What is the rental vacancy rate in Ferndale, MI?
The rental vacancy rate in Ferndale, MI is 5.5% (±3.6 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±0.4 points).
579 (±268) homes, 5.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Ferndale, the rental vacancy rate went from 4.6% in 2015–2019 to 5.5% in 2020–2024 (+0.9 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.5% (±3.6 points)
- Homeowner vacancy rate
- 0.0% (±0.4 points)
- Vacant homes
- 579 (±268)
Vacancy in Ferndale against Oakland County, its state and the nation
| Ferndale | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.5% (±3.6 points) | 7.4% (±0.6 points) | 5.1% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±0.4 points) | 0.4% (±0.1 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 579 (±268) | 30,888 (±1,757) | 545,867 (±7,991) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Ferndale, the rental vacancy rate is not measurably different from Oakland County (7.4%).
It is not measurably different from Michigan (5.1%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Ferndale
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Ferndale | — | 5.5% (±3.6 points) | — |
| Pleasant Ridge | 1.1 mi | 9.1% (±13.9 points) | Not measurably different |
| Royal Oak Charter Township | 1.7 mi | 1.9% (±3.0 points) | Not measurably different |
| Hazel Park | 1.7 mi | 7.0% (±4.3 points) | Not measurably different |
| Huntington Woods | 2.4 mi | 0.0% (±27.2 points) | Not measurably different |
| Oak Park | 2.6 mi | 8.4% (±4.2 points) | Not measurably different |
| Royal Oak | 3.5 mi | 8.4% (±2.7 points) | Not measurably different |
| Madison Heights | 3.6 mi | 12.5% (±3.8 points) | Higher |
| Berkley | 3.9 mi | 6.8% (±6.8 points) | Not measurably different |
Nearby places with a measurably higher figure: Madison Heights, MI (12.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Oakland County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 21 | Rochester Hills | 6.9% (±3.2 points) |
| 22 | Berkley | 6.8% (±6.8 points) |
| 23 | Troy | 6.1% (±2.4 points) |
| 24 | Pontiac | 6.0% (±1.6 points) |
| 25 | Auburn Hills | 5.7% (±2.8 points) |
| 26 | Independence Charter Township | 5.6% (±4.7 points) |
| 27 | Ferndale | 5.5% (±3.6 points) |
| 28 | Walled Lake | 4.7% (±7.1 points) |
| 29 (tie) | Bloomfield Charter Township | 4.3% (±3.7 points) |
| 29 (tie) | White Lake Charter Township | 4.3% (±4.9 points) |
| 31 | Lyon Charter Township | 3.8% (±6.0 points) |
| 32 | Springfield Charter Township | 3.7% (±5.9 points) |
| 33 (tie) | Clawson | 3.5% (±3.7 points) |
Showing 13 of 49 places in Oakland County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Ferndale
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Ferndale, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Ferndale beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Ferndale, and send estimates and invoices from your phone.
Questions about Ferndale
Is it hard to find a rental in Ferndale?
The rental vacancy rate in Ferndale, MI is 5.5% (±3.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Ferndale tighter than it was?
In Ferndale, the rental vacancy rate went from 4.6% in 2015–2019 to 5.5% in 2020–2024 (+0.9 percentage points), not a measurable change.
How many homes are vacant in Ferndale?
An estimated 579 (±268) housing units, 5.3% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ferndale city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ferndale city, Michigan
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Ferndale city, Michigan (place:27880, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Ferndale at a glance
- Median rent in Ferndale
- Rent by bedrooms in Ferndale
- Rent burden in Ferndale
- Renters and owners in Ferndale
- Income and affordability in Ferndale
- Home values in Ferndale
- Homeowner costs in Ferndale
- Property taxes in Ferndale
- Types of homes in Ferndale
- Bedrooms in Ferndale
- Age of homes in Ferndale
- Heating fuel in Ferndale
- Commute and cars in Ferndale
- Crime reported to police in Ferndale
- Population growth in Ferndale
- How long people stay in Ferndale
- Crowding and facilities in Ferndale
- Fair Market Rent in Ferndale
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by rental vacancy rate
- Housing data for every place in Michigan