Cheap Apartments for Rent in the Greenwood Park Neighborhood of Ferndale, MI from $700 (22 Rentals)

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

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.

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Margo Manor Apartments
1 to 2 Bedroom Apartments

Margo Manor Apartments

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

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.

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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.

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Sunset Apartments
1 to 2 Bedroom Apartments

Sunset Apartments

575 E Troy StFerndale, MI 48220
Student Housing
  • Utilities Included
Showing Results 1-22, Page 1 of 1

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 118 Ardmore Drive priced from $795. Rosewood Apartments 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
118 Ardmore DriveOne Bed1BR,1BA$795
Rosewood ApartmentsB22BR,1BA$1,299
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1,300
484 E Breckenridge St1 Bedroom1BR,1BA$1,325
Vester ApartmentsB22BR,1BA$1,350

Best Value Apartments for Rent in Greenwood Park, MI

As of April 10, 2026 the best value apartment in the Greenwood Park area is the $0.92 price per square foot 18 Woodward Heights Blvd Model at 18 Woodward Heights Blvd in the in the Pembroke neighborhood starting from $1,750. The second greatest value Greenwood Park apartment is the Two Bed Model at Oakfern Manor starting at $1,350 with a $1.42 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.
18 Woodward Heights Blvd18 Woodward Heights Blvd2BR,1BA$0.92
Oakfern ManorTwo Bed2BR,1BA$1.42
409 On Nine2 Bedroom D2BR,2BA$2.48
Vester ApartmentsB22BR,1BA$1.57
Rosewood ApartmentsB22BR,1BA$1.68
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1.86
118 Ardmore DriveOne Bed1BR,1BA$1.33
FerndaleHaus Loftsfdh-S1Studio ,1BA$2.99
484 E Breckenridge St1 Bedroom1BR,1BA$2.52
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 $1,675.

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

The lowest price for a Cheap One Bedroom Greenwood Park Apartment is $795 at 118 Ardmore Drive.

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 Rosewood Apartments.

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.

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Articles, How-To's, and Tips

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

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.