What's the average rent in Ferndale, MI?

Rental Market Trends in Ferndale, MI

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

$1,596

HOUSES

$1,899

TOWNHOUSES

$1,675
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 typeAverage 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.

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.
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