Ferndale / Berkley, MI Rental Market Data

As of August 2026, rental prices in Ferndale / Berkley, MI range from $1,330 to $2,475 per month depending on property type and bedroom count.

The largest year-over-year increase occurred in 1-bedroom apartments, with rents rising 10.02%.

For 2-bedroom units, condos/townhomes have a higher median rent at $1,666 compared to apartments at $1,536.

What is the range of rental prices in Ferndale / Berkley, MI as of August 2026?

In August 2026, rents in Ferndale / Berkley, MI range from $1,330 for the most affordable single-family 1-bedroom up to $2,475 for a 4-bedroom condo/townhome.

Which is the most affordable property and bedroom combination in Ferndale / Berkley, MI right now?

The most affordable combination is a single-family 1-bedroom home, with a median rent of $1,330 as of August 2026.

How do apartment and condo rents compare for the same bedroom count in Ferndale / Berkley, MI?

For 2-bedroom units, condos/townhomes rent for $1,666 while apartments rent for $1,536, making condos/townhomes $130 more expensive as of August 2026.

Which rental segment in Ferndale / Berkley, MI saw the largest month-over-month change in August 2026?

The 1-bedroom apartment segment saw the sharpest month-over-month increase at 12.50% from the previous month.

Ferndale / Berkley, MI

August 2026

48072,48220

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,221 – $1,315	7.39%	5.03%
2-Bedroom	$1,425 – $1,489	-5.62%	-4.94%
3-Bedroom	$2,027 – $2,131	1.11%	3.67%
4-Bedroom	$2,177 – $2,290	1.63%	4.97%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,338 – $1,379	2.82%	2.62%
2-Bedroom	$1,616 – $1,699	0.34%	-0.95%
3-Bedroom	$2,230 – $2,361	1.96%	4.85%
4-Bedroom	$2,410 – $2,521	2.03%	5.27%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,331 – $1,400	5.69%	8.15%
2-Bedroom	$1,599 – $1,756	-0.00%	5.45%
3-Bedroom	$1,962 – $2,169	1.05%	7.49%
4-Bedroom	$2,343 – $2,513	-0.52%	6.42%

Data updated: September 23, 2026

Ferndale / Berkley Rental Trends

In the Ferndale / Berkley (48072, 48220) rental market, 1-bedroom apartments climbed 8.90% month-over-month to $1,163. Despite this sharp monthly gain, these units experienced a 2.10% drop year-over-year, signaling recent volatility for renters and landlords within Ferndale / Berkley (48072, 48220).

With a median rent of $1,722, 2-bedroom condo/townhomes in Ferndale / Berkley (48072, 48220) are priced $115 higher than 2-bedroom apartments at $1,607. The condo/townhome segment saw an 8.47% month-over-month rise, outpacing apartments in both growth and rental rates for this category.

After a monthly decline of 7.08%, Ferndale / Berkley (48072, 48220) rental trends show 1-bedroom single-family homes now average $1,172. However, this segment posted a 1.92% annual increase, reflecting a longer-term climb even after the recent short-term dip.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,268	$1,457	$2,065	$2,219
July 2026	$1,158	$1,518	$2,071	$2,199
June 2026	$1,101	$1,592	$2,022	$2,162
May 2026	$1,163	$1,607	$1,906	$2,139
April 2026	$1,082	$1,590	$1,967	$2,117
March 2026	$1,202	$1,565	$1,962	$2,107
February 2026	$1,197	$1,526	$1,972	$2,116
January 2026	$1,257	$1,558	$1,986	$2,131
December 2025	$1,272	$1,577	$2,001	$2,147
November 2025	$1,295	$1,577	$2,014	$2,158
October 2025	$1,282	$1,577	$2,013	$2,156
September 2025	$1,287	$1,567	$2,009	$2,144

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,359	$1,658	$2,288	$2,475
July 2026	$1,304	$1,604	$2,272	$2,451
June 2026	$1,344	$1,700	$2,230	$2,401
May 2026	$1,299	$1,722	$2,175	$2,357
April 2026	$1,296	$1,604	$2,144	$2,320
March 2026	$1,301	$1,672	$2,129	$2,302
February 2026	$1,285	$1,676	$2,132	$2,305
January 2026	$1,307	$1,668	$2,150	$2,323
December 2025	$1,313	$1,697	$2,169	$2,344
November 2025	$1,334	$1,710	$2,184	$2,365
October 2025	$1,344	$1,714	$2,193	$2,375
September 2025	$1,358	$1,710	$2,192	$2,373

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,365	$1,677	$2,065	$2,428
July 2026	$1,289	$1,675	$2,001	$2,391
June 2026	$1,336	$1,647	$2,064	$2,381
May 2026	$1,172	$1,634	$2,014	$2,190
April 2026	$1,261	$1,644	$1,872	$2,202
March 2026	$1,252	$1,592	$1,976	$2,229
February 2026	$1,251	$1,577	$1,904	$2,264
January 2026	$1,256	$1,582	$1,942	$2,258
December 2025	$1,265	$1,613	$1,972	$2,281
November 2025	$1,273	$1,623	$1,969	$2,309
October 2025	$1,276	$1,591	$1,940	$2,337
September 2025	$1,275	$1,585	$1,977	$2,342

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