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Newest Homes for Rent in Pleasant Ridge, MI

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    Starting at $2,865 Per Month

    • 1 - 3 Beds

    3351 Bermuda St, Ferndale, MI 48220

    Situated between the thriving neighborhoods of Ferndale and Pleasant Ridge, The Flats at Iron Ridge are the newest edition to the curated revival of Iron Ridge District. The new apartments bring a vibrant flavor of luxury to a once industrial pocket of Ferndale. With thoughtfully planned community amenities complementing well-appointed apartment interiors, The Flats reflect the unique community

    Flats at Iron Ridge

    3351 Bermuda St, Ferndale, MI 48220
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    Starting at $1,911 Per Month

    • Studio - 3 Beds

    25090 Woodward Ave, Royal Oak, MI 48067

    Where majesty rises.The pride of a gorgeous home. The power of an award winning, walkable neighborhood. And the possibilities of a new lifestyle in Royal Oak, Michigan. In a landscape both renewed and redefined, The Griffin Royal Oak Apartments rises as the proud residence of choice. Utterly on-trend, yet universally elegant. Close to all you desire in metro Detroit, yet with a unique

    The Griffin Royal Oak

    25090 Woodward Ave, Royal Oak, MI 48067
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    $995 Per Month

    • 1 Bed
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    55 Kensington Blvd, Pleasant Ridge, MI 48069

    ASK ABOUT OUR ALTERNATIVE SECURITY DEPOSIT.This basement apartment features a back entrance and includes electric, gas, water, and trash removal. Inside, you'll find a nice-sized living room, a spacious bedroom, and a fully equipped kitchen with a stove and refrigerator. A washer and dryer are also included for added convenience.The apartment is ideally located near the highway,

    Debra Frye Real Property Management Metro Detroit

    55 Kensington Blvd, Pleasant Ridge, MI 48069

Frequently Asked Questions

How much does it cost to rent a home in Pleasant Ridge, MI?
The median rent for a home in Pleasant Ridge, MI is $995 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Pleasant Ridge, MI?
To comfortably afford the median rent in Pleasant Ridge, MI, a household needs to earn roughly $39,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $995 per month in Pleasant Ridge, MI, renters typically need to show $2,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Pleasant Ridge, MI?
In Pleasant Ridge, MI, the price-to-rent ratio is 38.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Pleasant Ridge, MI are best for renting a home?
The best neighborhood for renting in Pleasant Ridge, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Garden Homes, McDowell, Bagley, Southwest Warren and Schulze, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$995
Median Single Family Home Rent
$995
How to Rent a Home