157 E Bennett Ave
FerndaleMI48220
Cheap Homes for Rent in Greenwood Park Neighborhood of Ferndale, MI from $1,100 (3 Rentals)
Search the lowest-cost Homes 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.
335 Ardmore Dr
FerndaleMI48220
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.
3012 Grayson St
FerndaleMI48220
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Greenwood Park, Ferndale, MI Local Guide
The Woodward Dream Cruise by Kaleidico Digital Marketing is licensed under CC BY 2.0
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 | $1,616 | $1,150 | $1,950 |
| Greenwood Park 3 Bedroom Homes for Rent | $1,916 | $1,700 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Greenwood Park Neighborhood of Ferndale, MI.
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 18 Woodward Heights Blvd | 18 Woodward Heights Blvd | 2BR,1BA | $0.92 |
| Oakfern Manor | Two Bed | 2BR,1BA | $1.42 |
| 409 On Nine | 2 Bedroom D | 2BR,2BA | $2.48 |
| Vester Apartments | B2 | 2BR,1BA | $1.57 |
| Rosewood Apartments | B2 | 2BR,1BA | $1.68 |
| 333 Marshall Apartments | 333 Marshall - 1 Bedroom (Newly Renovated) | 1BR,1BA | $1.86 |
| 118 Ardmore Drive | One Bed | 1BR,1BA | $1.33 |
| FerndaleHaus Lofts | fdh-S1 | Studio ,1BA | $2.99 |
| 484 E Breckenridge St | 1 Bedroom | 1BR,1BA | $2.52 |
| The James - Active Senior Residences | The Heath | Studio ,1BA | $3.95 |
Frequently Asked Questions about Greenwood Park
What type of rentals are currently available in Greenwood Park?
There are currently 68 Apartments for Rent in Greenwood Park, MI with pricing that ranges from $700 to $7,799. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood Park ranging from $1,150 to $2,100.
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 $1,150 to $2,100 with an average monthly rent of $1,766.
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
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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.
The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
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Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.
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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.
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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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.