Market Summary

Cedar, Leelanau County, MI

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Median Home Price Price

$492,848 $492.8K

Median Monthly Rent Rent

$1,196 $1.2K

GRM

34.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Leelanau County

Region Price Rent GRM Display
$574,915 $1,712 28.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Leelanau County

Region Price Rent GRM Display
$390,972 $897 36.0x
$358,794 $1,204 25.0x
$318,668 $1,165 23.0x

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
$299,704 $1,302 19.0x
$464,301 $1,161 33.0x
$444,168 $1,123 33.0x
$369,956 $1,572 20.0x
$638,383 $1,688 32.0x
$268,362 $1,267 18.0x
$322,527 $1,265 21.0x
$380,442 $1,449 22.0x
$208,377 $1,208 14.0x
$363,601 $1,235 25.0x
$330,734 $1,042 26.0x
$454,480 $1,283 30.0x
$207,067 $1,213 14.0x
$295,307 $1,140 22.0x
$511,340 $1,706 25.0x
$209,259 $827 21.0x
$200,139 $1,146 15.0x
$218,038 $1,276 14.0x
$457,248 $1,542 25.0x
$167,752 $1,100 13.0x
$830,793 $2,441 28.0x
$349,918 $1,226 24.0x
$285,584 $434 55.0x
$276,900 $644 36.0x
$813,226 $2,116 32.0x
$249,053 $1,122 19.0x
$196,059 $1,160 14.0x
$452,923 $1,393 27.0x
$481,673 $1,445 28.0x
$284,747 $1,035 23.0x
$296,755 $1,312 19.0x
$229,909 $1,227 16.0x
$529,818 $1,634 27.0x
$263,759 $1,809 12.0x
$315,372 $1,179 22.0x
$262,527 $944 23.0x

Home prices

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Monthly rent

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GRM

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Cedar

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Trend Insights

Median Rent in Cedar, MI is $1,196, with MoM change +$9 and YoY change +$50 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Cedar, MI
Compare market Select a market
Delta vs base
Median rent
$1,196
N/A
Median price
$492,848
N/A
YoY change
+$50
N/A
Price-to-rent
34.3x
Data unavailable
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