What's the average rent in Ferndale, MI?
Rental Market Trends in Ferndale, MI
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Ferndale, MI is $1,600 per month, which is 18% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,600
-3.0%-$50 decrease month-over-month
2.2%$35 increase year-over-year
AVAILABLE RENTALS
107
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Ferndale, MI at $1,596 per month, while houses are the most expensive at $1,899 per month. Townhomes average $1,675 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,573 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,400 |
| All | $1,600 |
As of June 2026, the average rent for a 1 bedroom rental in Ferndale, MI is $1,100 per month, followed by $1,573 for a 2 bedroom rental, $2,100 for a 3 bedroom rental, and $2,400 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $1,675 |
| 4 Bedrooms | — |
| All | $1,675 |
As of June 2026, the average rent for a 2 bedroom townhome in Ferndale, MI is $1,500 per month, followed by $1,675 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,410 |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | — |
| All | $1,350 |
As of June 2026, the average rent for a 1 bedroom apartment in Ferndale, MI is $1,100 per month, followed by $1,410 for a 2 bedroom apartment, and $2,200 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,650 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,400 |
| All | $1,899 |
As of June 2026, the average rent for a 1 bedroom house in Ferndale, MI is $1,200 per month, followed by $1,650 for a 2 bedroom house, $2,100 for a 3 bedroom house, and $2,400 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +8% compared to the previous year, which is a +$128 increase.
This year (2026)
Last year (2025)
Rent distribution
37% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $800 to $7,000.