The median home in Ferndale, Michigan is valued at $241,620, up 0.3% year over year. Typical monthly rent is $1,680, producing a price-to-rent ratio of 12x — below the national average of 18x. Ferndale is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$241,620

+0.3%

Rent$1,680/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Ferndale.

Income (annual)

Down Payment

$48,324 on $241,620

Example: $75,000 household income. Change it above to see your own.

Affordable26.6% of income

Under the 28% guideline.

PITI$1,665

P/I26.6%

Afford$254K

Room+$12K

P&I $1,222Tax $310Ins $133

Buying $15/mo cheaper ($1,680 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Ferndale with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Detroit-Warren-Dearborn, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.

View Detroit-Warren-Dearborn, MI metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Ferndale, MI