Performance indicators for the Ferndale short-term rental market based on reliable data.
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Reliable / Active
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Middle-Earners Gross Yield
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Middle-Earners Revenue
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Middle-Earners Occupancy
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The highest-performing listings in Ferndale.
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Generally Investor friendly
Ferndale explicitly permits STRs citywide and provides a clear, annual licensing process with defined timelines (60‑day review), modest occupancy caps, and tiered fees, indicating a supportive municipal stance. Investor risk is moderate due to a 5% density cap for non‑principal STRs in residential districts and standard compliance obligations (inspections, postings, records), but rules are straightforward and manageable.
Local STR Agent
STR specialist · Ferndale, MI
Ferndale is a city in Oakland County in the U.S. state of Michigan. An inner-ring suburb of Detroit on the Woodward Corridor, Ferndale borders Detroit to the north, roughly 10 miles (16.1 km) northwest of downtown Detroit. As of the 2020 census, the city had a population of 19,190.Ferndale is well-known for its downtown, as well as its position as the hub of the LGBTQ+ community in Metro Detroit, and a center of progressive politics.