Cheap Homes for Rent in Ridgewood Estates Neighborhood of Ferndale, MI from $800 (31 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

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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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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. Pickford Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Ridgewood Estates apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Lincoln Towers ApartmentsStudioStudio,1BA$750
Pickford Place Apartments1B/1B1BR,1BA$835
Highland Towers - Senior Living 55+One Bedroom1BR,1BA$868
The Loop on GreenfieldThe Roosevelt - 1 Bed 1 Bath1BR,1BA$945
Country Court1 Bed 1 Bath1BR,1BA$950
Towne Square ApartmentsThe Uptowne1BR,1BA$989
Rosewood Manor Apartments2 Beds, 1 Baths2BR,1BA$1,000
The OxleyMid-Rise 2 Bedroom2BR,2BA$1,025
Sherwood HeightsThe Alan1BR,1BA$1,035
Solaire Senior Living1 Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Ridgewood Estates, MI

As of June 13, 2026 the best value apartment in the Ridgewood Estates area is the $0.93 price per square foot Garden 2 Bedroom Model at The Oxley in the in the Pembroke neighborhood starting from $1,349. The second greatest value Ridgewood Estates apartment is the 2 Bed | 2 Bath 1,174 sq. ft. Model at Carlyle Tower Apartments - Southfield, MI starting at $1,399 with a $1.19 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.
The OxleyGarden 2 Bedroom2BR,2BA$0.93
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$1.52
20460 Griggs StHouse2BR,2BA$1.21
Rosewood Manor Apartments2 Beds, 1 Baths2BR,1BA$1.11
Country Court1 Bed 1 Bath1BR,1BA$1.08
25331-25337 S Montmartre Ct2 Bedroom and 1 Bath2BR,1BA$1.50
The Loop on GreenfieldThe Roosevelt - 1 Bed 1 Bath1BR,1BA$1.38
Towne Square ApartmentsThe Uptowne1BR,1BA$1.45
Pickford Place Apartments1B/1B1BR,1BA$1.33

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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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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Pet Friendly Lifestyle
Ridgewood Estates, Ferndale, MI

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Ridgewood Estates

What type of rentals are currently available in Ridgewood Estates?

There are currently 116 Apartments for Rent in Ridgewood Estates, MI with pricing that ranges from $750 to $5,995. There are also 52 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 $2,485.

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 $1,300 to $3,812, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,154 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,700 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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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.