Cheap Homes for Rent in Fern-Ridge Neighborhood of Oak Park, MI from $900 (31 Rentals)

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

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

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.

Read Article

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.

Read Article
property at 464 W Marshall St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

464 W Marshall St

FerndaleMI48220
property at 164 Jewell St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

164 Jewell St

FerndaleMI48220

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.

Read Article
property at 610 E Lewiston Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

610 E Lewiston Ave

FerndaleMI48220
Showing Results 1-31, Page 1 of 1

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 Sherwood Heights priced from $935. 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
Sherwood HeightsThe Alan1BR,1BA$935
Palmer Lofts Apartments2BR/1 bath2BR,1BA$950
1500 E 10 Mile Rd1 Bedroom1BR,1BA$1,050
Oak Park Manor Apartments & TownhomesOne Bed, One Bath1BR,1BA$1,099
Amber on 11StudioStudio,1BA$1,125
Flats of Ferndale1/11BR,1BA$1,170
Center Street PlaceStudioStudio,1BA$1,275
The Nine1 Bedroom, 1 Bathroom1BR,1BA$1,295
The AldorThe Aldor - Studio w/ Juliet BalconyStudio,1BA$1,325

Best Value Apartments for Rent in Fern-Ridge, MI

As of May 30, 2026 the best value apartment in the Fern-Ridge area is the $1.56 price per square foot Three Bed Model at Vester Heights Apartments in the in the Pembroke neighborhood starting from $3,550. The second greatest value Fern-Ridge apartment is the Morse Row Model at The Harrison starting at $3,194 with a $1.80 price per square foot in the Woodland Park 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.
Vester Heights ApartmentsThree Bed3BR,3BA$1.56
The HarrisonMorse Row2BR,2.5BA$1.80
Amber CrossingTownhome3BR,2.5BA$1.53
The Oaks on LincolnThe Addison (2BR / 1.5BA)2BR,1.5BA$1.52
Sixth Street LoftsOne Bedroom Loft w/Office1BR,1BA$1.80
Sherwood HeightsThe Deyville2BR,1BA$1.33
333 Marshall Apartments333 Marshall - 2 Bedroom2BR,1BA$1.74
Oakfern ManorTwo Bed2BR,1BA$1.75
Palmer Lofts Apartments2BR/1 bath2BR,1BA$1.27
1500 E 10 Mile Rd1 Bedroom1BR,1BA$1.62

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 #7

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
Fern-Ridge, Oak Park, MI

School data provided by Great Schools

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 $795 to $16,788. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fern-Ridge ranging from $950 to $7,500.

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 $950 to $7,500 with an average monthly rent of $2,647.

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 $1,300 to $6,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,700 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.

Helpful Local Expert Guides

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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.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

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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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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.