Rents are right about where Ferndale's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,023 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Ferndale, WA is majority owner-occupied, 36.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Ferndale, WA has changed in 5 years
Rent in Ferndale, WA has increased 11.1% since 2023, going from about $1,821 per month to roughly $2,023 today. Census figures show median household income at $87,579 today, compared with $77,746 five years earlier. Headcount in the area went from 14,777 to 15,999 between 2021 and 2024, a 8.3% change. About 32.4% of households rent today, against 34.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.9% to 36.9%. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.
Discussions about Ferndale
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Can you afford rent in Ferndale on your salary?
At $2,023/mo, how Ferndale rent compares to typical pay (30% rule).
Ferndale rent by bedroom count
Median rent for each apartment size in Ferndale. Click any size for full breakdown.
Tips for renters in Ferndale
Last updated: August 17, 2026
The median rent in Ferndale is $2,023/mo as of August 2026. A studio apartment averages $1,300/mo while a 2-bedroom runs $1,580/mo. One-bedroom apartments average $1,330/mo and 3-bedroom units go for $2,210/mo.
At 28% of local median household income ($87,579/yr), Ferndale ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.
Frequently asked questions
Is Ferndale an affordable city for renters?
How much income do you need to rent in Ferndale?
Is rent going up or down in Ferndale?
How does Ferndale rent compare to other cities in Washington?
Which nearby cities are cheaper to rent in than Ferndale?
What percentage of Ferndale residents rent vs. own?
How does Ferndale rent compare to the national average?
At $2,023/mo, rent takes ~28% of Ferndale's median household income ($87,579/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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