Ferndale, MI Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,747
1-year change
+6.2%
$102/mo
5-year change
+26.0%
$360/mo
10-year change
+71.6%
$729/mo

Monthly rent trend

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Year-by-year rent in Ferndale

YearMedian rentYoY changevs 2015
2015$974/mo0.0%
2016$993/mo+2.0%+2.0%
2017$1,076/mo+8.4%+10.5%
2018$1,148/mo+6.7%+17.9%
2019$1,212/mo+5.6%+24.4%
2020$1,240/mo+2.3%+27.3%
2021$1,364/mo+10.0%+40.0%
2022$1,488/mo+9.1%+52.8%
2023$1,590/mo+6.9%+63.2%
2024$1,638/mo+3.0%+68.2%
2025$1,624/mo-0.9%+66.7%
2026$1,744/mo+7.4%+79.1%

Frequently asked questions

How much has rent in Ferndale changed since 2015?

Median rent in Ferndale, MI was $940 in 2015-01 and is $1,747 as of 2026-06 — a change of $807 per month over 11 years.

How much has Ferndale rent increased in the last 5 years?

Over the past 5 years, median rent in Ferndale, MI has changed +26.0% ($360 per month). The current median is $1,747.

What has rent in Ferndale done over the past decade?

Over the past 10 years, median rent in Ferndale, MI has changed +71.6% ($729 per month). It is now $1,747.

Is rent in Ferndale going up or down year over year?

Year over year, median rent in Ferndale, MI has increased +6.2% ($102/mo). Current median: $1,747.

See full rent data for Ferndale, MI
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.