

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.

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