Market Summary

Madison, Lenawee County, MI

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Median Home Price Price

$208,725 $208.7K

Median Monthly Rent Rent

$1,204 $1.2K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lenawee County

Region Price Rent GRM Display
$249,689 $1,190 18.0x
$211,231 $1,305 14.0x
$235,277 $1,202 16.0x
$249,699 $939 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Lenawee County

Region Price Rent GRM Display
$145,165 $1,210 10.0x
$267,223 $1,550 14.0x
$244,397 $1,104 18.0x
$326,799 $1,206 23.0x
$251,807 $1,425 15.0x
$209,448 $1,166 15.0x
$328,598 $1,218 22.0x
$237,181 $1,258 16.0x
$278,446 $1,558 15.0x
$191,445 $1,025 16.0x
$220,877 $1,236 15.0x
$272,648 $1,745 13.0x
$272,542 $1,358 17.0x

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
$328,695 $1,260 22.0x
$334,809 $1,261 22.0x
$180,368 $1,021 15.0x
$259,600 $1,184 18.0x
$412,522 $2,275 15.0x
$182,952 $1,304 12.0x
$193,984 $1,009 16.0x
$261,860 $1,258 17.0x
$335,482 $1,782 16.0x
$285,756 $1,175 20.0x
$211,634 $1,299 14.0x
$330,037 $1,209 23.0x
$484,496 $2,616 16.0x
$165,571 $706 20.0x
$179,792 $1,187 13.0x
$319,044 $1,132 24.0x
$242,606 $1,315 15.0x
$138,275 $1,136 10.0x
$260,662 $1,110 20.0x
$164,431 $1,197 11.0x

Home prices

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Monthly rent

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GRM

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Madison

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Trend Insights

Median Rent in Madison, MI is $1,204, with MoM change +$13 and YoY change +$97 pointing to positive momentum while volatility is low (std $24).

Benchmark Markets Side by Side

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

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Metric
Base market Madison, MI
Compare market Select a market
Delta vs base
Median rent
$1,204
N/A
Median price
$208,725
N/A
YoY change
+$97
N/A
Price-to-rent
14.4x
Data unavailable
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