States › Maryland › Ferndale

Is Ferndale, MD expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,54112% lower than U.S. average
💵 Families earn per year (2026)$102,401about $8,533/month · 18% higher than U.S. average
🔑 House price$327,6002% lower than U.S. average

Rent is lower than in 55% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $61,640 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Maryland cities?

Yes. Rent here is cheaper than in most of Maryland. It is number 29 of 200 cities from cheapest to most expensive.

Ferndale
$1,541
Calverton
$1,931
Takoma Park
$1,603
Damascus
$2,614
Adelphi
$1,874
White Oak
$1,884
Easton
$1,835

How much do households earn in Ferndale?

Under $25k
6.4%
$25k–50k
18.4%
$50k–100k
36.2%
$100k–150k
27.4%
$150k+
7.5%

Share of households by yearly income. 34.9% of households earn $100,000 or more.

Rent by apartment size in Ferndale

SizeFerndaleU.S. average
1 bedroom$1,707$1,324
2 bedrooms$2,051$1,509
3 bedrooms$2,337$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Ferndale overall?

Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).

Housing
121
Goods (food, clothes…)
103
Utilities
111
Other services
102
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Ferndale, so the Maryland figure is shown.

Taxes and bills in Ferndale

🏛️ Property tax$2,691a year · 0.82% of home value · U.S. $3,119
⚡ Electric bill$198a month (typical) · U.S. $156

Life in Ferndale

Commute to work25.7 minU.S.: 26.4 min
College degree23.2%U.S.: 35.7%
Own their home67.5%U.S.: 65.2%
Below poverty line8.2%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Ferndale?

Renting is cheaper right now: about $732 a month less.

Renting
$1,541
Owning
$2,273

Owning assumes a typical $327,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,760 for the down payment.

Frequently asked questions

What is the average rent in Ferndale, MD?

Renting in Ferndale costs a median of about $1,541 a month in 2026, including utilities. The Maryland median is $2,010.

How much do I need to make to live in Ferndale?

To keep rent under 30% of income, you need about $61,640 a year, or $30 an hour at a full-time job.

Is Ferndale cheap or expensive?

Ferndale is rated Cheap: rent takes 18.1% of the typical household income of $102,401. It ranks 29th cheapest of 200 Maryland cities we track.

How much are property taxes in Ferndale?

The median homeowner in Ferndale pays $2,691 a year in property taxes, about 0.82% of the median home value.

Is Ferndale more expensive than the national average?

Overall prices in Maryland are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Ferndale?

The median home value in Ferndale is $327,600, about 3.2 times the typical yearly household income.

17,529 people live in Ferndale. Numbers are typical (middle) values.