
Home Price Key
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 $158,690, lower than the New York average of $481,023.
The average cost of rent is $963/mo in Ferndale, primarily driven by the current value of real estate in the Ferndale area. While nearly 49.13% of residents own their homes outright in Ferndale, 49.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ferndale is $4,661 per month. Households that rent pay about 20.66% of their income on rent here. Ferndale's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Liberty, NY: less expensive homes
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- White Sulphur Springs, NY: equally priced homes
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- South Fallsburg, NY: higher priced homes
- Maplewood, NY: equally priced homes
Cities with Similar Populations
- Hodges, AL: less expensive homes
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- Haydenville, OH: equally priced homes
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- Hecker, IL: higher priced homes
- Herman, NE: higher priced homes
- Hilliard, MO: equally priced homes
- Hillsboro, GA: less expensive homes
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