Average Rent in Ferndale, MI and Rent Price Trends

Rent trends in Ferndale, MI

Average rent prices in Ferndale have increased by 4% over the last month and have decreased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Ferndale, MI

Rent prices in Ferndale vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Ferndale is $1,400, whereas a house costs $1,850. 1-bedroom apartments in Ferndale run $1,275 on average, while 2-bedroom apartments are $1,425.


Studio	$750	11%	53%
1 bedroom	$1,300	3%	7%
2 bedroom	$1,575	1%	4%
3 bedroom	$2,050	3%	5%
4 bedroom	$2,700	4%	36%

		Listings
Downtown Ferndale	$1,829


Apartments	$1,400	2%	No Change
Condos	$1,400	1%	31%
Houses	$1,850	3%	No Change
Rooms	$1,002	-	-

Studio

Average rent

$750

Last 30 days

11%

Last year

53%

1 bedroom

Average rent

$1,300

Last 30 days

Last year

2 bedroom

Average rent

$1,575

Last 30 days

Last year

3 bedroom

Average rent

$2,050

Last 30 days

Last year

4 bedroom

Average rent

$2,700

Last 30 days

Last year

36%

The table above reflects average rent prices in Ferndale, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Ferndale, MI compare to other cities?

Compare median rent prices in Ferndale and Auburn Hills by all bedroom counts and property types.

Ferndale

Median rent price$1,600

16%

lower than the national median

Median rent price$1,630

14%

lower than the national median

Takeaway

The median rent for all rentals in Ferndale, MI is 2% lower than the median rent in Auburn Hills, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,630

$1,275

$1,250

$995

$1,950

$1,300

Redford Charter Township

$1,495

$1,285

$1,995

$2,500

$1,800

$1,502

Discover rentals in Ferndale, MI

5d+ ago

Condo for rent in Ferndale

159 E Bennett Ave, Ferndale, MI 48220

2 beds

1 bath

$1,100

5d+ ago

House for rent in Ferndale

Residential, 2 Story, Ferndale, MI

383 W Chesterfield St, Ferndale, MI 48220

2 beds

1 bath

$1,275

2d ago

8.6

Very good

Vester Apartments

384 Vester St, Ferndale, MI 48220

1–2 beds

1 bath

$1,325–$1,425

2d ago

8.5

Very good

333 Marshall Apartments

901 901 St Louis Street & 333 W Marshall Street, Ferndale, MI 48220

1–2 beds

1 bath

$1,325–$1,550

D035 - E Chesterfield 143 - Photo 1 of 1

3d ago

8.8

Very good

D035 - E Chesterfield 143

143 E Chesterfield St, Ferndale, MI 48220

2 beds

1 bath

$1,325

5d+ ago

House for rent in Ferndale

3191 Harris St, Ferndale, MI 48220

2 beds

1 bath

$1,350

436 East Cambourne Street - Photo 1 of 1

1d ago

8.3

Very good

436 East Cambourne Street

436 E Cambourne St, Ferndale, MI 48220

2 beds

1 bath

$1,400

1d ago

Apartment for rent in Ferndale

F28

590 E Lewiston Ave, Ferndale, MI 48220

2 beds

1 bath

$1,400

Stay up to date with rental market insights

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Frequently asked questions for Ferndale, MI

Quick answers to common questions about the Ferndale rental market.

How much is rent in Ferndale?

The average rent in Ferndale is $1,600 per month as of September 12, 2026.

Is rent up or down in Ferndale?

Average rent prices in Ferndale have increased by 4% over the last month and have decreased by 4% since last year.

How does Ferndale rent compare to the national average?

Rent in Ferndale is 16% below the national average, which means renters are paying approximately $300 less per month.

What salary do I need to afford rent in Ferndale?

To comfortably afford rent in Ferndale, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Ferndale?

January offers the lowest rents in Ferndale with prices roughly 4.3% below May's peak, while October is the least competitive month with lower demand compared to available inventory.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).