Cheap Homes for Rent in Ridgewood Estates Neighborhood of Ferndale, MI from $800 (34 Rentals)

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Search the lowest-cost Homes available for rent right now in the Ridgewood Estates area of Ferndale.

property at 20248 Schaefer Hwy

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Condo for Rent

Available Now

20248 Schaefer Hwy

DetroitMI48235

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.

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

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Showing Results 1-34, Page 1 of 1

Ridgewood Estates, Ferndale, MI Local Guide

Cheapest Available Ridgewood Estates Apartments for Rent

 

The cheapest available apartment rental in the Ridgewood Estates area of Detroit, MI is a Studio unit found at Lincoln Towers Apartments priced from $750. 118 Ardmore Drive has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Ridgewood Estates apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Lincoln Towers ApartmentsStudioStudio,1BA$750
118 Ardmore DriveOne Bed1BR,1BA$795
Highland Towers - Senior Living 55+One Bedroom1BR,1BA$868
Country Court1 Bed 1 Bath1BR,1BA$950
The Loop on GreenfieldThe Roosevelt - 1 Bed 1 Bath1BR,1BA$960
Towne Square ApartmentsThe Uptowne1BR,1BA$969
The OxleyMid-Rise 2 Bedroom2BR,2BA$1,025
Sherwood HeightsThe Alan1BR,1BA$1,035
Oak Park GardensRemington1BR,1BA$1,095
Oak Park Manor Apartments & TownhomesOne Bed, One Bath1BR,1BA$1,099

Best Value Apartments for Rent in Ridgewood Estates, MI

As of April 29, 2026 the best value apartment in the Ridgewood Estates area is the $1.14 price per square foot The Legend Model at Legacy Place Apartments - Southfield, MI in the in the Pembroke neighborhood starting from $1,819. The second greatest value Ridgewood Estates apartment is the Garden 3 Bedroom Model at The Oxley starting at $1,480 with a $1.00 price per square foot in the Pembroke neighborhood. Here is today’s list of the best values for Ridgewood Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy Place Apartments - Southfield, MIThe Legend2BR,2BA$1.14
The OxleyGarden 3 Bedroom3BR,2BA$1.00
Carlyle Tower Apartments - Southfield, MI2 Bed | 2 Bath 1,174 sq. ft.2BR,2BA$1.19
The Oaks on LincolnThe Addison (2BR / 1.5BA)2BR,1.5BA$1.50
Stratford Villa - Oak Park, MITwo bedroom apartment2BR,1BA$1.39
Country Court1 Bed 1 Bath1BR,1BA$1.08
Towne Square ApartmentsThe Downtowne2BR,1BA$1.47
Sherwood HeightsThe Alan1BR,1BA$1.28
The Loop on GreenfieldThe Roosevelt - 1 Bed 1 Bath1BR,1BA$1.40
118 Ardmore DriveOne Bed1BR,1BA$1.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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

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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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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
Ridgewood Estates, Ferndale, MI

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Ridgewood Estates, Ferndale, MI

School data provided by Great Schools

Frequently Asked Questions about Ridgewood Estates

What type of rentals are currently available in Ridgewood Estates?

There are currently 110 Apartments for Rent in Ridgewood Estates, MI with pricing that ranges from $700 to $5,005. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ridgewood Estates ranging from $850 to $7,500.

What is the current price range for Rental Homes in Ridgewood Estates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ridgewood Estates ranges from $850 to $7,500 with an average monthly rent of $1,868.

How much are larger Three and Four Bedroom Rentals in Ridgewood Estates?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ridgewood Estates range from $1,595 to $3,865, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $2,399.

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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Articles, How-To's, and Tips

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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.

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