Cheap Homes for Rent in the Fern-Ridge Neighborhood of Oak Park, MI from $650 (25 Rentals)

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

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

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1 Bath Home for Rent

Available Now

383 W Chesterfield 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.

property at 10431 Corning St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Home for Rent

Available Now

10431 Corning St

Oak ParkMI48237
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

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 21244 Westview Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1.5 Bath Townhome for Rent

Available Sep 1

21244 Westview Ave

FerndaleMI48220

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.

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 Palmer Lofts Apartments priced from $850. Ferndale Park Co-op Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $893. Here are the most affordable Fern-Ridge apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$850
Ferndale Park Co-op Senior ApartmentsOne Bedroom1BR,1BA$893
Catalpa Court1 Beds, 1 Baths1BR,1BA$925
20460 Griggs StHouse2BR,1BA$950
Oak Park Manor Apartments & TownhomesOne Bed, One Bath1BR,1BA$1,099

Best Value Apartments for Rent in Fern-Ridge, MI

As of August 30, 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 Royal Oak neighborhood starting from $2,395. The second greatest value Fern-Ridge apartment is the Two bedroom townhome Model at Stratford Villa - Oak Park, MI starting at $1,500 with a $1.50 price per square foot in the Pembroke 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
Stratford Villa - Oak Park, MITwo bedroom townhome2BR,1.5BA$1.50
Sixth Street LoftsSixth Street Lofts - 1 Bedroom Loft1BR,1BA$1.73
20460 Griggs StHouse2BR,1BA$1.04
235 Jewell St, Unit Upper Unit with Balcony235 Jewell St1BR,1BA$1.33
Oakfern ManorTwo Bed2BR,1BA$1.75
Catalpa Court1 Beds, 1 Baths1BR,1BA$1.16
525 E Woodland St, Unit Apt. D525 E Woodland St1BR,1BA$1.53
Palmer Lofts Apartments1 BR/1 Bath1BR,1BA$1.31
340 E Troy St, Unit 2340 E Troy St1BR,1BA$1.82

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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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
Fern-Ridge, Oak Park, 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 Fern-Ridge

What type of rentals are currently available in Fern-Ridge?

There are currently 174 Apartments for Rent in Fern-Ridge, MI with pricing that ranges from $850 to $7,785. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fern-Ridge ranging from $650 to $5,000.

What is the current price range for Rental Homes in Fern-Ridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fern-Ridge ranges from $650 to $5,000 with an average monthly rent of $2,085.

How much are larger Three and Four Bedroom Rentals in Fern-Ridge?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fern-Ridge range from $1,699 to $7,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,250. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $4,500.

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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