
Cheap Homes for Rent in Downtown Ferndale Neighborhood of Ferndale, MI from $900 (34 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ferndale area of Ferndale.


19451 Woodingham Dr

537 E Guthrie Ave

20493 Coventry St

20235 San Juan Dr

19724 Pennington Dr

20172 Sheffield Rd

20197 Prairie St
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.

78 Manatee Ave

10211 Troy St

20185 Indiana St

20053 Griggs St

19209 Irvington St

615 Ardmore Dr

20185 Indiana St

36 E Bernhard Ave
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.

20110 Northlawn St

154 W Madge Ave

59 W Harwood Ave

157 E Bennett St

29 E Harry Ave

20144 Stoepel St

19501 Woodingham Dr

23084 Berdeno Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

19776 Monica St

20144 Stoepel St

21901 Sloman St

824 E Barrett Ave

2145 Browning St

346 E Bernhard Ave

20452 Manor

644 E Meyers Ave
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.

20046 Kentucky St

23110 Carlisle Ave
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 | $1,525 | $995 | $2,750 |
| Downtown Ferndale 3 Bedroom Homes for Rent | $1,841 | $900 | $3,300 |
| Downtown Ferndale 4 Bedroom Homes for Rent | $2,090 | $1,395 | $2,950 |
Browse Homes for Rent in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Downtown Ferndale Neighborhood of Ferndale, MI.
Explore Ferndale
Downtown Ferndale, Ferndale, MI Local Guide
- Nearby Ferndale neighborhoods
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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 Lane Apartments priced from $865. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palmer Lane Apartments | 1 Bed, 1 bath | 1BR,1BA | $865 |
| Sherwood Heights | The Alan | 1BR,1BA | $1,035 |
| Marion Manor Apartments | Marion Manor Apts - 1 Bedroom - G unit #3 | 1BR,1BA | $1,095 |
| Fern 28, LLC | One Bedroom - Oakridge | 1BR,1BA | $1,195 |
| Center Street Place | Center Street Place - Studio | Studio,1BA | $1,295 |
| Oakridge Apartments | One Bedroom One Bath (Renovated) | 1BR,1BA | $1,299 |
| Hudson Park Apartments | 1 Bedroom | 1BR,1BA | $1,300 |
| The Aldor | The Aldor - Studio w/ Juliet Balcony | Studio,1BA | $1,325 |
| 333 Marshall Apartments | 333 Marshall - 1 Bedroom (Newly Renovated) | 1BR,1BA | $1,325 |
| The Marshall Place | 2/1 Condo (870sf) | 2BR,1BA | $1,450 |
Best Value Apartments for Rent in Downtown Ferndale, MI
As of December 20, 2025 the best value apartment in the Downtown Ferndale area is the $1.89 price per square foot C1 Model at The Harrison in the in the Woodland Park neighborhood starting from $3,500. The second greatest value Downtown Ferndale apartment is the 260 Spencer St Model at 260 Spencer St, Unit B starting at $1,495 with a $1.50 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. |
|---|---|---|---|
| The Harrison | C1 | 3BR,2.5BA | $1.89 |
| 260 Spencer St, Unit B | 260 Spencer St | 2BR,1BA | $1.50 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1.53 |
| Huntington Parc | Woodward | 2BR,1BA | $1.58 |
| Sherwood Heights | The Deyville | 2BR,1BA | $1.33 |
| The Marshall Place | 2/1 Condo (870sf) | 2BR,1BA | $1.67 |
| Fern 28, LLC | One Bedroom - Oakridge | 1BR,1BA | $1.67 |
| Oakridge Apartments | One Bedroom One Bath (Renovated) | 1BR,1BA | $1.81 |
| Palmer Lane Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
| Marion Manor Apartments | Marion Manor Apts - 1 Bedroom - Corner Unit | 1BR,1BA | $1.81 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Ferndale, Ferndale, MI
Ranked #1
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Ferndale
What type of rentals are currently available in Downtown Ferndale?
There are currently 135 Apartments for Rent in Downtown Ferndale, MI with pricing that ranges from $775 to $17,985. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ferndale ranging from $900 to $3,300.
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 $900 to $3,300 with an average monthly rent of $1,794.
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 $3,249 to $3,770, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $8,803.
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
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.

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.
Articles, How-To's, and Tips

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.