Market Summary

Alpena, Alpena County, MI

City Last updated April 8, 2026

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Median Home Price Price

$175,647 $175.6K

Median Monthly Rent Rent

$794 $794

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Alpena, Alpena County, MI is a city market with a median home price of $175,647, a median monthly rent of $794, a GRM of 18.0x, and a price-to-rent ratio of 18.4.

Comparable Markets

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Similar Markets

Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.

Similar markets within Alpena County

Region Price Rent GRM Display
$184,241 $914 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Alpena County

Region Price Rent GRM Display
$225,691 $1,165 16.0x
$197,953 $1,763 9.0x
$199,758 $1,210 14.0x
$169,459 $1,090 13.0x
$240,618 $1,114 18.0x
$295,156 $1,303 19.0x
$190,197 $999 16.0x

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
$128,586 $832 13.0x
$171,267 $825 17.0x
$264,727 $1,458 15.0x
$229,499 $1,946 10.0x
$237,520 $1,311 15.0x
$176,836 $1,045 14.0x
$310,211 $1,119 23.0x
$246,419 $749 27.0x
$197,576 $695 24.0x
$192,444 $837 19.0x
$167,405 $925 15.0x
$209,104 $863 20.0x
$115,662 $821 12.0x
$108,445 $1,008 9.0x
$250,383 $864 24.0x
$138,504 $827 14.0x
$141,612 $1,253 9.0x
$230,247 $758 25.0x
$201,810 $1,240 14.0x
$169,503 $1,154 12.0x
$180,810 $912 16.0x
$222,748 $1,109 17.0x
$233,494 $1,536 13.0x
$232,024 $824 23.0x
$163,222 $1,066 13.0x
$224,200 $878 21.0x

Home prices

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Monthly rent

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GRM

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Alpena

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Trend Insights

Median Rent in Alpena, MI is $794, with MoM change +$6 and YoY change +$48 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

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Metric
Base market Alpena, MI
Compare market Select a market
Delta vs base
Median rent
$794
N/A
Median price
$175,647
N/A
YoY change
+$48
N/A
Price-to-rent
18.4x
Data unavailable
Frequently Asked Questions

What is the median home price in Alpena, Alpena County, MI?

TwinMarket currently shows a median home price of $175,647 for Alpena, Alpena County, MI.

What is the median rent in Alpena, Alpena County, MI?

The current TwinMarket market snapshot lists median monthly rent at $794 in Alpena, Alpena County, MI.

What is the GRM in Alpena, Alpena County, MI?

TwinMarket currently shows a GRM of 18.0x in Alpena, Alpena County, MI. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Alpena, Alpena County, MI?

Comparable markets currently surfaced on TwinMarket for Alpena, Alpena County, MI include Ossineke, Alpena County, MI, Midland, Midland County, MI, Lakeview, Montcalm County, MI. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Alpena, Alpena County, MI market page updated?

The market data shown on this page was last updated on April 8, 2026.