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2026 Compare Cities Housing:
Richmond, VA vs Ferndale, MI

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Highlights
- The median age of a home in Richmond is 22.2% younger than the median age of a home in Ferndale.
 Richmond, VAFerndale, MIUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$214,700$338,100
 Home Appr. Last 12 months15.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock52.6%57.0%
 Home Appr. Last 10 yrs.93.9%  Unlock101.1%
 Property Tax Rate  Unlock$14.3$11.0
 Homes Owned38.9%  Unlock57.4%
 Housing Vacant  Unlock5.5%11.2%
 Homes Rented50.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Richmond, VAFerndale, MIUnited States
 Average Rent  Unlock$1,590$1,840
 Studio Apartment$1,140  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,010$1,180
 2 Bedroom Home or Apartment$1,320  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,610$1,860
 4 Bedroom Home or Apartment$2,080  Unlock$2,160
 space1
 Vacant Housing
 Richmond, VAFerndale, MIUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented1.3%  Unlock0.4%
 Vacant For Sale  Unlock1.3%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other4.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Richmond, VAFerndale, MIUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.5%2.8%
 $60,000 to $79,9992.9%  Unlock3.9%
 $80,000 to $99,999  Unlock3.8%4.5%
 $100,000 to $149,99911.4%  Unlock11.3%
 $150,000 to $199,999  Unlock27.5%13.0%
 $200,000 to $299,99921.0%  Unlock20.1%
 $300,000 to $399,999  Unlock11.7%13.6%
 $400,000 to $499,9998.6%  Unlock8.3%
 $500,000 to $749,999  Unlock0.5%9.7%
 $750,000 to $999,9993.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.7%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Richmond, VAFerndale, MIUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock3.6%13.6%
 2000 to 20095.3%  Unlock13.6%
 1990 to 1999  Unlock1.0%13.6%
 1980 to 19897.1%  Unlock13.2%
 1970 to 1979  Unlock5.8%14.8%
 1960 to 19695.8%  Unlock13.6%
 1950 to 1959  Unlock16.8%10.0%
 1940 to 19499.1%  Unlock4.7%
 1939 or Earlier  Unlock42.9%12.2%
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Reviews for Richmond    109 Reviews
Lucas · Richmond, VA
Great for young families
Over 4 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Juli · Richmond, VA
RVA is the place to be
Over 5 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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9 to 5 · Richmond, VA
It's cool for what it is
Over 5 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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Reviews for Ferndale    7 Reviews
Jennifer · Ferndale, MI
LGBT-Friendly
Over 7 years ago

Ferndale is the heart and soul of the Michigan LGBT community. The pricing on this site is off though-- a studio is $700+ here. A one bedroom is $950+. This is without  More

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Suzanne · Cape Coral, FL
Ferndale MI Definitely Check This Out
Over 9 years ago

I have lived in Ferndale for 20 years. I grew up in the 60's on the East Side of Detroit. I was on the Assessing Review Board and Ferndale's Beautification Commission  More

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Amanda · Ferndale, MI
Fun
Over 14 years ago

Ferndale is a great walking town a short distance from Detroit. Lots of shops and restaurants within a mile of each other. It's also a very progressive community with  More

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Learn More About Richmond, Virginia
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Learn More About Ferndale, Michigan
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