Market Summary

Allegan, Allegan County, MI

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Median Home Price Price

$258,908 $258.9K

Median Monthly Rent Rent

$1,431 $1.4K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Allegan County

Region Price Rent GRM Display
$249,345 $1,402 15.0x
$306,785 $936 28.0x
$222,152 $1,255 15.0x
$303,058 $1,262 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Allegan County

Region Price Rent GRM Display
$267,223 $1,550 14.0x
$278,446 $1,558 15.0x
$279,605 $916 25.0x
$433,285 $1,867 19.0x
$270,746 $884 26.0x
$303,246 $1,156 22.0x
$306,298 $1,343 19.0x

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
$292,820 $1,564 16.0x
$227,322 $1,210 16.0x
$388,051 $1,495 21.0x
$257,825 $1,361 16.0x
$302,687 $1,369 18.0x
$224,835 $1,283 15.0x
$338,034 $1,496 19.0x
$347,741 $1,927 15.0x
$520,847 $1,524 28.0x
$262,255 $1,285 17.0x
$223,722 $1,336 14.0x
$276,859 $1,543 15.0x
$232,176 $1,321 15.0x
$256,930 $1,476 15.0x
$312,905 $1,557 17.0x
$284,983 $1,290 18.0x
$323,230 $1,460 18.0x
$189,942 $1,217 13.0x
$326,667 $1,453 19.0x
$393,969 $1,194 27.0x
$217,649 $1,380 13.0x
$377,015 $2,153 15.0x
$311,335 $1,480 18.0x
$252,326 $1,338 16.0x
$293,550 $1,589 15.0x
$319,555 $1,520 18.0x
$282,227 $1,352 17.0x
$244,646 $1,200 17.0x
$320,980 $1,422 19.0x
$284,123 $1,447 16.0x

Home prices

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Monthly rent

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GRM

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Allegan

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Trend Insights

Median Rent in Allegan, MI is $1,431, with MoM change +$16 and YoY change +$124 pointing to positive momentum while volatility is low (std $32).

Benchmark Markets Side by Side

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

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Metric
Base market Allegan, MI
Compare market Select a market
Delta vs base
Median rent
$1,431
N/A
Median price
$258,908
N/A
YoY change
+$124
N/A
Price-to-rent
15.1x
Data unavailable
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