Addison, Lenawee County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Addison, Lenawee County, MI

Median Home Price Price

$237,020 $237K

Median Monthly Rent Rent

$832 $832

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Addison, MI is $832, with MoM change +$5 and YoY change +$15 pointing to positive momentum while volatility is low (std $4).

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Metric

Base market Addison, MI

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Delta vs base

Median rent

$832

N/A

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Median price

$237,020

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YoY change

+$15

N/A

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Price-to-rent

23.7x

Data unavailable

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