Market Summary

Chatham, Alger County, MI

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Median Home Price Price

$176,998 $177K

Median Monthly Rent Rent

$859 $859

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Alger County

Region Price Rent GRM Display
Munising
$184,796 $822 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Alger County

Region Price Rent GRM Display
Edmore, Montcalm County, MI
$175,491 $870 17.0x
Millersburg, Presque Isle County, MI
$190,579 $779 20.0x
Tustin, Osceola County, MI
$204,144 $1,300 13.0x
Cornell, Delta County, MI
$181,384 $887 17.0x
Chase, Lake County, MI
$171,573 $868 17.0x
L'' Anse, Baraga County, MI
$143,772 $971 12.0x
Luther, Lake County, MI
$149,493 $1,209 10.0x
Gladwin, Gladwin County, MI
$177,172 $808 18.0x
Reed City, Osceola County, MI
$181,486 $923 16.0x
Black River, Alcona County, MI
$200,053 $958 17.0x
Lachine, Alpena County, MI
$199,890 $1,107 15.0x
Beaverton, Gladwin County, MI
$156,195 $900 15.0x
Lakeview, Montcalm County, MI
$202,548 $816 21.0x
Marion, Osceola County, MI
$167,420 $954 15.0x
Sheridan, Montcalm County, MI
$200,855 $1,043 16.0x
Rogers City, Presque Isle County, MI
$157,652 $846 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
Minnesota Lake, Faribault County, MN
$185,622 $1,219 13.0x
Stockholm, Pepin County, WI
$336,289 $920 30.0x
Susquehanna, Susquehanna County, PA
$167,335 $1,017 14.0x
Medford, Taylor County, WI
$217,066 $1,009 18.0x
Cornucopia, Bayfield County, WI
$258,653 $972 22.0x
Montgomery City, Montgomery County, MO
$206,909 $904 19.0x
Rudolph, Wood County, WI
$215,170 $837 22.0x
Ethridge, Lawrence County, TN
$246,369 $859 24.0x
Wright, Carlton County, MN
$222,121 $805 23.0x
Childress, Childress County, TX
$98,157 $1,105 7.0x
Winchester, Randolph County, IN
$140,587 $953 12.0x
Cosmos, Meeker County, MN
$166,472 $830 17.0x
Leland, Winnebago County, IA
$157,066 $950 14.0x
Blue River, Richland County, WI
$212,327 $1,080 16.0x
Coleman, Marinette County, WI
$232,637 $878 22.0x
Elysburg, Northumberland County, PA
$242,524 $930 22.0x
Meadville, Crawford County, PA
$143,431 $1,026 12.0x
Hanley Hills, Saint Louis County, MO
$81,498 $1,166 6.0x
Genoa, Vernon County, WI
$228,556 $1,039 18.0x
Cottonwood, Lyon County, MN
$226,526 $904 21.0x
Northumberland, Northumberland County, PA
$182,906 $1,164 13.0x
Platteville, Grant County, WI
$238,850 $1,041 19.0x
Muscoda, Richland County, WI
$210,110 $934 19.0x
Boyd, Chippewa County, WI
$207,539 $1,296 13.0x
Spillville, Winneshiek County, IA
$158,373 $1,040 13.0x
Mindoro, La Crosse County, WI
$308,085 $1,240 21.0x
Neillsville, Clark County, WI
$187,925 $931 17.0x
Union City, Randolph County, IN
$123,525 $728 14.0x
Jasper, Rock County, MN
$129,145 $871 12.0x

Home prices

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Monthly rent

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GRM

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Chatham

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Trend Insights

Median Rent in Chatham, MI is $859, with MoM change +$7 and YoY change +$68 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Chatham, MI.

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Metric
Base market Chatham, MI
Compare market Select a market
Delta vs base
Median rent
$859
N/A
—
Median price
$176,998
N/A
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YoY change
+$68
N/A
—
Price-to-rent
17.2x
Data unavailable
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