Market Summary

Trout Lake, Chippewa County, MI

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Median Home Price Price

$179,074 $179.1K

Median Monthly Rent Rent

$941 $941

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Chippewa County

Region Price Rent GRM Display
$184,700 $945 16.0x
$172,513 $915 16.0x
$178,957 $925 16.0x
$148,262 $919 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Chippewa County

Region Price Rent GRM Display
$159,819 $872 15.0x
$149,254 $1,494 8.0x
$194,128 $967 17.0x
$180,671 $938 16.0x
$184,241 $914 17.0x
$140,768 $929 13.0x
$208,625 $1,019 17.0x

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
$195,739 $455 35.0x
$203,432 $933 18.0x
$248,893 $928 22.0x
$203,333 $895 19.0x
$208,027 $918 19.0x
$231,529 $1,353 14.0x
$221,578 $891 21.0x
$175,944 $918 16.0x
$192,417 $910 18.0x
$305,284 $1,254 20.0x
$175,521 $1,028 14.0x
$215,170 $837 22.0x
$138,323 $568 20.0x
$445,704 $723 52.0x
$280,762 $906 26.0x
$188,183 $930 17.0x
$199,235 $1,215 13.0x
$204,384 $1,053 16.0x
$182,965 $1,050 14.0x
$217,066 $1,009 18.0x
$209,943 $990 17.0x
$256,288 $830 26.0x
$114,277 $902 11.0x
$128,536 $878 12.0x
$245,655 $1,115 18.0x

Home prices

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Monthly rent

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GRM

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Trout Lake

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Trend Insights

Median Rent in Trout Lake, MI is $941, with MoM change +$9 and YoY change +$80 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

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

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Metric
Base market Trout Lake, MI
Compare market Select a market
Delta vs base
Median rent
$941
N/A
Median price
$179,074
N/A
YoY change
+$80
N/A
Price-to-rent
15.9x
Data unavailable
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