Ferndale, MD Rental Market Trends
What is the average rent in Ferndale?
The average rent for an apartment in Ferndale is $1,471, a 9% increase compared to the previous year, when the average rent was $1,344.
Average Rent in Ferndale, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,471||9%||845 sq. ft.|
What is the average apartment size in Ferndale?
The average size for a Ferndale, MD apartment is 845 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Ferndale, MD Apartment Rent Ranges
Ferndale, MD Occupied Housing Units
1,976 or 31% of the households in Ferndale, MD are renter-occupied while 4,313 or 68% are owner-occupied.
Ferndale, MD Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021|
How Ferndale Compares to Other Cities
|Average Rent||Y-o-Y Change|