Ferndale, MI Homes for Rent

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  $2,200 Per Month

  • 3 Beds
  • 2 Baths
  • 1,901 Sq Ft
  • House for Rent

  505 Gardendale St, Ferndale, MI 48220

  Welcome to this beautifully updated 3-bedroom, 2-bath bungalow nestled on a spacious corner lot in the heart of Ferndale! This move-in-ready home offers a detached two-car garage and an inviting entryway that leads into a bright, open living space. The fully updated kitchen is the heart of the home, featuring a large center island, stainless steel appliances, and stunning hardwood floors that

  

  Behzad Bokani

  RE/MAX Dream Properties

  

  505 Gardendale St, Ferndale, MI 48220
• Explore Ferndale

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  Starting at $1,649 Per Month

  • Studio - 2 Beds

  430 W Nine Mile Rd, Ferndale, MI 48220

  EXPERIENCE LUXURY LOFT LIVING – WHERE STYLE MEETS CONVENIENCEDiscover loft-style living like never before at Ferndalehaus, nestled in the vibrant heart of Ferndale. Positioned at the iconic intersection of Woodward and Nine, everything you need is right at your doorstep. Immerse yourself in the energy of this dynamic neighborhood, offering an eclectic mix of restaurants, shops, late-night

  FerndaleHaus Lofts

  430 W Nine Mile Rd, Ferndale, MI 48220
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  $1,300 Per Month

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft
  • House for Rent

  383 W Chesterfield St, Ferndale, MI 48220

  Spacious upper flat in Ferndale with large living with decorative fireplace, formal dining room and hardwood floors. Ceramic tile bathroom, large kitchen with appliances and basement with laundry and storage. Upper tenant has some storage in the two car garage, but no car parking inside the garage. Street parking is available. One portable AC unit and one window unit included. Water and gas split

  

  Robert Coburn

  RE/MAX First

  

  383 W Chesterfield St, Ferndale, MI 48220
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  Starting at $1,870 Per Month

  • 1 - 3 Beds

  3351 Bermuda St, Ferndale, MI 48220

  Situated between the thriving neighborhoods of Ferndale and Pleasant Ridge, The Flats at Iron Ridge are the newest edition to the curated revival of Iron Ridge District. The new apartments bring a vibrant flavor of luxury to a once industrial pocket of Ferndale. With thoughtfully planned community amenities complementing well-appointed apartment interiors, The Flats reflect the unique community

  Flats at Iron Ridge

  

  3351 Bermuda St, Ferndale, MI 48220
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  $1,000 Per Month

  • 500 Sq Ft
  • Property for Rent

  23150 Woodward Ave Unit 2, Ferndale, MI 48220

  PRIME OFFICE SPACE RIGHT ABOVE TOAST IN DOWNTOWN FERNDALE! THIS TURNKEY OPPORTUNITY PROVIDES YOU WITH AN IDEAL LOCATION, EASY ACCESS TO WOODWARD AND MAJOR HIGHWAYS. THIS SPACE IS PERFECT FOR AN ATTORNEY, CPA, REAL ESTATE AGENCY AND MORE - REACH OUT TO US TODAY TO SET UP A TOUR! **please note that this unit is not handicap accessible** all utilities are paid by the landlord

  

  Logan Smith

  KW Domain

  

  23150 Woodward Ave Unit 2, Ferndale, MI 48220
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  Starting at $1,555 Per Month

  • Studio - 2 Beds

  409 E 9 Mile Rd, Ferndale, MI 48220

  Welcome to 409 on Nine Experience modern living in our thoughtfully designed studio, one and two-bedroom apartments. With contemporary finishes, 409 on Nine offers stylish comfort in the heart of Ferndale. Discover convenience near vibrant shops and restaurants, making urban living a breeze. We're pet-friendly, ensuring your furry friends feel at home too. Schedule a tour today at and make 409

  409 On Nine

  

  409 E 9 Mile Rd, Ferndale, MI 48220
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  $1,500 Per Month

  • 3 Beds
  • 1 Bath
  • 886 Sq Ft
  • House for Rent

  3350 Mcdowell St, Ferndale, MI 48220

  Great rental opportunity with this 3-bedroom home in N. Ferndale that has a contemporary feel. There are vaulted ceilings in the living room, a large eat-in kitchen that includes all appliances including refrigerator, dishwasher, stove, washer and dryer. There is a one car garage and a fenced in lot. There is newer laminate flooring in the living room, kitchen and hallway.

  

  James Wolfe

  Century 21 Curran & Oberski

  

  3350 Mcdowell St, Ferndale, MI 48220
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  Starting at $1,400 Per Month

  • 2 Beds

  1491 W Nine Mile Rd, Ferndale, MI 48220

  Oakfern Manor

  1491 W Nine Mile Rd, Ferndale, MI 48220
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  $1,575 Per Month

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft
  • House for Rent

  3345 Horton St, Ferndale, MI 48220

  North Ferndale two bedroom ranch on dead end street. Updated kitchen with lots of cabinets, granite countertops and stainless steel appliances. Hardwood floor, updated bathroom, central air and fenced lot. Very clean. Owner requires a minimum credit score of 650 and a one and a half months security deposit. One time $75.00 fee to ReMax First. Pet fee of $150 for approved pets.

  

  Robert Coburn

  RE/MAX First

  

  3345 Horton St, Ferndale, MI 48220
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  Call for Price

  • 1 Bed

  1400 W 9 Mile Rd, Ferndale, MI 48220

  Ferndale House Apartments

  

  1400 W 9 Mile Rd, Ferndale, MI 48220
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  $800 Per Month

  • 450 Sq Ft
  • Property for Rent

  23150 Woodward Ave Unit 1, Ferndale, MI 48220

  PRIME OFFICE SPACE RIGHT ABOVE TOAST IN DOWNTOWN FERNDALE! THIS TURNKEY OPPORTUNITY PROVIDES YOU WITH AN IDEAL LOCATION, EASY ACCESS TO WOODWARD AND MAJOR HIGHWAYS. THIS SPACE IS PERFECT FOR AN ATTORNEY, CPA, REAL ESTATE AGENCY AND MORE - REACH OUT TO US TODAY TO SET UP A TOUR! **please note that this unit is not handicap accessible** all utilities are paid by the landlord

  

  Logan Smith

  KW Domain

  

  23150 Woodward Ave Unit 1, Ferndale, MI 48220
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  Starting at $1,325 Per Month

  • 1 - 2 Beds

  901 Saint Louis St, Ferndale, MI 48220

  Fantastic, Funky FerndaleLovely apartment community 1/2 mile from the 9-mile strip and just west of Woodward Ave. Marshall Apartments offer on-site laundry, storage lockers at no charge, ample parking, and a neighborhood atmosphere. The units here offer plenty of light with large windows and are smartly laid out. floorplans. Plenty of configurations for the option of a home office.333

  333 Marshall Apartments

  

  901 Saint Louis St, Ferndale, MI 48220
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  $2,200 Per Month

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft
  • House for Rent

  2205 E 10 Mile Rd, Royal Oak, MI 48067

  Updated Royal Oak 3-bedroom, 1 full bath bungalow. Beautifully updated kitchen with granite and stainless appliances. Eat-in kitchen with lots of cabinets and natural light. Crisp white newly remodeled full bath. Newer carpet on main floor. Freshly painted too! Large primary bedroom in the upper level and 2 good size bedrooms on main floor. Private backyard perfect for a fire pit/BBQ. Just

  

  Jeffery Alasina

  Coldwell Banker Professionals-Birm

  

  2205 E 10 Mile Rd, Royal Oak, MI 48067
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  Starting at $1,899 Per Month

  • Studio - 2 Beds

  22111 Woodward Ave, Ferndale, MI 48220

  The James Ferndale is more than a place to live — it’s a lifestyle in the heart of one of Metro Detroit’s most vibrant neighborhoods. Just steps from cafés, dining, boutiques, and cultural experiences, this boutique 55+ community blends sophisticated design, modern amenities, and a walkable location that keeps you connected and inspired.Once the historic St. James School, the building was

  The James - Active Senior Residences

  

  22111 Woodward Ave, Ferndale, MI 48220
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  Starting at $893 Per Month

  • 1 - 2 Beds

  20800 Wyoming St, Ferndale, MI 48220

  Ferndale Park Co-op is an affordable, newly renovated rental community, designated for individuals 62+. Built in 1976, this beautiful, 11-story community offers 200 spacious one- and two-bedroom apartments with timesaving amenities offering peace of mind.Residents have access to a fitness center, private park with a walking path, laundry facilities, a community room bustling with

  Ferndale Park Co-op Senior Apartments

  

  20800 Wyoming St, Ferndale, MI 48220
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  $1,475

  Total Monthly Price

  • 2 Beds
  • 1 Bath
  • 830 Sq Ft
  • House for Rent

  221 Flowerdale St, Ferndale, MI 48220

  Welcome to your new home in the heart of Ferndale! This charming 2-bedroom, 1-bathroom house is a perfect blend of comfort and style. As you step inside, you'll be greeted by beautiful hardwood floors that add warmth to the living spaces.The remodeled kitchen is a highlight, boasting modern features and ample space for your culinary adventures. All appliances, including a convenient

  221 Flowerdale St, Ferndale, MI 48220
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  Starting at $1,295 Per Month

  • 1 - 2 Beds

  494 E Breckenridge St, Ferndale, MI 48220

  Live only moments from the heart of Ferndale. Our spacious one and two bedroom apartments are complete with updates, granite counters(in select units), hardwood floors, and ample natural light. Laundry is conveniently onsite, in addition to off the street parking, additional storage space and dogs and cats are welcome! Your new home lets you take full advantage of a exciting neighborhood, with

  Fern 28

  

  494 E Breckenridge St, Ferndale, MI 48220
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  $1,900

  Total Monthly Price

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft
  • House for Rent

  2742 Wolcott St, Ferndale, MI 48220

  Enjoy a beautifully renovated home within walking distance of Urbanrest Brewing Company and other local attractions. The property underwent a complete renovation in 2020 and has been meticulously maintained ever since.The living room and bedrooms feature eucalyptus flooring, while the kitchen and bathroom have durable luxury vinyl flooring. Both the kitchen and bathroom have been

  2742 Wolcott St, Ferndale, MI 48220
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  Starting at $1,900 Per Month

  • 1 Bed

  244 Vester St, Ferndale, MI 48220

  This property comprises a 3-story structure featuring a variation in ceiling heights. The first and second floors offer lofty 10' ceilings, while the third floor boasts a 9' ceiling height. The first-floor units (totaling 4) are thoughtfully designed with 1 bedroom, 1 bathroom, storage space, and outdoor patio areas that face Vester Ave. Each first-floor unit boasts 770 sq. ft. of living space.

  Vester Heights Apartments

  

  244 Vester St, Ferndale, MI 48220
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  Starting at $1,100 Per Month

  • 2 - 3 Beds

  425 Vester St, Ferndale, MI 48220

  PARKING ON SITE|OWNER PAYS FOR WATER, HEAT, HOT WATER, AND GAS COOKING|ALL APPLIANCES INCLUDEDWasher & dryer in building | On-site parking |Minutes to downtown Ferndale | Close to dining, nightlife & summer eventsThis 2 Bedroom Apartment is located near downtown Ferndale with quick access to shopping, dining, and major roads.Designed for simple, practical living without

  425 Vester St

  425 Vester St, Ferndale, MI 48220
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  Starting at $1,295

  Total Monthly Price

  • 1 Bed

  484 E Breckenridge St, Ferndale, MI 48220

  Updated 1 Bedroom Apartment Near Downtown Ferndale | Gas and Water Utilities IncludedLive in one of Metro Detroit's most desirable and walkable neighborhoods at 484 E. Breckenridge Street. This remodeled 1-bedroom apartment is just a short walk from Downtown Ferndale, placing you steps from local restaurants, coffee shops, boutiques, nightlife, and community events.Inside, you'll

  484 E Breckenridge St

  484 E Breckenridge St, Ferndale, MI 48220
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  Starting at $1,340 Per Month

  • 1 - 2 Beds

  384 Vester St, Ferndale, MI 48220

  Live at the Center of It All – Downtown Ferndale LivingWelcome to your new home in the heart of Downtown Ferndale - a vibrant, walkable community that blends small-town charm with big-city energy. Our apartment community offers modern, thoughtfully designed residences just steps away from the city’s best dining, shopping, and entertainment. Whether you're catching live music, browsing

  Vester Apartments

  

  384 Vester St, Ferndale, MI 48220
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  Starting at $1,595 Per Month

  • 2 Beds

  455 W Marshall St, Ferndale, MI 48220

  Welcome to The Marshall Place in Ferndale, MI! This location is just a short walk from 9 mile and Woodward.Our renovated units feature balconies and patios, hardwood floors, and heat, water, and trash included in the rent. Enjoy the convenience of walking to downtown Ferndale from our secure entry building. Community laundry facilities are available, with select units offering the

  The Marshall Place

  

  455 W Marshall St, Ferndale, MI 48220
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  $1,155 Per Month

  • 2 Beds
  • 1 Bath
  • 865 Sq Ft
  • House for Rent

  404 W George Ave, Hazel Park, MI 48030

  Tour this charmingly refreshed 2-bedroom, 1-bath home on W George Ave in the Ford Heights Addition Sub subdivision of Hazel Park. We are pet-friendly! Your dogs and cats are welcome at 404 West George Avenue.Benefit from recent upgrades to this inviting home. Essential appliances are included: refrigerator, sits on a private lot stove/oven, . The kitchen boasts modern

  404 W George Ave, Hazel Park, MI 48030
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  $1,700

  Total Monthly Price

  • 2 Beds
  • 1 Bath
  • 835 Sq Ft
  • Condo for Rent

  492 E Lewiston Ave Unit 1, Ferndale, MI 48220

  Charming completely remodeled lower unit in Ferndale features a stunning open floor plan with a lovely updated kitchen, two bedrooms, and spacious backyard. Bright entry living room and dining area with recessed lighting and high ceilings. Beautiful kitchen with brand new stainless steel appliances and granite countertops. Two bedrooms share a full bath down the hallway. Washer and dryer

  492 E Lewiston Ave Unit 1, Ferndale, MI 48220
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  $975

  Total Monthly Price

  • 1 Bed
  • 1 Bath
  • 525 Sq Ft
  • Condo for Rent

  347 E Saratoga St Unit 2, Ferndale, MI 48220

  This one bedroom upper flat is 1/2 block from downtown Ferndale. Available August 1st or sooner if needed.This flat features, Hardwood floors, a cool balcony to enjoy your morning coffee on. Dishwasher(YEAH!), stove, fridge and window unity AC. New windows with screens. Cool vintage claw foot tub with shower. Washer and Dryer available (free! no coins). Freshly painted. Off street

  347 E Saratoga St Unit 2, Ferndale, MI 48220
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  $999

  Total Monthly Price

  • 1 Bed
  • 1 Bath
  • 550 Sq Ft
  • Condo for Rent

  340 E Troy St Unit 2, Ferndale, MI 48220

  340 E Troy St Unit 2, Ferndale, MI 48220
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  $1,495

  Total Monthly Price

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft
  • House for Rent

  1938 Wrenson St, Ferndale, MI 48220

  Your Urban Oasis Awaits!Step into this freshly painted, 1000 sq ft gem, where classic charm meets unbeatable location! This isn't just a house; it's your gateway to the vibrant pulse of metro Detroit, perfectly situated to give you the best of both Royal Oak and Ferndale. Imagine strolling to your favorite local haunts – from cozy coffee shops to lively bars and delectable restaurants,

  1938 Wrenson St, Ferndale, MI 48220
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  $775 Per Month

  • 1 Bed
  • 1 Bath
  • 650 Sq Ft
  • Condo for Rent

  1445 W Nine Mile Rd Unit 13, Ferndale, MI 48220

  Bright, clean, and freshly remodeled lower level studio apartment. You will enjoy living in this very comfortable apartment that is within easy walking distance to downtown Ferndale with great dining and shopping experiences. Everything has been done and is ready for a new tenant to move right in. Large storage closet in unit and appliances included. The shared laundry room is on the same floor

  Thomas Styf RE/MAX Complete

  

  1445 W Nine Mile Rd Unit 13, Ferndale, MI 48220
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  $2,500 Per Month

  • 3 Beds
  • 2 Baths
  • 1,550 Sq Ft
  • House for Rent

  2505 Bonner St, Ferndale, MI 48220

  Property Id: 2429618 Move right into this beautifully maintained, fully furnished home offering the perfect blend of comfort, style, and convenience. Situated on a quiet corner lot in one of Ferndale's most desirable neighborhoods, this home is just minutes from downtown Ferndale, Royal Oak, Woodward Avenue, and I-75, providing quick access to restaurants, coffee shops, shopping, nightlife,

  2505 Bonner St, Ferndale, MI 48220
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  $1,800 Per Month

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft
  • House for Rent

  385 Vester St, Ferndale, MI 48220

  Welcome to Downtown Ferndale!! Walking distance to fabulous downtown, completely updated and renovated unit!! Hardwood floors throughout, new stainless steel appliances, plenty of windows for natural light!! This unit will not last long!! Does have a shared basement with laundry, schedule your apt today!!! No credit Karama will be accepted, $30.00 application fee.

  Frank Yaldo Wilbanks Real Estate

  

  385 Vester St, Ferndale, MI 48220
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  $1,400 Per Month

  • 1 Bed
  • 1 Bath
  • Condo for Rent

  146 E Hazelhurst St Unit 6, Ferndale, MI 48220

  Property Id: 2770979 ALL UTILITIES INCLUDES. Experience the fresh transformation of this beautifully renovated apartment under new ownership by Anthony Thomas Homes Inc., a name recognized for quality craftsmanship and modern renovations. Every detail has been thoughtfully updated to provide a clean, modern, and comfortable living experience. Inside the unit, you'll find brand-new

  146 E Hazelhurst St Unit 6, Ferndale, MI 48220
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  $4,930 Per Month

  • 9,101 Sq Ft
  • Property for Rent

  836 Woodward Heights, Ferndale, MI 48220

  Excellent opportunity to lease or own a well-located industrial property in Ferndale, just east of Woodward Ave. This approximately 9,101 sq ft industrial building is situated on approximately 0.29 acres and is zoned M1, offering flexibility for a variety of industrial, contractor, warehouse, service, storage, or owner-user needs. Property features 15' clear height, one 10' x 12' drive-in door,

  Joseph Delia Keller Williams Paint Creek

  

  836 Woodward Heights, Ferndale, MI 48220
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  $1,250 Per Month

  • 1 Bed
  • 1 Bath
  • 878 Sq Ft
  • Condo for Rent

  455 W Marshall St Unit 104, Ferndale, MI 48220

  Property Id: 1926194 1 Bedroom 1 Bath Apartment Hardwood floors, balcony, laundry, renovated. Marshall Place is located is a quiet rental community located just a short walk from downtown Ferndale. Includes: Heat, Water, Trash, Balcony Appliances: Refrigerator, Range, Dishwasher, Garbage Disposal Pet Policy: Small Dogs, Cats - Additional $25/Monthly Maximum

  455 W Marshall St Unit 104, Ferndale, MI 48220
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  $2,350 Per Month

  • 2 Beds
  • 1 Bath
  • 950 Sq Ft
  • Condo for Rent

  695 Livernois St Unit 2, Ferndale, MI 48220

  Unleash your potential in this fresh-remodeled, multi-use space with perfect natural lighting. Crafted for professionals seeking a stylish and modern environment or a creative sanctuary for living, enjoy the freedom to design your ideal oasis in a vibrant, and dynamic environment. Elevate your lifestyle in a prime location. This stunning Ferndale property not only boasts modern and broad living

  Alina Valentine KW Metro

  

  695 Livernois St Unit 2, Ferndale, MI 48220
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  $1,675 Per Month

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft
  • House for Rent

  2033 Wrenson St, Ferndale, MI 48220

  Welcome home to this charming 3-bedroom, 1-bath residence in a desirable Ferndale neighborhood. Ideally located near major highways, shopping, dining, and everyday conveniences, this home offers easy access to everything you need while being just minutes from Martin Road Park. Enjoy a spacious fenced backyard—perfect for relaxing, entertaining, or spending time outdoors—along with a detached

  2033 Wrenson St, Ferndale, MI 48220
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  $1,850 Per Month

  • 2 Beds
  • 2 Baths
  • 835 Sq Ft
  • House for Rent

  371 E Oakridge St, Ferndale, MI 48220

  This bright and well-kept residence is situated in a desirable part of Ferndale and features a neutral color scheme. The spacious living area flows into a large formal dining space and a generously sized kitchen, enhancing the home’s open feel. The property showcases beautiful hardwood flooring throughout and features large windows, including a stunning picture window that brings in plenty of

  Brian Parkison Real Estate One-Troy

  

  371 E Oakridge St, Ferndale, MI 48220
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  $1,750 Per Month

  • 1 Bed
  • 1 Bath
  • 805 Sq Ft
  • Condo for Rent

  781 Camden St Unit 781 Camden #2, Ferndale, MI 48220

  781 Camden St Unit 781 Camden #2, Ferndale, MI 48220
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  $1,750 Per Month

  • 2 Beds
  • 1 Bath
  • 833 Sq Ft
  • House for Rent

  1939 Bonner St, Ferndale, MI 48220

  FERNDALE RANCH! Prime Location! FULLY FENCED IN BACK YARD! PETS ALLOWED! Welcome home to this beautiful home with 2 Bedrooms and one Full Bathroom on First Floor in Fabulous Ferndale. Wood floors throughout home and a bonus room in the basement for an office/craftroom. Remodeled kitchen with a Brand New Stainless Steel Refrigerator, Gas Stove with New Range Hood vented outside. Custom Backsplash

  Nicole Abbiss KW Metro

  

  1939 Bonner St, Ferndale, MI 48220
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  $1,495 Per Month

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft
  • 2 bed 1 bath Ferndale ranch on a quiet, tree-lined street.

  1790 Ardmore Dr, Ferndale, MI 48220

  2 bed 1 bath Ferndale ranch on a quiet, tree-lined street. Lease includes washer, dryer, fridge, stove and 2 window AC units. Fully fenced, large backyard. 1.5 car garage. Tenant is responsible for yard maintenance and all utilities. Dogs welcome with one-time $250 pet fee and $25/month pet rent. No cats please. Application required from all adults $35 on our website. Must have 650 or higher

  1790 Ardmore Dr, Ferndale, MI 48220

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Why Live in Ferndale

Ferndale, Michigan, located 11 miles north of Detroit, is a progressive city with a population of about 19,000 residents. Known for its inclusivity and sustainability, Ferndale is home to the largest free Pride Festival in the state and boasts a lively downtown district filled with rainbow-colored crosswalks, murals, and diverse storefronts. The intersection of Nine Mile Road and Woodward Avenue forms the heart of downtown, offering a variety of things to do, including shopping at specialty stores, dining at all-American restaurants, and enjoying the vibrant nightlife. Parks such as Garbutt Park and Harding Park provide recreational spaces, while Martin Road Park becomes a hub for sledding in the winter. Homes in Ferndale, ranging from Tudor Revivals to bungalows built between the 1920s and 1940s, sell faster than the national average and are more affordable compared to nearby cities. The city hosts numerous events, including the Woodward Dream Cruise and various art fairs. Commuting is facilitated by major thoroughfares like Interstate 75 and Interstate 696, with bike lanes and limited bus stops also available. Residents may experience traffic jams due to trains, though recent legislation aims to reduce congestion. Ferndale Public Schools serve the community. Despite flood concerns, the city employs proactive measures to address these issues.

Learn more about living in Ferndale

Frequently Asked Questions

How much does it cost to rent a home in Ferndale, MI?

The median rent for a home in Ferndale, MI is $1,712 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Ferndale, MI?

To comfortably afford the median rent in Ferndale, MI, a household needs to earn roughly $68,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,712 per month in Ferndale, MI, renters typically need to show $5,136 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Ferndale, MI?

In Ferndale, MI, the price-to-rent ratio is 13.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Ferndale, MI are best for renting a home?

The best neighborhood for renting in Ferndale, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Garden Homes, Bagley, Nolan, Southwest Warren and Palmer Park, each with its own character and price range.

Rental Trends in Ferndale, MI

There are currently 74 homes available for rent in Ferndale, MI. The median rent is $1,712 per month, with single-family homes renting at $1,750, townhouses at $2,243 and condos at $1,250.

Rental Home Trends

Number of Homes for Rent 74	Median Rent $1,712
Median Single Family Home Rent $1,750	Median Townhouse Rent $2,243
Median Condo Rent $1,250