Cheap Homes for Rent in Ferndale, MI from $600 (60 Rentals)

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Search the lowest-cost Homes available for rent right now in Ferndale.

property at 2201 Sonoma St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

2201 Sonoma St

FerndaleMI48220

Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Looking for an apartment near Detroit? Our local expert guides you through 12 of Metro Detroit's best communities across four distinct corridors to help you find the perfect fit.

property at 18444 Woodingham Dr

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

18444 Woodingham Dr, Unit Up

18444 Woodingham Dr
DetroitMI48221

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 383 W Chesterfield St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

383 W Chesterfield St

FerndaleMI48220

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.

property at 1312 E Harry Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Now

1312 E Harry Ave

Hazel ParkMI48030

The Detroit Insiders Renting Guide: A Local's Look Under the Hood

Moving to Detroit? Get the local breakdown on affordable rental options, easy commutes, and how to navigate the People Mover and Q-Line downtown.

property at 2212 Bonner St

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Sep 7

2212 Bonner St

FerndaleMI48220
property at 221 Flowerdale St

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Sep 14

221 Flowerdale St

FerndaleMI48220

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Ferndale, MI Local Guide

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 $825. Palmer Lofts Apartments in the Pembroke neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Ferndale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RCI Covington ApartmentsStudioStudio,1BA$825
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$850
Ferndale Park Co-op Senior ApartmentsOne Bedroom1BR,1BA$893
Virginia ApartmentsApt 31BR,1BA$895
Birchcrest ApartmentsOne Bedroom Den1BR,1BA$895
Catalpa Court1 Beds, 1 Baths1BR,1BA$925
20460 Griggs StHouse2BR,1BA$950
North Royal Oak ApartmentsOne bedroom-One bathroom1BR,1BA$1,000

Best Value Apartments for Rent in Ferndale, MI

As of August 15, 2026 the best value apartment in the Ferndale area is the $1.00 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 The Friar Model at Sherwood Heights starting at $1,330 with a $1.21 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$1.00
Sherwood HeightsThe Friar2BR,2BA$1.21
RCI ShelbourneTwo Bedroom2BR,1BA$1.08
The Baxter Apartments2BR/1BA2BR,1BA$1.42
20460 Griggs StHouse2BR,1BA$1.04
North Royal Oak ApartmentsTwo Bedroom-One bathroom2BR,1BA$1.47
Catalpa Court1 Beds, 1 Baths1BR,1BA$1.16
1771 E Woodward Heights Blvd1 Bedroom1BR,1BA$1.33
Virginia ApartmentsApt 31BR,1BA$1.28
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$1.31

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 Article
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The 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 Article
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Real 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.

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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 #41

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about Ferndale

What type of rentals are currently available in Ferndale?

There are currently 303 Apartments for Rent in Ferndale, MI with pricing that ranges from $749 to $7,785. There are also 147 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferndale ranging from $650 to $6,000.

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 $650 to $6,000 with an average monthly rent of $1,888.

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 $875 to $7,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,295. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $2,495.

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

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Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Metro Detroit. As covered in other articles, the City of Detroit has much to offer to renters.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

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.

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The Detroit Insider's 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 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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.