What's the average rent in Ferndale, MI?

Rental Market Trends in Ferndale, MI

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Ferndale, MI is $1,695 per month, which is 13% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,695
5.9%
$95 increase month-over-month
-1.7%
-$30 decrease year-over-year

AVAILABLE RENTALS

99

APARTMENTS

$1,400

HOUSES

$1,950

TOWNHOUSES

$1,819
As of September 2026, apartments are the most affordable rental option in Ferndale, MI at $1,400 per month, while houses are the most expensive at $1,950 per month. Townhomes average $1,819 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,250
2 Bedrooms$1,525
3 Bedrooms$2,000
4 Bedrooms$2,322
All$1,695
As of September 2026, the average rent for a 1 bedroom rental in Ferndale, MI is $1,250 per month, followed by $1,525 for a 2 bedroom rental, $2,000 for a 3 bedroom rental, and $2,322 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -7% compared to the previous year, which is a $120 decrease.
This year (2026)
Last year (2025)

Rent distribution

43% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $825 to $5,500.
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