Market Summary

Lake Leelanau, Leelanau County, MI

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Median Home Price Price

$830,024 $830K

Median Monthly Rent Rent

$1,300 $1.3K

GRM

53.0x

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
$755,430 $1,267 50.0x
$608,320 $1,264 40.0x
$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
$476,126 $1,238 32.0x

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
$552,907 $2,616 18.0x
$420,422 $1,195 29.0x
$604,883 $1,199 42.0x
$278,318 $1,142 20.0x
$947,486 $2,222 35.0x
$535,904 $1,060 42.0x
$759,183 $1,396 45.0x
$334,663 $1,269 22.0x
$543,532 $1,106 41.0x
$379,415 $1,370 23.0x
$508,242 $1,129 37.0x
$341,438 $1,366 21.0x
$638,162 $1,292 41.0x
$211,448 $1,278 14.0x
$261,086 $1,373 16.0x
$467,267 $1,433 27.0x
$646,370 $1,391 39.0x
$872,880 $3,913 18.0x
$358,008 $1,329 22.0x
$550,640 $1,097 42.0x
$263,599 $1,299 17.0x
$1,068,070 $1,868 48.0x
$381,279 $1,347 24.0x
$614,237 $1,458 35.0x
$629,734 $1,049 50.0x
$820,603 $937 73.0x
$352,193 $1,294 23.0x
$1,142,302 $2,411 40.0x
$256,372 $1,425 15.0x
$426,899 $954 37.0x
$686,462 $1,368 42.0x
$263,304 $1,438 15.0x
$834,675 $2,059 34.0x
$741,263 $1,588 39.0x
$836,827 $1,864 37.0x
$537,582 $1,351 33.0x
$444,208 $1,245 30.0x

Home prices

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Monthly rent

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GRM

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Lake Leelanau

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Trend Insights

Median Rent in Lake Leelanau, MI is $1,300, with MoM change +$10 and YoY change +$58 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

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

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Metric
Base market Lake Leelanau, MI
Compare market Select a market
Delta vs base
Median rent
$1,300
N/A
Median price
$830,024
N/A
YoY change
+$58
N/A
Price-to-rent
53.2x
Data unavailable
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