
Cheap Homes for Rent in Ferndale, MI from $800 (45 Rentals)
Search the lowest-cost Homes available for rent right now in Ferndale.


20258 Schaefer Hwy, Unit 23, Unit 23

22140 Dante St

20248 Schaefer Hwy

17515 Northlawn St, Unit Lower Flat, Unit Lower Flat

155 W George Ave

17195 Northlawn St, Unit Unit 2 Upper- V 5/1/26 (T)

20129 Stratford Rd, Unit 2

17596 Santa Rosa Dr, Unit Unit 2 - Upper - V 12/11/25 (T)
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.

739 S Alexander Ave, Unit Top Level

17606 Roselawn St

7347 Curtis St

7345 Curtis St

19961 Pinehurst St

17150 Santa Rosa Dr

22108 Dante St

19209 Irvington St

23115 Powell Ave
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.

739 S Alexander Ave, Unit Lower Level

21880 Coolidge Hwy

20445 Kentucky St

2023 Ardmore Dr

1234 E Elza Ave

23115 Tawas Ave

20045 Greenlawn St

409 E 6th St

20110 Northlawn St
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.

628 E Jarvis Ave

17540 Pinehurst St

324 E 3rd St, Unit 3

22116 Dante St

18292 Mendota St

10020 Corning St

8741 W Nine Mile Rd

617 E Lincoln Ave

2055 Browning St
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.

1251 Kalama Ave

20412 Steel St

20515 Ilene St

19915 Monte Vista St

19929 Monte Vista St

22148 Dante St

19404 Saint Aubin St

727 E Madge Ave

464 W Marshall St
Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers
Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.
Ferndale, MI Local Guide

How much does it cost to rent a home in Ferndale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ferndale 2 Bedroom Homes for Rent | $1,739 | $950 | $3,400 |
| Ferndale 3 Bedroom Homes for Rent | $1,847 | $995 | $3,250 |
| Ferndale 4 Bedroom Homes for Rent | $3,391 | $1,500 | $7,500 |
| Ferndale 5 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Top Homes for Rent in Ferndale
Explore Ferndale
Ferndale, MI Local Guide
- Ferndale Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Ferndale Apartments for Rent
 The cheapest available apartment rental in Ferndale, MI is a Studio unit found at RCI Covington Apartments in the Fitzgerald neighborhood priced from $895. Virginia Apartments in the Downtown Royal Oak neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Ferndale apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RCI Covington Apartments | Studio | Studio,1BA | $895 |
| Virginia Apartments | Apt 11 | Studio,1BA | $895 |
| Palmer Lofts Apartments | 2BR/1 bath | 2BR,1BA | $950 |
| Warren Manor | You New Place Is Waiting | 1BR,1BA | $990 |
| Sherwood Heights | The Alan | 1BR,1BA | $995 |
| North Royal Oak Apartments | One bedroom-One bathroom | 1BR,1BA | $1,000 |
| Palmer Park Square | 1BR/1BA | 1BR,1BA | $1,016 |
| Maple Grove | 1 bed | 1BR,1BA | $1,049 |
| 1771 E Woodward Heights Blvd | 1 Bedroom | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Ferndale, MI
As of May 17, 2026 the best value apartment in the Ferndale area is the $1.53 price per square foot Townhome Model at Amber Crossing in the in the Woodward Heights neighborhood starting from $2,395. The second greatest value Ferndale apartment is the 2 Bedroom Townhome Model at RCI Covington Townhouses starting at $1,395 with a $1.00 price per square foot in the Pembroke neighborhood. Here is today’s list of the best values for Ferndale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Amber Crossing | Townhome | 3BR,2.5BA | $1.53 |
| RCI Covington Townhouses | 2 Bedroom Townhome | 2BR,1BA | $1.00 |
| RCI Shelbourne | Two Bedroom | 2BR,1BA | $1.09 |
| Royal Oak Crossings at Gardenia | Gardenia | 2BR,1BA | $1.40 |
| North Royal Oak Apartments | Two Bedroom-One bathroom | 2BR,1BA | $1.47 |
| Palmer Park Square | 1BR/1BA | 1BR,1BA | $1.23 |
| Sherwood Heights | The Alan | 1BR,1BA | $1.23 |
| Campbell Manor | 1 Bedroom | 1BR,1BA | $1.38 |
| Palmer Lofts Apartments | 2BR/1 bath | 2BR,1BA | $1.27 |
| 1771 E Woodward Heights Blvd | 1 Bedroom | 1BR,1BA | $1.53 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Best Detroit Area Neighborhoods for Off-Campus Housing Renters
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleFerndale, MI
Ranked #55
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Ferndale, MI
Webb Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ferndale, MI Rentals by Map
See the most popular apartments and homes in Ferndale, MI
Frequently Asked Questions about Ferndale
What type of rentals are currently available in Ferndale?
There are currently 306 Apartments for Rent in Ferndale, MI with pricing that ranges from $775 to $17,169. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferndale ranging from $800 to $7,500.
What is the current price range for Rental Homes in Ferndale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ferndale ranges from $800 to $7,500 with an average monthly rent of $2,434.
How much are larger Three and Four Bedroom Rentals in Ferndale?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ferndale range from $1,300 to $7,008, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,500 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

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.

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.

The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown
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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

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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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.