Rental market snapshot for Ferndale, Michigan
Ferndale, Michigan Rental Property Market Overview
Ferndale, Michigan is a city located in Oakland County with a population of 19,109 as of 2021, according to the US Census. It is a vibrant city with a diverse population and a wide variety of businesses, restaurants, and entertainment options. Ferndale is known for its unique architecture, its vibrant art scene, and its many parks and trails. It is also home to a variety of festivals and events throughout the year.
The average rent for an apartment in Ferndale is $1,598. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
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Average monthly rent graph in Ferndale Michigan | Cost of Living
- The most expensive ZIP code in Ferndale is 48220 with an average price of $1,747.
- The cheapest ZIP code in Ferndale is 48220 with an average price of $1,747.
Ferndale ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 48220 | $1,747 |
Live near Ferndale, Michigan's Top Sights and Attractions
Martin Road Park is a beautiful outdoor space located in Ferndale, Michigan. It features a large, open grassy area perfect for picnics, sports, and other outdoor activities. There is also a playground with swings, slides, and other fun equipment for children. The park also has a walking path, a pond, and a gazebo. The park is surrounded by trees, giving it a peaceful and serene atmosphere.
Geary Park is a beautiful outdoor recreation area located in the heart of Michigan. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. The park also has a large pavilion, which is perfect for hosting events and gatherings. The park is surrounded by lush green trees and is a great place to relax and enjoy nature.
Harding Park is a picturesque park located in a quiet residential area. It features a large pond with a fountain, a playground, a picnic area, and a walking path. The park also has a variety of trees, shrubs, and flowers, making it a great spot for nature lovers. Visitors can also enjoy fishing, canoeing, and kayaking in the pond. The park is a great place for families to spend time together, as it offers plenty of activities for all ages.
Wanda Park is a picturesque park located in a quiet suburban area. It features a large pond with a fountain, a playground, and plenty of walking trails. There are also several picnic tables and benches scattered throughout the park, making it a great spot for a family outing. The park is also home to a variety of wildlife, including ducks, geese, and other birds. In the summer, the park is filled with colorful flowers and lush greenery, making it a great place to relax and take in the beauty of nature.
Mapledale Park is a beautiful outdoor destination located in the heart of Michigan. It features a large pond, walking trails, and plenty of open space for picnicking and recreation. The park also has a playground, basketball court, and a pavilion for special events. The park is surrounded by lush trees and wildlife, making it a great spot for nature lovers. Visitors can also enjoy fishing, canoeing, and kayaking in the pond.
Saratoga Park is a beautiful park located in Ferndale, Michigan. It features a large lake, walking trails, picnic areas, and a playground. The park also has a variety of wildlife, including ducks, geese, and other birds. Visitors can enjoy fishing, boating, and swimming in the lake. There are also several sports fields, including baseball, soccer, and basketball. The park also hosts a variety of events throughout the year, including concerts, festivals, and other activities.
Rainbow Run 5k is an annual event that celebrates the diversity of the community. Participants of all ages and abilities are invited to join in the fun, which includes a 5k course that is lined with vibrant colors. At the end of the race, participants are showered with a rainbow of colors as they cross the finish line. The event also includes music, food, and activities for the whole family.
Oppenheimer Park is a large public park located in a residential area. It features a large open grassy area, a playground, a basketball court, a baseball diamond, a picnic pavilion, and a walking path. The park also has a pond with a fountain, a gazebo, and a variety of trees and shrubs. The park is a popular spot for families to come and enjoy the outdoors, and it is also a great place to take a leisurely stroll.
Wilson Park is a beautiful outdoor space located in a small town in Michigan. It features a large pond, walking trails, and plenty of green space for picnicking and relaxing. There is a playground for children, as well as a gazebo and a pavilion for events. The park also has a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy fishing in the pond or take a stroll around the park.
Taft Park is a beautiful outdoor area located in Ferndale, Michigan. It features a large playground, a picnic area, and a walking path that winds through the park. There is also a pond with a fountain, a gazebo, and a large open grassy area perfect for playing sports or having a picnic. The park is well-maintained and provides a great place for families and friends to spend time together.
Ferndale, Michigan area median rent change by ZIP code map
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How does Ferndale compare to other cities in Michigan?
| city | median price |
|---|---|
| Howell | $1,899 |
| Troy | $1,645 |
| Grand Rapids | $1,582 |
| Sterling Heights | $1,406 |
Average household income in Ferndale area graph - US Census
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The median household income in Ferndale in 2021 was $79,181. This represents a 61.7% change from 2011 when the median was $48,967.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 5.4% |
| 1 | $10,000 to $14,999 | 3.8% |
| 2 | $15,000 to $19,999 | 2.4% |
| 3 | $20,000 to $24,999 | 1.9% |
| 4 | $25,000 to $29,999 | 3.0% |
| 5 | $30,000 to $34,999 | 4.1% |
| 6 | $35,000 to $39,999 | 3.7% |
| 7 | $40,000 to $44,999 | 3.3% |
| 8 | $45,000 to $49,999 | 3.3% |
| 9 | $50,000 to $59,999 | 7.5% |
| 10 | $60,000 to $74,999 | 8.4% |
| 11 | $75,000 to $99,999 | 19.5% |
| 12 | $100,000 to $124,999 | 10.4% |
| 13 | $125,000 to $149,999 | 12.0% |
| 14 | $150,000 to $199,999 | 7.9% |
| 15 | $200,000 or more | 3.4% |
Neighborhoods in Ferndale
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