Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Onsite laundry
  • Small-town charm
  • Modern finishes
  • Large windows
  • Urban living
  • Ample closet space

Location

550 Rosewood St, Ferndale, MI 48220, USA
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Contact

Management

Sunrise Communities

Leasing office

(947) 217-5654

Property Overview

Rosewood Apartments earns a solid overall Zumper rating of 8.6 out of 10, reflecting its competitive pricing and value. The property features excellent amenities, including onsite laundry and modern finishes, while enjoying a prime location with easy access to public transport and local attractions. Additionally, it is well-regarded for its pet-friendly environment, making it an appealing choice for a diverse range of renters.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, Rosewood Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Rosewood Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Images Available
  • Laundry available on site

Great for

  • Pet owners

Floor plans

B22 bed1 bath775 sqft$1,350 /mo2 units availableEnjoy $500 off your first month’s rent you when apply today - must move in by 1/31/26! Availability is limited - apply before this offer ends. Welcome to your new home in one of Ferndale’s most desirable neighborhoods! This 775 sq ft 2-bedroom, 1 bathroom apartment offers modern finishes, thoughtful design, and unbeatable location—all on the second floor for easy access. The open living area is perfect for entertaining or relaxing in style, while both bedrooms offer ample closet space for everyday convenience. Additional perks include free in-building laundry, assigned parking, and a quiet, well-maintained community—just minutes from downtown Ferndale’s dining, shopping, and nightlife. Schedule your tour today and step into effortless modern living in Ferndale!

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Amenities for Rosewood Apartments

Building

Cats OKDogs OK
In-Building LaundryOnsite Laundry

Grounds

Assigned Parking
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units16
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About Rosewood Apartments

HomeApartments in Ferndale Rosewood Apartments

Live at the Center of It All – Downtown Ferndale Living Welcome to your new home in the heart of Downtown Ferndale—a vibrant, walkable community that blends small-town charm with big-city energy. Our apartment community offers modern, thoughtfully designed residences just steps away from the city’s best dining, shopping, and entertainment. Whether you're catching live music, browsing indie boutiques, or enjoying a locally brewed coffee, everything you love about Ferndale is just around the corner. Inside, you'll find spacious floor plans with natural light pouring in through large windows. Enjoy amenities designed for your lifestyle, including onsite laundry, pet-friendly policies, and responsive management that puts your comfort first. With quick access to Woodward Avenue, I-696, and I-75, you’re only minutes from Downtown Detroit, Royal Oak, and surrounding areas—making your commute effortless and your weekend plans limitless. Come experience urban living with a neighborhood feel. Discover your place in Ferndale today. Rosewood Apartments is an apartment community located in Oakland County and the 48220 ZIP Code. This area is served by the Ferndale Public Schools attendance zone.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Rosewood Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Rosewood Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Rosewood Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Rosewood Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Rosewood Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, Rosewood Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Rosewood Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Rosewood Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Rosewood Apartments is great for:

Pet owners

  • 2 dog parks within 1 mile
  • 9 pet supply stores near the property
  • 3 pet grooming services nearby
  • 3 pet hospitals in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Rosewood Apartments compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Ferndale

2-bedroom apartments at Rosewood Apartments cost about 21% less than the average rent price for 2-bedroom apartments in Ferndale.

Median rents as of Jan 24 2026.
Ferndale
A table of studio rental data trends in Ferndale
MonthMedian Rent
February 2024$1,700
March 2024$1,640
April 2024$1,550
May 2024$1,700
June 2024$950
July 2024$950
August 2024$950
September 2024$950
December 2024$1,700
February 2025$1,593
March 2025$1,273
April 2025$1,381
May 2025$2,207
June 2025$2,017
July 2025$1,680
August 2025$1,540
September 2025$1,999
October 2025$1,899
November 2025$1,899
December 2025$1,700
January 2026$1,819

Affordability calculator

Can I afford to live at 550 Rosewood St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$54,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 2-bedrooms monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.

Schools near Rosewood Apartments

Ferndale Lower Elementary Campus

2610 pinecrest dr

ferndale, MI, 48220

K-3Public
C

Ferndale Upper Elementary Campus

24220 rosewood st

oak park, MI, 48237

K-6Public
C+
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Internet available near Rosewood Apartments

Getting around Ferndale near 550 Rosewood St

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Transit

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 550 Rosewood St, Ferndale

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

5/10
Some bars within walking distance

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