Cheap Homes for Rent in Oak Park, MI from $900 (68 Rentals)

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property at 20248 Schaefer Hwy

$975

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$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Condo for Rent

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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.

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

Explore the best residential neighborhoods and apartment options near major employers like GM, Ford, Stellantis, Rocket Companies, and Corewell Health. Find your perfect Motor City home.

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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
Country Court1 Bed 1 Bath1BR,1BA$950
Altitude Apartments East1 Bed / 1 Bath1BR,1BA$950
North Park TowersStudio with W/D [S 1,2,3]Studio,1BA$959
The Loop on GreenfieldThe Jefferson - 2 Bed 1 Bath2BR,1BA$964
Towne Square ApartmentsThe Uptowne1BR,1BA$969

Best Value Apartments for Rent in Oak Park, MI

As of May 18, 2026 the best value apartment in the Oak Park area is the $1.14 price per square foot The Legend Model at Legacy Place Apartments - Southfield, MI in the in the Pembroke neighborhood starting from $1,819. The second greatest value Oak Park apartment is the Garden 2 Bedroom Model at The Oxley starting at $1,379 with a $0.95 price per square foot in the Pembroke 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.
Legacy Place Apartments - Southfield, MIThe Legend2BR,2BA$1.14
The OxleyGarden 2 Bedroom2BR,2BA$0.95
Chateau RivieraHudson 2 Bedroom 2 Bath2BR,2BA$1.05
Cambridge SquareOne Bedroom1BR,1BA$1.27
Country Court1 Bed 1 Bath1BR,1BA$1.08
The Loop on GreenfieldThe Thompson - 2 Bed 1 Bath2BR,1BA$1.21
Meadowcrest Senior Apartments2 Bedroom2BR,1BA$1.27
Sherwood HeightsThe Alan1BR,1BA$1.23
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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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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Oak Park, MI

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Frequently Asked Questions about Oak Park

What type of rentals are currently available in Oak Park?

There are currently 277 Apartments for Rent in Oak Park, MI with pricing that ranges from $750 to $7,008. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Park ranging from $950 to $7,500.

What is the current price range for Rental Homes in Oak Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Park ranges from $950 to $7,500 with an average monthly rent of $2,495.

How much are larger Three and Four Bedroom Rentals in Oak Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Park range from $1,300 to $7,008, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,275 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

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.

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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.