Cheap Homes for Rent in Downtown Ferndale Neighborhood of Ferndale, MI from $800 (31 Rentals)

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

property at 23303 Stauber Ave

23303 Stauber Ave

Hazel ParkMI48030
property at 512 W 4th St

512 W 4th St

Royal OakMI48067
property at 220 Oakdale St

220 Oakdale St

Royal OakMI48067
Showing Results 1-31, Page 1 of 1

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 Sherwood Heights priced from $1,035. Marion Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Downtown Ferndale apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Sherwood HeightsThe Alan1BR,1BA$1,035
Marion Manor ApartmentsMarion Manor Apts - 1 Bedroom - Corner Unit1BR,1BA$1,175
484 E Breckenridge St1 Bedroom1BR,1BA$1,225
Hudson Park Apartments1 Bedroom1BR,1BA$1,250
The AldorThe Aldor - Studio (11)Studio,1BA$1,295
Oakridge ApartmentsOne Bedroom One Bath (Renovated)1BR,1BA$1,299
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1,325
Oakfern ManorTwo Bed2BR,1BA$1,450
Huntington ParcPinecrest2BR,1BA$1,500

Best Value Apartments for Rent in Downtown Ferndale, MI

As of November 02, 2025 the best value apartment in the Downtown Ferndale area is the $1.89 price per square foot D1 Three Bedroom Model at Flats at Iron Ridge in the in the Woodland Park neighborhood starting from $2,755. The second greatest value Downtown Ferndale apartment is the 18 Woodward Heights Blvd Model at 18 Woodward Heights Blvd starting at $1,300 with a $1.08 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.
Flats at Iron RidgeD1 Three Bedroom3BR,2BA$1.89
18 Woodward Heights Blvd18 Woodward Heights Blvd1BR,1BA$1.08
Oakfern ManorTwo Bed2BR,1BA$1.53
Huntington ParcWoodward2BR,1BA$1.58
Sherwood HeightsThe Alan1BR,1BA$1.28
Oakridge ApartmentsOne Bedroom One Bath (Renovated)1BR,1BA$1.81
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1.89
Marion Manor ApartmentsMarion Manor Apts - 1 Bedroom - Corner Unit1BR,1BA$1.81
Hudson Park Apartments1 Bedroom1BR,1BA$2.00
484 E Breckenridge St1 Bedroom1BR,1BA$2.09

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Pet Friendly Lifestyle
Downtown Ferndale, Ferndale, MI

Ranked #1

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Ferndale

What type of rentals are currently available in Downtown Ferndale?

There are currently 132 Apartments for Rent in Downtown Ferndale, MI with pricing that ranges from $775 to $12,417. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ferndale ranging from $850 to $4,500.

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 $4,500 with an average monthly rent of $1,948.

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 $3,550 to $3,961, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $8,305.

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.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.