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Newest Homes for Rent in Ferndale, WA

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  • /32

    Starting at $1,903 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

    5125 Labounty Dr, Ferndale, WA 98248
  • /5

    Starting at $1,395 Per Month

    • Studio - 3 Beds

    6274 Portal Way, Ferndale, WA 98248

    ** Grand Opening Move In Special!! Up to 1 Month 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

    6274 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 $2,195 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses 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 $87,800 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 $2,195 per month in Ferndale, WA, renters typically need to show $6,585 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 24.1, 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, 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, Cordata, Meridian, Sehome and Happy Valley, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,195
Median Single Family Home Rent
$2,600
Median Townhouse Rent
$2,100
Median Condo Rent
$1,950
How to Rent a Home