Market Summary

Elwell, Gratiot County, MI

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Median Home Price Price

$183,336 $183.3K

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 Gratiot County

Region Price Rent GRM Display
$178,834 $991 15.0x
$148,639 $839 15.0x
$149,415 $992 13.0x
$177,629 $1,103 13.0x
$154,221 $934 14.0x
$192,114 $1,308 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Gratiot County

Region Price Rent GRM Display
$202,713 $1,037 16.0x
$208,625 $1,019 17.0x
$176,636 $858 17.0x
$202,585 $1,288 13.0x
$131,759 $1,079 10.0x
$208,312 $1,568 11.0x
$184,796 $822 19.0x
$200,855 $1,043 16.0x

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
$195,991 $1,090 15.0x
$184,043 $794 19.0x
$229,181 $1,023 19.0x
$226,526 $904 21.0x
$228,556 $1,039 18.0x
$129,145 $871 12.0x
$217,066 $1,009 18.0x
$147,473 $928 13.0x
$244,997 $865 24.0x
$178,604 $899 17.0x
$245,387 $1,176 17.0x
$255,102 $867 25.0x
$195,643 $869 19.0x
$176,533 $1,042 14.0x
$256,310 $937 23.0x
$241,990 $1,515 13.0x
$197,353 $1,013 16.0x
$187,943 $824 19.0x
$243,168 $985 21.0x
$111,133 $1,131 8.0x
$498,421 $1,246 33.0x

Home prices

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Monthly rent

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GRM

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Elwell

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Trend Insights

Median Rent in Elwell, MI is $1,041, with MoM change +$8 and YoY change +$85 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 Elwell, MI.

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Metric
Base market Elwell, MI
Compare market Select a market
Delta vs base
Median rent
$1,041
N/A
Median price
$183,336
N/A
YoY change
+$85
N/A
Price-to-rent
14.7x
Data unavailable
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