Market Summary

Ferndale, Oakland County, MI

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Median Home Price Price

$242,269 $242.3K

Median Monthly Rent Rent

$1,534 $1.5K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Oakland County

Region Price Rent GRM Display
Oak Park
$221,668 $1,663 11.0x
Keego Harbor
$218,745 $1,473 12.0x
Royal Oak
$312,136 $1,818 14.0x
Southfield
$240,591 $1,534 13.0x
Madison Heights
$211,873 $1,451 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Oakland County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
Spartanburg, Spartanburg County, SC
$223,596 $1,192 16.0x
Woodlyn, Delaware County, PA
$284,166 $1,510 16.0x
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$318,884 $1,823 15.0x
Columbus, Muscogee County, GA
$164,562 $1,326 10.0x
Kansas City, Jackson County, MO
$239,189 $1,573 13.0x
Columbus, Franklin County, OH
$240,068 $1,534 13.0x
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$231,212 $1,205 16.0x
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$251,927 $1,517 14.0x
Raytown, Jackson County, MO
$195,944 $1,160 14.0x
Palos Hills, Cook County, IL
$270,852 $1,531 15.0x
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$295,825 $1,651 15.0x
Hillcrest, Brazoria County, TX
$323,414 $1,625 17.0x
Columbia, Richland County, SC
$221,726 $1,395 13.0x
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$302,046 $1,477 17.0x
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$373,414 $1,533 20.0x
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$346,424 $1,601 18.0x
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$354,767 $2,061 14.0x
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$267,968 $1,065 21.0x
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$286,286 $1,507 16.0x
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$316,445 $1,938 14.0x
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$245,807 $1,313 16.0x
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$354,690 $1,185 25.0x
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$466,426 $1,687 23.0x
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$317,798 $1,605 16.0x
Wilsonville, Shelby County, AL
$329,508 $1,528 18.0x
Griffith, Lake County, IN
$238,549 $1,531 13.0x
Delta, Fulton County, OH
$209,794 $1,181 15.0x
Platte City, Platte County, MO
$383,281 $1,676 19.0x
Midwest City, Oklahoma County, OK
$164,550 $1,089 13.0x
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$289,402 $1,508 16.0x
Lost Nation, Clinton County, IA
$145,482 $1,360 9.0x
Erlanger, Kenton County, KY
$236,157 $1,484 13.0x
Glenolden, Delaware County, PA
$234,194 $1,636 12.0x
Greensboro, Guilford County, NC
$255,918 $1,367 16.0x
Irmo, Richland County, SC
$273,744 $1,952 12.0x
Charlestown, Clark County, IN
$292,439 $1,201 20.0x
Athens, Clarke County, GA
$325,050 $1,506 18.0x

Home prices

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Monthly rent

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GRM

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Ferndale

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Trend Insights

Median Rent in Ferndale, MI is $1,534, with MoM change +$9 and YoY change +$61 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Ferndale, MI.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Ferndale, MI
Compare market Select a market
Delta vs base
Median rent
$1,534
N/A
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Median price
$242,269
N/A
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YoY change
+$61
N/A
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Price-to-rent
13.2x
Data unavailable
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