95

Ferndale, MI Homes for Rent

Section Image Section Image
  • /15

    $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

    Agent Photo

    Logan Smith

    KW Domain

    23150 Woodward Ave Unit 1, Ferndale, MI 48220
  • /93

    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
  • /8

    $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

    Agent Photo

    Robert Coburn

    RE/MAX First

    383 W Chesterfield St, Ferndale, MI 48220
  • /50

    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
  • /11

    $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

    Agent Photo

    Logan Smith

    KW Domain

    23150 Woodward Ave Unit 2, Ferndale, MI 48220
  • /32

    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
  • /7

    $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.

    Agent Photo

    James Wolfe

    Century 21 Curran & Oberski

    3350 Mcdowell St, Ferndale, MI 48220
  • /24

    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
  • /5

    Call for Price

    • 1 Bed

    1400 W 9 Mile Rd, Ferndale, MI 48220

    Ferndale House Apartments

    1400 W 9 Mile Rd, Ferndale, MI 48220
  • /22

    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
  • /33

    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
  • /21

    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
  • /9

    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
  • /7

    $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
  • /21

    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
  • /12

    Starting at $1,299

    Total Monthly Price

    • 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
  • /8

    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
  • /15

    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
  • /20

    $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
  • /33

    $2,400

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,133 Sq Ft
    • House for Rent

    3175 Mcdowell St, Ferndale, MI 48220

    Ferndale's leading home seller presents this beautifully updated ranch with a bright open-concept main floor, a stylish updated kitchen, and a private fenced backyard. A welcoming front entry with a charming bay window opens into a spacious, light-filled living area that flows seamlessly into the heart of the home. The updated kitchen is a true showstopper with crisp white shaker cabinetry,

    3175 Mcdowell St, Ferndale, MI 48220
  • /13

    $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
  • /16

    $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
  • /9

    $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
  • /7

    $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
  • /7

    $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
  • /14

    $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
  • /14

    $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
  • /13

    $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
  • /18

    $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
  • /7

    $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
  • /11

    $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
  • /15

    $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
  • /11

    $925 Per Month

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

    145 E Bennett St Unit Lower, Ferndale, MI 48220

    145 E Bennett St Unit Lower, Ferndale, MI 48220
  • /16

    $5,000 Per Month

    • 2,184 Sq Ft
    • Property for Rent

    23059 Woodward Ave Unit 1, Ferndale, MI 48220

    FOR LEASE – Prime Commercial Space on Woodward. 23061 Woodward Ave, Ferndale, MI 48220 on the corner of 9 Mile & Cambourne – Unbeatable Location! Step into one of the most highly sought-after commercial corridors in Metro Detroit. This exceptional Ferndale storefront sits prominently on the corner of 9 Mile and Woodward, surrounded by nonstop activity, thriving local businesses, and some of the

    Nahed Yousif Brookstone, Realtors LLC

    23059 Woodward Ave Unit 1, Ferndale, MI 48220
  • /9

    $3,600 Per Month

    • 5 Beds
    • 2 Baths
    • 1,648 Sq Ft
    • House for Rent

    1567 Leroy St, Ferndale, MI 48220

    Fully remodeled, furnished move-in-ready ranch. This home offers five bedrooms and two full bathrooms, featuring contemporary finishes throughout. The kitchen serves as a centerpiece, boasting quartz countertops, a decorative backsplash, ceramic tile flooring, and sleek LED lighting, all seamlessly connected to a cozy dining area. The property also includes a spacious living room and a fully

    1567 Leroy St, Ferndale, MI 48220
  • /22

    $1,500 Per Month

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

    264 E Woodland St, Ferndale, MI 48220

    Experience the Ferndale lifestyle you've been searching for. This home combines modern updates, unbeatable convenience, and the vibrant community atmosphere that makes Ferndale so desirable. Step outside your door and enjoy the walkability to neighborhood parks, coffee shops, local restaurants, and all the charm of Ferndale's thriving downtown district. Whether you're meeting friends for brunch,

    Carrie Briskin Real Estate One-Troy

    264 E Woodland St, Ferndale, MI 48220
  • /11

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • 760 Sq Ft
    • 1 bed, 1 bath single family Ferndale home with garage

    3204 Mcdowell St, Ferndale, MI 48220

    Don't let the 1 bedroom scare you away without taking a look! 1 spacious bedroom with a great closet, 1 bathroom. Large living and dining space. Appliances include fridge, stove, dishwasher, garbage disposal, washer and dryer. Backyard is completely fenced-in. 1 car garage all yours! Tenant is responsible for all yard maintenance and utilities. Applicants must have a minimum credit score of 650

    3204 Mcdowell St, Ferndale, MI 48220
  • /13

    $2,350 Per Month

    • 986 Sq Ft
    • Property for Rent

    749 W Nine Mile Rd, Ferndale, MI 48220

    Prime Office/Retail Commercial Space for Lease in the Heart of Downtown Ferndale. Don't miss this rare opportunity to secure a fully updated commercial space on W Nine Mile Road, the center of Ferndale's thriving downtown district. Steps from popular shops, restaurants, and nightlife, this location puts your business where the foot traffic is. This move-in ready space features a modern

    Christian Grothe Max Broock, REALTORS®-Birmingham

    749 W Nine Mile Rd, Ferndale, MI 48220
  • /18

    $1,199 Per Month

    • Studio
    • 1 Bath
    • 625 Sq Ft
    • MARGO MANOR-1270

    1270 W Nine Mile Rd Unit R, Ferndale, MI 48220

    1270 W Nine Mile Rd Unit R, Ferndale, MI 48220
  • /6

    $2,150 Per Month

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

    695 Livernois St Unit 3, Ferndale, MI 48220

    Unleash your potential in this fresh-remodeled, multi-use space with perfect natural lighting and breathtaking balcony. 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

    Alina Valentine KW Metro

    695 Livernois St Unit 3, Ferndale, MI 48220

Showing Results 1 - 40, Page 1 of 2

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.

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 $1,750 per month, though prices vary by neighborhood, size, and property type. As of July 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 $70,000 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 $1,750 per month in Ferndale, MI, renters typically need to show $5,250 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 12.6, 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, Southwest Warren, Palmer Park and Nolan, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
65
Median Rent
$1,750
Median Single Family Home Rent
$1,750
Median Townhouse Rent
$2,243
Median Condo Rent
$1,400
How to Rent a Home