Cheap Apartments for Rent in the Fern-Ridge Neighborhood of Oak Park, MI from $700 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fern-Ridge area of Oak Park.

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Sandstone Apartments
1 to 2 Bedroom Apartments

Sandstone Apartments

12800 W Nine Mile RdOak Park, MI 48237
  • Utilities Included

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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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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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 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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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Fern-Ridge, Oak Park, MI Local Guide

Cheapest Available Fern-Ridge Apartments for Rent

 

The cheapest available apartment rental in the Fern-Ridge area of Detroit, MI is a 1 Bed unit found at 118 Ardmore Drive priced from $795. Palmer Lofts Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Fern-Ridge apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
118 Ardmore DriveOne Bed1BR,1BA$795
Palmer Lofts Apartments2BR/1 bath2BR,1BA$950
Sherwood HeightsThe Alan1BR,1BA$1,035
Oak Park Manor Apartments & TownhomesOne Bed, One Bath1BR,1BA$1,099
Amber on 11StudioStudio,1BA$1,125
Center Street PlaceCenter Street Place - StudioStudio,1BA$1,275
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1,300
The AldorThe Aldor - Studio w/ Juliet BalconyStudio,1BA$1,325
484 E Breckenridge St1 Bedroom1BR,1BA$1,325
330 Oakland Avenue2 Beds, 1 Baths2BR,1BA$1,400

Best Value Apartments for Rent in Fern-Ridge, MI

As of April 27, 2026 the best value apartment in the Fern-Ridge area is the $1.53 price per square foot Townhome Model at Amber Crossing in the in the Woodward Heights neighborhood starting from $2,395. The second greatest value Fern-Ridge apartment is the The Addison (2BR / 1.5BA) Model at The Oaks on Lincoln starting at $1,515 with a $1.50 price per square foot in the Ridgewood Estates neighborhood. Here is today’s list of the best values for Fern-Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Amber CrossingTownhome3BR,2.5BA$1.53
The Oaks on LincolnThe Addison (2BR / 1.5BA)2BR,1.5BA$1.50
739 S Alexander Ave, Unit LowerLevel739 S Alexander Ave1BR,1BA$1.40
Sherwood HeightsThe Alan1BR,1BA$1.28
Oakfern ManorTwo Bed2BR,1BA$1.75
27157 Woodward Ave, Unit Rear Apartment27157 Woodward Ave2BR,1BA$1.84
333 Marshall Apartments333 Marshall - 1 Bedroom (Newly Renovated)1BR,1BA$1.86
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$1.31
118 Ardmore DriveOne Bed1BR,1BA$1.33
Oak Park Manor Apartments & TownhomesOne Bed, One Bath1BR,1BA$1.86

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

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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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
Fern-Ridge, Oak Park, MI

Ranked #5

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Fern-Ridge, Oak Park, MI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Michigan including Fern-Ridge, Oak Park, and the greater Detroit area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fern-Ridge Apartments

What is a cheap apartment in Fern-Ridge?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fern-Ridge is under $1,400.

What is the price of a cheap apartment in Fern-Ridge?

The cheapest apartment in Fern-Ridge is 118 Ardmore Drive which is listed at $795, while the average apartment in Fern-Ridge costs $7,965.

What types of apartments are the cheapest in Fern-Ridge?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Fern-Ridge that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fern-Ridge?

Cheap apartments in Fern-Ridge have an average cost of $327 which is $7,638 cheaper than the average rent for all rentals in Fern-Ridge.

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.

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