Market Summary

Lake, Clare County, MI

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Median Home Price Price

$162,593 $162.6K

Median Monthly Rent Rent

$1,096 $1.1K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Clare 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 Clare County

Region Price Rent GRM Display
$197,953 $1,763 9.0x
$231,803 $1,038 19.0x
$248,618 $1,240 17.0x
$176,440 $1,124 13.0x
$219,518 $1,131 16.0x
$208,127 $1,154 15.0x
$197,764 $1,696 10.0x
$199,758 $1,210 14.0x
$240,618 $1,114 18.0x
$192,970 $1,067 15.0x
$235,200 $1,215 16.0x
$208,312 $1,568 11.0x
$177,172 $808 18.0x
$225,691 $1,165 16.0x
$175,491 $870 17.0x
$210,702 $1,212 14.0x

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
$271,407 $954 24.0x
$167,578 $778 18.0x
$147,450 $1,046 12.0x
$163,222 $1,066 13.0x
$206,537 $1,194 14.0x
$360,119 $1,592 19.0x
$245,775 $1,049 19.0x
$229,499 $1,946 10.0x
$139,197 $1,063 11.0x
$208,507 $1,175 15.0x
$250,101 $1,283 16.0x
$152,364 $1,086 12.0x
$173,593 $1,160 12.0x
$186,498 $1,024 15.0x
$187,806 $1,041 15.0x
$222,584 $1,058 18.0x
$267,240 $1,172 19.0x
$150,517 $937 13.0x
$360,877 $1,128 27.0x
$357,449 $1,472 20.0x
$109,318 $1,132 8.0x
$172,032 $1,009 14.0x
$215,369 $1,135 16.0x

Home prices

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Monthly rent

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GRM

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Lake

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Trend Insights

Median Rent in Lake, MI is $1,096, with MoM change +$6 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 Lake, MI.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Lake, MI
Compare market Select a market
Delta vs base
Median rent
$1,096
N/A
Median price
$162,593
N/A
YoY change
+$80
N/A
Price-to-rent
12.4x
Data unavailable
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