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Newest Homes for Rent in Ferndale, WA

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  • /32

    Starting at $1,935 Per Month

    • 2 Beds

    5125 Labounty Dr, Ferndale, WA 98248

    Looking for a new home in Ferndale? Look no further than our brand new pet-friendly apartments at Alder Creek!Our modern and spacious apartments are perfect for those who appreciate the beauty of the Pacific Northwest. Nestled amidst the stunning natural scenery of Mt. Baker and surrounded by wetlands, our community offers a tranquil retreat from the hustle and bustle of city

    Alder Creek

    (360) 318-7147

    5125 Labounty Dr, Ferndale, WA 98248
  • /5

    Starting at $1,495 Per Month

    • Studio - 3 Beds

    6276 Portal Way, Ferndale, WA 98248

    ** Grand Opening Move In Special!! Up to 2 Months Free! **Welcome to Harrington Place — a modern community designed for comfort, convenience, and connection. Residents enjoy stylish apartment features including stainless steel appliances, quartz countertops, in-unit washer & dryer, high-quality flooring, and carpeted bedrooms. Community amenities include a fitness room, indoor basketball

    Harrington Place

    (360) 966-8956

    6276 Portal Way, Ferndale, WA 98248

Frequently Asked Questions

How much does it cost to rent a home in Ferndale, WA?
The median rent for a home in Ferndale, WA is $2,500 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Ferndale, WA?
To comfortably afford the median rent in Ferndale, WA, a household needs to earn roughly $100,000 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 $2,500 per month in Ferndale, WA, renters typically need to show $7,500 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, WA?
In Ferndale, WA, the price-to-rent ratio is 21.5, 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, WA are best for renting a home?
The best neighborhood for renting in Ferndale, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include City Center, Fairhaven, Cordata, Meridian and Sehome, each with its own character and price range.

Rental Home Trends in Ferndale, WA

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,500
Median Single Family Home Rent
$2,700
Median Townhouse Rent
$2,100
Median Condo Rent
$2,113
How to Rent a Home