As of April 2026, rental prices in Ferndale, MI range from $1,021 to $2,320 per month depending on property type and bedroom count.
The largest year-over-year change occurred in 1BR apartments, which declined 12.52%.
For 2BR units, single-family homes have a median rent of $1,619, compared to $1,522 for condos/townhomes.
What is the typical rent range in Ferndale, MI for April 2026?
In April 2026, median rents in Ferndale, MI span from $1,021 for 1BR apartments up to $2,320 for 4BR condos/townhomes.
Are there any segments in Ferndale, MI with unusual rent changes in April 2026?
1BR apartments in Ferndale, MI had an unusually sharp month-over-month drop of -13.52%, with rents falling to $1,021.
Which rental segment saw the sharpest month-over-month change in Ferndale, MI for April 2026?
1BR apartments saw the biggest month-over-month movement, declining 13.52% from the previous month.
What is the rent premium between condos/townhomes and single-family homes for 3BR rentals in Ferndale, MI?
In April 2026, 3BR condos/townhomes rent for $2,135 while 3BR single-family homes rent for $1,848, showing a premium of $287 for condos/townhomes.
Ferndale, MI
April 2026
48220
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$980 – $1,062
-13.52%
-12.52%
2-Bedroom
$1,506 – $1,664
1.45%
11.13%
3-Bedroom
$1,942 – $2,033
0.31%
3.85%
4-Bedroom
$2,091 – $2,185
0.47%
4.44%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,258 – $1,314
-0.46%
5.15%
2-Bedroom
$1,473 – $1,570
-8.05%
-3.38%
3-Bedroom
$2,067 – $2,203
0.85%
4.04%
4-Bedroom
$2,292 – $2,394
0.78%
4.18%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,243 – $1,289
0.72%
5.52%
2-Bedroom
$1,538 – $1,700
2.22%
9.07%
3-Bedroom
$1,761 – $1,935
-5.62%
5.18%
4-Bedroom
$2,069 – $2,175
-1.53%
2.56%
Data updated: June 2, 2026
In the Ferndale (48220) rental market, 1-bedroom apartments experienced a steep decline, dropping 13.52% month-over-month to a median rent of $1,021 in April 2026. The year-over-year drop was also notable at -12.52%, representing the sharpest contraction among all segments analyzed.
Across Ferndale (48220), 2-bedroom single-family homes posted a 2.22% month-over-month gain, reaching $1,619. This segment leads the 2-bedroom category, as condos/townhomes dropped 8.05% to $1,522 and apartments rose 1.45% to $1,585 over the same period.
Looking at annual changes, Ferndale (48220) rental trends indicate that 3-bedroom condo/townhome units climbed 4.04% year-over-year to a median rent of $2,135. This puts them ahead of apartments at $1,970, which rose 3.85% YoY, while single-family homes hit $1,848 with a 5.18% YoY increase.