What's the average rent in Ferndale, MI?
Rental Market Trends in Ferndale, MI
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Ferndale, MI is $1,600 per month, which is 16% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,600
-5.9%-$100 decrease month-over-month
4.9%$75 increase year-over-year
AVAILABLE RENTALS
98
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Ferndale, MI at $1,399 per month, while townhomes are the most expensive at $1,750 per month. Houses average $1,750 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,650 |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | $1,750 |
| All | $1,650 |
As of May 2026, the average rent for a 1 bedroom rental in Ferndale, MI is $1,200 per month, followed by $1,650 for a 2 bedroom rental, $1,950 for a 3 bedroom rental, and $1,750 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,726 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,400 |
As of May 2026, the average rent for a 1 bedroom townhome in Ferndale, MI is $1,400 per month, followed by $1,726 for a 2 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,850 |
| All | $1,350 |
As of May 2026, the average rent for a 1 bedroom apartment in Ferndale, MI is $1,100 per month, followed by $1,400 for a 2 bedroom apartment, $1,400 for a 3 bedroom apartment, and $1,850 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,070 |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | $1,750 |
| All | $1,800 |
As of May 2026, the average rent for a 1 bedroom house in Ferndale, MI is $1,070 per month, followed by $1,700 for a 2 bedroom house, $1,950 for a 3 bedroom house, and $1,750 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 +$120 increase.
This year (2026)
Last year (2025)
Rent distribution
44% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $700 to $5,500.