Housing costs in Ferndale?
A typical home costs
$284,500, which is 15.9% less expensive than the national average of
$338,100 and 26.7% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Ferndale costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and 3.6% more than the state average of
$1,620.
Can I afford Ferndale?
To live comfortably in Ferndale, Maryland, a minimum annual income of
$54,360 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Ferndale?
Ferndale, MD is an affordable place to live with a median home price of just $184,346. Renters will find the market affordable as well, with the median rent coming in at $1,342 per month. The cost of living in Ferndale is lower than the Maryland average and nearly 10% below the national average. This makes it an attractive option for those looking to settle down or just escape the hustle and bustle of city life. You get more bang for your buck in Ferndale, with plenty of restaurants, shopping centers, and outdoor activities available nearby.