Cheap Homes for Rent in Ferndale, MI from $800 (40 Rentals)

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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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property at 18411 Meyers Rd

18411 Meyers Rd

DetroitMI48235
property at 17332 Stoepel St

17332 Stoepel St

DetroitMI48221

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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property at 620 E Lincoln Ave

620 E Lincoln Ave

Royal OakMI48067
property at 23059 Davey Ave

23059 Davey Ave

Hazel ParkMI48030

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-40, Page 1 of 1

Ferndale, MI Local Guide

Cheapest Available Ferndale Apartments for Rent

 

The cheapest available apartment rental in Ferndale, MI is a 1 Bed unit found at Florentine West in the Fitzgerald neighborhood priced from $525. RCI Covington Apartments in the Fitzgerald neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here is today’s list of the most affordable Ferndale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Florentine WestOne Bedroom1BR,1BA$525
RCI Covington ApartmentsStudioStudio,1BA$945
Warren Manor1 Bedroom - Standard1BR,1BA$990
The Baxter Apartments1BR/1BA1BR,1BA$995
Birchcrest ApartmentsOne Bedroom Den1BR,1BA$995
Palmer Park Square1BR/1BA1BR,1BA$1,016
Maple Grove1 bed1BR,1BA$1,039
North Royal Oak ApartmentsOne bedroom-One bathroom1BR,1BA$1,075
RCI ShelbourneOne Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Ferndale, MI

As of September 12, 2025 the best value apartment in the Ferndale area is the $1.07 price per square foot 2 Bedroom Townhome Model at RCI Covington Townhouses in the in the Pembroke neighborhood starting from $1,395. The second greatest value Ferndale apartment is the 17147 Prairie St Model at 17147 Prairie St, Unit 17149 starting at $900 with a $0.82 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 ListingModel NameBed/BathPrice Per Sq.Ft.
RCI Covington Townhouses2 Bedroom Townhome2BR,1BA$1.07
17147 Prairie St, Unit 1714917147 Prairie St2BR,1BA$0.82
739 S Alexander Ave, Unit LowerLevel739 S Alexander Ave1BR,1BA$1.40
Sherwood HeightsThe Deyville2BR,1BA$1.33
RCI ShelbourneOne Bedroom1BR,1BA$1.29
North Royal Oak ApartmentsTwo Bedroom-One bathroom2BR,1BA$1.50
Palmer Park Square1BR/1BA1BR,1BA$1.23
Florentine WestTwo Bedroom2BR,1BA$0.81
Campbell Manor1 Bedroom1BR,1BA$1.41
The Baxter Apartments1BR/1BA1BR,1BA$1.42

Quick 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.

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Pet Friendly Lifestyle
Ferndale, MI

Ranked #34

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Ferndale, MI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ferndale, MI Rentals by Map

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See the most popular apartments and homes in Ferndale, MI

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Frequently Asked Questions about Ferndale

What type of rentals are currently available in Ferndale?

There are currently 299 Apartments for Rent in Ferndale, MI with pricing that ranges from $525 to $12,664. There are also 150 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferndale ranging from $895 to $5,300.

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 $895 to $5,300 with an average monthly rent of $2,359.

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 $1,095 to $6,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,135 to $4,813. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $10,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.