Cheap Apartments for Rent in Oak Park, MI from $700 (166 Rentals)

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Search the lowest-cost Apartments available for rent right now in Oak Park.

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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Sandstone Apartments
1 to 2 Bedroom Apartments

Sandstone Apartments

12800 W Nine Mile RdOak Park, MI 48237
  • Utilities Included
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Lincoln Woods
2 Bedroom Apartments

Lincoln Woods

14801-14821 Lincoln StOak Park, MI 48237
  • Utilities Included

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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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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373 E Saratoga St, Unit 2
$975
Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975
1 Bedroom Apartment Available Jul 1

373 E Saratoga St, Unit 2

373 E Saratoga StFerndale, MI 48220
Affordability
  • Smoke Free

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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4308 W 13 Mile Rd, Unit #1
$1,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095
1 Bedroom Apartment Available Now

4308 W 13 Mile Rd, Unit #1

4308 W 13 Mile RdRoyal Oak, MI 48073
Affordability
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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.

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Oak Park, MI Local Guide

Cheapest Available Oak Park Apartments for Rent

 

The cheapest available apartment rental in Oak Park, MI is a Studio unit found at Lincoln Towers Apartments in the Ridgewood Estates neighborhood priced from $750. Pembrook Manor in the Polo Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Oak Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln Towers ApartmentsStudioStudio,1BA$750
Pembrook Manor1B/1B1BR,1BA$800
Pickford Place Apartments1B/1B1BR,1BA$835
Highland Towers - Senior Living 55+One Bedroom1BR,1BA$868
Virginia ApartmentsApt 11Studio,1BA$895
The Loop on GreenfieldThe Roosevelt - 1 Bed 1 Bath1BR,1BA$945
Altitude Apartments East1 Bed / 1 Bath1BR,1BA$950
Towne Square ApartmentsThe Uptowne1BR,1BA$989
The Reserve of Southfield1x1 Classic1BR,1BA$995
Rosewood Manor Apartments2 Beds, 1 Baths2BR,1BA$1,000

Best Value Apartments for Rent in Oak Park, MI

As of June 16, 2026 the best value apartment in the Oak Park 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 Oak Park apartment is the 2 Brm 2 Bath Model at North Park Place Apartments starting at $1,224 with a $0.98 price per square foot in the Polo Heights neighborhood. Here is today’s list of the best values for Oak Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The OxleyGarden 2 Bedroom2BR,2BA$0.93
North Park Place Apartments2 Brm 2 Bath2BR,2BA$0.98
Carlyle Tower Apartments - Southfield, MI2 Bed | 2 Bath 1,174 sq. ft.2BR,2BA$1.19
20460 Griggs StHouse2BR,2BA$1.21
Rosewood Manor Apartments2 Beds, 1 Baths2BR,1BA$1.11
Sherwood HeightsThe Deyville2BR,1BA$1.22
Cambridge SquareOne Bedroom1BR,1BA$1.30
Meadowcrest Senior Apartments2 Bedroom2BR,1BA$1.27
Pembrook Manor1B/1B1BR,1BA$1.14
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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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

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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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Frequently Asked Questions about Cheap Oak Park Apartments

What is the Cheapest Studio apartment in Oak Park?

Currently the most affordable Cheap Studio Apartment in Oak Park is at Lincoln Towers Apartments listed at $750.

How much is rent for a Cheap One Bedroom Oak Park Apartment?

The lowest price for a Cheap One Bedroom Oak Park Apartment is $800 at Pembrook Manor.

What is the lowest price for a Cheap Two Bedroom Oak Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oak Park is starting from $964 at The Loop on Greenfield.

What is the most affordable Oak Park Three Bedroom Apartment?

The best deal on a cheap Oak Park Three Bedroom Apartment rental is at North Park Place Apartments and starts from $1,409.

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

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.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

Written by: Tim Brown

Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

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

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 and have witnessed the city and its surrounding metro area undergo a renaissance.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

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

Written by: Robin Stewart

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.