Market Summary

Republic, Iron County, MI

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Median Home Price Price

$145,889 $145.9K

Median Monthly Rent Rent

$1,259 $1.3K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Iron 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 Iron County

Region Price Rent GRM Display
$146,007 $1,582 8.0x
$368,257 $1,923 16.0x
$208,521 $1,028 17.0x
$220,877 $1,236 15.0x
$386,821 $1,823 18.0x
$237,181 $1,258 16.0x
$254,665 $1,258 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
$176,935 $1,038 14.0x
$451,882 $1,340 28.0x
$286,381 $1,576 15.0x
$266,389 $1,503 15.0x
$166,679 $1,003 14.0x
$263,452 $1,215 18.0x
$383,310 $2,075 15.0x
$173,203 $900 16.0x
$322,814 $1,197 22.0x
$409,860 $2,785 12.0x
$145,982 $864 14.0x
$204,090 $1,153 15.0x
$407,987 $1,223 28.0x
$246,736 $1,383 15.0x
$177,758 $1,013 15.0x
$329,203 $1,536 18.0x
$327,569 $2,632 10.0x
$222,841 $1,252 15.0x
$324,205 $2,983 9.0x
$382,726 $1,255 25.0x
$349,349 $2,275 13.0x
$350,610 $1,282 23.0x
$168,488 $848 17.0x
$249,779 $1,357 15.0x
$282,075 $1,234 19.0x
$300,045 $2,135 12.0x
$268,567 $1,191 19.0x
$186,152 $1,206 13.0x
$261,559 $1,202 18.0x
$265,267 $1,304 17.0x
$146,388 $1,058 12.0x
$193,084 $1,350 12.0x
$174,988 $1,021 14.0x
$370,127 $2,137 14.0x
$323,989 $983 27.0x
$235,842 $1,297 15.0x

Home prices

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Monthly rent

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GRM

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Republic

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Trend Insights

Median Rent in Republic, MI is $1,259, with MoM change +$15 and YoY change +$94 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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

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Metric
Base market Republic, MI
Compare market Select a market
Delta vs base
Median rent
$1,259
N/A
Median price
$145,889
N/A
YoY change
+$94
N/A
Price-to-rent
9.7x
Data unavailable
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