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Studio Apartments for Rent in Ferndale, MI

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  • /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

    (586) 474-5639

    430 W Nine Mile Rd, 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

    (248) 556-4376

    22111 Woodward Ave, Ferndale, MI 48220

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 $1,850 per month, though prices vary by neighborhood, size, and property type. As of May 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 $74,000 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 $1,850 per month in Ferndale, MI, renters typically need to show $5,550 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 11.9, 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.

Rental Home Trends in Ferndale, MI

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,850
Median Single Family Home Rent
$1,800
Median Townhouse Rent
$2,243
Median Condo Rent
$1,650
How to Rent a Home