Cheap Homes for Rent in Downtown Ferndale Neighborhood of Ferndale, MI from $800 (25 Rentals)

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

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property at 2055 Browning St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

2055 Browning St

FerndaleMI48220

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Showing Results 1-25, Page 1 of 1

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. Sherwood Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Downtown Ferndale apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$850
Sherwood HeightsThe Alan1BR,1BA$935
Rosewood Manor Apartments2 Beds, 1 Baths2BR,1BA$1,000
1500 E 10 Mile Rd1 Bedroom1BR,1BA$1,050
Flats of Ferndale1/11BR,1BA$1,170

Best Value Apartments for Rent in Downtown Ferndale, MI

As of June 08, 2026 the best value apartment in the Downtown Ferndale area is the $2.43 price per square foot C2 Two Bedroom Model at Flats at Iron Ridge in the in the Woodland Park neighborhood starting from $2,904. The second greatest value Downtown Ferndale apartment is the The Friar Model at Sherwood Heights starting at $1,330 with a $1.21 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 RidgeC2 Two Bedroom2BR,2BA$2.43
Sherwood HeightsThe Friar2BR,2BA$1.21
Eight55 ApartmentsThe Holiday1BR,1BA$2.50
Sixth Street LoftsSixth Street Lofts - 1 Bedroom Loft1BR,1BA$1.73
Rosewood Manor Apartments2 Beds, 1 Baths2BR,1BA$1.11
333 Marshall Apartments333 Marshall - 2 Bedroom2BR,1BA$1.74
Oakfern ManorTwo Bed2BR,1BA$1.75
1500 E 10 Mile Rd1 Bedroom1BR,1BA$1.62
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$1.31
The Nine1 Bedroom, 1 Bathroom1BR,1BA$2.35

Frequently Asked Questions about Downtown Ferndale

What type of rentals are currently available in Downtown Ferndale?

There are currently 141 Apartments for Rent in Downtown Ferndale, MI with pricing that ranges from $850 to $16,419. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ferndale ranging from $800 to $7,500.

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 $800 to $7,500 with an average monthly rent of $2,478.

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 $3,958, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 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.

Helpful Local Expert Guides

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Articles, How-To's, and Tips

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.