Cheap Homes for Rent in the Downtown Pleasant Ridge Neighborhood of Pleasant Ridge, MI from $995 (25 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Pleasant Ridge area of Pleasant Ridge.

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

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

Base Rent$1,425

Total Monthly Price$1,425
2 Bedroom, 1 Bath Home for Rent
Available Now

10431 Corning St

Oak ParkMI48237

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 221 Flowerdale St
$1,475

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
property at 21244 Westview Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now

21244 Westview Ave

FerndaleMI48220
property at 1580 Shevlin St
$1,550

Total Monthly Price

Base Rent$1,550

Total Monthly Price$1,550
3 Bedroom, 1 Bath Home for Rent
Available Oct 16
Outdoors

1580 Shevlin St

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.

property at 1160 Catalpa Dr
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
2 Bedroom, 1 Bath Condo for Rent
Available Now

1160 Catalpa Dr

BerkleyMI48072

Downtown Pleasant Ridge, Pleasant Ridge, MI Local Guide

Cheapest Available Downtown Pleasant Ridge Apartments for Rent

 

The cheapest available apartment rental in the Downtown Pleasant Ridge area of Detroit, MI is a 1 Bed unit found at Ferndale Park Co-op Senior Apartments priced from $893. Ferndale House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Downtown Pleasant Ridge apartments for rent in Detroit, MI:

Apartment ListingModel NameBed/BathPriced From
Ferndale Park Co-op Senior ApartmentsOne Bedroom1BR,1BA$893
Ferndale House Apartments1BR1BR,1BA$900
Catalpa Court1 Beds, 1 Baths1BR,1BA$925
North Royal Oak ApartmentsOne bedroom-One bathroom1BR,1BA$1,000
425 Vester St2 Bedroom2BR,1BA$1,100

Best Value Apartments for Rent in Downtown Pleasant Ridge, MI

As of September 10, 2026 the best value apartment in the Downtown Pleasant 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 Downtown Pleasant Ridge apartment is the 430 N Washington Model at 430 N Washington, Unit C starting at $2,000 with a $1.54 price per square foot in the Downtown Royal Oak neighborhood. Here is today’s list of the best values for Downtown Pleasant Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Amber CrossingTownhome3BR,2.5BA$1.53
430 N Washington, Unit C430 N Washington2BR,2BA$1.54
235 Jewell St, Unit Upper Unit with Balcony235 Jewell St1BR,1BA$1.33
North Royal Oak ApartmentsTwo Bedroom-One bathroom2BR,1BA$1.47
Catalpa Court1 Beds, 1 Baths1BR,1BA$1.16
Oakfern ManorTwo Bed2BR,1BA$1.75
Farnum Apartments1 Bedroom1BR,1BA$1.80
250 Spencer St, Unit 1250 Spencer St2BR,1BA$1.77
525 E Woodland St, Unit Apt. D525 E Woodland St1BR,1BA$1.53
Ferndale House Apartments1BR1BR,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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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
Downtown Pleasant Ridge, Pleasant Ridge, MI

Ranked #1

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Pleasant Ridge

What type of rentals are currently available in Downtown Pleasant Ridge?

There are currently 196 Apartments for Rent in Downtown Pleasant Ridge, MI with pricing that ranges from $780 to $7,785. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Pleasant Ridge ranging from $995 to $3,600.

What is the current price range for Rental Homes in Downtown Pleasant Ridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Pleasant Ridge ranges from $995 to $3,600 with an average monthly rent of $2,001.

How much are larger Three and Four Bedroom Rentals in Downtown Pleasant Ridge?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Pleasant Ridge range from $2,395 to $7,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,280. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,495.

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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