Market Summary

Luther, Lake County, MI

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Median Home Price Price

$149,493 $149.5K

Median Monthly Rent Rent

$1,209 $1.2K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lake County

Region Price Rent GRM Display
$176,440 $1,124 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 Lake County

Region Price Rent GRM Display
$177,172 $808 18.0x
$204,144 $1,300 13.0x
$222,379 $1,521 12.0x
$351,518 $1,225 24.0x
$181,955 $1,041 15.0x
$159,819 $872 15.0x
$252,023 $1,264 17.0x
$225,691 $1,165 16.0x
$202,585 $1,288 13.0x
$198,319 $1,021 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
$141,612 $1,253 9.0x
$192,760 $1,033 16.0x
$244,138 $1,105 18.0x
$119,625 $976 10.0x
$673,236 $1,138 50.0x
$151,096 $780 16.0x
$341,154 $1,516 19.0x
$304,505 $1,274 20.0x
$178,961 $1,109 14.0x
$233,071 $2,063 9.0x
$215,058 $1,042 17.0x
$251,474 $1,105 19.0x
$363,231 $1,827 17.0x
$163,222 $1,066 13.0x
$279,888 $1,057 22.0x
$177,383 $1,071 14.0x
$95,492 $677 12.0x
$175,125 $1,102 13.0x
$171,726 $1,203 12.0x
$207,764 $1,196 15.0x
$111,133 $1,131 8.0x
$167,918 $1,034 14.0x
$207,539 $1,296 13.0x
$164,264 $1,043 13.0x
$230,519 $1,287 15.0x
$185,853 $1,054 15.0x
$292,738 $1,068 23.0x
$206,514 $1,098 16.0x
$210,314 $658 27.0x
$164,465 $857 16.0x
$201,114 $999 17.0x
$220,792 $1,159 16.0x
$159,944 $1,261 11.0x

Home prices

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Monthly rent

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GRM

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Luther

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Trend Insights

Median Rent in Luther, MI is $1,209, with MoM change +$6 and YoY change +$94 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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

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Metric
Base market Luther, MI
Compare market Select a market
Delta vs base
Median rent
$1,209
N/A
Median price
$149,493
N/A
YoY change
+$94
N/A
Price-to-rent
10.3x
Data unavailable
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