Market Summary

Cedar Springs, Kent County, MI

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Median Home Price Price

$315,124 $315.1K

Median Monthly Rent Rent

$1,332 $1.3K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Kent County

Region Price Rent GRM Display
$309,958 $1,223 21.0x
$307,316 $1,390 18.0x
$280,712 $1,090 21.0x
$431,929 $1,626 22.0x
$283,915 $1,462 16.0x
$332,446 $1,536 18.0x
$270,759 $1,204 19.0x
$385,308 $1,538 21.0x
$328,598 $1,218 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Kent County

Region Price Rent GRM Display
$254,611 $1,221 17.0x
$493,394 $2,040 20.0x

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
$307,560 $1,369 19.0x
$248,505 $1,348 15.0x
$235,731 $1,291 15.0x
$251,676 $1,320 16.0x
$284,123 $1,447 16.0x
$317,516 $1,283 21.0x
$273,833 $1,275 18.0x
$203,846 $985 17.0x
$223,405 $1,121 17.0x
$236,405 $1,099 18.0x
$244,065 $1,202 17.0x
$239,722 $1,186 17.0x
$249,141 $1,312 16.0x
$276,859 $1,543 15.0x
$277,060 $871 27.0x
$287,564 $1,317 18.0x
$237,234 $1,230 16.0x
$294,294 $1,258 20.0x
$249,242 $1,281 16.0x
$304,752 $1,657 15.0x
$323,191 $1,343 20.0x
$214,347 $1,338 13.0x
$312,505 $1,565 17.0x
$231,568 $1,056 18.0x
$242,973 $1,284 16.0x
$223,647 $1,184 16.0x
$274,669 $1,266 18.0x
$243,624 $1,342 15.0x
$250,765 $1,222 17.0x
$322,932 $1,715 16.0x
$565,486 $1,417 33.0x
$242,331 $1,289 16.0x
$223,644 $967 19.0x
$424,615 $1,338 27.0x
$185,812 $1,009 15.0x
$330,311 $1,356 20.0x
$285,641 $1,264 19.0x

Home prices

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Monthly rent

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GRM

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Cedar Springs

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Trend Insights

Median Rent in Cedar Springs, MI is $1,332, with MoM change +$15 and YoY change +$118 pointing to positive momentum while volatility is low (std $31).

Benchmark Markets Side by Side

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

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Metric
Base market Cedar Springs, MI
Compare market Select a market
Delta vs base
Median rent
$1,332
N/A
Median price
$315,124
N/A
YoY change
+$118
N/A
Price-to-rent
19.7x
Data unavailable
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