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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 $83,984, lower than the Pennsylvania average of $288,156.
The average cost of rent is $932/mo in Ferndale, primarily driven by the current value of real estate in the Ferndale area. In Ferndale, 32.53% of households rent, and 52.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ferndale is $4,665 per month. Households that rent pay about 19.98% of their income on rent here. Ferndale’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lorain, PA: less expensive homes
- Elim, PA: higher priced homes
- Dale, PA: less expensive homes
- Southmont, PA: higher priced homes
- Johnstown, PA: higher priced homes
- Geistown, PA: higher priced homes
- Westmont, PA: higher priced homes
- Davidsville, PA: higher priced homes
- Ingleside, PA: higher priced homes
- East Conemaugh, PA: less expensive homes
Cities with Similar Populations
- Lovelady, TX: higher priced homes
- Ferrisburg, VT: higher priced homes
- Folsom, NJ: higher priced homes
- Woolwine, VA: higher priced homes
- Woodway, WA: higher priced homes
- Gamerco, NM: less expensive homes
- Garfield, MN: higher priced homes
- Unionville, IN: higher priced homes
- Turkey, NC: less expensive homes
- Tula, MS: higher priced homes
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