Market Summary

Wayland, Allegan County, MI

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Median Home Price Price

$316,211 $316.2K

Median Monthly Rent Rent

$1,407 $1.4K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Allegan County

No similar markets found for this scope.

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
$317,001 $1,382 19.0x
$261,864 $1,205 18.0x
$354,404 $1,418 21.0x

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
$264,843 $1,037 21.0x
$220,788 $1,251 15.0x
$259,320 $1,302 17.0x
$619,816 $1,395 37.0x
$310,047 $1,218 21.0x
$328,217 $1,453 19.0x
$343,916 $1,370 21.0x
$420,896 $1,410 25.0x
$322,281 $1,398 19.0x
$342,719 $1,443 20.0x
$286,503 $1,438 17.0x
$317,002 $1,336 20.0x
$194,388 $1,052 15.0x
$406,979 $1,351 25.0x
$529,815 $1,436 31.0x
$367,944 $1,297 24.0x
$205,453 $839 20.0x
$336,937 $1,422 20.0x
$430,853 $1,716 21.0x
$212,401 $1,119 16.0x
$297,246 $1,417 17.0x
$367,591 $1,513 20.0x
$203,647 $1,278 13.0x
$238,763 $1,407 14.0x
$273,056 $1,114 20.0x
$480,694 $1,371 29.0x
$500,640 $2,097 20.0x
$239,722 $1,186 17.0x
$298,568 $1,062 23.0x
$271,492 $1,437 16.0x
$453,469 $1,327 28.0x
$385,153 $1,604 20.0x
$427,188 $1,308 27.0x
$306,071 $1,034 25.0x
$251,676 $1,320 16.0x
$299,851 $1,316 19.0x
$289,425 $1,317 18.0x
$208,837 $1,301 13.0x
$227,322 $1,210 16.0x
$226,488 $1,306 15.0x
$329,723 $1,367 20.0x

Home prices

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Monthly rent

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GRM

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Wayland

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Trend Insights

Median Rent in Wayland, MI is $1,407, with MoM change +$15 and YoY change +$106 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

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

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Metric
Base market Wayland, MI
Compare market Select a market
Delta vs base
Median rent
$1,407
N/A
Median price
$316,211
N/A
YoY change
+$106
N/A
Price-to-rent
18.7x
Data unavailable
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