Empire, Leelanau County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Empire, Leelanau County, MI

Median Home Price Price

$608,320 $608.3K

Median Monthly Rent Rent

$1,264 $1.3K

GRM

40.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Empire, MI is $1,264, with MoM change +$11 and YoY change +$63 pointing to positive momentum while volatility is low (std $14).

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Metric

Base market Empire, MI

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Delta vs base

Median rent

$1,264

N/A

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Median price

$608,320

N/A

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YoY change

+$63

N/A

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Price-to-rent

40.1x

Data unavailable

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