Leland, Leelanau County, MI

Median Home Price Price

$1,129,348 $1.1M

Median Monthly Rent Rent

$1,210 $1.2K

78.0x

Market Snapshot

Leland, Leelanau County, MI is a city market with a median home price of $1,129,348, a median monthly rent of $1,210, a GRM of 78.0x, and a price-to-rent ratio of 77.8.

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Home prices

Monthly rent

GRM = home price / annual rent

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Home prices

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GRM = home price / annual rent

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South Bristol, Lincoln County, ME Explore deeper
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Home prices

Monthly rent

GRM = home price / annual rent

Leland

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Benchmark comparison

Compare Leland, MI to another market.

Compare to Northport, MI
Leland, MI
Northport, MI
Delta
Median rent
$1,210
N/A
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Median price
$1,129,348
N/A
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YoY change
+$56
N/A
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Price-to-rent
77.8x
Data unavailable
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Key takeaways

  • Leland, Leelanau County, MI has a higher-grm screening profile: At 78.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $56 year over year.
  • Next discovery step: compare Northport, Leelanau County, MI from the Same county set.