Market Summary

Elk Rapids, Antrim County, MI

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Median Home Price Price

$465,970 $466K

Median Monthly Rent Rent

$1,128 $1.1K

GRM

34.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Antrim County

Region Price Rent GRM Display
$318,668 $1,165 23.0x
$296,235 $1,044 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Antrim County

Region Price Rent GRM Display
$288,330 $1,106 22.0x
$365,845 $1,099 28.0x
$305,392 $1,125 23.0x
$390,972 $897 36.0x

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
$355,224 $1,486 20.0x
$324,746 $1,060 26.0x
$357,618 $1,683 18.0x
$535,249 $1,091 41.0x
$339,292 $1,059 27.0x
$452,923 $1,393 27.0x
$430,750 $1,337 27.0x
$285,235 $1,052 22.0x
$399,248 $1,481 22.0x
$275,594 $1,100 21.0x
$487,163 $1,250 33.0x
$508,646 $1,422 30.0x
$365,664 $1,066 28.0x
$565,180 $1,320 36.0x
$444,600 $1,665 22.0x
$574,392 $1,572 30.0x
$366,404 $1,105 28.0x
$303,520 $1,044 24.0x
$639,232 $1,311 41.0x
$349,155 $1,113 26.0x
$290,935 $1,095 22.0x
$323,463 $1,411 19.0x
$330,354 $1,046 26.0x
$362,260 $930 32.0x
$258,784 $1,060 20.0x
$298,409 $783 32.0x
$391,305 $1,058 31.0x
$355,284 $1,013 29.0x
$433,670 $1,172 31.0x
$377,608 $1,085 29.0x
$370,778 $1,087 28.0x
$233,071 $2,063 9.0x
$246,664 $1,068 19.0x
$347,930 $1,031 28.0x
$298,700 $1,081 23.0x
$217,148 $1,091 17.0x
$451,882 $1,340 28.0x
$231,968 $1,147 17.0x
$367,600 $986 31.0x

Home prices

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Monthly rent

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GRM

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Elk Rapids

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Trend Insights

Median Rent in Elk Rapids, MI is $1,128, with MoM change +$12 and YoY change +$90 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

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

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Metric
Base market Elk Rapids, MI
Compare market Select a market
Delta vs base
Median rent
$1,128
N/A
Median price
$465,970
N/A
YoY change
+$90
N/A
Price-to-rent
34.4x
Data unavailable
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