Market Summary

Indian River, Cheboygan County, MI

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Median Home Price Price

$296,952 $297K

Median Monthly Rent Rent

$1,141 $1.1K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cheboygan County

Region Price Rent GRM Display
$206,833 $859 20.0x
$392,005 $1,789 18.0x
$180,797 $795 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Cheboygan County

Region Price Rent GRM Display
$492,848 $1,196 34.0x
$574,915 $1,712 28.0x
$390,972 $897 36.0x
$355,484 $1,170 25.0x
$444,945 $1,336 28.0x
$267,048 $891 25.0x

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
$464,301 $1,161 33.0x
$469,687 $1,580 25.0x
$388,218 $1,264 26.0x
$284,747 $1,035 23.0x
$289,301 $1,139 21.0x
$444,168 $1,123 33.0x
$339,613 $1,182 24.0x
$197,508 $1,125 15.0x
$360,528 $1,335 23.0x
$301,724 $1,167 22.0x
$215,058 $1,042 17.0x
$486,262 $1,564 26.0x
$280,548 $1,160 20.0x
$349,767 $1,432 20.0x
$332,907 $1,120 25.0x
$251,668 $1,022 21.0x
$285,584 $434 55.0x
$129,735 $1,280 8.0x
$262,527 $944 23.0x
$369,956 $1,572 20.0x
$315,372 $1,179 22.0x
$607,466 $2,208 23.0x
$511,432 $1,208 35.0x
$366,230 $1,275 24.0x
$1,054,823 $3,414 26.0x
$254,131 $1,106 19.0x
$299,704 $1,302 19.0x
$223,446 $1,058 18.0x
$305,593 $1,128 22.0x
$312,836 $1,158 23.0x
$352,696 $1,323 22.0x

Home prices

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Monthly rent

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GRM

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Indian River

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Trend Insights

Median Rent in Indian River, MI is $1,141, with MoM change +$9 and YoY change +$47 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Indian River, MI
Compare market Select a market
Delta vs base
Median rent
$1,141
N/A
Median price
$296,952
N/A
YoY change
+$47
N/A
Price-to-rent
21.7x
Data unavailable
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