QPR have had a disappointing start to the new campaign, and have not won any of their last four matches in the Championship.
However, Ferdinand believes that criticism of the team has been unfair, as there was so much change around Loftus Road over the summer.
"I spoke at the start of the season and said that this season would be about consolidation for us," he said. “Now we’ve kept Charlie [Austin] and Matty [Phillips], everyone thinks we’re automatically going to go back up.
“It’s changed the game in terms of people’s perceptions in that many are thinking that we’ve kept those two so should go and win the league.
“But we’ve brought 14 new faces into this football club and got rid of 16. It takes time to gel. It’s about patience. It’s about consolidation."
QPR's poor opening to the campaign has been largely blamed on manager Chris Ramsey by supporters of the club.
The R's fans were audibly heard chanting "you don't know what you're doing" towards their manager, in a 4-0 defeat to Fulham in their most recent outing.
Ramsey has won just seven of his first 26 matches in charge of QPR, and he has an uphill battle to win the fans of the club over.
It means that there is great pressure on the side to get three points this weekend, with Bolton Wanderers visiting Loftus Road on Saturday.