The Most Affordable Neighborhoods in Ferndale, CA by Home Value

 

Ferndale, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ferndale area can be challenging. Home prices in Ferndale are now at a median cost of $565,791, lower than the California average of $812,006.

The average cost of rent is $1,108/mo in Ferndale, primarily driven by the current value of real estate in the Ferndale area. In Ferndale, 37.12% of households rent, and 39.84% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Ferndale is $6,657 per month. Households that rent pay about 16.64% of their income on rent here. Ferndale’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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