
Cheap Homes for Rent in Greenwood Park Neighborhood of Ferndale, MI from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenwood Park area of Ferndale.


2055 Browning St
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.

690 E Marshall St, Unit Lower

464 W Marshall 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.
Greenwood Park, Ferndale, MI Local Guide

How much does it cost to rent a home in Greenwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood Park 2 Bedroom Homes for Rent | $1,670 | $1,400 | $1,900 |
| Greenwood Park 3 Bedroom Homes for Rent | $2,622 | $1,750 | $3,195 |
| Greenwood Park 5 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Greenwood Park Neighborhood of Ferndale, MI.
Explore Ferndale
Best Value Apartments for Rent in Greenwood Park, MI
As of May 25, 2026 the best value apartment in the Greenwood Park area is the $1.56 price per square foot Three Bed Model at Vester Heights Apartments in the in the Pembroke neighborhood starting from $3,550. The second greatest value Greenwood Park apartment is the Two Bed Model at Oakfern Manor starting at $1,400 with a $1.75 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vester Heights Apartments | Three Bed | 3BR,3BA | $1.56 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1.75 |
| 333 Marshall Apartments | 333 Marshall - 2 Bedroom | 2BR,1BA | $1.74 |
| 552 E Saratoga St, Unit 2 | 552 E Saratoga St | 2BR,1BA | $1.86 |
| 212 E Saratoga St, Unit Upper Flat | 212 E Saratoga St | 1BR,1BA | $1.86 |
| The James - Active Senior Residences | The Heath | Studio ,1BA | $3.95 |
| Flats of Ferndale | 1/1 | 1BR,1BA | $2.75 |
Frequently Asked Questions about Greenwood Park
What type of rentals are currently available in Greenwood Park?
There are currently 72 Apartments for Rent in Greenwood Park, MI with pricing that ranges from $850 to $4,378. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood Park ranging from $900 to $3,600.
What is the current price range for Rental Homes in Greenwood Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood Park ranges from $900 to $3,600 with an average monthly rent of $2,348.
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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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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.

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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.