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Last Updated: 02/07/2023


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All About

Living In Ferndale, MI

Ferndale, a small city in Michigan, has a population of approximately 20,000. Young professionals can expect to fit right in, as they account for an above-average percentage of the community, while retirees are less well-represented. Overall, the city's residents, with an average age of just under 38, are younger than most cities in Michigan. Home ownership is more common than renting in the area, and 36% of residents rent. Relatively high rent costs could be a contributing factor, as the average rent of $1,027/month is substantially higher than the state average of $874.

Ferndale residents have a wide range of industries from which to choose. The five most common are scientific, retail, manufacturing, healthcare, and entertainment. Together, these industries account for 41% of the labor force in the city. Meanwhile, looking at job function, many of the city's residents work in management, which ranks as the top field in the city. Ferndale workers earn an average annual income of around $70,000, about $8,000 more than the average Michigan resident. Ferndale's average income, however, is fairly average compared to the national level ($73,345). Compared to the national average (7%), Ferndale has a large concentration of residents over the age of 25 with advanced degrees, as 10% possess a Master's or a Doctoral degree. In addition, 22% have a Bachelor's degree, which also outpaces the national average.

Ferndale residents have an average commute of about 25 minutes. Driving a car or truck is the typical mode of getting to work, opted for by 58% of residents, while public transit is not extensively used. Walking isn't a common method of commuting to work.

Frequently Asked Questions About Ferndale

What is the average rent in Ferndale?

The average rent of a studio apartment in Ferndale is $1,512 per month. For a one-bedroom apartment it's $1,450 per month. For a two-bedroom apartment the average rent is $2,650 per month.

What is the average cost of rent for a one-bedroom in Ferndale?

The average rent of a one-bedroom apartment in Ferndale is $1,450

Are there any cheap apartments for rent in Ferndale?

For the best deal, we recommend using our cheap apartments filter.

You can also filter by price: Under $600, Under $700, Under $800, Under $900, Under $1000

Are there any pet friendly apartments in Ferndale?

Apply Apartment Guide's pet friendly filter to see only Ferndale apartments that accept pets.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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