Home Price Key
Affordable
Average
Expensive
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 $401,500, lower than the Washington average of $453,663.
The average cost of rent is $1,210/mo in Ferndale, primarily driven by the current value of real estate in the Ferndale area. While nearly 31.54% of residents own their homes outright in Ferndale, 23.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ferndale is $7,045 per month. Households that rent pay about 17.17% of their income on rent here. Ferndale's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Mountain View, WA: higher priced homes
- Marietta, WA: less expensive homes
- Pleasant Valley, WA: equally priced homes
- Custer, WA: equally priced homes
- Birch Bay, WA: less expensive homes
- Lynden, WA: equally priced homes
- Bellingham, WA: equally priced homes
- Lummi Island, WA: less expensive homes
- Strandell, WA: equally priced homes
- Blaine, WA: less expensive homes
Cities with Similar Populations
- Reading, MA: higher priced homes
- Martinsville, VA: less expensive homes
- Medford, NY: less expensive homes
- Mount Pleasant, WI: less expensive homes
- Mountain Home, AR: less expensive homes
- Naranjito, PR: less expensive homes
- Olney, MD: higher priced homes
- Oxford, MI: less expensive homes
- Parrish, FL: less expensive homes
- Peekskill, NY: less expensive homes
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