Cheap Apartments for Rent in the Greenwood Park Neighborhood of Ferndale, MI from $700 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Greenwood Park area of Ferndale.

close
View Me
373 E Saratoga St, Unit 2
$975
Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975
1 Bedroom Apartment Available Now

373 E Saratoga St, Unit 2

373 E Saratoga StFerndale, MI 48220
Affordability
  • Smoke Free
property at 316 Spencer St

$1,250 - $1,650

1 To 2 Bedroom Rentals

Available Now

316 Spencer St

FerndaleMI48220

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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 610 E Lewiston Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

610 E Lewiston Ave

FerndaleMI48220
close
View Me
492 E Lewiston Ave, Unit 1
$1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700
2 Bedroom Apartment Available Aug 17

492 E Lewiston Ave, Unit 1

492 E Lewiston AveFerndale, MI 48220
  • Smoke Free
close
View Me
118 Ardmore Drive
Studio to 1 Bedroom Apartments

118 Ardmore Drive

22444 Woodward AveFerndale, MI 48220
Senior Living
  • Utilities Included
close
View Me
Margo Manor Apartments
1 to 2 Bedroom Apartments

Margo Manor Apartments

1250-1270 W 9 Mile RdFerndale, MI 48220
  • Utilities Included

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.

close
View Me
Flats of Ferndale
Studio to 1 Bedroom Apartments

Flats of Ferndale

21201 Woodward AveFerndale, MI 48220
close
View Me
Heritage Apartments
Studio to 2 Bedroom Apartments

Heritage Apartments

259-263 W 9 Mile RdFerndale, MI 48220
  • Utilities Included

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.

close
View Me
Sunset Apartments
1 to 2 Bedroom Apartments

Sunset Apartments

575 E Troy StFerndale, MI 48220
Student Housing
  • Utilities Included

Cheapest Available Greenwood Park Apartments for Rent

 

The cheapest available apartment rental in the Greenwood Park area of Detroit, MI is a 1 Bed unit found at 484 E Breckenridge St priced from $1,295. 425 Vester St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,299. Here are the most affordable Greenwood Park apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
484 E Breckenridge St1 Bedroom1BR,1BA$1,295
425 Vester St2 Bedroom2BR,1BA$1,299
333 Marshall Apartments333 Marshall - 2 Bedroom2BR,1BA$1,395
Oakfern ManorTwo Bed2BR,1BA$1,400
FerndaleHaus Loftsfdh-A1Studio,1BA$1,717
409 On Nine1 Bedroom T, U1BR,1BA$1,739
The James - Active Senior ResidencesThe HeathStudio,1BA$1,899
Vester Heights ApartmentsOne Bed1BR,1BA$1,900

Best Value Apartments for Rent in Greenwood Park, MI

As of July 10, 2026 the best value apartment in the Greenwood Park area is the $3.42 price per square foot fdh-B2-Penthouse Model at FerndaleHaus Lofts in the in the Pembroke neighborhood starting from $2,827. The second greatest value Greenwood Park apartment is the 333 Marshall - 2 Bedroom Model at 333 Marshall Apartments starting at $1,395 with a $1.74 price per square foot in the Pembroke neighborhood. Here is today’s list of the best values for Greenwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
FerndaleHaus Loftsfdh-B2-Penthouse2BR,2BA$3.42
333 Marshall Apartments333 Marshall - 2 Bedroom2BR,1BA$1.74
Oakfern ManorTwo Bed2BR,1BA$1.75
Vester Heights ApartmentsOne Bed1BR,1BA$2.52
409 On Nine1 Bedroom G, I, J1BR,1BA$2.59
484 E Breckenridge St1 Bedroom1BR,1BA$2.47
425 Vester St2 Bedroom2BR,1BA$2.47
373 E Saratoga St, Unit 2373 E Saratoga St1BR,1BA$1.86
The James - Active Senior ResidencesThe HeathStudio ,1BA$3.95

Frequently Asked Questions about Cheap Greenwood Park Apartments

What is the Cheapest Studio apartment in Greenwood Park?

Currently the most affordable Cheap Studio Apartment in Greenwood Park is at FerndaleHaus Lofts listed at $1,717.

How much is rent for a Cheap One Bedroom Greenwood Park Apartment?

The lowest price for a Cheap One Bedroom Greenwood Park Apartment is $1,295 at 484 E Breckenridge St.

What is the lowest price for a Cheap Two Bedroom Greenwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Greenwood Park is starting from $1,299 at 425 Vester St.

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

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 The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

decorative image for The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown article

The Detroit Insider's 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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.