What's the average rent in Ferndale, MI?

Rental Market Trends in Ferndale, MI

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Ferndale, MI is $1,550 per month, which is 21% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,550

-3.1%-$50 decrease month-over-month

-3.1%-$50 decrease year-over-year

AVAILABLE RENTALS

104

APARTMENTS

$1,311

HOUSES

$1,750

TOWNHOUSES

$1,675

As of August 2026, apartments are the most affordable rental option in Ferndale, MI at $1,311 per month, while houses are the most expensive at $1,750 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	$1,070
2 Bedrooms	$1,550
3 Bedrooms	$2,200
4 Bedrooms	$2,500
All	$1,550

As of August 2026, the average rent for a 1 bedroom rental in Ferndale, MI is $1,070 per month, followed by $1,550 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,400
3 Bedrooms	$1,675
4 Bedrooms	—
All	$1,675

As of August 2026, the average rent for a 2 bedroom townhome in Ferndale, MI is $2,400 per month, followed by $1,675 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$1,450
3 Bedrooms	$3,195
4 Bedrooms	$2,400
All	$1,350

As of August 2026, the average rent for a 1 bedroom apartment in Ferndale, MI is $1,000 per month, followed by $1,450 for a 2 bedroom apartment, $3,195 for a 3 bedroom apartment, and $2,400 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,500
2 Bedrooms	$1,600
3 Bedrooms	$2,200
4 Bedrooms	$2,722
All	$1,750

As of August 2026, the average rent for a 1 bedroom house in Ferndale, MI is $1,500 per month, followed by $1,600 for a 2 bedroom house, $2,200 for a 3 bedroom house, and $2,722 for a 4 bedroom house.