Market Summary

Michigamme, Baraga County, MI

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Median Home Price Price

$181,955 $182K

Median Monthly Rent Rent

$1,041 $1K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Baraga 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 Baraga County

Region Price Rent GRM Display
$265,086 $1,254 18.0x

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
$286,359 $1,125 21.0x
$161,656 $916 15.0x
$341,154 $1,516 19.0x
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$177,383 $1,071 14.0x
$151,096 $780 16.0x
$180,812 $1,248 12.0x
$236,277 $776 26.0x
$276,583 $956 24.0x
$363,231 $1,827 17.0x
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$163,323 $1,129 12.0x
$226,346 $1,074 17.0x
$304,505 $1,274 20.0x
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$245,074 $1,297 16.0x
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$213,294 $1,098 16.0x
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$158,750 $953 14.0x
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$316,212 $1,282 20.0x
$182,739 $967 16.0x
$309,706 $1,282 20.0x
$197,792 $1,403 12.0x
$279,627 $1,261 19.0x
$249,453 $959 22.0x
$224,115 $1,992 9.0x
$308,131 $1,314 20.0x
$181,786 $1,015 15.0x
$298,409 $783 32.0x
$143,346 $1,304 9.0x
$279,954 $1,500 16.0x

Home prices

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Monthly rent

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GRM

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Michigamme

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Trend Insights

Median Rent in Michigamme, MI is $1,041, with MoM change +$11 and YoY change +$92 pointing to positive momentum while volatility is low (std $24).

Benchmark Markets Side by Side

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Metric
Base market Michigamme, MI
Compare market Select a market
Delta vs base
Median rent
$1,041
N/A
Median price
$181,955
N/A
YoY change
+$92
N/A
Price-to-rent
14.6x
Data unavailable
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